Is the Delta SkyMiles Platinum American Express Card Worth Its Annual Fee?

The annual companion pass, lounge access and opportunity to earn elite status are high-value perks.
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Is the Delta SkyMiles® Platinum American Express Card Worth Its Annual Fee?

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Savvy travelers can score outsized value from the Delta SkyMiles® Platinum American Express Card, even with its pricey $350 annual fee. Terms apply.

Start off with a generous welcome bonus: Earn 85,000 Bonus Miles after you spend $4,000 in purchases on your new Card in your first 6 months of Card Membership. Terms Apply.

So if you’re considering signing up for the Delta SkyMiles® Platinum American Express Card, make sure you’ll get enough value to offset the annual fee. Here’s how to decide.

The annual fee is worth it if you:

  • Check bags on at least five round-trip Delta flights each year: Cardmembers and up to eight travel companions get a free checked bag and priority boarding on Delta flights when you use the card to pay for your tickets on the same itinerary. Delta normally charges at least $30 each way to check a bag. If you check bags on just five round-trip flights (any combination of you and your companions), you easily make up this card’s annual fee. Terms apply.

  • Want a fast track to Medallion status: This is one of the few airline credit cards that can fast track you to elite status with less flying and more spending. You'll earn 1 MQD per $20 spent on the card, plus a 2,500 MQD head start at the beginning of the year.

  • Have a travel buddy: Every year on your cardmember anniversary, you’ll get a certificate that lets a companion accompany you for just taxes and fees on Main Cabin domestic, Caribbean, or Central American round-trip flights to select destinations each year after renewal. Note that you won’t earn a companion certificate until your first cardmember anniversary, after which you’ve already been charged not one but two $350 annual fees. But you will continue to earn a companion pass every year you keep the card. Either way, you can get a ticket worth more than what you pay in card fees every year. Terms apply.

  • Travel often overseas: The Delta SkyMiles® Platinum American Express Card has no foreign transaction fees. On many cards, these fees can add around 3% on top of every purchase, meaning this card can offer decent savings to frequent international travelers. Terms apply.

  • Want to get TSA Precheck or Global Entry: This card will give you a statement credit for either your $78 TSA PreCheck application fee once every 4 1/2 years or your $100 Global Entry application fee once every four years. Terms apply.

  • Use Resy and rideshare services often: A new benefit as of Feb. 1, 2024, is a $120 annual credit toward Resy and a $120 annual credit for rideshare purchases. Both of these credits are doled out in up to $10 increments each month. Terms apply.

  • Value the card’s other perks: Priority boarding, 20% back on in-flight food and drink purchases, 15% off award bookings with Delta, elite status with Hertz, trip delay insurance and extended warranty protections on purchases can be very valuable to cardmembers who make the most of them. Your monetary value here will vary depending on your situation. Terms apply.

The annual fee is not worth it if you:

  • Carry a balance or incur late fees: Interest charges and late fees can cost you more than the rewards you accrue. If you cannot pay off the balance in full every month, this isn't the card for you.

  • Don’t often fly Delta, dine out (or order takeout), grocery shop or book directly with hotels: Spending in these categories earns you bonus points on the Delta SkyMiles® Platinum American Express Card, including 3x on Delta and hotel bookings as well as 2x at restaurants and U.S. supermarkets. If you don’t make these kinds of charges often, consider a card with a lower annual fee. Terms apply.

  • Already have a more rewarding card: If you have cards that pay even more bonus points for dining, travel or other bonus categories where you spend most, using this card could be costing you points. For example, the Chase Sapphire Reserve® and The Platinum Card® from American Express give you more points for some purchases, and their flexible points currencies are more convenient than the sometimes-hard-to-use SkyMiles.

Earn up to 120,000 bonus points with our favorite American Express cards
Check out our nerdy picks for the best American Express credit cards and find the right card for you.

The bottom line

Some travelers will have no problems justifying the $350 annual cost of this card. Checked bag perks, a boost toward Medallion status, an annual companion pass and bonus miles on Delta travel and hotels can make the fee worthwhile. But if these perks don’t align with your spending habits, you can do better elsewhere.

Insurance Benefit: Trip Delay Insurance

  • Up to $300 per Covered Trip that is delayed for more than 12 hours; and 2 claims per Eligible Card per 12 consecutive month period.

  • Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply.

  • Please visit for more details.

  • Underwritten by New Hampshire Insurance Company, an AIG Company.

Insurance Benefit: Purchase Protection

  • When an American Express® Card Member charges a Covered Purchase with their Eligible Card, Purchase Protection can help protect their Covered Purchases for up to 90 days from the Covered Purchase date if it is stolen or accidentally damaged. The coverage is limited up to $1,000 per occurrence, up to $50,000 per Card Member account per calendar year.

  • Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply.

  • Please visit for more details.

  • Underwritten by AMEX Assurance Company.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are some of the best travel credit cards of 2024:

Cards for Delta from our Partners
Chase Sapphire Preferred Credit Card

on Chase's website

Chase Sapphire Preferred® Card
NerdWallet Rating
Rewards rate


5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases.


Intro offer


Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.

Capital One Venture Rewards Credit Card

on Capital One's website

Capital One Venture Rewards Credit Card
NerdWallet Rating
Rewards rate


Earn unlimited 2X miles on every purchase, every day. Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options.


Intro offer


Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel.

See more cards for delta
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