- American Express (NYSE:AXP +0.2%) and Delta Air Lines (NYSE:DAL -0.4%) ramp up rewards as well as the annual fees they'll charge as they relaunch their Delta SkyMiles American Express card portfolio.
- Annual membership fee on their Reserve Card increases to $550 as of Jan. 30, 2020 from $450 currently, on the Platinum Card rises to $250 from $195, and on the Gold Card goes up to $99 from $95.
- Card members will be able to earn more miles on everyday purchases and access more travel perks, the companies said.
- Business Cards will feature a new set of benefits, as well.
- The redesigned cards "will deliver rich rewards and benefits that give travelers unmatched options that fit their lifestyle needs,” said Sandeep Dube, Delta’s senior vice president – customer engagement & loyalty, and CEO – Delta Vacations.
- Previously: AmEx deal boosts chances for Berkshire buying Delta Air: Stifel (April 3)