Capital One Delta SkyMiles World MasterCard
The newest travel rewards credit card to be out in Canada is the Delta SkyMiles World MasterCard from Capital One. Delta has been planning to offer the credit card in Canada in the previous years. Preliminary reports had BMO being the card partner however everyone is aware now that Capital One is the banking partner for Delta. It is chiefly for those existing SkyMiles members in Canada although Capital One and Delta are also finding ways to potentially shift a number of people away from other frequent flyer programs in Canada with what they are offering.
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Overview of Delta SkyMiles World MasterCard
With the Delta SkyMiles World MasterCard from Capital One, it comes with an exceptional insurance and benefit package that is comparable to Capital One's Aspire World MasterCard. The card features an excellent earnings ratio that go with other airline cards similar to TD's American AAdvantage Visa and RBC's British Airways and Cathay Pacific Visas in that you exactly obtain double miles when you book with the airline. It has a respectable sign up bonus, and even provides a bonus mile for adding a supplementary card.
The Costs of the Credit Card
The Delta SkyMiles World MasterCard from Capital One comes with a usual $120 primary card annual fee that you will come across on nearly all premium cards that offer comparable rewards and benefits. The card gives a 25,000 SkyMiles welcome bonus which is corresponding to a free flight in North America. Depending on time, season and availability, the sign up offer could be worth upwards of $500-$600 in equivalent flight costs. Supplementary cards are $49 which is approximately the same as several of the card's competitors. The interest rate on the card is 19.8% placing it right in the middle of the pack of competitors.
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What You will Earn with the Credit Card?
The Delta SkyMiles World MasterCard from Capital One earns 2 SkyMiles for each dollar spent on the card for purchases made with Delta Airlines. For every single other purchases the card earns 1 Sky Mile per dollar spent. The card features a nice 2,500 mile bonus for each year you renew the card and 2,500 bonus SkyMiles for the first supplementary card.
Redeeming Rewards
The SkyMiles earned with the Delta SkyMiles World MasterCard from Capital One can be redeemed for flights on Delta Airlines and 23 of Delta's partner airlines or for hotel stays, car rentals, shopping, and more via the SkyMiles Marketplace. For flights, redemptions start at 25,000 SkyMiles for a low season round trip economy class ticket within North America and go up to 370,000 SkyMiles for a high season round trip ticket in Business or First Class to Asia, Africa, India or the Southwest Pacific. Similar to all frequent flyer programs, taxes and fees are extra however with Delta they tend to be less then what is charged on Air Canada Aeroplan redemptions.
Features and Benefits of the Card
The card features your standard travel accident, baggage and car rental insurance that are found on almost all fee based rewards cards. These include Trip cancellation which is only offered as a standard feature on five other travel rewards cards and Travel Medical insurance which only comes standard on about 50% of the cards in the market. The card also comes with a price protection guarantee. This feature is similar to the price protection guarantees offered by large retailers, if you find a lower price on something you bought with the Delta SkyMiles World MasterCard within 60 days, Capital One will reimburse you the difference in price, up to $100 per item and $500 per calendar year. Up to this point, this feature has only been seen on cards from Citibank Canada.
What is Excellent about the Card?
For the loyal Delta or SkyMiles traveler or frequent flyer, this card is a perfect fit to add many more miles to their SkyMiles account. The sign up bonus of 25,000 miles is higher than most other airline cards in Canada and the yearly renewal bonus of 2,500 miles is a nice bonus. The ability to redeem for business or first class seats at a good rate of return is always a plus feature to card like this. The airlines partnered with Delta, in particular the SkyTeam airlines, means you don't always have to transit the U.S. on your reward flights as some partners fly directly from Canada to Asia and Europe. Add the whole host of insurance and benefits including the trip cancellation and price protection guarantee and you have a decent offering for an airline credit card.
See Also
Best Credit Cards Canada
Best Balance Transfer Credit Cards Canada
Best Cash Back Credit Cards Canada
Best Capital One Credit Cards Canada
Best MasterCard Credit Cards Canada
Best MBNA Credit Cards Canada
Best Visa Credit Cards Canada
Best Secured Credit Cards Canada
Travel Credit Cards Canada
External Links
Capital One Card Lab
Creditcards.com
Ehow.com-Redeem Miles
