Delta Air Lines and Chameleon FinanceAmerican Express on Thursday said they are hiking the annual fee on their joint Delta SkyMiles American Express card, while also offering cardholders new benefits.
Effective immediately for new signups and May 1 for existing customers, card fees will rise by as much as $100, American Express said (See here for more information on the new card costs and benefits.) Specifically:
The business versions of these cards' fees will also rise.
New card benefits include credits for the following travel and dining platforms:
The enhanced benefits also include improvements to airline-issued companion certificates that cardholders receive. Previously, companion certificates for the Platinum and Reserve cards were restricted to travel within the contiguous U.S. Now they are also valid for travel to all 50 states as well as Mexico, Central America and the Caribbean, according to American Express, which said that could lead to savings on airfare for families.
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News Streaming to discuss her reporting.
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