American Express and Delta Extend Partnership

American Express and Delta Air Lines announced a multiyear extension of their exclusive co-brand Credit Card. The deal includes continuation of Delta as a Card-accepting merchant and as a participant in the Membership Rewards program from American Express. In addition, Platinum Card Members from American Express and Delta Reserve Card Members can continue to enjoy access to the Delta Sky Club, their network of proprietary airport lounges.

Also as part of this extension, a previously announced annual limit on point transfers from the Membership Rewards program from American Express to the Delta SkyMiles program will not be implemented. This allows Card Members to transfer Membership Rewards points to the SkyMiles program, without being subject to an annual transfer limit.

Since 1996, the companies have offered a portfolio of co-branded Credit Cards where Card Members with eligible Delta SkyMiles® Credit Card products can earn Delta SkyMiles® and receive other Delta-related benefits including free checked bags, priority boarding and airport lounge access. The partnership is designed to deliver additional value to customers of Delta and American Express and generate attractive economics over time to shareholders of both companies.

“We’re very pleased to extend our strategic partnership with Delta in a way that will deliver compelling value to our mutual customers and help to ensure that Card Members get more with Membership,” said Josh Silverman, President of Consumer Products & Services at American Express.

“Delta’s extended agreement with American Express not only means that we will continue to offer the industry-leading products and services customers have come to enjoy, but also that we will jointly develop innovative new programs that provide access to more of the things they value most,” said Glen Hauenstein, Delta’s Chief Revenue Officer.

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