Amex No Longer Capping MR Transfers to Delta at 250k/yr.
In case you’re feverishly working at transferring out your MR to Delta Skymiles before January 1, I wanted to update you to the fact that there won’t be a need to do so. Amex just announced that there won’t be a cap next year, contrary to what was widely reported last month.
The email is short and sweet–:we said that there would be a cap on transferring MR to Skymiles; there will be no cap. That is all.” I wish there was more detail into the business behind it all, but instead we’re left to speculate.
Pure conjecture on my part, but it looks as if Delta blinked here; They pushed a limit of 250,000 MR transferring into Skymiles and either due to arm wrangling by Amex, or some other legal issue they’re unable to make the 250,000 cap stick.
I don’t think very many people are going to be bumping into this cap, so a third option is that it just isn’t going to be a huge deal. The number of people who currently transfer 250k MR to Delta is probably very near 0. I do think that number could increase substantially next year, but still not to a level where it becomes “the norm.”
I’m still holding onto my Delta earning debit card; if the come for that I’ll openly weep. 🙁