Delta SkyMiles® Reserve American Express Card: annual fee, APR and rewards

Fact sheet for the Delta SkyMiles® Reserve American Express Card, issued by American Express, with a $650 annual fee and miles. Every detail below comes from the issuer’s pricing and terms pages, checked on the date shown at the end of the page.

Issuer	American Express
Network	American Express
Annual fee	$650 a year
Fee waiver	$650; $175 for each Additional Card
Rewards	Miles: 3X miles on purchases made directly with Delta; 1X miles on other eligible purchases
Purchase APR	19.74% to 28.74%, based on your creditworthiness and other factors as determined at the time of account opening (variable, Prime Rate)
Sign-up bonus	Earn 50,000 Bonus Miles + 2 Delta Comfort Flight Certificates after you make $10,000 in eligible purchases within your first 6 months of Card Membership
Foreign transaction fee	None
Credit level	Excellent (tiers the issuer reports to the CFPB)

What new cardholders actually got

In the CFPB's Terms of Credit Card Plans survey for July to December 2025, new accounts on this card got a median purchase APR of 26.99%, with a range of 19.49% to 29.24%. The advertised range above is what the issuer offers today; the survey shows where approved applicants landed.

Source: Consumer Financial Protection Bureau, Terms of Credit Card Plans survey.