We value Delta SkyMiles at 1.2 cents each, which means when you convert 40,000 Delta miles to dollars you get about $480. Delta ties its award rates pretty closely to the cash price of its tickets and demand.
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As you can see, 40,000 frequent flyer miles can be enough to book a round-trip to the mainland United States, Hawaii, or a tropical beach in the Caribbean or Mexico. It's also enough points to at least get a one-way fare to Europe or upgrade to business class.
Delta SkyMiles are worth approximately 1.3 cents each. Compared to other airline miles, such as American Airlines AAdvantage miles (worth around 1.0 cent each) and Southwest Airlines Rapid Rewards (worth around 1.5 cents each), SkyMiles are of middling value. Keep in mind that this is only an average value.
Unless the offer is really extraordinary, you're almost always better off using miles for flights. Because Delta ties the cost of award flights closely to the cash price, you might see some very high award prices when cash prices are high.
Delta SkyMiles dealsFor example, in the past, Delta has offered: Round-trip flights to Caribbean destinations starting at just 11,000 SkyMiles. Round-trip tickets to some major European cities starting at just 22,000 miles. Round-trip flights to Asia starting at just 30,000 miles.
30,000 Delta miles get you $336, on average. You can use Delta miles for plane tickets to over 300 destinations across 50 countries, seat upgrades, and SkyMiles Marketplace purchases, among other things. Depending on the route, 30,000 Delta miles may very well cover the cost of one or multiple tickets.
Flights to Hawaii from the West Coast start at 20,000 miles each way, as you can see on this trip from San Diego to Honolulu. That means you could book a round-trip flight between the West Coast and Hawaii using your entire 40,000 miles.
The lowest round-trip main cabin tickets cost 50,000 SkyMiles. But, it's easy to pay up to 90,000 SkyMiles if your travel dates are not flexible. To avoid this unpredictability, see if you can transfer your points to Virgin Atlantic. A round-trip main cabin ticket on Delta can cost 60,000 miles.
Delta SkyMiles are worth approximately 1.3 cents each. Compared to other airline miles, such as American Airlines AAdvantage miles (worth around 1.0 cent each) and Southwest Airlines Rapid Rewards (worth around 1.5 cents each), SkyMiles are of middling value. Keep in mind that this is only an average value.
With this benefit, all Delta Amex Blue, Gold, Platinum and Reserve Card Members can reduce the cost of a ticket by $50 for 5,000 miles, $100 for 10,000 miles and so on.