Is a $650 Credit Card Annual Fee Too Much? Here's Why I Think the Delta Reserve Is Worth It

Eugene Mymrin / Getty Images Despite a number of changes American Express has made to the Delta SkyMiles® Reserve American Express Card -- and its $650 annual fee (see rates and fees) -- I'm renewing my account for another year. When I applied for the Delta SkyMiles® Reserve American Express Card a few years ago, it came with unlimited visits to Delta Sky Clubs (when flying with the airline) and a lower annual fee of $550. Back then it seemed like a stellar deal since I'm a Delta Medallion elite member and fly frequently with the airline and its SkyTeam partners. Paying for Sky Club membership outright is expensive -- currently $695 -- so getting this perk through a travel credit card that also offers frequent flyer benefits is great. Now, on to the bad. Delta made some major changes to this card in the last year that I don't love. Cardmembers now only get 15 visits to Sky Clubs each year unless they spend $75,000 on their cards within a calendar year. The card's annual fee also i ... Read full article.