Delta Airlines to launch SkyMiles Credit Card in Canada

UPDATED AUG 24 (See below)

We have been given a heads up that Delta Airlines will officially launch a Canadian SkyMiles Credit Card tomorrow. The card will be issued by Capital One and it is the banks first foray into the airline frequent flyer market in Canada. We have known for about two years that Delta has been interested in launching a credit card in Canada, we just did not know when it would happen and with which bank (you may remember us mentioning a few times that a major U.S. airline was looking to launch a card here).

Delta Airlines serves the most cities in Canada after Air Canada and WestJet so it is a logical place for them to launch a new credit card. It will also be the first dedicated airline card for a SkyTeam alliance airline in Canada as both Star Alliance and OneWorld already have airline specific cards in Canada.

There will be two versions of the card, the Delta SkyMiles World MasterCard and the Delta SkyMiles Gold MasterCard. What we know so far is that the World MasterCard will offer 1 SkyMile for each C$1 spent, 2 SkyMiles for every C$1 spent with Delta, a limited time 25,000 SkyMile sign up bonus, a full insurance/benefit package and more.

We will provide the full details on each card tomorrow when all the details are released.

August 24 Update:
The cards are now live on the Capital One Website:
World MasterCard
Gold MasterCard

World MasterCard details:
25,000 bonus Delta miles on your first purchase
2 Delta miles for every $1 on Delta purchases
1 Delta mile per $1 for all other net purchases
2,500 bonus Delta miles when you add an authorized user to your account
2,500 bonus Delta miles on your account anniversary – every year
Annual Fee $120, Supplementary Cards $49
Travel Emergency Medical
Trip Cancellation
Trip Interruption
Flight Delay
Baggage Loss/Delay
Travel Accident Insurance
Car Rental Collision/Loss Damage Waiver
Price Protection
Extended Warranty
Purchase Assurance
Concierge Services

Gold MasterCard Details
2,500 bonus Delta miles on your first purchase
1 Delta miles for every $1 on Delta purchases
1 Delta mile per $2 for all other net purchases
Annual Fee $0, Supplementary Cards $0
Baggage Delay
Travel Accident Insurance
Car Rental Collision/Loss Damage Waiver
Price Protection
Extended Warranty
Purchase Assurance

We will have a complete review of the World MasterCard up on Rewards Canada within a week.