Delta SkyMiles Reserve vs Platinum (Schwab)
Delta SkyMiles Reserve
$650/yr
5.5/10
VS
Platinum (Schwab)
$895/yr
5.5/10
Quick Answer
Delta SkyMiles Reserve charges $650/yr with 1X base rewards. Platinum (Schwab) charges $895/yr with 1X base rewards. Delta SkyMiles Reserve offers better overall value for most spenders when comparing fees, rewards, and benefits side by side.
Apply for Delta SkyMiles Reserve →
PointsPick may earn a commission. Disclosure
Apply for Platinum (Schwab) →
PointsPick may earn a commission. Disclosure
Winner by Category
Annual Fees
Delta SkyMiles Reserve
Lower annual fee ($650 vs $895)
Rewards Earning
Delta SkyMiles Reserve
3 earning categories
Benefits & Protection
See card details
Visit each card's review for full benefits list
Statement Credits
Platinum (Schwab)
$1439 in annual credits
Flexibility
Tie
Both cards have similar redemption flexibility
OUR PICK
Delta SkyMiles Reserve wins for most people
The $245 fee difference is hard to justify unless you maximize premium benefits.
Apply for Delta SkyMiles ReservePREMIUM PICK
Platinum (Schwab) wins for heavy spenders
If you can offset the higher fee with credits and perks, this card delivers more value.
Apply for Platinum (Schwab)Rewards Earning: Detailed Comparison
Delta SkyMiles Reserve
| Delta purchases | 3.0X |
| Everything else | 1.0X |
| 15% off award travel | 1.5X |
Platinum (Schwab)
| Flights (Amex Travel) | 5.0X |
| Hotels (Amex Travel) | 5.0X |
| Everything else | 1.0X |