50,000 Miles Lufthansa Premier Miles & More MasterCard Worth It?

50,000 Lufthansa Premier Miles & More MasterCard-Worth It?

 

Update: Current Offer is for 20,000 miles with first purchase. Consider instead applying for another credit card on the Best Travel Credit Cards page.

—–Original Post——-

The Lufthansa Premier Miles & More MasterCard is offering a 50,000 miles signup bonus after $5000 in spend: . Is it worth it? Here are the offer details:

  • 20,000 Miles & More miles after first purchase
  • Additional 30,000 Miles & More miles after spending $5000 in the first 90 days
  • $79 annual fee is NOT waived
  • Earn 2 miles per dollar spent on tickets purchased directly from the Lufthansa group
  • Earn 1 mile per dollar spent on all other purchases
  • Offered by Barclaycard

 

 I've added this offer to the Best Travel Credit Cards page, second to the bottom. Here's why:

Pros

  • 50,000 miles: good as bonuses go; but Miles & More miles are also not worth as much as SPG points, Ultimate Rewards points, Membership Rewards points, United miles, or American miles
  • $5000 minimum spend over 90 daysis on the high side for a personal card, although is made easier if you have access to Vanilla Reload cards. See Tips for Meeting Minimum Spend 
  • Book roundtrip business class on United for 35,000 Lufthansa Miles & More miles
  • May book one way awards for half the miles cost of roundtrip
  • 25% discount in award miles needed for children 2-11 years old. Most airlines don't give any reduction on either revenue fares or award bookings for children 2 and older, so even this small discount is nice
  • Since it's a Barclaycard credit card it can add good issuer diversity for an app-o-rama

Cons

  • Best for the bonus; for ongoing non-Lufthansa spend, the SPG AMEX is better since you can transfer 20,000 points to 25,000 Miles & More miles 
  • High fuel surcharges on Lufthansa and other long haul Star Alliance partner flights
  • Expensive award chart: 170,000 Miles & More miles for Lufthansa First Class U.S.-Europe roundtrip, plus the high fuel surcharges, vs. 135,000 United miles and fees of ~$80 each way
  • Have to call Lufthansa to book U.S. domestic awards, one way awards, child awards
  • Miles & More miles have stringent miles expiration policies: miles expire after 36 months if not used, regardless of flight activity. Miles & More credit cardholders must have at least one purchase (that is not returned or refunded) with their Miles & More credit card each month
  • Annual fee is not waived the first year
  • Note that you could get approved for a the Lufthansa Platinum Miles & More MasterCard with only 5000 Miles & More miles as the signup bonus–if you apply, make sure you confirm which card you got approved for and the signup bonus!
  • Barclaycard tends to decline applicants who have recently applied for new credit cards; you'll have a better chance of being approved if you don't have any recent credit card applications for the past few months

The Verdict: If you're not a United elite and have a need for a domestic BusinessFirst flight, such as the Premium Service between NYC and LAX which is gradually phasing in the new United p.s. configuration of 28 business class seats. I wouldn't get too excited about the revamped product, however, given early reviews.
 
If after earning 52,500 miles from your initial spend and signup bonus you can manage to accrue another 32,500 miles you could redeem for one way Lufthansa First Class or Swiss First Class between the U.S. and Europe, although expect ~$400-$500 in fuel surcharges for the one way.
 
Do you plan to apply for the Lufthansa Premier Miles & More MasterCard? Think I should rank this card higher on the Best Travel Credit Cards page?
 
Related Posts
 
 
 
 

Need Award Booking Help? Our fee is as low as $75 per ticket if you book your hotel through us.

If you enjoyed this, join 150,000+ readers: please follow TravelSort on Twitter or  like us on Facebook to be alerted to new posts. 

Become a TravelSort Client and Book Your Hotel with Virtuoso or Four Seasons Preferred VIP Amenities!

Share This:

Leave a Reply

Be the First to Comment!

avatar