The Miles & More® World Elite Mastercard® offers 50,000 award miles after spending $3,000 in purchases and paying the annual fee, both within the first 90 days. We value these points to be worth around $700. See our reviews for more airline cards such as the British Airways Visa Signature® Card.
Miles & More is an airline loyalty program which includes Lufthansa, Austrian Airlines, Brussels Airlines, LOT Polish Airlines, SWISS and more. As such, the co-branded Mastercard is great for travelers who occasionally fly with Lufthansa and its partner airlines.
You’ll easily cover the annual fee if you take full advantage of its generous perks and flexible rewards structure. Like double miles on Miles & More ticket purchases, a complimentary companion ticket every year and 2 free passes to the Lufthansa Business Lounge annually.
If you don’t fly every once in awhile with Miles & More airlines, then you’d be better off with another airline-branded card or a general travel rewards card.
*The Miles & More credit card is issued by Barclays. Barclays also offers great sign-up bonuses for its Checking/Savings accounts.
Miles & More Card 50,000 Bonus Miles Offer
Take advantage of the Miles & More credit card’s introductory offer: 50,000 bonus miles. My valuation puts these points at around $700 in value (more on that below).
To qualify for 50,000 award miles, spend $3,000 in purchases and paying the annual fee, both within the first 90 days.
Here are some ideas on meeting the spending requirement.
What Are Miles & More Miles Worth?
Like many other airline-branded credit cards, your miles’ worth depends on how you use them. On average, a Miles & More mile is worth $0.014. Using this figure, 50,000 miles have an approximate $700 value.
You can use your Miles & More miles towards:
- Flights with all Star Alliance and other Miles & More airline partners
- Upgrades with many Star Alliance partners
- Accommodation at hotels and resorts
- Car rentals
The best way to use your Miles & More miles is for flights with Star Alliance airlines. But please note: some airlines have high fuel surcharges on award tickets.
Miles & More Card Top Features
This feature alone is worth the card’s annual fee. Every year, you’ll get a free companion pass for Economy Class travel. The pass cannot be used in conjunction with award travel, so you’ll have to pay the full price for your airfare in order to use the companion pass.
Every year, you’ll get 2 Lufthansa Business Lounge vouchers, valued at $35 each. Lufthansa has business lounges in a few domestic airports, including Atlanta, Los Angeles, Orlando, New York and Washington D.C.
Once a year, you can convert your award miles into status miles at a 5:1 ratio. The minimum you can convert is 5,000 miles and the maximum is 25,000.
|Award Miles||Status Miles|
Once you hit 35,000 status miles, you earn Frequent Traveler status, which comes with travel perks like:
- Complimentary Business Lounge entry
- Accelerated mile earnings
- Access to an exclusive customer service hotline
Each year, get a 15% discount code toward hotel stay and car rental awards. The minimum amount of miles required to apply the full 15% discount is 8,824 miles (7,500 miles after discount).
Make purchases abroad without worrying about foreign transaction fees with the Miles & More credit card.
If you can take advantage of the card’s valuable perks, you’ll more than cover the annual cost of the Miles & More World Elite Mastercard. The miles can be used with a many different carriers, so they’re relatively flexible.
But it won’t make sense to get the Miles & More card if you don’t think you’ll use all its features. If that’s the case, consider another airline card or a general travel rewards card.
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