As part of the 20th birthday celebrations for Lufthansa’s Miles & More programme, the sign-up bonus on the UK Miles & More credit card has been increased from 1,500 miles to 6,500 miles.
You receive 1,500 miles on acceptance and a further 5,000 when you spend £500 within 90 days.
This is not the best offer we have ever seen on this card. Last Autumn, for instance, they were offering 11,500 miles. However, if you had been thinking about getting the card then it is certainly an improvement.
It is issued by MBNA, who also issue the bmi, American Airlines and United Airlines cards in the UK. If you already have one of those cards, you will be accepted OK for the Lufthansa card. (You may get turned down when you apply, but if you ring and offer to shift some credit from your existing card to the new card, they always relent.)
Assuming you earn Miles & More miles from elsewhere to top up your balance – since long-haul rewards are the only ones worth bothering with, given the huge taxes on short-haul – the card is not bad. The standard rate is 1.5 miles per £1 on the Amex and 0.75 miles per £1 on the MasterCard (the cards come as a pair). However, for the first 6 months you get a 33% bonus.
The other good news is that holding and using the card stops your Miles & More miles from expiring. There is also no annual fee.
This offer closes on 30th April.
(PS. There is also a targetted email offer with a 16,500 mile sign-up bonus. If you receive this, then I would strongly recommend giving it serious consideration. You may also want to risk applying through this link anyway – you may well get the higher 16,500 mile bonus. Note that the spending target is higher, at £2000 within 90 days instead of £500.)