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 (again) from 1,500 miles to 6,500 miles.
This is the second time this year that MBNA has run this promotion. This time it runs until 31st August.
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, Etihad, Emirates and United Airlines cards in the UK. Historically, MBNA was happy to give out multiple cards – although sometimes you needed to offer to reduce your existing credit limits first. Recently they appear to have toughened up on this stance, though.
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.
MBNA has also been known to offer 15,000 Miles & More miles in targeted postal promotions – my wife applied via this route recently. If you have a Miles & More account, check that you have agreed to receive junk mail from Miles & More partners, as that will improve your chances of being targeted with similar offers in the future.
(To see our complete list of all current credit card bonuses, click here to visit our ‘Credit Cards Update’ page or use the link in the menu bar at the top of the page.)