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Don’t use Lufthansa Miles & More miles for Tesco gift cards

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Lufthansa’s Miles & More programme has just added Tesco to its roster of gift card partners.  This allows you to cash out your Miles & More miles for a shopping voucher.

It is, however, a truly terrible deal.

Miles & More Tesco giftcard redemption

As per this page, you need 3,700 Miles & More miles to get a £10 Tesco gift card.  Given that you should be targeting 1p per mile, this is 70% worse.

It only makes sense if you have some Miles & More miles heading towards expiry due to Lufthana’s draconian policies.  The only way to stop your miles expiring after three years is to be a M&M credit card holder, which is no longer possible for new applicants in the UK.

A slightly better deal is converting your Miles & More miles into Heathrow Rewards points.  You can also use them as part-payment for a hotel room via the Lufthansa hotel portal.

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