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MBNA announces the closure of the UK Lufthansa Miles & More credit cards

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MBNA has sent letters to the holders of its Lufthansa Miles & More card, including myself, saying that the cards will close on 28th July.

We will all receive the pretty decent Horizon Visa card which I reviewed here.

I will run an article tomorrow on alternatives to the Miles & More card.  However, even if you start to collect Miles & More miles via an indirect credit card route, it will not stop your miles from expiring.

Miles & More miles have a hard 3-year expiry – no exceptions – unless you have status or have a Miles & More credit card.

Miles and More credit cards to close

Two things could happen now:

Miles & More IMMEDIATELY (well, at the end of September which would be the first quarter-end following a month with no credit card miles going in) deletes all miles over three years old from your Miles & More account, or

A three year clock now starts after which your miles will start to disappear

We will, apparently, receive a separate letter from Lufthansa about what will happen.  I am worried that the first option is the one that will apply but hopefully they won’t be that silly.  I will see if I can get any news out of Miles & More although I am not very well connected there.

(Want to earn more miles and points from credit cards?  Click here to visit our dedicated airline and hotel travel credit cards page or use the ‘Credit Cards Update’ link in the menu bar at the top of the page.)