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.
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 points from credit cards? – January 2021 update
If you are looking to apply for a new credit or charge card, here are our January 2021 recommendations based on the current sign-up bonus.
British Airways American Express
5,000 Avios for signing up, no annual fee and a companion voucher for spending £20,000 Read our full review
British Airways American Express Premium Plus
25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
30,000 points and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus and the most generous non-Amex for day to day spending Read our full review
Earning miles and points from small business cards
If you are a sole trader or run a small company, you may also want to check out these:
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
British Airways Accelerating Business American Express
Earn both Avios and BA On Business points with your business spending Read our full review
Capital On Tap Business Rewards Visa
The most generous Avios Visa or Mastercard for a limited company Read our full review
Disclaimer: Head for Points is a journalistic website. Nothing here should be construed as financial advice, and it is your own responsibility to ensure that any product is right for your circumstances. Recommendations are based primarily on the ability to earn miles and points and do not consider interest rates, service levels or any impact on your credit history. By recommending credit cards on this site, I am – technically – acting as a credit broker. Robert Burgess, trading as Head for Points, is regulated and authorised by the Financial Conduct Authority to act as a credit broker.