IHG Rewards Club stops Lufthansa Miles & More points transfers – why?
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IHG Rewards Club has stopped the transfer of points to Lufthansa Miles & More.
The scheme has, indeed, disappeared from the list of IHG airline partners here.
The transfer rate was not great at 5:1. I value an IHG point at 0.4p so you were effectively ‘paying’ 2p per airline mile. However, with Miles & More miles relatively tricky to pick up – Miles & More does not sell miles, for example – hotel transfers were an easy way of topping off your account if you were a few thousand short for a redemption.
It isn’t clear what is behind this move – hopefully things will become clear over the next few days.
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