Lufthansa has now written to cardholders to say that their Miles & More balance will be protected from expiry – but only until 31st December 2021.
If Lufthansa does not launch a new UK card product by the end of the year, existing cardholders with no Miles & More status will see their miles starting to expire on 31st March 2022. All miles over three years old will disappear on that date, with a new batch expiring every quarter after that.
On the face of it, this is a poor offer. Lufthansa is up with Accor in the ‘we’re going to keep expiring your points during covid, we don’t care’ stakes. Even people who wanted to spend their balance before 31st December are going to struggle.
However ….. my understanding is that it is very likely that the new Cornercard-issued Visa will launch in Summer 2021.
On this basis, cardholders should have nothing to worry about. My only concern is that anyone who is currently unemployed, on furlough or self-employed will not be accepted and will therefore see their miles expire.
Want to earn more points from credit cards? – October 2021 update
If you are looking to apply for a new credit or charge card, here are our October 2021 recommendations based on the current sign-up bonus.
The following offers will end soon:
- 10,000 Avios on British Airways American Express (ends 2nd November)
- 40,000 Avios on British Airways American Express Premium Plus (ends 2nd November)
- 60,000 points on The Platinum Card from American Express (ends 2nd November)
- 30,000 points on American Express Preferred Rewards Gold (ends 9th November)
Here are the top current deals:
British Airways American Express
10,000 Avios for signing up, no annual fee and an Economy 241 voucher for spending ….. Read our full review
British Airways American Express Premium Plus
40,000 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 – 30,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
60,000 points and an unbeatable set of travel benefits – for a fee 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 offers.
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
60,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios 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
For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending: