Lufthansa only halting miles expiry for credit card holders until 31st December

As we covered here, the current Lufthansa Miles & More Global Traveller payment cards are closing on 4th April.

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.

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Want to earn more points from credit cards? – April 2024 update

If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.

In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.

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:

SPECIAL OFFER: Until 12th May 2024, the Capital on Tap Business Rewards Visa card is offering a bonus of 30,000 points, convertible into 30,000 Avios. You must have a Limited Company to apply. Click here to learn more and click here to apply.

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.