Barclays has increased the offer on the Lufthsansa Miles & MIle credit card to what I believe is an all-time high: Now get up to 75,000 bonus miles, though that will require significant spend in the first year. Still, Miles & More can be quite valuable points (you can sometimes fly round trip between the US and Europe for just 55K miles, so this offer could certainly be worth it.
To learn more about this card and find an application link, click the card name below to go to our dedicated page for the Lufthansa Miles & More card.
Key Card Details
Again, this offer could be terrific in the sense that Miles & More runs monthly deals like Flying Blue. However, Miles & More deals can be a much stronger value for premium cabins — offering chances to fly round trip to Europe from 55K miles at times. In fact, right now, they are running just such a Mileage Bargain from Chicago or Washington, DC.
However, and that’s a bold “however”, it was announced a few months ago that Miles & More intends to go to dynamic pricing. There has been no timetable announced and I would expect that we’ll have some notice before they make the change, but I have no idea how much. Collecting Miles & More miles is a bit of a gamble at the moment. That said, it might be a worthwhile gamble in the short-term if you’re able to meet the spend (and I have some ideas as to how you could) and take advantage of Mileage Bargains while you can.
On the other hand, Miles & More is a pretty niche program since it does not partner with any of the major transferable currencies, making the credit card your main method of topping off your miles. That could be slow going at 1x unless you are a heavy spender.