Barclays Lufthansa Miles and More MasterCard provides rewards that focus on travel. For frequent flyers, the card certainly comes with a variety of benefits and perks, but only by reading the fine print can you determine whether the card will be beneficial to you – whether you’re an avid traveler or not. Make sure you know what you’re getting into before you sign on that dotted line – with this card, you may not be getting the perks you were looking for, especially if you don’t leave home often.
Barclays Lufthansa Miles and More MasterCard Benefits
One of the perks of Barlcays Lufthansa Miles and More MasterCard is that cardholders receive up to 15,000 award miles from the get-go. This benefit is broken down into several travel award miles categories. However, as with many of the pros attached to any credit card offer, such offers come with some cons.
Barclays offers a Miles and More Premier MasterCard, a Miles and More World MasterCard, and the Miles and More Platinum MasterCard. We’re talking about the Barclays Lufthansa Miles and More MasterCard here. In order to be eligible for an initial 15,000 reward miles bonus with your first qualifying purchase or balance transfer, you must have already paid the annual fee ($59) and made an eligible purchase or balance transfer on the account.
Cardholders who obtain Barclays Lufthansa Miles and More Premier MasterCard receive two award miles for every dollar spent on tickets purchased from the Miles and More integrated list of airline partners and one award mile per every dollar spent on purchases. Check out that list on the Barclays website and make sure you match your card with their respective rewards. Those who are approved for the Miles and More World MasterCard do not receive the two-dollar offer, but the one dollar award mile for every dollar spent on ticket purchases, and one award mile for every dollar spent on other purchases.
In addition to the initial 15,000 award miles, new cardholders can be eligible for additional award miles if you make a balance transfer within 30 days of opening your account. Following that, you are able to earn award miles for every one dollar that you spend on tickets that you purchase directly from the Barclays Lufthansa Miles and More MasterCard list of airline partners. After that, you can earn one award mile for every dollar you spend on other purchases.
Other rewards associated with Barclays Lufthansa Miles and More MasterCard include your ability to redeem miles from a wide variety of airline carriers and their partners. Upgrades are also available, as are complementary companion tickets, again as long as terms and conditions are met. We’ll talk about those in a moment.
Do you happen to be a senator, or an HON Circle member? If you are, your annual card fee will be waived.
Finally, the Barclays Lufthansa Miles and More MasterCard credit card offers a 0% introductory APR on balance transfers and purchases during the first year of your account opening. After that year has expired, expect a 15.99% to 24.99% APR, based on your credit history and credit worthiness.
Redeeming Your Miles
Barclays Lufthansa Miles and More MasterCard focuses on earning miles, and redeeming miles for round trip flights is relatively easy. Round-trip flights flight to destinations that include the domestic United States, South America, the Caribbean and Central America destinations, as well as major European destinations, are available, as are destinations in the Middle East, Africa, India, Asia and Australia, depending on your mileage accrual.
You may redeem miles for airline tickets in economy class among Star Alliance member airlines, and you will be responsible for paying any taxes and fees that are not included in such rewards. Some carrier charges, fees and taxes may reach $1,000, so check carefully and read the terms and conditions of the Barclays Lufthansa Miles and More MasterCard program carefully!
Categories in which cardholders can earn miles range beyond flights, and include hotels, car rentals, shopping, telecommunications and electronics, and more. In 2014, Avis will be offering three miles for every Euro spent throughout the year. Mileage bargains, hotel and car rewards and mileage bargains are also available to cardholders who belong to the Barclays Lufthansa Miles and More MasterCard program.
How many points do you have to earn to redeem round-trip flights? Following is a brief list. For more detailed list of required miles for redemption, visit the Barclays Lufthansa Miles and More MasterCard website.
- 25,000 miles will get you a round-trip flight award to domestic U.S. destinations
- 40,000 miles will get you to Hawaii
- 60,000 miles will take you to South America
- 80,000 miles will take you to Asia
Let’s Talk about Terms and Conditions
Terms and conditions for the Barclays Lufthansa Miles and More MasterCard credit card apply to all the Miles and More cards offered by Barclays. New credit card holders are offered 0% introductory APR for the first year following the opening of the account. Following the close of the first year, APR will range between 15.99% and 24.99%, depending on your credit history and credit worthiness.
New cardholders also enjoy a 0% introductory APR for balance transfers, but after the first year, balance transfer rates, like the annual percentage rate, will range between 15.99% and 24.99%.
Cash advances for these cards averages 25.24%, and penalty APRs may increase to 27.24%. Remember that if you make a late payment, your introductory 0% APR may disappear, and penalty APR is of 27.24% may remain on your account indefinitely.
Transaction fees also apply to the Miles and More MasterCard. Balance transfer fees are $10 or 4% of the amount of every transfer, whichever is larger, although during the first 12 months, you’ll pay $10 or 3%. The $10 or 5% fee is also applied to cash advances, but foreign transactions do not accrue any transaction fees.
Be prepared to pay a fee of $35 for a late payment, and the same goes for returned payments. You will not be charged if you go over your credit line. Check out the terms for the Barclays Lufthansa Miles and More card on the website to see what we mean.
Barclays Lufthansa Miles and More MasterCard credit card is more suited to frequent travelers rather than occasional travelers. While the annual membership fee isn’t outrageous, the card doesn’t offer many benefits that would attract a non-traveler.