I’ve never mentioned the Premier Miles & More® World MasterCard® card here on the blog before. The reason is that I wasn’t that excited about it. I mean, I don’t really fly around on Lufthansa, and the normal bonus on the card (20,000 miles), wasn’t going to get me very far (you can get a round-trip in coach on United for 25,000 Lufthansa miles).
However, the sign-up bonus has temporarily increased to more than double the normal offer! Currently, if you apply for this card, you can earn 50,000 Lufthansa miles. This is a huge bonus, and it is worth a lot if you want to redeem your miles for First Class domestic flights on United. I’m writing about it now because I’m planning on getting the card myself, and I’m excited about this offer. (Note: currently this offer is not available, but keep an eye out, as it may return).
How much is it worth?
It costs 25,000 Lufthansa miles for one round-trip flight in coach (within the Continental US or Canada), so your 50,000 mile sign-up bonus would get you two economy round trips on United.
Looking at the current United award chart, here is a snapshot of round-trip flight prices in economy from San Francisco to New York for January 2015.
So if you had to buy these two flights, it would cost approximately $800.
It costs 35,000 Lufthansa miles for one round-trip flight within the continental US or Canada in First Class on United. So your 50,000 mile bonus would get you one and a half First Class flights.
This is a fantastic deal, especially because if you used United miles, it would cost 50,000 miles instead of 35,000.
Note that this will only work on United, because United First Class seats are counted as business class when you use Lufthansa miles.
Looking at the current United award chart, here is a snapshot of round-trip flight prices in First Class from San Francisco to New York for January 2015.
Yowza! I doubt that most people would pay that kind of money, but that’s what United is charging for these seats. If you wanted to pay cash for one and a half First Class flights, it would cost you between $4,000 – $5,300.
Why I decided to get this card.
Honestly, I love flying in First Class. If I can get a “miles deal” like this one (only 10,000 additional miles for a round-trip in First Class instead of coach!), I’m going to snap it up.
If Josh applied for this card as well, between the two of us, we’d have enough miles for three First Class domestic flights on United. We would use these on our next trip to Florida, New York, or DC; it would definitely make the trip a lot more comfortable, not to mention fun.
When will this offer end?
I don’t have details about how long this offer will last, so if you are interested in applying for the card, you might want to act sooner rather than later. In my opinion, the normal sign-up bonus of 20,000 miles is not that great of a deal, while this current offer is a very solid one if you want to fly in First Class.
More details about the card.
You do need to spend $5,000 on the card within the first three months in order to get the 50,000 mile bonus, and there is a $79 annual fee for the card. However, to me, this is a very good deal. I would gladly pay $79 for a flight and a half in First Class!
Here are all the other details:
- Earn 20,000 award miles after your first purchase or balance transfer
- Earn an additional 30,000 award miles when you spend $5,000 in purchases within the first 90 days of account opening
- Earn 2 award miles per $1 on ticket purchases directly from Miles & More integrated airline partners and 1 mile per $1 on all other purchases
- Cardholders receive a companion ticket after first use of the account and annually after each account anniversary
- No foreign transaction fees on purchases made outside the U.S.
- Redeem miles for flight awards and upgrades on Lufthansa, Austrian Airlines, Brussels Airlines, SWISS, Star Alliance member airlines and other partners
- $79 Annual Fee. Please see Terms and Conditions for complete details
I’m hoping that I get approved for the Premier Miles & More® World MasterCard®. I have a few doubts, because I already have two cards from Barclay (the US Airways card and the Barclaycard Arrival), and Barclay has become very picky about how many cards they approve per person. However, it is definitely worth an application for me. I’m going to apply as soon as I finish writing this post, and I will report back with the results as soon as I hear them.
Anyone else planning to get this card? How would you use the miles?