Lufthansa Miles & More World Elite Mastercard

Lufthansa Miles & More World Elite Mastercard: Comprehensive Overview

The Lufthansa Miles & More World Elite Mastercard is a premier travel rewards credit card issued by Cardinal Bank. Designed for frequent travelers and Lufthansa enthusiasts, this card stands out with its exceptional rewards program and valuable perks tailored to enhance your travel experience.

Card Type

This credit card is classified as a travel rewards card, designed specifically for those who want to earn miles on their everyday purchases. Travellers can benefit from a unique rewards structure that offers exciting opportunities for redemption.

Annual Fee

The Lufthansa Miles & More World Elite Mastercard carries an annual fee of $89. While this fee may seem steep at first, the rewards and benefits can outweigh the costs for those who frequently travel with Lufthansa or its partners.

Rewards Program

This credit card features an attractive rewards program that allows cardholders to earn miles for every dollar spent. Cardholders earn:

• 2 miles for every dollar spent on Lufthansa purchases and all Star Alliance flights.
• 1 mile for every dollar spent on all other purchases.

Miles can be redeemed for award flights, upgrades, hotel stays, and shopping via the Miles & More platform, providing flexible options for how you choose to use your hard-earned miles.

Sign-Up Bonus

New cardholders can take advantage of a lucrative sign-up bonus: earn 50,000 miles after spending $3,000 in the first three months from account opening. This enticing offer can significantly boost your mileage balance, making it easier to book free flights or upgrades.

APR (Annual Percentage Rate)

The regular APR for purchases is set at 16.49% – 25.49%, depending on your creditworthiness. New applicants should take note of a 0% introductory APR on balance transfers for the first 12 months, providing an excellent opportunity to manage existing debt effectively.

Foreign Transaction Fees

The card waives foreign transaction fees, making it an excellent choice for international travelers who want to avoid additional costs while exploring new destinations. Enjoy the convenience of using your card abroad without incurring extra charges.

Balance Transfer Options

Customers can take advantage of special balance transfer offers with the Lufthansa Miles & More World Elite Mastercard, including 0% APR for the first 12 months. Please be aware of a balance transfer fee of 3% of the transaction amount thereafter.

Additional Fees

Cardholders should also be aware of several other fees associated with the card:

• Late payment fee: Up to $40.
• Cash advance fee: Greater of $10 or 5% of the amount of each cash advance.
• Returned payment fee: Up to $40.

Card Benefits and Perks

Owning the Lufthansa Miles & More World Elite Mastercard comes with several premium benefits, such as:

• Travel insurance: Coverage for trip cancellations, interruptions, and delays.
• Concierge services: Access to personalized travel assistance.
• Airport lounge access: Complimentary access to select lounges worldwide.

Customer Protections and Insurance

This card provides robust customer protections, including:

• Fraud liability: Zero liability for unauthorized transactions.
• Purchase protection: Coverage for eligible purchases against theft or damage.
• Rental car insurance: Complimentary coverage when renting a car for travel.

Eligibility and Credit Score Requirements

To qualify for the Lufthansa Miles & More World Elite Mastercard, applicants typically need a credit score of at least 700 or above. Additionally, a solid credit history may further improve the chances of approval.

Introductory Offers

The credit card does not only offer a generous sign-up bonus but also includes a 0% APR introductory period on balance transfers for the first 12 months, allowing users to transfer high-interest balances without accruing interest during the promotional period.

Special Features or Unique Selling Points

Among the many perks, one notable feature that sets the Lufthansa Miles & More World Elite Mastercard apart is its ability to offer free companion ticket eligibility after cardholders reach certain spending thresholds, enhancing the travel experience significantly.

How to Apply

Applying for the Lufthansa Miles & More World Elite Mastercard is simple and convenient. You can begin the application process online by visiting the ‘>Apply Here today!

For more financial insights and credit card tips, visit UpCube.net.