Lufthansa Miles & More World Elite Mastercard Review

Lufthansa Miles & More World Elite Mastercard is a rewards credit card issued by Barclays Bank. If you're wondering whether Lufthansa Miles & More World Elite Mastercard is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 15 months, which is longer than the average 0% APR period of 12 months.
• Signup bonus. Offers a signup bonus of 50000 points after spending $5,000 that can be redeemed for travel, gifts, or other perks.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.49% up to 26.49%.
• 3% Balance transfer fee. Lufthansa Miles & More World Elite Mastercard charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $5.
• $0 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, price protection, travel accident insurance, travel assistance, trip cancellation insurance, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 680.

Lufthansa Miles & More World Elite Mastercard Pros and Cons:

The Good

The Bad

0% APR balance transfer intro rate on balance transfers for up to 15 months. Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty and price protection on purchases. Travel accident and travel assistance insurance. Trip cancellation insurance. No foreign transaction fee. Cardholders can earn rewards on every purchase. Earn rewards on every purchase. Lufthansa Miles & More World Elite Mastercard reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.

Higher than average purchase APRs. Requires good to excellent credit. Charges an annual fee of $89 Charges a 3% balance transfer fee.

Is there a Lufthansa Miles & More World Elite Mastercard cash back or rewards program?

Lufthansa Miles & More World Elite Mastercard offers a rewards program to its customers.

Lufthansa Miles & More World Elite Mastercard Rewards

Rewards rate (all purchases)	1%
Max rewards rate	2%
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus (Points/Miles)	50000
Signup Bonus Spend Requirement	$5000

What are the Lufthansa Miles & More World Elite Mastercard benefits?

Lufthansa Miles & More World Elite Mastercard provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Trip Cancellation Insurance
• Zero fraud liability
• Price Protection
• Travel Accident Insurance
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Lufthansa Miles & More World Elite Mastercard?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Lufthansa Miles & More World Elite Mastercard has higher than average purchase APRs.

Lufthansa Miles & More World Elite Mastercard has a variable purchase APR that ranges from 17.49% up to 26.49%. The card has a variable balance transfer APR that ranges from 17.49% up to 26.49%. It also has a variable cash advance APR starting at 26.74% .

What are the fees for Lufthansa Miles & More World Elite Mastercard?

The following fees apply to Lufthansa Miles & More World Elite Mastercard:

Lufthansa Miles & More World Elite Mastercard Fees

Fees	Amount
Annual Fee	$89
Foreign Transaction Fee	0%
Returned Payment Fee	$37
Late Payment Fee	$37

Does Lufthansa Miles & More World Elite Mastercard report your account activity to credit bureaus?

Lufthansa Miles & More World Elite Mastercard reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion
• Innovis

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Lufthansa Miles & More World Elite Mastercard

• Visit the Lufthansa Miles & More World Elite Mastercard website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.