Lufthansa Miles & More World Elite Mastercard

Lufthansa Miles & More World Elite Mastercard Review

This is a 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 review will provide you with with all the details you need to make a good choice.

• 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 $3,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. Lufthansa Miles & More World Elite Mastercard has a variable purchase APR that ranges from 15.99% up to 24.99%.
• 3% Balance transfer fee. Lufthansa Miles & More World Elite Mastercard charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees. The minimum fee is $5.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as and fraud protection.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

The Good	The Bad
Potentially lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 15 months. Multiple credit card perks. No foreign transaction fee. Lufthansa Miles & More World Elite Mastercard reports to multiple credit bureaus.	Charges an annual fee of $89 Does not offer rewards or cash back. You don't earn rewards on every purchase. Charges a 3% balance transfer fee.

Does Lufthansa Miles & More World Elite Mastercard have a cash back or rewards program?

No, it does not offer a rewards program.

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

It provides the following benefits:

• 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 regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

Lufthansa Miles & More World Elite Mastercard has a variable purchase APR that ranges from 15.99% up to 24.99%. The card has a variable balance transfer APR that ranges from 15.99% up to 24.99%. It also has a variable cash advance APR of 25.24% .

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

The following fees apply:

Lufthansa Miles & More World Elite Mastercard Fees

Fees	Amount
Annual Fee	$89
Foreign Transaction Fee	0%
Returned Payment Fee	up to $39
Late Payment Fee	up to $39

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

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

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

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