Miles & More World Elite Mastercard review | finder.com

Miles & More® World Elite Mastercard® review

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Miles & More® World Elite Mastercard®

Great card if you fly regularly with Lufthansa and other qualifying airlines.

  • Get this card if you fly often with Miles & More carriers or can take advantage of the annual companion ticket.
  • Pick something else if you want more general travel rewards.
  • Apply with a good to excellent credit score of 670 or higher.
Product NameMiles & More® World Elite Mastercard®
Card TypeMastercard
Annual Fee$89
APR (Annual Percentage Rate) for Purchases18.24% to 27.24% variable
Introductory Purchase APR

N/A

Balance Transfer APR18.24% to 27.24% variable
Introductory Balance Transfer APR 0% for the first fifteen billing cycles (then 18.24% to 27.24% variable)
Balance Transfer Fee$5 or 3% of the transaction, whichever is greater
Cash Advance Rate27.49% variable
Foreign Transaction FeeNone
Cash Advance Fee$10 or 5% of the cash advance amount, whichever is greater
Interest Free PeriodUp to 23 days
Late Payment FeeUp to $37
Returned Payment FeeUp to $37
Additional Cardholder Fee$0
Minimum Age18 years of age
Welcome OfferEarn 20,000 bonus miles when you make an initial purchase and payment of the annual fee, then earn an additional 30,000 award miles after you make $5,000 in purchases in the first 90 days.
RewardsEarn 2x miles on ticket purchases directly from Miles & More integrated airline partners. Earn 1x miles on all other purchases.
Base Rewards1x miles
Rewards Points ExpirationNever

The basics

You’ll get the most from the Miles & More® World Elite Mastercard® if you fly frequently with Lufthansa, SWISS, Brussels Airlines, Austrian Airlines and other partnered carriers, which can earn you elevated rewards. If you fly with other airline or are looking for travel perks, you might get more out of a general travel card or another airline card.

A airline-branded card may have more carrier-specific perks like priority boarding and free checked luggage. However, this card provides you an annual companion ticket and annual business lounge vouchers, which help offset the card’s annual fee.

Another airline credit card

Gold Delta SkyMiles® Credit Card from American Express

  • Earn 30,000 bonus miles after spending $1,000 in purchases on your new card in your first 3 months and a $50 statement credit after you make a Delta purchase with your new card within your first 3 months.
  • Earn 2 miles on every dollar spent on purchases made directly with Delta. Earn 1 mile for every eligible dollar spent on purchases.
  • Check your first bag free on Delta flights - that's a savings of up to $200 per round trip for a family of four.
  • Want even more flexibility? Pay with Miles is a card member feature that gives you the option to redeem miles for all or part of the price of your tickets on Delta.com.
  • Settle into your seat sooner with priority boarding.
  • Enjoy a $0 introductory annual fee for the first year, then $95.
  • Terms apply.
Read less
Read more
See Rates & Fees
Promoted

The perks

  • Signup bonus: Up to 50,000 award miles.

    After making your first purchase and paying the annual fee, you earn 20,000 award miles. But that’s not all — when you spend $5,000 within the first 90 days of card membership you earn an additional 30,000 award miles.

    This is a high spending requirement compared to other cards, so consider whether you can reach it before the bonus window expires.

Is 50,000 miles a good haul?

For many flyers, 50,000 miles is a strong bonus. To give you a sense of how far your miles will go, consider these costs for round-trip flights on Lufthansa.
  • North America to North America: 30,000 miles
  • North America to South America: 60,000 miles
  • North America to Central Asia: 80,000 miles

Typically, Miles & More miles are worth around 1.4 cents apiece. One cent per mile is the industry average for travel rewards.

  • Rewards: Earn miles on all purchases, and more on tickets from Miles & More airline partners.
    When you buy tickets from Miles & More airline partners, you’ll earn 2x miles. On all other purchases, you’ll earn 1x miles.

    Redeem your miles for flights and upgrades on Lufthansa, SWISS, Brussels Airlines, Austrian Airlines, Star Alliance carriers and more.

Which Miles & More airline partners will you earn elevated rewards with?

You’ll earn 2x miles when you use your card to buy tickets from:

  • Adria Airways
  • AirDolomiti
  • Austrian Airlines Group
  • Brussels Airlines
  • Croatia Airlines
  • LOT Polish Airlines
  • Lufthansa
  • Lufthansa Regional
  • Lufthansa Private Jet
  • Luxair
  • SWISS
  • Annual companion ticket.
    You’ll receive a companion ticket for an Economy Class flight annually. Use it for travel from the US to the Middle East, Africa, Europe and East Asia. To make a reservation, call the Miles & More Companion Ticket Service line.
  • Intro balance transfer APR.
    You’ll receive 0% APR for 15 billing cycles on balance transfers that post within the first 45 days of card membership. After that, your APR will be 17.74% or 26.74% variable depending on your credit.

    This is a strong intro APR, as 0% intro APR periods tend to top off at around 21 months. However, this card doesn’t include an intro APR on purchases.

  • Annual Business Lounge vouchers.
    Every year, you’ll earn two vouchers for complimentary access to the Lufthansa Business Lounge. Typically, a pass costs $35.

Lufthansa Business Lounge-London Heathrow Airport

The Lufthansa Business Lounge at London Heathrow Airport.

You’ll also like …

  • Discounts at Miles & More Hotel and Car Awards.
    After you make your first purchase, you’ll receive a 15% discount code in your Miles & More account. Apply it when you use miles to book a hotel or car rental through the Miles & More site. For example, you can expect an award hotel booking of 50,000 miles to cost 42,500 miles instead.

    Though a discount is always welcome, award rates on the Miles & More website might be more expensive than USD rates. For example, a $399 regular-rate room at the Courtyard by Marriott in Manhattan or Midtown East might cost 47,275 miles. At the industry average of 1 mile = 1 cent, those miles are worth about $472.

  • Use award miles for status miles.
    Once each calendar year, you can convert award miles you’ve earned into status miles. You’re allowed to convert between 5,000 and 25,000 award miles at a 5 to 1 ratio. At that rate, 25,000 award miles becomes 5,000 status miles.

    It’s a good idea to use this benefit as a slight boost if you need a few more status miles and not as your primary means of reaching higher status tiers. To reach the Frequent Traveler tier, you’ll need 35,000 status miles. And to reach the Senator tier, you’ll need 100,000 status miles.

  • No foreign transaction fees.
    Use your card internationally and on foreign websites without worrying about a transaction fee. However, you can find this perk with most travel cards.

What to watch out for

  • Annual fee.
    The Miles & More® World Elite Mastercard® comes with an $89 annual fee. That’s on par with mid-tier travel cards, but consider whether you’ll get sufficient value from the card to make the annual fee worth it. You can find many solid no-annual-fee travel cards.
  • Potentially high APR.
    Depending on your credit, you could have a normal purchase and balance transfer variable APR as high as 18.24% or 27.24% variable. The better your credit score, the more likely it is you’ll qualify for the lower APR.

Consider other cards if …

Compare The Platinum Card® from American Express vs. Chase Sapphire Reserve®

Compare travel rewards cards

Name Product Welcome Offer Rewards Annual Fee
50,000 points after spending $4,000 in the first 3 months
2x points on travel and dining. 1x points on all other purchases
$0 annual fee for the first year ($95 thereafter)
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months.
50,000 points after spending $4,000 in the first 3 months
3x points on dining and travel after earning your $300 travel credit. 1x points on all other purchases
$450
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months.
30,000 miles after spending $1,000 in the first 3 months and a $50 statement credit after you make a Delta purchase in the first 3 months
2x miles on Delta purchases and 1x miles on all other purchases
$0 annual fee for the first year ($95 thereafter)
30,000 bonus miles after you use your new card to make $1,000 on purchases within the first 3 months. Rates & Fees
75,000 points after spending $1,000 in the first 3 months
7x points on direct purchases within the Hilton Honors portfolio. 5x points at US restaurants, US supermarkets and US gas stations. 3x points on all other purchases
$0
Earn 75,000 Hilton Honors™ Bonus Points after you spend $1,000 in purchases on the card within your first 3 months of card membership. Rates & Fees
35,000 points after spending $2,000 in the first 3 months
3x points on airfare booked directly with airlines; 4x points at US restaurants; 4x points at US supermarkets on up to $25,000 per year in purchases (then 1x points)
$250
35,000 bonus Membership Rewards® Points when you spend $2,000 in the first 3 months Rates & Fees

Compare up to 4 providers

How does a balance transfer work with this card?

What should I know before I apply?

To apply for the Miles & More® World Elite Mastercard®, you must be at least 18 years old and a US resident. However, if you live in Iowa, Puerto Rico or a US territory, you’re not eligible.

Information you’ll need

  • Full name and contact information.
  • Residential status.
  • Annual income and employment information.
  • Social Security number, date of birth and mother’s maiden name.

What credit score do I need?

If you have a good to excellent credit score of 670 or higher, you’ll have better odds of approval. For the lower APR, you’ll want to apply with a credit score on the higher end.

What do customers say about the Miles & More® World Elite Mastercard®?

Some customers say they’ve had difficulty using their companion tickets because of fare restrictions and high fees.

Barclays Bank has been accredited by the Better Business Bureau (BBB) since 2001. It currently has an A+ rating from the agency. As of this writing, its profile has over 1,100 customer complaints. Some customers reported on the BBB website that they’ve had trouble processing disputes with Barclays. Others say they’ve experienced unexpected account closures.

How to apply for the Miles & More® World Elite Mastercard®

  1. Go to Barclaycard’s Miles & More® World Elite Mastercard® website and click Apply now.
  2. Complete the application with details like your name, contact information, employment information and Social Security number.
  3. Review your application. When you’ve verified your information is correct, click Apply to submit your application.

How long will it take to be approved?

Typically, you’ll receive an immediate decision on your application. In rare cases, you may need to wait a few business days to a few weeks until Barclaycard manually approves your application.

If you’re approved, expect your card in the mail within seven to 10 days.

I got the card. Now what?

  • Make timely payments. Pay your bill online at the Barclaycard website, where you can also enroll in autopay.
  • Avoid interest. After the close of each billing cycle, you have a grace period of 23 days to pay your balance. Doing so will save you from paying interest on your purchases.
  • Avoid fees. Late and returned payments come with hefty fees of up to $37. Balance transfers and cash advances also come with fees.
  • Customer service. If you have questions, contact Barclaycard customer service at 866-928-8598.

Bottom line

The Miles & More® World Elite Mastercard® costs $89 a year, but it might be worth paying for if you’re a frequent customer or you can take advantage of its annual companion ticket. You’ll also earn miles you can redeem with multiple carriers.

If you don’t think you’ll get significant value from it, look for another airline card or check out a general travel card.

Frequently asked questions

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site