Barclays
Miles & More® World Elite Mastercard®
Key Features
| Annual Fee | $89.00 |
| Intro APR | 0% introductory APR for the first fifteen billing cycles following each balance transfer that posts to your account within 45 days of account opening. |
| Regular APR | APR for purchases 19.49% to 29.49%, based on your creditworthiness and other factors. This APR will vary with the market based on the Prime Rate. After that, (and for balance transfers that do not post to your account within 45 days of account opening) your APR will be 19.49% to 29.49%, based on your creditworthiness and other factors. This APR will vary with the market based on the Prime Rate. APR for cash advances 29.74%. This APR will vary with the market based on the Prime Rate. |
| Other Fees | Balance transfer fee: Either $5 or 5% of the amount of each transfer, whichever is greater. The minimum monthly interest charge will be $0.50. Cash advance fee: 5% (min. $10). Foreign transaction fee: 0%. |
| Network | Mastercard |
About this card
The Miles & More World Elite Mastercard is a mixed bag, resulting in an overall rating of 2.6. It has some attractive travel-related benefits like lounge access, a companion ticket, and no foreign transaction fees. However, these are offset by a high APR range, an annual fee, and only a moderate rewards rate on everyday spending. The card is best suited for individuals who frequently fly with Miles & More partner airlines and can take full advantage of the travel perks to offset the annual fee. For those who don't travel frequently with these airlines or tend to carry a balance, the card's value proposition is significantly weaker.
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate on partner airlines
- Lounge membership
- No foreign transaction fees
- Intro APR period
- Transfer partners
Things to consider
- Annual fee
- High regular APR
- Balance transfer fee
What this card offers
Sign-up bonuses
- Earn 50,000 miles after you spend $3,000 in purchases and pay the annual fee in full, both within the first 90 days.
Rewards
- Earn 2 miles per $1 spent on Miles & More partner airline tickets.
- Earn 1 mile per $1 spent on all other purchases.
Other features
- Receive lounge access with two complimentary Lufthansa Business Lounge Vouchers annually.
- Receive an Annual Companion Ticket after each account anniversary (taxes and fees apply).
- Once each calendar year, you can convert 5,000 to 25,000 miles earned on purchases into Points and Qualifying Points. For example, 5,000 miles convert to 20 Points + 20 Qualifying Points.
- Redeem for flight tickets from the entire Lufthansa Group and Star Alliance network.
- No foreign transaction fees on international purchases.
- Chip Technology Paying for your purchases is more secure at chip-card terminals in the USA and abroad.
Additional Notes
The annual fee will be waived for Senator and HON Circle Members, as long as they maintain their Senator or HON Circle Member status. The personal Miles & More service card number of the primary applicant is required within the application process.