Review
barclays Miles & More® World Elite Mastercard® Review: For Lufthansa Group Loyalists
Frequent flyers of Lufthansa and partner airlines, take note! The Miles & More® World Elite Mastercard® offers great travel perks like lounge access and companion tickets that can outweigh the annual fee.
| Annual Fee | $89.00 |
| 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. |
| 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. |
| Rewards Rate | 1x-2x miles |
| Sign-up Bonus | 50,000 miles |
| 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%. |
Overview
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
Benefits
Drawbacks
Decision Guidance
Summary
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...