Lufthansa only halting miles expiry for credit card holders until 31st December

As we covered here, the current Lufthansa Miles & More Global Traveller payment cards are closing on 4th April.

Lufthansa has now written to cardholders to say that their Miles & More balance will be protected from expiry – but only until 31st December 2021.

If Lufthansa does not launch a new UK card product by the end of the year, existing cardholders with no Miles & More status will see their miles starting to expire on 31st March 2022. All miles over three years old will disappear on that date, with a new batch expiring every quarter after that.

On the face of it, this is a poor offer. Lufthansa is up with Accor in the ‘we’re going to keep expiring your points during covid, we don’t care’ stakes. Even people who wanted to spend their balance before 31st December are going to struggle.

However ….. my understanding is that it is very likely that the new Cornercard-issued Visa will launch in Summer 2021.

On this basis, cardholders should have nothing to worry about. My only concern is that anyone who is currently unemployed, on furlough or self-employed will not be accepted and will therefore see their miles expire.

Want to earn more points from credit cards? – December 2021 update

If you are looking to apply for a new credit or charge card, here are our November 2021 recommendations based on the current sign-up bonus. 

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the top current deals:

British Airways American Express

5,000 Avios for signing up, no annual fee and an Economy 2-4-1 voucher for spending ….. Read our full review

British Airways American Express Premium Plus

25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review

American Express Preferred Rewards Gold

Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review

The Platinum Card from American Express

30,000 points and an unbeatable set of travel benefits – for a fee Read our full review

Earning miles and points from small business cards

If you are a sole trader or run a small company, you may also want to check out these offers.

American Express Business Gold

20,000 points sign-up bonus and free for a year Read our full review

American Express Business Platinum

40,000 points sign-up bonus and a long list of travel benefits Read our full review

British Airways Accelerating Business American Express

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

Capital On Tap Business Rewards Visa

The most generous Avios Visa or Mastercard for a limited company Read our full review

For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending:

Barclaycard Select Cashback Credit Card

1% cashback and no annual fee Read our full review