Miles & More® World Elite Mastercard® Credit Card Review

All benefits

• Miles
  • 2x On ticket purchases directly from Miles & More integrated airline partners.
  • 1x On all other purchases.
• Travel
  • No foreign transaction fee:
  • Enjoy greater freedom with no foreign transaction fees on purchases made while traveling abroad.
  • Companion Ticket:
  • The primary cardmember is eligible for an economy class companion ticket upon the first use of the new Card Account for a purchase and on the Card Account opening anniversary every year thereafter, provided the Card Account remains open and in Good Standing.
  • Lufthansa Business Lounge Voucher:
  • The primary cardmember is eligible to receive 2 one-time use Lufthansa business lounge vouchers (the “Lounge Vouchers”) upon the first use of the Card Account for a purchase. Each year thereafter, the primary cardmember is eligible for the Lounge Vouchers, provided the Card Account remains open and in Good Standing for at least 45 days after payment of the annual fee.
  • Up to 15% off Hotels & Cars by Points:
  • Upon the first use of the Card Account for a purchase, the primary cardmember will be eligible to receive a reduction valid for up to 15% off Hotels & Cars by Points.
  • Mastercard Airport Concierge™:
  • A special service for frequent travelers, designed to make the airport experience as smooth and painless as possible. A Meet & Greet escort will be waiting when you arrive at the airport, and can be assigned to help in a number of ways upon your request: they can be ready to move you quickly through immigration checkpoints, assist with baggage, or arrange for chauffeured vehicles, for example. This service comes with a fee.
  • Redeem Miles at Several Airlines:
  • You can redeem miles for flight awards and upgrades on Lufthansa, Austrian Airlines, Brussels Airlines, SWISS, Star Alliance Airlines and other partners.
  • Trip Cancellation and Interruption and Commentary:
  • Coverage protects against forfeited, non-refundable payments and deposits if a trip is cancelled or interrupted for covered reasons.
  • Auto rental collision damage waiver:
  • When declining damage coverage at a rental agency, the card’s coverage secondarily provides protection for damage to or theft of a rental vehicle.
  • Baggage Delay Coverage:
  • This travel insurance coverage provides a certain amount (from $100 to $500 depending on the plan) to purchase the essential personal items necessary to get you through until your luggage arrives.

Rate and fee information

• Purchase Intro APR
  • None
• Purchase APR
  • 21.24% - 29.99% Variable
• Intro Balance Transfer 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
• Balance Transfers APR
  • 21.24% - 29.99% Variable
• APR for Cash Advances
  • 29.99% Variable
• How to Avoid Paying Interest
  • Your due date is at least 23 days after the close of each billing cycle. You will not be charged interest on purchases if you pay your entire balance by the due date each month.

Fees

Pros & Cons

Features

• No foreign transaction fees
• Payment Flexibility
• Fraud Protection
• Rewards
• Purchase Protection
• Travel
• Airline
• Baggage Delay Insurance
• Trip Cancellation
• Auto Rental Insurance
• Airport Lounge Access
• Excellent Credit