Update 6/30/2014: The current sign-up bonus has been reduced to 35,000 miles.

Just a heads up that the 50,000 mile Premier Miles & More World MasterCard® offer will be pulled by tonight or tomorrow. This is one of the best current deals and if you wanted to apply for this increased 50k offer, you should do so before it’s pulled.

The normal offers is for 20,000 points and it’s likely to drop back to this level after tonight, so if you apply now you will get an extra 30,000 points above the normal bonus. There is no set time for when the offer will be pulled, but if you click the application link and see the 50k offer, then it’s still live. If not, then it is too late.

Over the last month I researched and analyzed the ins-and-outs of the Lufthansa Miles & More program. You can learn more about specific parts of using Lufthansa miles with the posts I published:

Lufthansa Miles & More Basics Series

Part 1: The Program and Award Chart

Part 2: 9 Great Uses of Lufthansa Miles

Part 3: Booking Awards and Maximizing Your Miles

Part 4: Maximizing the 3 Region Award Chart

 

Card offer details:

  • Earn 20,000 award miles after your first purchase or balance transfer
  • Earn an additional 30,000 award miles when you spend $5,000 in purchases within the first 90 days of account opening
  • With 50,000 award miles you can redeem for a round-trip award flight to Hawaii, Europe or the Caribbean!
  • Cardholders receive a Companion Ticket annually
  • Enjoy 2 award miles per $1 on Miles & More integrated airline ticket purchases and 1 award mile per $1 spent everywhere else
  • No mileage expiration with monthly qualifying purchases
  • No foreign transaction fees
  • The card has a $79 annual fee

Application link: Lufthansa Premier Miles & More World MasterCard® [expired]

Recap

The Lufthansa Premier Miles & More World MasterCard® is one of the best credit card offers available right now. This is the last change to get the increased offer for a while.

I really like this card and the potential uses of Lufthansa miles, especially the generous stopover and open jaw rules–you can have 2 stopovers and 2 open jaws on a round trip award. With a little planning you can book some amazing round trip and 3 region awards with stopovers.

If you were thinking about applying for this card, make sure to do it before its gone!