15k Bonus Lufthansa Miles for Spending $750 a Month for Three Months

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Note: Some of the offers mentioned below may have changed or are no longer be available. You can view current offers here.

The 50k mile bonus offer is back on the Lufthansa card mentioned in this post until 6/30/14. Get it now!

• Earn 20,000 award miles after your first purchases 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
• Earn 2 award miles per $1 on ticket purchases directly from Miles & More integrated airline partners and 1 mile per $1 on all other purchases
• Cardholders receive a companion ticket after first use of the account and annually after each account anniversary
• No Foreign transaction fees on purchases made outside the U.S.
• Redeem miles for flight awards and upgrades on Lufthansa, Austrian Airlines, Brussels Airlines, SWISS, Star Alliance member airlines and on other partners
• $79 Annual Fee. Please see Terms and Conditions for complete details

Application Link: The Lufthansa Premier Miles & More World MasterCard

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Two days ago, I got an awesome offer by email:

If I spend $750 per month during August, September, and October on my Lufthansa Premier Miles & More MasterCard, I’ll get 15,000 bonus Lufthansa Miles & More Miles.

What’s my analysis of the offer? Is it good enough that you should get the Lufthansa card? What were my spending habits on the card that generated the offer?

When I first skimmed the email, I thought I was being offered the promotion on my US Airways Premier World MasterCard because I’ve been offered the same promotion before on my US Airways card and seen dozens of reports of people being offered the same.

But this was very much for the Lufthansa card I opened two months ago when there was a 50k mile sign up bonus after spending $5k in the first three months.

On July 18, I made the purchase that put my spending over $5k on the card. But my next statement won’t close until August 17, so I haven’t actually received my entire sign up bonus.

From this one data point, it’s hard to draw a conclusion about what spending patterns you could follow to be offered this promotion. Perhaps meeting the minimum spending requirement is a prerequisite while perhaps most or all cardholders will be offered the promotion after having the card for two months. Please let me know in the comments whether you’ve gotten the same offer, and if so, what your spending pattern on the card has been.

Promo Analysis

The promotion is awesome, and the timing is convenient for me. If I spend $750 per month for three months, I’ll spend $2,250 on the card and receive 17,250 Lufthansa miles (2,250 for the spending + 15,000 bonus).

That works out to 7.67 miles per dollar on all purchases. 7.67 miles per dollar is higher than any category bonuses I am aware of, but it is less than the return from meeting the minimum spending requirement on most rewards cards. For instance, I earned 11 miles per dollar clearing the sign up bonus on this card. (55,000 miles after spending $5k.)

The timing is especially convenient for me because I don’t plan to open any new cards until October anyway. Instead of spending on 1x, 2x, or even 5x cards in the interim, I’ll enjoy 7.67 miles per dollar on at least part of my spending.

I think if you get this offer by email, it would be a huge mistake to miss out on fulfilling the conditions. If your current credit card spending doesn’t permit you to put an extra $750 of expenses on your Lufthansa card each month, consider these methods of putting more of your expenses on credit cards.

What Can You Do with 17,250 Miles

Here were the Six Best Uses and (Two Bad Ones) for Lufthansa Miles. These miles can go toward those uses.

One that I’ll particularly flag is that Lufthansa charges only 17,000 miles one way for the best cabin on United two-cabin domestic flights. That means you can fly from New York-JFK to Los Angeles or San Francisco one way on a flat bed on United’s p.s. service by participating in this promotion. I think that’s an incredible deal.

Should You Get the Current 20k Lufthansa Card Offer to Get the Later 15k Offer? Offer is Now 50k Again!

The 50k mile bonus offer is back on the Lufthansa card mentioned in this post until 6/30/14. Get it now!

• Earn 20,000 award miles after your first purchases 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
• Earn 2 award miles per $1 on ticket purchases directly from Miles & More integrated airline partners and 1 mile per $1 on all other purchases
• Cardholders receive a companion ticket after first use of the account and annually after each account anniversary
• No Foreign transaction fees on purchases made outside the U.S.
• Redeem miles for flight awards and upgrades on Lufthansa, Austrian Airlines, Brussels Airlines, SWISS, Star Alliance member airlines and on other partners
• $79 Annual Fee. Please see Terms and Conditions for complete details

Application Link: The Lufthansa Premier Miles & More World MasterCard

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Recap

Check your email for the 15k bonus Lufthansa miles offer I got. If I spend $750 in August, September, and October, I’ll get 15k bonus miles, which I value at at least $275. For me, this promo is a great deal. Are you going to participate?

Here were the terms and conditions of the email: