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Miles&More, Lufthansa’s frequent flyer scheme, offers a UK credit card through MBNA. It ordinarily comes with a  sign up bonus of 1500 miles, but this is periodically enhanced – one such boost is currently running until 31 December 2015 – with a further 8,500 miles on offer.

Cardholders get both a Visa and an Amex card. You then ordinarily earn:

• 2 miles for every £1 spent in the first 6 months and 1.5 miles per £1 spent thereafter on the American Express card
• 1 mile for every £1 you spend during the first 6 months and 1.5  miles per £2 spent thereafter on the Visa card

You will of course continue to receive the above miles on your day-to-day spend. However, the bonus 10,000 miles operates as follows:

• Receive a Welcome Bonus of 1,500 award miles when you make a card purchase within the first 90 days of your account opening
• Receive an extra 8,500 award miles when you spend a minimum of £1,000 within the first 90 days of your account opening.

The card comes with no annual fee, so much like the standard BA Amex card, it’s one of those ones you can hang on to and send on when you need the Miles&More miles, rather than rabidly spending on to justify the annual fee.

Is Miles& More any good?

Taxes on redemption flights with Lufthansa (i.e. those using your miles to pay for the flight) are notoriously steep. However, there are ways to mitigate this, not least the monthly – and legendary – Lufthansa Mileage Bargains.

If you’re a serious Lufthansa flyer, this bonus is worth thinking about. However, Miles&More is not really a scheme to dip in and out of – if you’re in it for the long haul, such that you think you can rack up enough points for a full-on Business Class redemption, then go for it.

However unlike Avios for example (not least thanks to the Reward Flight Saver), Miles&More is not a frequent flyer currency that you are likely to get any real value from by racking up a small-ish points haul, and burning it on an Economy short-haul flight.