Barclays and Miles & More Launch the Miles & More Mastercard for Lufthansa's Global U.S. Travelers
Cardholder benefits include an annual companion ticket, complementary World
MasterCard concierge service, attractive mileage accrual on purchases and
miles that do not expire
WILMINGTON, Del., Oct. 22 /PRNewswire-FirstCall/ -- Barclays (NYSE: BCS) and Miles & More, the frequent flyer program of Lufthansa, today announced the new Miles & More(R) MasterCard(R) for Lufthansa's U.S. customers. The card combines the spending power and amenities of a Barclays World MasterCard with the prestige and member benefits of Miles & More, Europe's largest frequent flyer program, to please even the most discerning world traveler. Consumers can now apply for the card at http://www.barclaycardus.com/milesandmore/. "Without question, Lufthansa is one of the best known and most respected global airlines whose prestige and sophistication calls for a rewards credit card with a higher standard of amenities and services," said Lloyd M. Wirshba, CEO of Barclays U.S. credit card business. "Barclays global financial services expertise makes us the perfect partner for a global airline like Lufthansa, and we're proud to add them to our growing portfolio of co-branded airline partners." "The U.S. is one of our most important markets, which is why we've partnered with Barclays, one of the fastest-growing card issuers in America, to re-launch our Miles & More credit card program in the U.S.," said Carsten Schaeffer, Managing Director, Miles & More International GmbH. "We are delighted to enter into this new partnership with Barclays and welcome them to our global family of Miles & More credit card issuers." "We're constantly looking at ways to surpass our U.S. customers' expectations when it comes to airline cardmembership, and have designed the Miles & More MasterCard to fit the needs and realities of today's global traveler -- with a real focus on service and conveniences," added Marcus Casey, Lufthansa Director of Marketing and Customer Relations, The Americas. Travelers who apply for the Miles & More MasterCard can choose from one of two card options that best suit their lifestyle or travel needs. Those who desire a higher level of amenities, convenience, services and rewards can choose the Premier Miles & More World MasterCard, which features complementary World MasterCard concierge service offering travelers personalized recommendations and reservations assistance for dining, travel and entertainment needs. The Premier Miles & More World MasterCard ($79 annual fee) features: -- 20,000 bonus miles after the first purchase -- The ability to earn up to 15,000 additional bonus miles for balance transfers -- Two miles for every dollar spent on any Lufthansa or other Miles & More integrated airline partner ticket purchase -- One mile for every dollar spent on all other purchases -- No mileage expiration -- Annual companion ticket* -- Complementary World MasterCard concierge service -- Reduced rate foreign-exchange fee (one percent) -- Access to more than 500 airport lounges worldwide with Airport Lounge -- Access by Priority Pass(TM) -- No annual fee for Miles & More Senator and HON Circle Members Cardmembers opting for the Miles & More World MasterCard will enjoy a lower annual fee ($59) while still receiving many top-notch Miles & More and World MasterCard benefits, including: -- 15,000 bonus miles after the first purchase -- No mileage expiration -- The ability to earn up to 10,000 additional bonus miles for balance transfers -- One mile for every dollar spent on all purchases -- Annual companion ticket * -- Reduced rate foreign-exchange fee (one percent) -- No annual fee for Miles & More Senator and HON Circle Members * Certain terms and conditions apply. Visit http://www.miles-and-more.com for full details. About Lufthansa and Miles & More Lufthansa ranks among the top ten airlines in the world in terms of size, and is the second-largest European airline, serving 416 destinations in more than 98 countries, including *20 North American gateways. In November 2006, Forbes magazine named Lufthansa the "Third Most Reputable Company in the world." Since its U.S. launch in 1993, the Miles & More program has more than 1.5 million U.S. members and over 14 million worldwide. Travelers earn miles flying with Lufthansa, Swiss, any Star Alliance member airline or other airline partners, as well as through hotel stays, car rental bookings, shopping via the online mall at shopmilesandmore.com and Miles & More credit card partners. Adria Airways, Aegian Airlines, Air Dolomiti, Air One, Austrian, Croatia Airlines, LOT Polish Airlines and SWISS customers are integrated partners of the Miles & More program. For more information, or to enroll in Miles & More, visit http://www.lufthansa.com. * effective October 30, 2007 About Barclays PLC Barclays PLC is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services. It is one of the largest financial services companies in the world by market capitalization. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 127,000 people. Barclays moves, lends, invests and protects money for over 25 million customers and clients worldwide. For further information about Barclays, please visit our website http://www.barclays.com. Headquartered in Wilmington, DE, Barclays U.S. credit card business has more than 50 partnerships with some of the country's most successful travel, entertainment, retail and financial institutions including US Airways, Lufthansa, Barnes & Noble, Best Western, BJ's Wholesale Club, Travelocity and Carnival Cruise Lines. The company employs more than 1,400 associates in Wilmington and Colorado Springs, CO, and was named a Top Employer in Delaware in 2007. For more information please visit www.barclaycardus.com.
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