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Old 17.04.2018, 13:09
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40,000 Miles & More miles until 25 April!

Hi all

First a disclaimer: I am in no way financially involved, other than being a participant. I do not work for any affiliated company. Mods, please don't delete my post this time.

For the miles and points aficionados out there (and perhaps even those who aren't), there is a great offer at the moment on the SWISS Miles & More credit cards that will offer 40,000 if they receive 2,000 new applicants (or 20,000 if they get 1,000 applicants) by 25 April. The silver card, at 60.- is fantastic value considering that you can convert Coop Trophy cards at 34.90 a piece for a mere 2,000 miles. Since more of us will benefit if we can get more to sign up, my motivation is solely altruistic. Here is the link:

https://www.miles-and-more-cards.ch/en/miles-deal/
(at the time of posting, there were 1756 applications - not much further to go!)

And if you want to double-down, there's an offer from Cornercard as well which gives a 20,000 sign up bonus (and no annual fee in the first year):

https://www.cornercard.ch/de/privatk...r_mmgold_promo

A potential 60,000 miles for 60.- is EXCELLENT value. That's enough miles to get a business class special to North Amierca or even 4 round-trip tickets in Europe. Let's not forget that Miles & More introduced mileage pooling for families, too.

Even if you are not interested yourself, please pass on the word!

Thanks!
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Old 17.04.2018, 13:11
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Re: 40,000 Miles & More miles until 25 April!

Thanks Strolls, I signed up yesterday. Hope we get the numbers up.
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Old 18.04.2018, 23:08
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Re: 40,000 Miles & More miles until 25 April!

Good find! The Miles and more card supports apple pay right?
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Old 18.04.2018, 23:09
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Re: 40,000 Miles & More miles until 25 April!

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Good find! The Miles and more card supports apple pay right?
That’s what it says, yes.
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Old 19.04.2018, 09:26
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Re: 40,000 Miles & More miles until 25 April!

Do you know if there are any cancellation fees for the Cornèrcard deal if cancelling within the first year?
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Old 19.04.2018, 11:15
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Re: 40,000 Miles & More miles until 25 April!

I thought about that too and from what I interpret in the AGBs, you can cancel 14 days after receiving the card.
I would use it a few times, wait for the miles to be credited and cancel it a few months after to be safe. I heard from a friend that they may revoke miles if you cancel right away and never use the card.
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Old 19.04.2018, 11:41
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Re: 40,000 Miles & More miles until 25 April!

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I thought about that too and from what I interpret in the AGBs, you can cancel 14 days after receiving the card.
I would use it a few times, wait for the miles to be credited and cancel it a few months after to be safe. I heard from a friend that they may revoke miles if you cancel right away and never use the card.
tatadada!

Big warning:

" La banque se réserve par ailleurs le droit d’annuler les Miles de prime offerts en guise de bonus de bienvenue si le contrat de carte est résilié par le titulaire de la carte moins de douze mois après l’émission de celle-ci."

Which translate into the bank reserve the rights to cancel the miles offered if the contract is cancelled by the card owner less than 12 months after it was given".

In other words, the first year free might give you nothing, and you have to pay the next year subscription of 140chf minimum, or they can cancel the miles.

Source:
https://www.cornercard.ch/export/ch....t_kombi_fr.pdf


Sad but true, what can you expect with banks?

PS: I can't find the trap for the "Swiss Miles & More", it's extremely complicated as they have separated Terms and Conditions and there's no clear "Offer terms" until you fill lot of data. I read these documents, it's not clearly saying you can't cancel and lose the miles: https://www.miles-and-more-cards.ch/...om-a-to-z/gtc/
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Old 19.04.2018, 12:06
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Re: 40,000 Miles & More miles until 25 April!

maybe more sensible to use the miles before cancelling.
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Old 19.04.2018, 12:08
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Re: 40,000 Miles & More miles until 25 April!

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maybe more sensible to use the miles before cancelling.
A good point, but if they "cancel them", how it's going to be? a minus amount?

Maybe you found a workaround... The problem is it's a risk to take.

Edit: and you might have to use ALL miles before they cancel them, which is also not straight forward...

Last edited by CorsebouTheReturn; 19.04.2018 at 12:09. Reason: adding edit.
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Old 19.04.2018, 13:07
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Re: 40,000 Miles & More miles until 25 April!

I am still confounded why anyone would collect and use Lufthansa Miles and More miles.

1) They charge huge fuel surcharges.
2) You earn almost no miles with them unless flying business/first class
3) The only times you can use their mileage bargains to north america are during very off peak travel dates and even then you will be paying 500-600 chf per ticket
4) The only way to use their miles to fly on their partners (i.e Star Alliance) is to call in. (which means booking fee) Most other airlines display partner award space directly online

Last edited by kiwiguy08; 19.04.2018 at 15:10.
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Old 19.04.2018, 13:26
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Re: 40,000 Miles & More miles until 25 April!

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I am still confounded why anyone would collect and use Lufthansa Miles and More miles.

1) They charge huge fuel surcharges.
2) You earn almost no miles with them unless flying business/first class
3) The only times you can use their mileage bargains to north america are during very off peak travel dates and even then you will be paying 500-600 chf per ticket
I collect them because its free to sign up. I only fly with Austrian to go back home because its the only airline that has decent times. Unfortunately, each flight gets me very few miles and they expire before im able to use them. But hey, its just filling in another box when i book a flight. No big deal
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Old 19.04.2018, 14:10
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Re: 40,000 Miles & More miles until 25 April!

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I collect them because its free to sign up. I only fly with Austrian to go back home because its the only airline that has decent times. Unfortunately, each flight gets me very few miles and they expire before im able to use them. But hey, its just filling in another box when i book a flight. No big deal
Have you ever successfully gotten an award seat with them?

The passivity is the problem, the Lufthansa group will continue to devalue their program because nobody really cares if they fall just short of using the miles. This arrogance will only continue if people continue to patronize their miles program. How much do you think Viseca or Cornercard is paying Lufthansa for these miles? I would guess at least 1 rappen/mile. That means they are paying Lufthansa 200-400 CHF for every application. You are getting miles that if you even end up using, are worth maybe a 0.5 rappen/mile….just maybe.
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Old 19.04.2018, 14:16
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Re: 40,000 Miles & More miles until 25 April!

Unfortunately I can't make use of the offer; I already have the cards.

As for why flying with M&M - towards US, LX/LH are the only acceptable option for me (I certainly have no interest flying through Heathrow or CDG and US airlines aren't worthy of consideration), towards Asia, Singa Air is part of the alliance; fly to Singapore twice or three times a year in premium eco for a couple hundred extra bucks and you got 40-60k miles right there. Sounds good enough to me, but needs differ.
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Old 19.04.2018, 14:26
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Re: 40,000 Miles & More miles until 25 April!

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Unfortunately I can't make use of the offer; I already have the cards.

As for why flying with M&M - towards US, LX/LH are the only acceptable option for me (I certainly have no interest flying through Heathrow or CDG and US airlines aren't worthy of consideration), towards Asia, Singa Air is part of the alliance; fly to Singapore twice or three times a year in premium eco for a couple hundred extra bucks and you got 40-60k miles right there. Sounds good enough to me, but needs differ.
you could credit those miles to United or Air Canada and fly to the US for the same amount of miles, not pay any fuel surcharges, and even earn more miles for flying thany you would for M&M
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Old 19.04.2018, 15:22
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Re: 40,000 Miles & More miles until 25 April!

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Have you ever successfully gotten an award seat with them?

The passivity is the problem, the Lufthansa group will continue to devalue their program because nobody really cares if they fall just short of using the miles. This arrogance will only continue if people continue to patronize their miles program. How much do you think Viseca or Cornercard is paying Lufthansa for these miles? I would guess at least 1 rappen/mile. That means they are paying Lufthansa 200-400 CHF for every application. You are getting miles that if you even end up using, are worth maybe a 0.5 rappen/mile….just maybe.
I never had enough miles for anything. 300 miles x 3 times a year do not add up to much.

To clarify, i dont have the credit card. I only have the free card you get if you want to register as a member
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Old 19.04.2018, 17:00
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Re: 40,000 Miles & More miles until 25 April!

Probably the only good thing with miles-and-more awards is that you can get one-way and open-jaw trips on points that would otherwise cost a lot. For a 'regular' economy transatlantic round trip it's really not worth spending 60K miles + CHF550 in taxes when the same itinerary can usually be bought for some CHF 900.
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Old 19.04.2018, 19:31
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Re: 40,000 Miles & More miles until 25 April!

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you could credit those miles to United or Air Canada and fly to the US for the same amount of miles, not pay any fuel surcharges, and even earn more miles for flying thany you would for M&M
Fair enough, I should look into that.

That aside, I never use miles to buy flights - only to buy upgrades. I mainly fly to US and Singapore and either option is so ridiculously cheap (all things considered), that it's indeed not worth wasting miles for it, given you have to pay the taxes separately.
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Old 19.04.2018, 20:49
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Re: 40,000 Miles & More miles until 25 April!

I stay with the executive club, last year i did a free buisness class trip to australia (with a stopover in Hong Kong).
When you have a status, it is so easy to collect miles, there is a credit card from cornercard as well.
Best Airline for me is cathay pacific, can't be better (connections in asia/to australia, service, airport in Hong Kong).
I did a lot of free flights , is was easier before to get the miles , the redemption part was easier before as well.
I stay with one world/BA.......
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Old 19.04.2018, 21:36
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Re: 40,000 Miles & More miles until 25 April!

1) "Have you ever successfully gotten an award seat with them?"

2) "How much do you think Viseca or Cornercard is paying Lufthansa for these miles? I would guess at least 1 rappen/mile. That means they are paying Lufthansa 200-400 CHF for every application."


From my previous life, having worked in marketing for similar rewards companies, lots of credit card companies (and indeed a company intimately connected with M&M) I can assure you they are not paying ANYTHING like 1 rappen a mile. Maybe 30 CHFs for each package, tops. The economics of running a credit card business do not have enough profit to sustain more as a signup incentive.

Such schemes work BECAUSE so many people do not or cannot use the miles. Those miles are effectively "Free" to the buyer of the incentive offer.

By the time you realise "I will never get to enough miles, this is a con", it is too late - we have persuaded you to buy at least one extra flight with us. Muahhahhahh...

The non-use rate is called "breakage" and calculating it accurately makes or (literally) breaks a loyalty scheme.

Back to point 1 - Yes, I have. Best deal is for upgrades. But I have booked one way flights. This summer, I have actually booked 3 return flights with miles, including paying the taxes with miles, therefore really, properly "free".

However, I do commute virtually every week and have done so for almost 3 years. So as a percentage of my spend it's not a lot.

It is true that Flights are never available when you want to go, particularly if you want to go around weekends. Funny that... But here is a tip. When you first go on the miles website to book a trip, put in the WRONG dates initially. Few days before, or the day after. Surprise, the dates you selected are usually not available... but the alternatives offered might well be the day you actually want.

Try it the other way round, with right days first and suddenly they are not available any more... (do this on a separate device, not logged in, to avoid cookies tracking you, and you may see). Doesn't always work, but does more often than not. Oh, and book at least 3 months before.

That availability/pricing technique, by the way is called "revenue optimisation". If you HAVE to go that day, you will pay more... so why would we let you pay less?

Regards


Ian
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Old 20.04.2018, 10:08
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Re: 40,000 Miles & More miles until 25 April!

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1) "Have you ever successfully gotten an award seat with them?"

2) "How much do you think Viseca or Cornercard is paying Lufthansa for these miles? I would guess at least 1 rappen/mile. That means they are paying Lufthansa 200-400 CHF for every application."


From my previous life, having worked in marketing for similar rewards companies, lots of credit card companies (and indeed a company intimately connected with M&M) I can assure you they are not paying ANYTHING like 1 rappen a mile. Maybe 30 CHFs for each package, tops. The economics of running a credit card business do not have enough profit to sustain more as a signup incentive.

Such schemes work BECAUSE so many people do not or cannot use the miles. Those miles are effectively "Free" to the buyer of the incentive offer.

By the time you realise "I will never get to enough miles, this is a con", it is too late - we have persuaded you to buy at least one extra flight with us. Muahhahhahh...

The non-use rate is called "breakage" and calculating it accurately makes or (literally) breaks a loyalty scheme.

Back to point 1 - Yes, I have. Best deal is for upgrades. But I have booked one way flights. This summer, I have actually booked 3 return flights with miles, including paying the taxes with miles, therefore really, properly "free".

However, I do commute virtually every week and have done so for almost 3 years. So as a percentage of my spend it's not a lot.

It is true that Flights are never available when you want to go, particularly if you want to go around weekends. Funny that... But here is a tip. When you first go on the miles website to book a trip, put in the WRONG dates initially. Few days before, or the day after. Surprise, the dates you selected are usually not available... but the alternatives offered might well be the day you actually want.

Try it the other way round, with right days first and suddenly they are not available any more... (do this on a separate device, not logged in, to avoid cookies tracking you, and you may see). Doesn't always work, but does more often than not. Oh, and book at least 3 months before.

That availability/pricing technique, by the way is called "revenue optimisation". If you HAVE to go that day, you will pay more... so why would we let you pay less?

Regards


Ian
Perhaps the miles are so cheap then because they are so worthless. I have read articles here and here that put the value of other programs at above 1 cent per mile. Airline companies make huge money from miles; not giving them out on flights, but selling them to banks, magazine companies, supermarkets, etc. American Airlines was held above water due to miles sales during the last recession.

Quote:
Back to point 1 - Yes, I have. Best deal is for upgrades. But I have booked one way flights. This summer, I have actually booked 3 return flights with miles, including paying the taxes with miles, therefore really, properly "free".
Again, I am not saying you can't get stuff for free from Miles & More....it's just that the value of the miles is inferior to other Star Alliance miles. (United, Aeroplan, Singapore....etc)
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