How high is 1500 miles high
What is the value of a Miles and More mile?
Today I would like to dedicate myself to a controversial but interesting topic for all mile collectors. How high is the value of a miles and more mile? In the first part of this guide, we will go into how much you can get out of a mile, provided you redeem your miles exclusively with Lufthansa and its subsidiary airline.
So that you can better decide in the future the value up to which you will generate miles, for example through magazine subscriptions, I would not just like to specify a value, I would like to show you various examples.
Table of Contents
The Value of a Miles and More Mile - The Basics
In this guide, I will only cover award miles. If you do not yet know exactly which types of miles are available in the Miles and More program, I would like to refer you to this guide. We have already addressed the question of how long Miles & More miles are actually valid here. In principle, the value of a Miles and More mile cannot be precisely quantified, as this depends heavily on the planned use. In this guide, we want to show you exactly when the value is how high. In today's issue we want to start with the mileage value when redeemed for flights with Lufthansa and its subsidiaries.
The value of a Miles & More mile - Worldshop
The first possibility that one might think of would be to redeem Miles & More miles in the Lufthansa World Shop. For this guide I picked any product; however, the invoice can also be applied to all other products in the Worldshop.
Lufthansa would like to have 799 euros or 236,000 award miles from you for this award. 1,000 award miles are worth around EUR 3.39. One miles and more mile is the same about 0.3 cents! This value is very low, which is why you should refrain from redeeming your generated miles in the Worldshop.
The value of a Miles and More mile - Economy Class short-haul
Here I would like to deal with both short-term flight bookings and long-term bookings. As an example, let's take a flight from Frankfurt to Munich in Economy Class.
Lufthansa wants 30,000 miles as well as taxes and fees of 104.36 euros for this route in the Eco Flex tariff. If I book the flight with the same conditions, also in the Eco Flex tariff, regularly via Lufthansa, it costs 214.36 euros. If you offset the taxes and fees, 110 euros remain with the regular booking, about 30,000 miles. Again we get a value of about 0.3 cents per mile.
For short-term bookings, Lufthansa is now offering so-called “Fly Smart” award flights, depending on availability. These can only be booked two to fourteen days before departure. The mileage value is lower.
With this Fly Smart tariff, you only have to pay 20,000 miles and € 104.36 in taxes and fees. If we now book the same flight in the Eco Flex tariff, Lufthansa charges 464.36 euros for it. After deducting taxes and fees, there are 20,000 miles compared to 360 euros. Here one mile is worth 1.8 cents. It can therefore be clearly stated that booking an award flight on short-haul routes with Lufthansa in advance does not make sense. If you have to travel at short notice, the Fly Smart premium makes it possible to get a good deal, as the flights are usually quite expensive with short-term, regular bookings.
The value of a Miles & More mile - Business Class short-haul
Now that I've just discussed Economy Class on short-haul routes, I don't want to leave out Business Class either. The flight goes again from Frankfurt to Munich; but this time in “Business Class”. Of course we will look at a short-term and a long-term flight again this time.
In the case of a long-term flight, the award booking costs us 40,000 miles and 134.36 euros in taxes and fees. Lufthansa charges 709.36 euros for a regularly booked flight in Business Class. 40,000 miles are equivalent to 575 euros. One mile is therefore equivalent to a value of 1.4 cents. So the value is already significantly higher than in Economy Class.
In the case of a short-term booking, the value even increases significantly. 30,000 miles and 134.36 euros are compared to a regular price of 789.36 euros. In this case, the value of 30,000 miles corresponds to a full 655 euros. So a mile is worth around 2.2 cents. At the same time, however, you have to question whether the high Business Class prices have any relation to reality, considering that there are hardly any advantages over Economy Class, as you can read in our review of Lufthansa Economy Class and Lufthansa Business Class.
The value of a Miles and More mile - Economy Class long-haul
As the destination of my long-haul calculations, I picked Miami, a very popular destination in the Lufthansa portfolio. There are direct flights from Frankfurt and Munich.
This flight costs 60,000 miles and 385.97 euros in taxes and fees. A regular booking would cost € 876.49. The value of a mile drops here again to 0.8 cents.
There is also the option of booking a “Fly Smart” award for long-haul flights. With our example booking to Miami, only 50,000 miles and 383.35 euros in taxes and fees are due. As you can see in the picture, however, the short-term availability of the award flights is quite limited. So I had to choose a flight with a stop in Munich for the example booking on the outbound flight. All other flights were already booked. If we book the flight to Miami regularly and with a direct flight, a total of 3,090.49 euros will be due in the Eco Flex tariff. In the Eco Basic tariff, however, the price would drop to 1,305.49 euros. If the Eco Basic tariff were sufficient for you, it would the value of a mile is 1.8 cents. However, if you value the Eco Flex tariff, despite short-term booking, the value of a mile rises to 5.4 cents.
The value of a Miles & More mile - long-haul business class
The sample calculation for the value of a Miles & More mile in Lufthansa Business Class is again from Frankfurt to Miami. Booking an example of a short-term flight was particularly complicated. For example, it is seldom possible to book an award in Business Class on such a popular route with a short-term booking, as the availability is simply not sufficient. With a long-term booking, the award flight costs 112,000 miles and 485.97 euros in taxes. The regularly booked flight costs between € 3,300.49 in the Business Basic tariff and € 5,690.49 in the Business Flex tariff directly with Lufthansa.
The value of a mile can therefore be between 2.6 and 5 cents, depending on the tariff to be booked. However, this is thought to be quite theoretical. There is also the fact that with a regular booking, depending on the tariff, between 9,600 and 19,200 miles are collected on the flights. If you know a little about the subject, business class flights from abroad are also an option. Some of the flights in Lufthansa Business Class can be booked for well under 2,000 euros. There is then only a value of about 1.3 to 1.6 cents per mile as well as the somewhat more relaxed arrival, due to the direct flight from Germany. Basically, Miami is also one of the more expensive destinations. Business Class flights from Germany to other destinations in North America can also be found from around 2,500 euros. Here is the one The value of a mile is then around 1.9 cents. For destinations in Asia, this value can drop even further. For award flights to the Far East, 135,000 miles and around 550 euros in taxes and fees are due in Business Class, with prices of around 2,200 to 3,500 euros for a regular booking. The value per mile is around 1.2 to 2.2 cents.
As already written, it is hardly possible to book an award in Business Class on long-haul routes at short notice. Most of the time, this option is out of the question. Nevertheless, I would like to go into this briefly. The short-term trip in Business Class costs 105,000 miles as well as fees and taxes of 506.83 euros. Even with just under four weeks' notice, there were only availabilities on flights with a stop in Zurich. The long-haul flight to Miami will be operated by Swiss in an A330. In order to be able to make a fair comparison, I will compare both regularly booked direct flights and the flights via Zurich with the award booking. The direct flight in the Business Class Basic Plus tariff would cost 4,090.49 euros. In the Business Flex tariff, the costs increase to 5590.49 euros. The The value of one mile compared to a booking in the Basic Plus tariff is 3.4 cents; compared to the Flex tariff even 4.8 cents. If we book the flight via Zurich instead of the direct flight, which we would also get with an award booking, it would cost 4,112 euros. When booking in the Business Flex tariff, the price increases to 5,062 euros. The value of a Miles and More mile would therefore correspond to between 3.4 and 4.3 cents.
The value of a miles and more mile - first class long haul
The route from Frankfurt to Miami is also one of the most expensive in First Class. To get a more realistic comparison, I'll also go into flights to Newark. Award flights in First Class with Lufthansa to North America cost 182,000 miles. In addition, there are of course taxes & fees of around. 500 euros, as well as the lack of a mileage credit in the amount of 30,000 new award miles with a regular booking.
The costs of the regularly booked First Class naturally also depend on the booking class. If we choose the First Flex tariff, which we also receive with an award booking, the flights to Miami cost around 11,000 euros. However, if the First Basic tariff is sufficient, which incurs fees of 410 euros in the event of a rebooking, the flights for long-term bookings cost “only” around 5,000 euros and thus slightly less than half. The value of a mile is therefore between 2.6 and 6 cents.
For the example from Frankfurt to New York, 182,000 miles and fees of around 500 euros are also due. However, the regular flight prices are a little lower, but the award availability is also many times better. The flight prices are between 4,900 euros in the First Basic Plus tariff and 9,500 euros in the First Flex tariff.
So the value of a mile for a flight to Newark is between 2.6 and 5.3 cents.
The value of a Miles & More mile - Lufthansa mileage bargains
One of the best and most lucrative ways to redeem your miles is definitely with long-haul business class mileage bargains. Since the number of miles required is halved, the value per mile increases. I have already discussed the calculation of the individual values above, which is why I only list the rough guide values for the value of a mile here. Since mileage bargains with Lufthansa Miles & More can always be booked for a somewhat more distant travel period, I naturally compare the value with the long-term regular bookings for the same period.
In the calculation, however, it was only taken into account that the cheapest booking class is available. If only one of the more expensive booking classes is available, the value of a Miles and More mile will roughly double. This results in these approximate values:
- Mileage bargain economy short haul: approx. 0.7 - 1 cents per mile
- Mileage bargain business short haul: about 1.2-1.8 cents per mile
- Mileage bargain economy long haul: about 1.5-2 cents per mile
- Mileage bargain business long haul: about 3.6 - 5 cents per mile
Based on this calculation, we only ever present you the Miles and More bargains for miles in Business Class, as they promise you a significantly better value.
The value of a miles and more mile - Austrian mileage bargains
An even better value of a Miles & More mile can be achieved by booking the Austrian Airlines mileage bargains. Austrian offers a slightly lower number of mileage bargains per booking period and the place of departure must be in Austria. The mileage bargains of the Lufthansa subsidiary are interesting because the travel period is very short. With these short-term bookings, significantly better values can be achieved, since the prices for regular bookings are usually significantly higher for short-term bookings.
In this example, 55,000 miles and around 462 euros in taxes and fees are due for the flight from Vienna to New York. With a regular booking, the flight on the same dates would cost a little more than 4,200 euros. The value per mile is around 6.8 cents due to the very short-term booking.
The value of a Miles & More mile - generate miles
There are currently some good promotions to top up your mileage account. With our miles slider you can easily find out with which offers you can reach the required miles.
All offers for earning miles
From as little as 55,000 miles you can book a business class return flight to the USA as part of the mileage bargain! Are you still looking for magazine subscriptions? We can help you there too. In our overview you will find all the lucrative magazine subscriptions for collecting Miles and More miles at a glance. You will also find guides for the best redemption of miles with us:
The value of a miles and more mile - conclusion
The value of a Miles and More mile is so dependent on the planned use that it is not possible to set a general value. Values of more than one cent per mile can easily be achieved, but values of over 6 cents are also feasible. If you do not have any special use of miles in mind, you should generate miles for a maximum of 1 to 1.5 cents per mile. Of course, things look different if the miles still required are intended for a special purpose, for which a value of around 4 to 6 cents per mile can be achieved. Then, of course, miles can also be generated at a higher price. Before taking out a newspaper subscription or the like, you should simply calculate what value the miles will approximately achieve.
There are a total of six different ways to use Miles & More miles:
- in the Lufthansa world shop
- Economy Class short and long haul flights
- Business class short and long haul flights
- First class long haul flights
- Lufthansa mileage bargains
- Austrian Airlines mileage bargains
One of the best and most lucrative ways to redeem your miles is definitely with long-haul business class mileage bargains. As the number of miles required is halved, the value per mile increases automatically.
In principle, the value of a Miles and More mile cannot be precisely quantified, as this depends heavily on the planned use. However, our calculations have shown that the value of a mile is between 0.3 cents and 6.8 cents, depending on usage.
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