Payback new partner of LH M&M

Old Oct 28, 02, 7:22 am
  #1  
Original Poster
 
Join Date: Jul 2000
Location: MUC, Bavaria, Germany
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Payback new partner of LH M&M

From November you can convert your payback points (www.payback.de) into LH Miles 1:1
steff is offline  
Old Oct 28, 02, 7:32 am
  #2  
 
Join Date: Nov 2000
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by steff:
From November you can convert your payback points (www.payback.de) into LH Miles 1:1</font>
Not to surprising as LH is one of (or even the) owner of payback. LH actually holds 50,6 % of payback.
Rest is:
Metro AG (25,1%), Alexander Rittweger (16,8 %),Roland Berger (7,5 %)

[This message has been edited by peter42 (edited 10-28-2002).]
peter42 is offline  
Old Oct 28, 02, 8:48 am
  #3  
 
Join Date: Apr 2001
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Great news so you can earn two miles per Euro spend at some shops if paying with your LH Visa...

Tim
Tim2008 is offline  
Old Oct 30, 02, 1:25 am
  #4  
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Join Date: May 1998
Location: Munich, Germany
Posts: 414
The 1:1 rate is not very generous.

E.g. 1 roundtrip in Europe (flysmart) costs 20,000 miles -&gt; 20,000 pb points -&gt; 200 .

That's ok, but there are also better last minute offers at the infoflyway


or

1 roundtrip in Europe (eco): 30,000 miles -&gt; 30,000 pb points -&gt; 300

Not really a good deal.


It may be worth using payback points vor c class (europe 400 ), but not for eco.
michilo is offline  
Old Oct 30, 02, 4:15 am
  #5  
STR
 
Join Date: Jan 2002
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What do you mean Michilo ?
Isn't it correct that you dO only get 1 pb point for every spent ?
So in order to get a free flight for 20,000 miles you'd have to spent 20,000 if you'd solely do it with your payback card.

STR is offline  
Old Oct 30, 02, 4:48 am
  #6  
 
Join Date: Apr 2002
Location: Berlin, germany
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the pb points are worth 1 cent. payback pays you 1 cent in cash for each pont if you wish. so if you have 20.000 points you can get 200 euros in cash.

the lh-reward-flight has to be more worth than 200 euros.


mick is offline  
Old Oct 30, 02, 5:04 am
  #7  
 
Join Date: Mar 2002
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Are we back to the discussion of the value of 1 LH mile?

An eco flight within Europe can be worth much more than 200 Euro, especially to Eastern European destinations (which often have no W/V/Q class specials at all!).

Also consider 180k points for a First Class ticket Europe to Asia, for which the green politician Mr Rezzo Schlauch just had to pay 7800 Euro for "misuse of miles" (resulting in over 4 cents per mile).
Expedient is offline  
Old Nov 1, 02, 7:51 am
  #8  
 
Join Date: Jan 2001
Location: FRA
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Payback even offers an automatic transfer of points to miles twice a year - without a minimum amount. (The minimum amount for a cash conversion is 1500 points!)

elsas is offline  

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