From mid-2025, Miles & More credit cards will no longer be backed by DKB, but by Deutsche Bank.
(Photo: imago/Rüdiger Wölk)
Frankfurt Probably the best-known credit card with a bonus function in Germany, the Lufthansa Miles & More Credit Card, is changing banks. From mid-2025, Deutsche Bank will issue payment cards for Lufthansa’s frequent flyer program. The institute was able to assert itself in a worldwide tender. Miles & More is thus ending its long-standing collaboration with Deutsche Kreditbank (DKB).
Deutsche Bank has thus secured an important mandate in payment transactions, which the institute intends to expand. “The partnership with Miles & More is a milestone for our strategy in the transaction business because it is the largest, most attractive and most successful co-brand portfolio in Europe,” said Ole Matthiessen, Head of Cash Management at Deutsche Bank, the Handelsblatt.
With co-branding, banks issue a credit card together with a partner company under their brand. The card bears the partner’s name – such as Miles & More.
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