Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie settingsCookie policy

Erste Bank Austrian Miles & More Premiumcard review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

The Erste Bank Austrian Miles & More Premiumcard combines a credit card with the Miles & More service card, and card spend earns 1 mile per 2 EUR of card spend. It suits Miles & More members who fly often enough to spend miles at the till and prefer a single card for both.

Key facts

Best for
A no cost miles card that doubles as a Miles & More service card.
Annual fee
€0↗
Rewards type
Miles↗
Rewards rate
1 mile per 2 EUR of card spend↗
Perks
Redeem miles at the till with MilesPay anywhere Mastercard is accepted, 1 mile per 1 EUR of SEPA transfer volume, max 20,000 miles per billing cycle (2.5% transfer fee), Promotional 2.1% p.a. interest on the card credit balance until 30.11.2026, Credit card and Miles & More service card in one card, Repay the statement monthly, in instalments or in full by transfer↗
Card kind
Credit↗
Legal entity
Deutsche Bank AG↗
Headquarters
Germany↗
Support channels
Email, Phone, Help-centre↗
Pricing model
No annual fee
Features
Rewards
Audience
Business
Official website
miles-and-more-kreditkarte.at

Facts checked September 26, 2026, 3 sources

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedIn

Pros and cons

Pros

  • Card spend earns 1 mile per 2 EUR of card spend, and the reward type is miles.
  • Miles can be redeemed at the till through MilesPay wherever Mastercard is accepted, and the same card doubles as a Miles & More service card.
  • SEPA transfer volume adds miles on top of card spend, capped each billing cycle.
  • The statement can be repaid monthly, in instalments or in full by transfer.

Cons

  • Miles, miles, are the reward, so the value sits in the programme rather than in cash back.
  • Miles earned on SEPA transfers are capped per billing cycle and come with a transfer fee.
  • Support runs on email, phone and help centre only.
Erste Bank Austrian Miles & More Premiumcard

Ready to try Erste Bank Austrian Miles & More Premiumcard?

Scored 9.2 / 10 by SumCue.

See alternatives

Who it suits

  • Travellers who hold a Miles & More account and want the service card in the same place as their credit card.
  • Card spenders who clear the statement monthly, in instalments or in full by transfer.
  • Business expense holders, since the card is listed for business use.

Who should look elsewhere

  • Wise, if fee free everyday payments matter more than airline miles: its annual fee is £0.
  • Starling Personal Account Debit Card, if you want a card for everyday spending from a current account rather than revolving credit; its annual fee is £0.
  • Varo Believe Secured Credit Card, if you want credit that builds a secured history rather than miles on a cleared statement; its annual fee is $0.

Safety of your money

This is a credit card, so what sits on it is credit extended by the issuer rather than cash you hold. The issuer is supervised in Germany by the Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin) and the Europaeische Zentralbank (EZB). Card payments run on Mastercard, and miles can be spent at the till anywhere Mastercard is accepted.

Who runs it

The card runs on Deutsche Bank AG, which is based in Germany, and the loyalty programme is tied to that same issuer. Support runs on email, phone and help centre, so email and phone are available alongside a help centre for questions on the card and on the miles attached to it.

How Erste Bank Austrian Miles & More Premiumcard compares

Where Erste Bank Austrian Miles & More Premiumcard is available

Available
Austria
Licence in Germany
Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin), checked September 26, 2026
Licence in Germany
Europaeische Zentralbank (EZB), checked September 26, 2026

Countries from the brand (Source, checked September 29, 2026)

Frequently asked questions

What does the card cost to hold?+

The annual fee is €0 and the card is a no annual fee product, so there is nothing to renew each year. The costs to watch sit elsewhere: the fee attached to SEPA transfer miles, and interest on the card credit balance once the promotional rate ends.

How many miles does card spend earn?+

Card spend earns 1 mile per 2 EUR of card spend, and the reward type is miles. SEPA transfer volume earns miles as well, but only up to a cap per billing cycle and only with a transfer fee, so transfers count as miles rather than as free miles.

Can I spend miles at the till?+

MilesPay redeems miles at the till anywhere Mastercard is accepted, and the same card works as a Miles & More service card, so reward redemptions and travel documents sit on the same piece of plastic. Convenient if you travel often.

How is the balance paid off?+

The statement can be repaid monthly, in instalments or in full by transfer, and the card credit balance carries a promotional interest rate for a set period. The balance is credit extended by the issuer, so treat it as borrowing rather than saving.

Who issues the card?+

The card is issued by Deutsche Bank AG, which is based in Germany. Support runs on email, phone and help centre, so email and phone are available and a help centre handles written questions on the card and the programme.

Is the card regulated?+

The issuer is supervised in Germany by the Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin) and the Europaeische Zentralbank (EZB). Because the balance is credit on a card account rather than cash you hold, this is a borrowing product, not a place to keep savings.

Is it for personal or business use?+

The card is listed for business use, so it can cover company expenses alongside personal spending, and it is a credit card, so a statement arrives each month to clear. A personal user with little travel would earn miles they rarely spend.

Sources

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: APR, Currency conversion fee.

Erste Bank Austrian Miles & More Premiumcard

Erste Bank Austrian Miles & More Premiumcard

A no cost miles card that doubles as a Miles & More service card.

9.2/10See alternatives