The present invention relates to a catalyst for the conversion of oxygenates to olefins, wherein the catalyst comprises one or more zeolites of the MFI, MEL and/or MWW structure type and particles of one or more metal oxides, the one or more zeolites of the MFI, MEL and/or MWW structure type comprising one or more alkaline earth metals, and the particles of the one or more metal oxides comprising phosphorus, the phosphorus being present at least partly in oxidic form, and the one or more alkaline earth metals being selected from the group consisting of Mg, Ca, Sr, Ba and combinations of two or more thereof, to the preparation and use thereof, and to a process for converting oxygenates to olefins using the catalyst.