[Expired] [Award Alert] Nonstop Business Class to Madrid From 38,000 Points

Tapas, beaches, museums — Spain has so much to offer. And if you’d like to get there in comfort, we’ve found a ton of award space to Madrid, the country’s capital.

You can fly to Madrid in lie-flat business class starting at 38,000 points per person, thanks to a timely transfer bonus. Plus, there are plenty of options in premium economy as well, giving you plenty of options to choose from

Let’s take a look at the details.

Award Alert — The Details

Right now, there is an award sale through Club Iberia Plus, Iberia‘s award program, and you’ll fly on Iberia from numerous U.S. cities to Spain, with up to a 35% discount depending on the cabin you choose.

The biggest discounts are in economy, but when you stack the current 20% Avios transfer bonus from Chase, you can find some great deals in business class.

To maximize this deal, you need to book by March 15 and travel by May 31, 2026.

• Class: Business
• Routes: Boston (BOS), Dallas (DFW), Miami (MIA), New York (JFK), and Washington, D.C. (IAD) to Madrid (MAD)
• Dates: April through May 2026
• Rates: As few as 38,000 points one-way plus $128

To find available dates, log in to your Iberia account and search for your desired route. Selecting “My dates are flexible” displays a calendar view of award prices.

Unfortunately, even when selecting business class, the calendar will show economy prices first, so you will need to poke around to find the best deal for lie-flat seats.

Once you’ve found a date that works for you, just click and book!

Best Ways To Book

The best way to book these business class awards is by redeeming Iberia Avios.

Even though Iberia recently raised the number of Avios required for most flights, finding off-peak flights to Spain for fewer than 50,000 Avios in business class is still a good deal.

Some of these routes even feature Iberia’s new business class suites with doors. Luckily, earning Iberia Avios is pretty easy.

You can earn Avios from flights with Iberia and its Oneworld partners, from Iberia’s U.S. credit card, and from numerous transfer partners. You can send the following to Iberia at a 1:1 ratio: Amex Membership Rewards, Bilt Rewards, Chase Ultimate Rewards, and Wells Fargo Rewards.

And through March 31, 2026, you can get a 20% bonus when transferring from Chase.

Plus, you transfer Avios freely and instantly between programs that share this currency. That means you can also use British Airways Club and Qatar Airways Privilege Club to get Capital One miles and Citi ThankYou Points transferred to your Iberia account.

If you don’t have Avios or can’t find these flights with Iberia, you should be able to book them through Alaska Airlines Atmos Rewards or American Airlines AAdvantage, though you’ll see fewer flights than Iberia is offering to members of its own loyalty program.

Final Thoughts

We’ve found nonstop business-class awards from the East Coast and the middle of the country to Madrid, but they’re only available for a limited time. If you’re looking to save money while flying business class, you can book your flight starting at just 38,000 points per person, get some good rest in a lie-flat seat, and arrive in Spain rested and ready to explore all the country has to offer.