Edited by: Stella Shon
& Keri Stooksbury
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Looking to stock up on some Avios? You’re in luck — Iberia has launched its newest promotion which includes a 25% bonus on all purchased Avios.
Let’s take a look.
The amount of the bonus you’ll receive will depend on how many Avios you buy:
There are times when purchasing points make sense — and we point that out when it does. Iberia Plus comes out with these Avios sales occasionally, and if you can find a good use for them, you’ll find more than a great value here.
If you were to max out the bonus and buy 200,000 Avios, you would pay $4,599. Factoring in the bonus means you’d walk away with a total of 250,000 Avios. At this rate, you’ll be paying 1.84 cents per Avios, which is well above our valuation of 1.25 cents per Avios.
The most important thing to note here is that Iberia is part of the greater Avios program, which includes British Airways, Aer Lingus, and — most recently — Qatar Airways. This means that you can easily transfer and combine any Avios you purchase into any of these accounts.
Although British Airways doesn’t have the greatest track record with award redemptions (thanks to its high fuel surcharges and no-notice devaluations), some decent redemptions remain.
Here’s a look at a flight from Washington, D.C. (IAD) to Doha (DOH) on Qatar Airways using British Airways Avios:
As you can see, you’ll need just 70,000 Avios and $103 for this nearly 13-hour flight. Meanwhile, here’s the cash rate you’d be paying were you to buy this kind of flight directly:
Of course, you probably shouldn’t pay $9,200 for a one-way flight anywhere, even if it is in Qsuites. However, if you purchase 60,000 Avios from Iberia (and receive 15,000 bonus Avios) for $1,399 and then transfer them over to British Airways, you’d redeem them for a whopping 13 cents each. Remember — you bought them for ~1.87 cents per Avios.
Hot Tip: Looking for other ways to redeem those Avios? Check out our article on the best ways to redeem British Airways Avios for maximum value.
Although not many folks talk about Iberia Plus’ reward chart (which, by the way, can be quite generous), this newest promotion from the airline offers the ability to buy Avios at a very fair rate. With the ability to combine Avios across a variety of programs, it’s easy to find outsized value to make purchasing Avios a worthwhile endeavor.
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UP's Bonus Valuation
This bonus value is an estimated valuation calculated by UP after analyzing redemption options, transfer partners, award availability and how much UP would pay to buy these points.