Iberia Plus introduces “Avios plus Money”

Almost a year after the launch of Avios, Iberia has finally caught up with BA and launched ‘Avios and Money’. 

This may be relevant to you, because Iberia redemptions booked on the Iberia website tend to carry far lower taxes than the same flight booked on ba.com (see here for more). 

Once your Iberia account has been open for 90 days, you can move Avios points back and forth from BA or avios.com using ‘Combine My Avios’.

A quick trial shows similar pricing to BA.  A Reward Flight Saver from Madrid to Dakar in Business Class will cost you either 40,000 Avios + £34 or, on a sliding scale, down to 20,000 Avios + £194.

You are therefore effectively ‘buying’ 20,000 Avios for 0.8p each, which is a pretty good deal.  I would have taken the 20,000 + £194 option in these circumstances.

The effective price is the same for economy redemptions, which are 20,000 Avios airmiles + £27 down to 10,000 Avios + £107.  Note it prices in Sterling because I am logged in with a UK address.

‘Avios and Money’ only applies to redemptions on Iberia and its subsidiaries, such as Iberia Express and Air Nostrum.

How to earn Avios from UK credit cards (December 2021)

As a reminder, there are various ways of earning Avios points from UK credit cards.  Many cards also have generous sign-up bonuses!

There are two official British Airways American Express cards with attractive sign-up bonuses:

British Airways American Express

5,000 Avios for signing up, no annual fee and an Economy 2-4-1 voucher for spending ….. Read our full review

British Airways American Express Premium Plus

25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review

You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points, such as:

American Express Preferred Rewards Gold

Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review

The Platinum Card from American Express

30,000 points and an unbeatable set of travel benefits – for a fee Read our full review

Run your own business?

We recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,500 Avios:

Capital On Tap Business Rewards Visa

The most generous Avios Visa or Mastercard for a limited company Read our full review

You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus:

British Airways Accelerating Business American Express

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.

(Want to earn more Avios?  Click here to visit our home page for our latest articles on earning and spending your Avios points and click here to see how to earn more Avios this month from offers and promotions.)