Get a 30% discount on buying Avios via Iberia Plus – a good deal?

Iberia Plus is currently offering a 30% bonus on purchases of Avios points. This deal runs until 27th October, see here for further details.

Note that you need to log-in to see details of the bonus offer.

At the top end, you will be paying Euro 459 for 31,200 Avios (24,000 + 30%). That works out at 1.25p per Avios, based on £389. You would need to add a 3% foreign exchange fee to this price if your credit card has one.

This is cheaper than buying Avios via BAEC or avios.com, where you will pay £399 for 24,000 (1.66p). However, you must have been an Iberia Plus member for 90 days before you can transfer Avios across to BA. It is also a lot more expensive than picking up Avios points via a Tesco promotion.

The other aspect of interest is the bonus on transferring Avios to someone else (ie your partner!). This is also a poor deal, though.

Transferring the maximum 24,000 Avios to someone else incurs a fee of €160. Assuming that you receive (30% x 24,000) 7,200 Avios as a bonus, you will have effectively paid €160 for them. That works out at 1.88p per Avios – very poor indeed.

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.)