Iberia Plus and The Economist have rolled over their special offer for taking out a subscription. It was due to end on 31st August but has been extended until 31st October.
As you can see at this link, you can earn 13,200 Avios in Iberia Plus if you take out a 1-year digital and print subscription to The Economist. The cost is £179. This works out at 1.35p per Avios.
Alternatively, you can earn 10,200 Avios with a £145 print-only or digital-only subscription. This works out at 1.4p per point.
This offer is particularly attractive if you are self-employed or run a company. Whilst I am not a tax expert and you should obviously take your own advice if necessary, it would be hard to argue that The Economist magazine is not an acceptable tax-deductible purchase for most business people. If we were talking What Pool and Hot Tub? it would be a different story but ….
The price charged seems to be in line with the price charged via other channels so you are not over-paying.
You will need an Iberia Plus account to take part. Once the Avios points arrive – and as long as your Iberia account is over 90 days old – you can convert them to British Airways or avios.com via the ‘Combine my Avios’ function online.
The Economist changed the rules of this promotion last year, after a large number of people took out a subscription and then cancelled it for a partial refund a few weeks later. Your subscription is now non-refundable. However, £179 for 13,200 Avios plus a full year of The Economist in print and online is certainly not a bad deal.
The very cheap Canadian deal no longer seems to be available. (It isn’t a geo-location issue – I tried it with a VPN set to Canada and it still did not come up.) If you have any friends in the United States who may enjoy The Economist in print (you could access the digital version yourself), there is still a deal to be had. The cost is $190 (£142) for 13,200 Avios.
Note also that the DIGITAL ONLY version for US residents is $152 (£114) and you get 10,200 Avios for yourself …..
The offer now runs until 31st October 2016.
(Want to earn more Avios? Click here to visit our home page for the latest articles on earning and spending your Avios points and click here to see how to earn more Avios from current offers and promotions.)