(EDIT 18th October: this deal is no longer available)
It’s back! You can now buy cheap Avios points simply by heading over to the Spanish version of Groupon.
The fall in the £ in recent months means that this deal is not as good as it was last December, where you were paying as little as 0.7p per Avios. It is still worth a look though.
This is an Iberia Plus deal. This means that there are two hurdles to jump:
You need an Iberia Plus Avios account (easily fixed by going to iberia.com if you don’t have one)
Your Iberia account will need to be 90 days old before you are allowed to use ‘Combine My Avios’ and send your points across to your British Airways Executive Club or avios.com account
EDIT: I have deleted a chunk of text about getting additional points via the Iberia e-store site as this deal is specifically excluded from earning points.
Click here for the Avios page you need on the Spanish Groupon site.
It is best to use Google Chrome to open it. Chrome should offer to translate the text. If it doesn’t, right click on your mouse and a translation option will appear.
There are five price levels. The 2,000 Avios deal is the cheapest but the prices are well above previous deals:
2,000 Avios = €24 (£21.62) = 1.08p
4,000 Avios = €59 (£53.14) = 1.32p
9,000 Avios = €119 (£107.18) = 1.19p
15,000 Avios = €189 (£170.23) = 1.13p
20,000 Avios = €249 (£224.26) = 1.12p
34,000 Avios = €429 (£386.38) = 1.13p
If you buy using a new groupon.es account, you can use code QUITATE10 to save €10 on a purchase of €25 or more.
You can buy a maximum of five packages AND 100,000 Avios per Iberia account. However, you are restricted to just one of the ‘2,000 Avios’ packs. The maximum number of Avios you can buy is therefore (20,000 x 5) 100,000 points for €1245.
You can pay by Paypal which may be easier – I did during the previous promotion – although you get legged over on the exchange rate. All other credit cards are accepted including American Express. If you do not use a 0% payment card, remember to factor in the 3% FX fee to the prices shown above.
About 30 minutes later you will receive an emailed voucher. If you don’t, the voucher will also be showing in your account on the Spanish Groupon site. There is a link in the voucher to a page on the Groupon site where you need to input the codes.
You are told that your Avios will take 30 days to appear but, in reality, they have historically turned up quicker.
The big question ….. is it worth it?
For most people, probably not. It isn’t the most straightforward promotion ever. The exchange rate is moving around daily. Paying over 1p per Avios point is also far above my comfort zone.
If you need to top off your account or if you have a very specific use for them – where you know you will receive well in excess of 1.1p of value – you may think differently. Double check your maths first though.
Thanks to Simon.