Bits: TopCashback 25% bonus to Avios scrapped, Miles & More gift card deals – any good?

News in brief:

No more 25% bonus on TopCashback transfers to Avios

Quietly TopCashback has withdrawn their 25% bonus when converting TopCashback cashback directly into Avios.

First launched in September 2016 with no expiry date, the 25% bonus with TopCashback for converting cashback into Avios came after Tesco Clubcard pulled their partnership with TCB.

Giving no mention of an end of this 25% bonus prior to the expiry date is especially annoying if you had been wanting to convert your paid cashback into Avios but simply hadn’t got around to doing it.

Converting TopCashback to Avios is still not a bad deal.  You get 1.05 Avios for every 1p of cashback you convert, which is far cheaper than buying points directly from BA.  It just isn’t as good as it was.

If you are not already a TCB member, you can sign up via our refer a friend link here.

TopCashback 350

Miles & More gift card deals – a redemption to be avoided?

Lufthansa’s Miles & More scheme has been sending out emails to their UK members promoting their new gift card redemptions, making it look like a great deal.

‘Did you know that you can get your favourite awards for 3,000 miles already?’, asks the email in badly translated English.

A look at the website shows that for 3,600 miles you can, for example, get a £10 Amazon voucher.  Great.

That is the equivalent of 0.27p per mile!  Considering the 1p value we give to 1 Lufthansa mile when used for premium flight redemptions, this is a deal to be avoided unless you have some miles heading rapidly towards expiry.

(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.)

What are the best points credit cards with 0% interest on purchases?
January Sale Bits: BA Holidays extra £100 off, Opodo extra £20 off, Monarch flights £29 or less
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Comments

  1. Avios and BAEC conversion now has a 5% bonus which is not as good as 25% but still better than a poke in the eye with a sharp stick.

  2. No, they changed that after the fact. I used that article as the basis for the piece I wrote on HFP and there was definitely no closing date listed.