Maximise your Avios, air miles and hotel points

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

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News in brief:

No more 25% bonus on TopCashback transfers to Avios

Quietly TopCashback has withdrawn its 25% bonus when converting TopCashback cashback directly into Avios.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

Comments (52)

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  • Alan says:

    Any cheap ways of getting 1500 M&M miles? I’ve got 2100 already which I’m unlikely to use given their strict expiry policy – given that, a £10 Amazon voucher is worth more to me! Unfortunately would cost 750 HR points so that route seems more hassle than it’s worth to get an extra £2.50!

    • Rob says:

      Hotel booking via their new portal? Current offer is 1k bonus plus 1k base miles minimum.

      • Alan says:

        Reasonable idea, but wouldn’t want to miss out on loyalty benefits by going through booking portal (and would probably take a more lucrative Kaligo or Rocketmiles sign up if doing so).

    • Czechoslovakia says:

      Cheap hotel room via m&m hotels? They were running a 5000 bonus on your first night. This was the cheapest way of getting a chunk of miles, but seems overkill in your situation, unless the room is useful.

    • Fenny says:

      Are M&M points transferrable between accounts? I have 500 about to expire in a couple of months and no way of redeeming them. If I can transfer them, you can have them.

  • Rob says:

    Cut off was 5th at noon, in theory

  • Stu N says:

    Any ideas what to do with small amounts of Miles and More? I do a couple of short haul economy flights a year and have a balance of about 5k miles. No use for flights (no desire to go to FRA for anything other than work) but any scope to use for hotels or transfer out to hotel programs? Otherwise vouchers may be the way to go. They will start expiring in early 2018 I think as earned in early 2015 onwards.

    • RussellH says:

      Have a look at Lufthansa Worldshop – you might find something there of use, perhaps on a points and cash basis. I have rather more M+M points than you, though nowhere near enough for a premium flight.

      I got a couple of new suitcases from them last year, mid-range ones and the price seemed reasonable at the time.

      • Sussex bantam says:

        Used mine for a rather nice bottle of whisky from their shopping portal

    • Rob says:

      Heathrow Rewards transfer for a shopping voucher.

      • Stu N says:

        HR is minimum 7,500 transfer, think the duty free at FRA is better value redemption with same minumum. Will have a look at the M&M shopping portal but may have a trip to Frankfurt in mid-Feb that will get me up to the threshold depending on how it books. Makes spending Avios look dead easy!

  • Mark says:

    When it comes to redemptions though its just avios coming out of the pot. We normally only do 2for1 and Lloyds upgrade long haul in J/F or occasionally straight short haul redemptions so tend to get better value (against what we would pay for the flights rather than necessarily what the cash fare is). Therefore my rule is never redeem at less than 1p and never pay more. Any ‘free’ avios such as work flights or signup bonuses don’t change that since in the long run the ‘non-free’ avios are additional redemptions that could otherwise be covered in cash. The only exception would be a very small number required to top off an immediate redemption that otherwise fits the rule.

    The threshold will vary depending on redemption approach of course, and part of that is how avios rich you are and how often you travel / how many of you there are travelling together. The number of 2for1s and upgrade vouchers you can earn for example is limited. However as a principle it’s a pretty sound one.

  • TGLoyalty says:

    The 25% bonus was nice but it didn’t make up for the clubcard offer when it comes to Avios

    £50 transfer to clubcard was worth 12,000 Avios (some still get the old rate so 16k) or 12.500 flying club

    Even at a 25% bonus to get that level of avois you would need to convert £96 (£128)

  • Will says:

    I think the Avios/BA/Virgin (not to the same extent) are usually better earning portals, no? Certainly now!

    • TGLoyalty says:

      Agree anyone wanting to convert £332+ @25% bonus for 41.5k Avios were better off than those that used £50 for club card into 12k Avios plus up to £280 @5% bonus for 29.4K

  • Rob says:

    No, Virgin has never done that.

  • Gavin says:

    OT – any good deals for the Economist subs, the Mrs needs a new one

    • Rob says:

      Avios.com has a link in their earning menu but it is only the usual 4,000 Avios I think.

This article is closed to new comments. Feel free to ask your question in the HfP forums.

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