The forthcoming potential to merge Avios and BMI Diamond Club miles from 3rd July has thrown up some interesting arbitrage opportunities.
One is the conversion rate for BAA WorldPoints, the frequent shopper scheme at BAA’s airports (mainly Heathrow, Glasgow and Southampton).
You earn 1 point per £1 spent (different rates for foreign currency) or 2 per £1 if you spent over £500 in the previous or current year. These can be turned into various goodies such as BAA shopping vouchers or airline miles, including Virgin Flying Club, Miles & More, BMI and Avios.
The Avios conversion rate is 300 Avios per 250 WorldPoints. The BMI Diamond Club rate is 750 miles per 500 WorldPoints.
If you’ve got at least 500, you should convert into a BMI account as long as you can wait until July 3rd to move them across to your BAEC or avios.com account.
More DC arbitrage ideas to follow.
How to earn Avios from UK credit cards (June 2021)
As a reminder, there are various ways of earning Avios from UK credit cards. Many cards also have generous sign-up bonuses!
There are two official British Airways American Express cards:
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points, such as:
We also recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card:
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.)