BA has launched a 30% bonus for buying Avios running to 2nd August. The maximum 31,000 Avios will cost you £399. This is, however, still more expensive than the current offer for buying BMI miles that I wrote about recently and which runs to 30th June.
According to this FlyerTalk thread, Amex has changed the conversion rate on the International Dollar Card Membership Rewards scheme from 1:1 into Avios to 3:2. This closes one of the most interesting loopholes available, whereby you could get an IDC Amex, transfer your UK Membership Rewards balance across, get a bonus equal to the current UK / US$ exchange rate (so roughly a 60% bonus) and still get the same 1:1 transfer rate.
The airlines are now in line with the hotel IDC transfer rates, which were already about 50% weaker than the UK MR transfer rate. Delta, SAS and Flying Blue have also moved to 3:2, whilst Malaysian, Iberia, Cathay, Virgin, Finnair and Singapore remain 1:1. You can of course transfer to Iberia and then to BA Avios (although your IB account must be 90 days old to do this) although it is debatable how long this will last.
Want to earn more points from credit cards? – January 2023 update
If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.
You qualify for the bonus on these cards even if you have a British Airways American Express card:
You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.
SPECIAL OFFER: Until 21st February 2023, the sign-up bonus on the British Airways Premium Plus American Express card is increased to 35,000 Avios from 25,000 Avios. You can apply here.
British Airways American Express Premium Plus
35,000 Avios (ONLY to 21st February) and the famous annual 2-4-1 voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & four airport lounge passes Read our full review
The Platinum Card from American Express
30,000 points and unbeatable travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus and 1.5 points for every £1 you spend Read our full review
Earning miles and points from small business cards
If you are a sole trader or run a small company, you may also want to check out these offers:
SPECIAL OFFER: Capital On Tap has increased its sign-up bonus to points worth 30,000 Avios if you apply by 4th February. This is exclusive to Head for Points readers. Click here to apply.
American Express Business Platinum
40,000 points sign-up bonus and a £200 Amex Travel credit every year Read our full review
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
British Airways Accelerating Business American Express
30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
Capital On Tap Business Rewards Visa
Get a 30,000 points bonus, worth 30,000 Avios, until 4th February 2023 Read our full review
For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.