When BAA WorldPoints ran their recent conversion bonus to Avios points, there was a reference in the email to the exchange rate moving to 250 : 250 from the current 250 : 300. However, the small print of the email contradicted the main email so it appeared to be a typo.
With no fanfare, though, the following statement has now appeared on the WorldPoints website when you try to redeem for Avios:
From 14th May 2013 the conversion rate for British Airways Avios will revert to 250 WorldPoints for 250 British Airways Avios.
To be fair, this is just going back to how things used to be. Before the launch of Avios, WorldPoints had a more generous conversion rate to (the old) Air Miles than for BA Miles. After November 2011, the more generous Air Miles rate stuck and the Avios rate became 250 : 300. This is now being taken back to where it was.
If you had a large WorldPoints balance, you probably converted it in the recent 100% bonus promotion. If not, you now need to decide whether to lock in the 250:300 rate, or hold your points and hope for another 100% bonus later in the year.
If this happened, of course, you would be getting 500 Avios points per 250 WorldPoints. That is only equivalent to a 67% bonus based on the 300 Avios points you would get today.
Given the WorldPoints to Avios conversion bonuses have become fairly regular over the last 18 months, I would still wait. Locking in an extra 50 Avios per 250 WorldPoints now will not make up for missing out on a conversion bonus later.
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.)