A quick reminder that August 4th is the last day to buy Avios points via Iberia Plus for a bonus of up to 30%.
Here is the Iberia page for buying Avios. Note, though, that you need to log in to see the details of the bonus promotion.
If you have an active Iberia Plus account (ie the account is over 90 days old and you have earned 1 Avios in it directly – not sure if buying Avios in itself is enough) then you can transfer them to BA or avios.com using ‘Combine My Avios’. This is free.
The price you pay will depend on the foreign exchange rate on the date you buy. The minimum is 2,000 for €54, €91 for 4,000 and €459 for 24,000. Oddly, there are only 8 amounts of Avios you can buy – 1,000 or 5,000 are not possible. It is weirdly inflexible.
The bonus levels are:
4,000 Avios – get 10% extra
8,000 – 12,000 Avios – get 15% bonus
15,000 – 20,000 Avios – get 20% bonus
24,000 Avios – get 30% bonus
At the top end, you would receive 31,200 Avios with the bonus and be paying roughly 1.26p per Avios for them. Not the cheapest deal ever, but certaily better than the standard rate for buying them from BA or avios.com.