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How to buy Avios points for 0.83p via Iberia Plus

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A very interesting opportunity has popped up on the Iberia Plus website which allows you to (effectively) buy Avios for 0.83p each.

First, let me say that you can ONLY take part in this if you have an Avios balance in Iberia Plus already or you have an Iberia Plus account which is over 90 days old.

(If you don’t have an Iberia Plus account which is 90 days, then you can’t take part.  I have mentioned on a number of occasions on Head for Points that you should have an Iberia Plus account for occasions such as this.  If you don’t have a 90-day old Iberia Plus account, the only thing you can do is to open one now so you can benefit from similar deals in the future.)

Iberia new 2

Anyway, assuming you do have an Iberia Plus account which is over 90 days old, this is the deal:

Iberia Plus is offering a 50% bonus if you transfer your Avios points from one Iberia Plus account to another. 

This bonus runs until January 5th.

Most airlines allow you to transfer your points from one person to another.  However, they always charge a fat fee for this, and the fee usually makes the transaction pointless – especially as you can always redeem for another person from your own account anyway.

This offer is different though.  Here are Iberia’s transfer fees:

1 – 6,000 Avios – €30

7,000 – 12,000 Avios – €75

13,000 – 18,000 Avios – €115

19,000 – 24,000 Avios – €160

These prices are crazy, but that is Iberia for you.  What is point of charging you more per Avios for a larger transaction?!

But remember – until 5th January, you receive a 50% bonus on the Avios you transfer!

Transferring 6,000 Avios from one Iberia Plus account to another will generate a 3,000 Avios bonus.  The transfer will cost €30.  This means you are paying €30 for 3,000 Avios, so 1 cent per Avios (0.83p).

Assuming that your Iberia Plus account is empty, you will need to transfer Avios across from British Airways or avios.com to do this.  However, only Iberia Plus accounts which are over 90 days old can use ‘Combine My Avios’.  This is why you cannot take part in this promotion unless you have a old Iberia Plus account.

You will, of course, need another Iberia Plus account in the name of someone else.  This is so you can transfer your Avios to that person to generate the bonus.  That person can then either send the Avios points back to you, or move them back into their own BA or avios.com account.  (They would have to wait 90 days to do this if it was a new Iberia Plus account.)

To find this offer, you need to:

a) go to iberia.com and log in to Iberia Plus

b) under the Iberia Plus menu, select ‘My Iberia Plus’

c) in the left hand menu, you will see ‘Buying or transferring Avios’ at the bottom

There is obviously a bit of faffing around to do here, but – fundamentally – it should be very straightforward.  As long as you are transferring in chunks of 6,000 Avios each time, you will be paying just 0.83p per ‘new’ Avios generated.


How to earn Avios points from UK credit cards

How to earn Avios from UK credit cards (September 2022)

As a reminder, there are various ways of earning Avios points from UK credit cards.  Many cards also have generous 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:

Barclaycard Avios Plus card

Barclaycard Avios Plus Mastercard

25,000 Avios for signing up and an upgrade voucher for spending £10,000 Read our full review

Barclaycard Avios card

Barclaycard Avios Mastercard

5,000 Avios for signing up and an upgrade voucher for spending £20,000 Read our full review

There are two official British Airways American Express cards with attractive sign-up bonuses:

British Airways American Express Premium Plus

25,000 Avios and the UK’s most valuable card perk – the 2-4-1 voucher Read our full review

British Airways American Express

5,000 Avios for signing up and an Economy 2-4-1 voucher for spending £12,000 Read our full review

You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points.

EDIT: Until 25th October 2022, there is an exceptionally generous sign-up bonus on The Platinum Card. You will receive 60,000 Membership Rewards points – double the usual amount – and £200 to spend at Amex Travel. You need to spend £6,000 within six months to earn the bonus.

American Express Preferred Rewards Gold

Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review

The Platinum Card from American Express

60,000 points (SPECIAL OFFER), £200 travel credit and unbeatable benefits – for a fee Read our full review

Run your own business?

We recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,000 Avios.

Capital On Tap Business Rewards Visa

50,000 points bonus until 2nd October – the most generous Avios Visa for a limited company Read our full review

You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus.

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

There are also generous bonuses on the two American Express Business cards, with the points converting at 1:1 into Avios. These cards are open to sole traders as well as limited companies.

American Express Business Platinum

40,000 points sign-up bonus and a long list of travel benefits Read our full review

American Express Business Gold

20,000 points sign-up bonus and free for a year Read our full review

Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.

Comments (55)

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

  • Johnny5a says:

    looks like an issue, i’ve only just got back from hols

    “Important information
    Unfortunately, it is not currently possible to combine your Avios online due to a technical error. We apologise for any inconvenience this causes you. Please contact your local Executive Club service centre to combine your Avios.”

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

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