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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.


HFP-Barclaycard-Avios-Card

How to earn Avios from UK credit cards (February 2023)

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:

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

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.

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

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 10,500 Avios.

Capital On Tap Business Rewards Visa

Get a 10,000 points bonus plus an extra 500 points for our readers 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 £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

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.

  • Cannot buy or transfer Avios on new account (not combine my Avios) - FlyerTalk Forums says:

    […] In order to try to take advantage of the promotion describe by Raffles in his post, I have created a new Iberia Plus account in my partner's name today so that I can transfer the […]

  • Kipto says:

    £24.90 for 3000 Avios

  • Idrive says:

    let me understand this better:

    I have BAEX/Avios/Active Iberia Plus accounts >90 days.
    What I can do is to send some Avios getting 50% and paying the 30 eur fee into the Iberia receiver’s account, even if I set one up today. the only limit for the time being, is that i need to wait 90 days to redeem or move the total amount of miles sitting on the NEW IberiaPlus back to the avios.com account of the receiver where I can freely spend them.

    This does not involve merging the accounts at all and i will end up paying EUR30 for 3000, assuming I move 6000 miles. if at the end of the day I want to merge the two avios accounts I will move them back to my Avios account.
    Is there a free way to move those back to my Iberia without merging as Raffles originally wrote?

    I am sorry but I am not into Iberia that much and I am missing something in this offer and do not want to end up short with little use of the split amount of Avios as I am collecting them for a bigger redemption.

    • Rob says:

      No free way to move them back, you would need to pay another fee to move them back to you.

      Unless, of course, you are in a BA HHA with someone, in which case you would be OK if that other person was the person whose IB account you transferred to (if that makes sense).

      • Jonny says:

        How long does the transfer and bonus take to appear? Presumably, (depending how many points you need) you could send over 2 lots of 6000 and then send back 3 lots of 6000 (assuming the receiver receives the bonus points instantly?) wash, rinse and repeat

      • Idrive says:

        HI Raffles, sorry i just saw your reply now. That could make sense, to move them to a new iberia plus and later add that person into my HHA, which I can do. By the way I am interested to work in team with someone to make a couple of transfers. if anyone serious and willing to honur this deal is up for it we can have a mutual benefit.

  • Donald says:

    It’s a reasonable price albeit less straightforward the the milesmoremiles.co.uk offer

    • Idrive says:

      do you know how it works? i went across that last month but i do not understand how they handle the fees and if that’s trustworthy, anyone did it?

  • Mike Turnbull says:

    Would somebody care to do a back to back with me ? To post them over, you need first and last names and email address of recipient and of course the IB number. I am ready to push the button now if anybody is interested.
    ( nb I guess Raffles would be good enough to forward on this sort of detail unless there is an easier way to ‘get together’)

  • Manuel says:

    Wel the first 5 movements were immediately. The last 2 did not get out for the moment.

    • Bart says:

      Hi Manuel,

      I have exactly the same issue, 5 transfers went fine, but number 6 and 7 are ‘stuck’. Got confirmation number on the screen, but no email. Checked with CC company and they informed me I was charged for transaction 6 and 7. Looks like Iberia Plus / Points.com have a validation/lock after 5 transfers…

      • Bart Lapers says:

        Update: 24h after I submitted transfer 6 & 7 they were confirmed via email and the miles left my account.

  • thesaver79 says:

    I would like to take advantage of this…. but I don’t have a second account I can use. I would be up for doing it with someone from here, provided that Raffles can vouch for their identity 🙂

  • Mike Turnbullu says:

    If there are no objections I am going to post my Iberia details here for someone to post me 6k (9) and I will reciprocate. Time is running out.

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