Frankly, this is not an impressive deal. The bonus on 1,000 Avios is nothing – despite costing a rip-off £31. The bonus on 2,000 to 6,000 is just 5%. You need to spend £447 on 27,000 Avios to benefit from the full 8,100 Avios bonus. Even at this level, you are paying 1.27p per point which I consider high.
(Of course, if you just need a few Avios to top off your account to reach a specific redemption target then it is a different matter!)
Iberia Plus has also launched its own ‘buy Avios’ promotion, see here for further details. (If a Spanish page comes up, change the language in the top left corner and then, if necessary, click through again.)
Note that you need to log-in to see details of the bonus offer. Without logging in, the page just shows the standard pricing.
At the top end, you will be paying Euro 665 for 45,500 Avios (35,000 + 30%). That works out slightly cheaper than the ba.com deal at 1.16p per Avios, based on £529. You would need to add a 3% foreign exchange fee to this price if your credit card has one.
This is clearly a slightly better price even with the FX credit card fee. However, you must have been an Iberia Plus member for 90 days before you can transfer Avios across to a BA account.
How to earn Avios from UK credit cards (January 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:
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.
If you have a small business, we especially recommend Capital On Cap’s Visa card which comes with a generous bonus worth 10,500 Avios:
(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.)