Two transfer promotions have been launched by Iberia Plus for anyone who wants to convert their hotel points to Avios.
You will need an Iberia Plus account in order to take part. If you don’t have one, you can open one for free at iberia.com. Note, though, that you cannot move Avios from an Iberia account to a BA account until the Iberia account has been open for 90 days.
Iberia is offering a 40% bonus when you convert your Marriott Rewards points to Avios. Full details can be found on the Iberia website here.
You need to initiate the conversion by 31st October. The minimum transfer out of Marriott is 10,000 points = 2,000 Avios.
The ratio gets better if you convert a larger amount as you can see on the Marriott website here. At the higher levels, the deal looks pretty good.
70,000 Marriott Rewards points, for example, are worth 25,000 Avios. With the extra 40% bonus, you would receive 35,000 Avios.
I tend to value a Marriott point at 0.5p. If you also value an Avios point at 1p, the 40% bonus means – at the 70,000 point level – you are not losing any value by transferring into Avios. This is a very good result. There are very few occasions when it makes sense to move hotel points into airline miles if you have enough hotel points for a free night.
It seems that Marriott’s ‘Hotel & Air’ packages would also qualify although this is not specifically stated. I doubt that Iberia would be able to tell the difference between a standard miles conversion and a package redemption.
Of more niche interest, Iberia is also offering a 40% bonus on transfers from Melia Rewards into Avios points.
You can find out more details here. I am not an expert on the Melia scheme so I can’t say if this offers good value or not. However, if you have a small quantity of Melia points sitting around without any plans for them, this may be a good opportunity to clear them out. The deadline for this deal is also October 31st.
(Want to earn more hotel points? To see our complete list of promotions from the major chains, click here to visit our ‘Hotel Promos’ page or use the link in the menu bar at the top of the page.)