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40% off Avios redemptions – economy and business – on 50 Iberia routes

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Iberia Plus has launched a new promotion offering an aggressive 40% discount on Avios redemptions on a number of Iberia routes. These include both UK to Spain and ex-Spain long-haul routes.

Both Economy and Business Class flights are included.

You need to book by 29th February.  Flights must be taken by 19th June.  If you book on Iberia, as opposed to Iberia Express or Iberia Regional, the earliest departure date is 1st March.

Iberia new 2

Let’s take a look at the deals.  The home page for this promotion is here.

Short haul Iberia deals

From the UK, you can redeem on the following routes for a 40% discount:

From 3,900 Avios each way – Heathrow to Madrid on Iberia

From 4,500 Avios each way – Birmingham / Edinburgh / London Gatwick / Manchester to Madrid on Iberia Express

A business class return from Heathrow to Madrid is 15,300 Avios plus €92 on off-peak dates.  Remember that Iberia runs long-haul planes on some Heathrow rotations so you could get a fully flat bed down to Madrid.  Look for services operated by A330 or A340 aircraft.

If you are not based in the UK, there are plenty of other EU departure points.  There are also plenty of Spanish domestic routes discounted – see the website for the list.

Long-haul Iberia deals

These are the discounted long-haul routes from Madrid:

Lima, Mexico City, Panama, Rio de Janeiro, Santo Domingo, Sao Paulo

For Lima, Mexico City, Panama and Santo Domingo, business class IS included.

Taxes are also very low

Here is an example of pricing.

Madrid to Mexico City

Business Class, return

Off peak dates

51,000 Avios + £175 tax (usually 85,000 Avios)

An Economy return on the same route, booked into Blue Class (Iberia’s cheapest but hardest to find Economy redemption band) is just 25,500 Avios plus £160 of tax.

Remember, these are Iberia Plus deals ONLY

This means:

You can ONLY book these flights on the Iberia website.

You can ONLY book these flights using Avios sitting in Iberia Plus.

Iberia Plus uses a different calendar of peak and off-peak dates to British Airways.  The dates for March can be found in this article.

If you don’t already have an Iberia Plus account then you are stuffed, unfortunately (although I have suggested many times that everyone should have one, specifically for promotions like this.)  Even if you open an Iberia Plus account today, you cannot transfer Avios across from British Airways Executive Club or avios.com until it has been open for 90 days.

You cannot add a connecting BA flight to the same ticket – and you don’t want to, because it would trigger long-haul Air Passenger Duty.

Your connecting flight to / from Madrid should be booked separately or you will see a substantial increase in the taxes charge due to UK Air Passenger Duty being added to the long-haul leg.

You can hopefully find a connecting flight in the sale as well.

Whilst the list of long-haul routes is not hugely exciting, there are some interesting destinations there.  If you have time to get away, there are some good opportunities here to see somewhere new at a very low cost.

You must book at iberia.com by 29th February for travel by 19th June.


British Airways BA Amex American Express

How to earn Avios from UK credit cards (September 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. Both have increased sign-up bonuses until 2nd November 2021:

British Airways BA Amex American Express card

British Airways American Express

10,000 Avios for signing up, no annual fee and an Economy 241 voucher for spending ….. Read our full review

British Airways BA Premium Plus American Express Amex credit card

British Airways American Express Premium Plus

40,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review

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

Nectar American Express

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

American Express Platinum card Amex

The Platinum Card from American Express

60,000 points and an unbeatable set of 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:

Capital On Tap Business Rewards Visa

The most generous Avios Visa or Mastercard 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. This card has a limited time offer of 60,000 Avios when you sign up:

British Airways Accelerating Business American Express card

British Airways Accelerating Business American Express

60,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios 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.

(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.)

Comments (33)

  • Chris says:

    got all my iberia groupons iberiastore bonus last week. 🙂
    everything worked a treat. cant wait for similar offer.

  • RIccati says:

    One of the worst websites to look up tickets, mostly because of the instability.

    Also for Sao Paolo and Rio de Janeiro the deal is in economy only, a ploy.

  • Enigma368 says:

    Looking at Iberia for a flight today. Have not found the reduced fare but I did find it interesting that their cash + avios fares are very generous. For the route I was looking at, you could pay the standard 11.2k avios and £16, or as low as 3.4k avios and £56. Iberia are basically selling avios at 5p per avios if you take this last option, which is pretty good.

    11,250 Avios + £ 15.90
    10,150 Avios + £ 25.90
    8,450 Avios + £ 35.90
    6,750 Avios + £ 40.90
    5,050 Avios + £ 50.90
    3,400 Avios + £ 55.90

    • Rob says:

      Good spot, I will look into this

      • Enigma368 says:

        This was an economy avios fare from MAD-LHR. This 5p price point does not seem to come up much elsewhere, e.g. on the “blue” or “business” fare it is mostly 7p an avios and on long haul the same. Not quite clear how Iberia have devised their pricing for this but on some select routes it will make sense to pay avios+cash over full avios.

  • OMG Virgin Trolls Kanye West on Twitter, Dogs Can Fly Airplanes, and Trump's New Loyalty Scheme - View from the Wing says:

    […] 40% off Iberia Avios redemptions for bookings made by February 29 and travel between March 1 and mid-June. This is for economy and business class. And Iberia adds lower fuel surcharges to Iberia flights than British Airways does. Iberia is an American Express Membership Rewards transfer partner. And if you have an Iberia account that’s been open three months and has earned even 1 point, you can transfer British Airways Avios into Iberia. (HT: Head for Points) […]

  • RichW says:

    Maybe a bit dull but do you get ba tier points on an avios plus money booked on Iberia?

    • Rob says:

      If you mean a cash ticket where the price has been reduced using Avios, yes. If you mean a reward ticket where you have added some cash because you didn’t have enough Avios, no.

  • NickS says:

    im shortly travelling from LHR via MAD to SCL (santiago chile) in business plus (lowest fare option) via Iberia and then SCL ro MEndoza via LANout 13/4 back 21/4 . if i try to book via BA site then £400 more expensive than booking via IB site even on sameIB flights. All flights are Operated by IB plus LAN for last SCL/MDZ sector but cheapest to book that separately! So booking via IB is a no brainer but how do I ensure I get BA tier points as this would get me to silver from bronze and also the ba bronze avios bonus. do i have to put in BAEC number into booking or IB plus one..or doesnt it matter? I have joined iberia plus as you suggested but only as a base member. im sure there is a trick here im missing but cant work out what best. any help appreciated!

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