Maximise your Avios, air miles and hotel points

Big 40% bonus lets you buy Avios points via Iberia for as low as 1.0p each

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I normally do not recommend buying Avios unless you need to ‘top up’ an account for an immediate redemption. With a few exceptions, buying a large proportion of the miles you need is rarely a good deal.

This is a bit different.  Iberia Plus is currently offering a bonus of 40% on purchases of Avios points. This deal runs until Sunday 29th May, see here for further details.

Note that you need to log-in to see details of the bonus offer. Without logging in, the page just shows the standard pricing.

Iberia A330 350

The deal does not seem to be targetted – I see it on my account but I haven’t received an email about it.

There is no minimum purchase.  Even a 2,000 Avios purchase gets you 800 bonus Avios.

At the top end, you will be paying €1,800 for 140,000 Avios (100,000 + 40%).  Given the weak £, this works out at exactly 1p per Avios, based on £1,393.  You would need to add a 3% foreign exchange fee to this price if your credit card has one.  Smaller quantities would be pricier.

I would not usually be a buyer, even at this price.  1p per Avios is usually my (very conservative) target value when I redeem so I don’t like paying that much to get them.

However, it may well make sense for you if:

you have a specific redemption in mind where you know you will get over 1p per point of value

you value the ‘easy points’ aspect of this offer (no need to visit Tesco, apply for a new credit card etc etc)

You MUST have been an Iberia Plus member for 90 days before you can transfer your bought points across to BA. 

You must also have earned at least one Avios in the account before you can buy points (one easy option is a small Amex Membership Rewards transfer, or credit a flight, hotel stay or Avis rental).

If you have never earned an Avios via Iberia Plus then you are stuck and cannot buy until a transaction has gone through your account – and that won’t happen in time for Sunday.


How to earn Avios from UK credit cards (May 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:

SPECIAL OFFER: Until 30th May, the sign-up bonus on the Barclaycard Avios Plus Mastercard is doubled to a crazy 50,000 Avios! Apply here.

SPECIAL OFFER: Until 30th May, the sign-up bonus on the free Barclaycard Avios Mastercard is doubled to 10,000 Avios. Apply here.

Barclaycard Avios Plus card

Barclaycard Avios Plus Mastercard

CRAZY 50,000 Avios for signing up (to 30th May) and an upgrade voucher at £10,000 Read our full review

Barclaycard Avios card

Barclaycard Avios Mastercard

10,000 Avios for signing up (only to 30th May) and an upgrade voucher at £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 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.

SPECIAL OFFER: Until 13th June, the sign-up bonus on The Platinum Card is doubled to 60,000 Membership Rewards points – and you get £200 to spend at Amex Travel too! Apply here.

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

60,000 points AND a £200 Amex Travel voucher until 13th June! 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 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 (102)

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

  • Nigel says:

    Just so happens, as for an earlier reader that this is very frustrating timing for me. Have been actively collecting avios using lots of the tricks for about 6 months and yesterday bought 30,000 for a huge £495 (which I felt bad about then given how expensive it was) and booked 2 first class flights to Rio and 2 business class return flights back which is what I’d been working towards booking. So annoying that this offer comes the day after and it would have saved me £140! It’s just over the 24 hours when I read about it as well!

  • Steve says:

    If you pay by BA Amex does it get treated as double Avios like flights/holidays?

    • NickS says:

      just purchased the 100,000 avios via IB plus bonus 40,000 and used my Curve Card to pay that bill via BA Amex so should get those avios as well but that opportunity stops on 31st may of course but so does the iberia bonus which ends today so hurry up!

      Also can anyone explain how I go about transferring my IB plus Avios to my BAEC account. Just tried on IB site and it seems to want to charge me and there is a max transfer of 24,000 or am I doing the wrong thing?

  • ADS says:

    i was working this out for myself (using an interbank EUR/GBP exchange rate) – so thought i would share – hope the formatting works:

    Avios EUR GBP Pence/Avios
    2800 54.00 40.96 1.46
    5600 91.00 69.03 1.23
    11200 164.00 124.40 1.11
    16800 237.98 180.51 1.07
    21000 293.00 222.25 1.06
    28000 385.00 292.03 1.04
    33600 459.00 348.16 1.04
    49000 665.00 504.42 1.03
    56000 757.00 574.20 1.03
    63000 845.00 640.95 1.02
    70000 935.00 709.22 1.01
    77000 1027.00 779.00 1.01
    84000 1118.00 848.03 1.01
    91000 1209.00 917.06 1.01
    98000 1300.00 986.08 1.01
    105000 1390.00 1054.35 1.00
    112000 1475.99 1119.57 1.00
    119000 1564.00 1186.33 1.00
    126000 1647.00 1249.29 0.99
    133000 1729.01 1311.50 0.99
    140000 1800.00 1365.34 0.98

    I think i might purchase at the 1.04 pence per Avios level.

  • Arun says:

    “You must also have earned at least one Avios in the account before you can buy points (one easy option is a small Amex Membership Rewards transfer, or credit a flight, hotel stay or Avis rental).”

    Are you sure about this statement. Everything on the site seems to suggest that you are allowed to buy points and you are allowed to transfer points out if you have been a member for more than 90 days, even if you have 0 balance.

    I want to book a flight tomorrow on BA so I need to buy and then transfer out the Iberia avios!

  • Tai says:

    Hi all,

    If person A gifts the maximum Iberia Avios to person B (say 100,000+ 40,000 with the current bonus), can person B still buy 100,000 for himself (+40,000)? I find their T&Cs unclear in this regard.

    I would like to use my wife’s account to gift Avios to myself and then buy Avios for myself so that all Avios are in one account (I don’t’ have a household account for various reasons).
    Thanks in advance.

  • Tom says:

    Great deal! Was enough to bump up my Avois to have enough for First return using 2x 241 vouchers to the west coast USA..and in Easter hols too 🙂

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