Buy Avios from 0.85p in new Iberia Plus promo

Until 31st December, Iberia Plus is offering a 50% bonus when you transfer your Iberia Plus Avios points to another member.

This offers an interesting opportunity to pick up a few cheap Avios points and may also allow you to consolidate Avios from other family members into your account.

As usual, you can only take part in this offer if you have an ACTIVE Iberia Plus account.  This means that your Iberia Plus account is 90 days old and has earned 1 Avios point.  If you do not have an Iberia Plus account, I strongly recommend you open one now and get 1 point into it (an Amex Membership Rewards transfer, for example) so you are able to take part in future Iberia offers.

This is how the deal works:

You need to go to this page of the Iberia website and click on ‘Transfer’.  If you are not logged in, you may need to log in first and then click this link again.

The pricing goes up in chunks so I have only shown the most attractive option at each price level:

Transfer 6,000 Avios – receiver gets 9,000 Avios = €30 fee (£25, 0.85p each)

Transfer 12,000 Avios – receiver gets 18,000 Avios = €75 fee (£63, 1.0p each)

Transfer 18,000 Avios – receiver gets 27,000 Avios = €115 fee (£97, 1.0p each)

Transfer 24,000 Avios (max) – receiver gets 36,000 Avios = €160 fee (£135, 1.1p each)

If I wanted to do this, this is how it would go:

I would use ‘Combine My Avios’ to move 6,000 Avios from my ba.com or avios.com account to my iberia.com account

I would pay €30 to transfer 6,000 Avios into the Iberia Plus account of my wife, effectively paying 0.8p for each of 3,000 ‘new’ Avios created

My wife would use ‘Combine My Avios’ to move 9,000 back from Iberia Plus into her avios.com or ba.com accounts

This deal won’t work for many people because it requires both you and your partner to have active Iberia Plus accounts.  If you do qualify, however, it is worth a look – even if you only buy 3,000 Avios for £25 by taking the cheapest option listed above.

Thanks to Chris.