The avios.com website is pretty thin on the ground now when it comes to redemption options. If you haven’t visited recently you might not have noticed.
One option which is still there is redeeming Avios for car hire excess insurance.
Car rentals in the UK generally come with an excess of £750 – £1,000 – that is what Hertz quoted me just before Christmas. You can pay an additional sum to get rid of this but, if bought directly from the rental company, it tends to be disproportionately expensive.
A number of internet-only companies have sprung up to offer a better alternative – Insurance4CarHire is the biggest and is well regarded. You can buy an annual or one-off policy which will cover you for any claims you need to make.
Another option is to get an American Express Platinum charge card. You get a similar policy as one of the benefits. I claimed on this twice and have been refunded by Amex on both occasions with no difficulty, although you need to fill in a few forms.
A third option is to use your Avios to pay for a policy. It covers you and up to six other people for up to 56 days of rentals per year.
An annual policy costs either 12,000 Avios or you can pay £72 and earn 360 Avios back. This means that you getting 0.58p per Avios point. You can also buy policies for individual trips.
To buy the annual policy, you need to ask the website for a quote for a short trip for random dates. You will then see two options – either to buy a policy just for those dates or to buy the annual policy.
It certainly isn’t the best value Avios redemption out there, by a long way, but if you are Avios rich and cash poor then it is something worth bearing in mind. It is certainly far better value than buying excess cover from your rental company.
Click here to learn more at avios.com.
How to earn Avios from UK credit cards (February 2024)
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:
There are two official British Airways American Express cards with attractive sign-up bonuses:
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points. These points convert at 1:1 into Avios.
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.
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.
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.
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.