Amazing €999 (£873) Iberia business class fare to Cancun and Mexico City

Iberia has launched an amazing €999 Business Class fare between Madrid and Cancun or Mexico City.

It isn’t clear why this offer is running – I can’t see any advertising for it – which means we have no idea how long this deal will last.  The fare does not show on ITA Matrix so I cannot extract the fare rules.

We published this article on Monday afternoon. There is a chance the fare is gone if you are reading this on Tuesday.

It IS valid over Christmas at this price.

Remember that Iberia flights earn British Airways tier points and Avios.

Here is an example for August, click to enlarge:

Cancun, with a connection on Interjet in Economy, is just £852.

If you doing this for the BA tier points, you might want to start in Seville, Bilbao, Palma, Valencia or Santander via Madrid (Barcelona does not work).  This is assuming that Air Nostrum connections with an Iberia flight number earn tier points in BA Executive Club which I cannot guarantee.

Such a trip will earn 280 tier points return in British Airways Executive Club, or 320 if you start in Seville or Bilbao.  Spanish domestic flights are only 20 tier points each way in Business.

The aircraft is an Airbus A340.  This does not get the latest business class seat used on the Iberia A350 which I reviewed here.  However, I reviewed the similar Iberia A330 seat a couple of years ago and it is still very good.  It is fully flat and a 1-2-1 configuration.

If you don’t have a credit card with 0% foreign exchange fees, your best option for paying is American Express Preferred Rewards Gold which offers triple points – 3 per £1 – when you book flight tickets in a foreign currency.  This is because the transaction triggers the ‘double points for airline spend’ and the ‘double points for foreign spend’ bonuses.

Click here to visit the booking page on iberia.com and see what you can find.  For well under £900 return, plus the cost of getting to Madrid and back, you can’t go wrong.

If you’d prefer not to pay, of course, our detailed guide on how to redeem Avios on Iberia is here – it is well worth a look as there are many ‘sweet spots’ and taxes are low.

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How to earn Avios from UK credit cards (April 2025)

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:

Barclaycard Avios Plus Mastercard

Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review

Barclaycard Avios Mastercard

Get 5,000 Avios for signing up 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

30,000 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 £15,000 Read our full review

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.

SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on the ‘free for a year’ American Express Preferred Rewards Gold card is increased from 20,000 Membership Rewards points to 30,000 points. Points convert 1:1 into Avios (30,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.

SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on American Express Platinum is increased from 50,000 Membership Rewards points to a huge 80,000 points. Points convert 1:1 into Avios (80,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.

American Express Preferred Rewards Gold

Your best beginner’s card – 30,000 points, FREE for a year & four airport lounge passes Read our full review

The Platinum Card from American Express

80,000 bonus points and great travel benefits – for a large 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, and the standard card is FREE. Capital on Tap cards also have no FX fees.

Capital on Tap Visa

NO annual fee, NO FX fees and points worth 1 Avios per £1 Read our full review

Capital on Tap Pro Visa

10,500 points (=10,500 Avios) plus good benefits Read our full review

There is also a British Airways American Express card for small businesses:

British Airways American Express Accelerating Business

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

50,000 points when you sign-up and an annual £200 Amex Travel credit 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.