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:
And to Cancun, with a connection on Interjet in Economy, at 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.
This 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.
How to earn Avios from UK credit cards (January 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:
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points, such as:
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.
If you have a small business, we especially recommend Capital On Cap’s Visa card which comes with a generous bonus worth 10,500 Avios:
(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.)