This didn’t just apply to unused vouchers. The extension was also applied to used vouchers too, so if you end up cancelling an existing redemption flight you will still have an extra six months to rebook.
The ‘six months extension’ rule also applies to all newly issued vouchers which will be valid for 2.5 years (or 1.5 years if generated on the free BA Amex card).
Here is the interesting point I wanted to flag again today:
The six month extension is only valid on 2-4-1 vouchers issued by 30th June 2020.
This creates a situation where it may be advisable to trigger your next 2-4-1 voucher early.
Let me explain:
A 2-4-1 voucher issued on 20th June 2020 will expire on 20th December 2022
A 2-4-1 voucher issued on 20th July 2020 will expire on 20th July 2022
Anyone who triggers their next voucher in July, August, September, October, November or early December 2020 will be worse off than someone who triggers their next voucher in late June 2020.
There could be real benefits in triggering your voucher early to get the extra six months. If you have kids and your card year ends in August or September, for example, triggering your voucher in June 2020 would cover you for the half-term holidays in October 2022. If you don’t trigger your voucher until August 2020 or September 2020 it won’t – it will expire in August 2022 or September 2022 respectively.
What does this mean for me?
If your next British Airways Premium Plus American Express card year ends between July and December, you may want to think about pushing forward spending so that you trigger the voucher later this month.
This will maximise the life of the voucher by giving you a validity period which runs until late December 2022.
(Remember that the expiry date is the date by which you must take your outbound flight and not the deadline to book.)
Of course, British Airways could change the rules again and continue to grant extensions beyond 30th June. This seems a little unlikely at present, however, given that we are slowly returning to some sort of normality.
Your bigger problem is how you generate the spending given that your personal expenditure is probably minimal at the moment! There is always Billhop, reviewed here, although this is not a free service so you need to weigh up the pros and cons.
If you want to learn more about how to use your voucher now you have the extension, this Head for Points artice is the definitive guide on everything you need to know about the British Airways American Express 2-4-1 voucher.
Want to earn more points from credit cards? – January 2021 update
If you are looking to apply for a new credit or charge card, here are our January 2021 recommendations based on the current sign-up bonus.
British Airways American Express
5,000 Avios for signing up, no annual fee and a companion voucher for spending £20,000 Read our full review
British Airways American Express Premium Plus
25,000 Avios and the UK’s most valuable credit card perk – the 2-4-1 companion voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
30,000 points and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
15,000 points bonus and the most generous non-Amex for day to day spending Read our full review
Earning miles and points from small business cards
If you are a sole trader or run a small company, you may also want to check out these:
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
British Airways Accelerating Business American Express
Earn both Avios and BA On Business points with your business spending Read our full review
Capital On Tap Business Rewards Visa
The most generous Avios Visa or Mastercard for a limited company Read our full review
Disclaimer: Head for Points is a journalistic website. Nothing here should be construed as financial advice, and it is your own responsibility to ensure that any product is right for your circumstances. Recommendations are based primarily on the ability to earn miles and points and do not consider interest rates, service levels or any impact on your credit history. By recommending credit cards on this site, I am – technically – acting as a credit broker. Robert Burgess, trading as Head for Points, is regulated and authorised by the Financial Conduct Authority to act as a credit broker.