Aegean was offering 5,000 of its own miles for free just for signing up. The miles posted immediately.
The reason this was interesting to us is that you can convert Aegean Miles+Bonus miles into Accor Live Limitless points at 4:1. You can convert Accor Live Limitless points into Iberia Plus Avios at 1:1. This meant that you could turn the 5,000 free sign-up miles into 1,000 Avios.
It was a relatively harmless bit of fun from the Avios perspective. However, Aegean had a bigger problem. Miles+Bonus allows miles to be transferred between members for a nominal fee.
It appears that some people (not HfP readers, as the rules had already changed) had been opening tens if not hundreds of Aegean accounts and paying the small sum needed to move the miles. They were ending up with huge mileage balances which could be redeemed across all 26 Star Alliance airlines.
Aegean has pulled the plug – and you are impacted
By the time I wrote about the offer, Aegean had changed the rules. You received 1,000 miles immediately and the remaining 4,000 miles on 15th December (ie today).
This bought them some time to think.
Today, the extra 4,000 miles posted to your account. If you take a look, you will see that you now have 5,000 Aegean Miles+Bonus miles.
But take a look at this …..
The following message has appeared on the Aegean website:
“Update on the terms of the program
We would like to inform you that as of 15.12.2020 the terms of the program will be updated. More specifically, Miles+Bonus members that haven’t registered at least 1 flight with AEGEAN, Olympic Air or Star Alliance in their Miles+Bonus account, and are not AEGEAN Bonus Visa or AEGEAN Visa Cyprus cardholders, they will not be able to redeem Miles on non-air partners, but also they will not be able to transfer miles to other members.”
What does this mean?
It means that you won’t be able to get your 1,000 Avios via Accor Live Limitless until you have credited a Star Alliance flight to your Aegean account.
To be fair, this is not a massively stretching goal. Most of us will have the occasional flight on Lufthansa, SWISS, Austrian, United, ANA, TAP etc and the miles often get wasted.
If you credit your next one to your Aegean account, it will unlock your Avios or 1,000 Accor Live Limitless points.
Some you win …..
…… and some you lose. You still have enough Aegean Miles+Bonus miles for a free one-way domestic redemption inside Greece, if nothing else.
How to earn Avios from UK credit cards (January 2023)
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:
SPECIAL OFFER: Until 21st February 2023, the sign-up bonus on the British Airways Premium Plus American Express card is increased to 35,000 Avios from 25,000 Avios. You can apply here.
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points.
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.
SPECIAL OFFER: Capital On Tap has increased its sign-up bonus to points worth 30,000 Avios if you apply by 4th February. This is exclusive to Head for Points readers. Click here to apply.
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.