It now seems clear that British Airways will not be offering any further extensions to American Express 2-4-1 companion vouchers.
The first round of voucher expiration since covid hit will take place during October. If there was any intention to extend them further then I am sure it would have been announced at the same time as the status extensions last week. The reopening of the US from November makes further extensions even less likely.
However, British Airways IS still offering a six month extension on all newly issued vouchers, which are currently 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 today:
The six month extension is only valid on 2-4-1 vouchers issued by 30th December 2021.
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 December 2021 will expire on 20th June 2024
- A 2-4-1 voucher issued on 20th January 2022 will expire on 20th January 2024
Anyone who triggers their next voucher between January and June 2022 will be worse off than someone who triggers their next voucher in late December 2021.
There could be real benefits in triggering your voucher early to get the extra six months. It would allow anyone who has a card year ending in January or February to get a voucher covering Easter 2024 for example.
What does this mean for you?
If your next British Airways Premium Plus American Express card year ends between January 2022 and May 2022, you may want to think about pushing forward spending so that you trigger the voucher before 31st December 2021.
This will maximise the life of the voucher by giving you a validity period which runs until late June 2024.
(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 31st December. They have already done this twice. However, realistically, it is difficult to see this happening given that BA is now happy to let unused 2-4-1 vouchers expire again.
Your bigger problem is how you generate the spending. There is always Billhop, reviewed here, although this is not a free service so you need to weigh up the pros and cons. Luckily we have the run up to Christmas which, whether you like it or not, is likely to see a spending boost.
If you want to learn more about how to use your 2-4-1 companion voucher, this Head for Points article published yesterday is the definitive guide on everything you need to know about the British Airways American Express 2-4-1 voucher.
How to earn Avios from UK credit cards (October 2021)
As a reminder, there are various ways of earning Avios points from UK credit cards. Many cards also have generous sign-up bonuses!
There are two official British Airways American Express cards. Both have increased sign-up bonuses until 2nd November 2021:
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points, such as:
The 30,000 points bonus on Amex Gold runs to 9th November 2021. The 60,000 points bonus on The Platinum Card runs to 2nd November 2021.
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:
You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies. This card has a limited time offer of 60,000 Avios when you sign up:
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.
(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.)