Reward Gateway is an employee rewards platform used by many large companies to offer special deals and discounts to their staff. Over 6.5 million employees globally have access to Reward Gateway.
As well as being popular with employees, it is also popular with partners who can offload excess inventory via a private group without the deals impacting their pricing to the general public.
Some types of transaction on Reward Gateway earn reward points. Avios is now a redemption option for these points, alongside existing choices such as gift cards, Amazon credit and charity donations.
Reward Gateway, a global HR technology and employee engagement company, today announced its partnership with IAG Loyalty to add Avios to its selection of employee reward redemption options. It means that for the first time ever, employees who receive reward points or currency on their Reward Gateway platform will be able to convert their balance to Avios through the British Airways Executive Club, which can be put towards flights with British Airways, as well as upgrades, hotel stays, car hire and more.
Offering Avios on the Reward Gateway employee engagement platform strengthens the list of unique reward redemption choices, which already includes hundreds of instant e-gift cards, Amazon purchases, custom company awards and charitable giving.
Rob Boland, COO, Reward Gateway says: “Adding Avios supports what employees value most in their redemption experience: choice. Avios are an especially sought-after reward currency, helping its millions of collectors to travel to destinations all around the world. Our partnership with IAG Loyalty makes it easier than ever for employees to save on an expanded range of travel and holiday options.
Rob McDonald, CCO, IAG Loyalty says: “We’re delighted to partner with Reward Gateway and make Avios available as part of its extensive range of employee rewards. We look forward to seeing all the new ways Reward Gateway customers can take advantage of the opportunities Avios provides, whether that’s taking a short weekend trip or planning that dream destination holiday.”
It isn’t clear what the exchange rate will be, although it is very likely to work out at 1p per Avios, or perhaps just under, compared to using your rewards for gift cards or Amazon credit. You would need to make a personal decision as to whether you are willing to ‘buy’ Avios at this level, or take the money instead.
EDIT: It appears that the ‘price per Avios’ under this deal is 1.2p. This is NOT a good deal and I would recommend that you don’t cash in at this level unless you are desperate for the points and would otherwise be buying them via BA for 1.6p.
You can find out more on the IAG Loyalty website here.
How to earn Avios from UK credit cards (February 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.
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.