Get 200 bonus Avios with your first conversion of BPme Rewards points

BPme Rewards and Avios have launched a new promotion.

If you haven’t converted BPme Rewards points into Avios before, you will receive 200 bonus Avios if you make a transfer before 31st March.

The minimum transfer is just 40 BPme Rewards points, which requires the purchase of 40 litre of standard fuel, £40 of shop purchases or some combination of the two. New members will only need to buy 25 litre of fuel or spend £25 in the store in order to transfer, because this activates a sign-up bonus of 500 BPme Rewards points.

I will run over the BPmeRewards and Avios partnership for the benefit of those who haven’t used it before.

How do you join BPme Rewards?

The BPme Rewards website is here.

There is a 500 points bonus for registering.

You cannot register on the website without first visiting a BP garage. You need to pick up a temporary card and then register online using the number on the card.

However, you CAN register by downloading the BPme app to your smartphone. You receive the 500 points instantly.

The 500 points cannot be transferred out until you have earned 25 points.

Earning BPme Rewards

How do you earn BPme Rewards points?

The programme is easy to understand, which is good. Unfortunately, it isn’t exceptionally generous.

The ‘earning’ page of the website is here. You earn:

• 1 point for every litre of regular fuel purchased
• 2 points for every litre of Ultimate fuel purchased
• 1 point for every £1 spent in a BP forecourt shop

Some, but not all, fuel cards are exempt from points earning. You cannot earn in the shop if it is run by a major national brand eg Sainsbury’s, Tesco, Morrisons etc.

1 point is worth 0.5p if converted to cash, or slightly more if moved to Avios.

Is this a generous return on my spending?

No.

A typical litre of unleaded fuel in the UK costs around 150p. Assuming your local BP is charging this, you are getting a return of just (0.5p / 150p) 0.33% of your spending.

With the best will in the world, no-one gets excited about a 0.33% return on their spending.

In a BP forecourt store, you are getting a return of 0.5% on your groceries based on one point per £1.

Not only are the rewards poor but there is no gamification element. It has the same structural issue as Nectar. Your points are worth the same irrespective of how many you have, and irrespective of where you use them.

The only gamification is via the occasional special offers that BPme Rewards will email to you, or show you in the app, in return for making a particular transaction in the following days.

As with Nectar, converting your BPme Rewards points to Avios is arguably the best way of maximising value from them.

BPme Rewards and Avios

How many Avios do I get for my BPme Rewards points?

The conversion rate is 25 Avios for every 40 BPme Rewards points you convert.

How does this compare to taking cash rewards?

The standard reward deal is 200 BPme Rewards = £1.

You can use your points to pay for fuel, car washes or BP store purchases, or redeem them for gift vouchers for retailers such as Amazon. You get the same 0.5p per point irrespective.

Which is the better deal – Avios or cash?

200 BPme Rewards will get you £1 or 125 Avios.

The means that you are ‘paying’ 0.8p per Avios compared to taking a fuel discount.

This is a good deal.

My conservative spreadsheet of the value I have got from the 8+ million Avios I have spent since 2013 gets me just over 1.2p per point. It is very rare that you can pick up Avios for less than 0.8p each.

Can I set up auto-conversion?

Yes.

You can arrange a monthly auto-conversion of your BPme Rewards points to Avios. They will be moved across in chunks of 40 BPme Rewards points.

Can I convert in the other direction, from Avios to BPme Rewards?

No.

Is there a bonus for making my first transfer?

Under the current promotion, you will receive 200 bonus Avios if you make your first ever BPme Rewards conversion before 31st March.

This makes joining up now and doing one ‘fill’ attractive:

• you will receive 500 BPme Rewards points for joining
• you will receive 25 BPme Rewards points for buying the 25l of fuel required to trigger the bonus
• you can convert 525 BPme Rewards points into 325 Avios
• you would receive 200 bonus Avios for your first conversion, taking your total earnings to 525 Avios

Can I sign up to BPme Rewards, get the instant 500 points for registering and move them to Avios without going near a garage?

No.

You need to spend £25 or buy 25 litres of fuel at a BP garage to activate your BPme Rewards account to allow Avios transfers.

The upside is that BPme Rewards points post INSTANTLY – literally as soon as you have paid – so once you have bought your fuel you can immediately move your sign-up bonus points across to Avios.

Conclusion

If you’ve not joined BPme Rewards yet, you may want to consider joining up this month and taking advantage of the 200 bonus Avios for making your first transfer.

You can find out more on the BPme Rewards website here and at ba.com here.

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How to earn Avios from UK credit cards (April 2024)

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:

You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points. These points convert at 1:1 into Avios.

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: Until 12th May 2024, the Capital on Tap Business Rewards Visa card is offering a bonus of 30,000 points, convertible into 30,000 Avios. You must have a Limited Company to apply. Click here to learn more and 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.