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An interesting day – Iberia Plus will reveal its new status system

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Today is an interesting day for anyone who has been impacted by the changes to the British Airways Executive Club status system.

Iberia Plus will be announcing the changes to its programme this afternoon.

Because of the way the IAG frequent flyer schemes link together, this has the potential to throw the cat among the pigeons in the UK.

Iberia Plus will reveal its new status system

We don’t know what is coming. However, it seems likely that whatever Iberia announces will not come into effect until next year.

This means that you may get a one year window where you could credit British Airways flights to Iberia Plus and earn status relatively easily.

The second issue is more important.

It will be very difficult for Iberia to have the same spending targets for status as British Airways.

Gold for €24,000, the equivalent of £20,000? The average salary in Spain is only €29,000. Using American Express Platinum as another example, the Spanish version requires a salary of €30,000 vs £35,000 here.

But if Iberia sets a Gold threshold at, say, €20,000, it will be a no-brainer for British Airways Executive Club members to start crediting their flights to Iberia Plus. Would Iberia try to insist that a Gold member must also do a certain number of IB-coded flights to put British Airways flyers off?

There’s one interesting quirk ….

You will remember that British Airways snuck out its announcement on 30th December because it hoped no-one would notice.

Iberia, intriguingly, has invited selected top tier members to its head office in Madrid to hear the announcement. If it is planning to ‘fire’ the majority of its elite members, as British Airways is doing, surely you wouldn’t invite them around to tell them to their face?!

We’ll do an article tomorrow on what is happening and how, if at all, it should impact what you do with your British Airways flights.


How to earn Avios from UK credit cards

How to earn Avios from UK credit cards (March 2025)

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:

Barclaycard Avios Plus card

Barclaycard Avios Plus Mastercard

Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review

Barclaycard Avios card

Barclaycard Avios Mastercard

Get 5,000 Avios for signing up and an upgrade voucher at £20,000 Read our full review

There are two official British Airways American Express cards with attractive sign-up bonuses:

British Airways American Express Premium Plus

30,000 Avios and the famous annual 2-4-1 voucher Read our full review

British Airways American Express

5,000 Avios for signing up and an Economy 2-4-1 voucher for spending £15,000 Read our full review

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.

American Express Preferred Rewards Gold

Your best beginner’s card – 30,000 points, FREE for a year & four airport lounge passes Read our full review

The Platinum Card from American Express

80,000 bonus points and great travel benefits – for a large fee Read our full review

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, and the standard card is FREE. Capital on Tap cards also have no FX fees.

Capital on Tap Visa

NO annual fee, NO FX fees and points worth 1 Avios per £1 Read our full review

Capital on Tap Pro Visa

10,500 points (=10,500 Avios) plus good benefits Read our full review

There is also a British Airways American Express card for small businesses:

British Airways American Express Accelerating Business

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

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.

American Express Business Platinum

Up to 120,000 points when you sign-up and an annual £200 Amex Travel credit Read our full review

American Express Business Gold

Up to 60,000 points sign-up bonus and FREE for a year Read our full review

Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.

Comments (154)

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  • sigma421 says:

    Also assuming that the Amex deal works the same way (big assumption I know), that would suggest it’s £25k of spend as a lot of us have suspected. Big difference seems to be that BA is happy to make the climb to Gold extremely hard and isn’t including other earning methods (I’d make the 2,500 extremely easily if Nectar and eShop points counted).

  • Zack says:

    The first news has already made it out – it’s now “Club” (where have I heard that before) Iberia Plus.

    Same thresholds as BA, but in euros – OWR at 3500 euros, OWS at 7500 eur, OWE at 20000 eur. OWE now one year instead of two for Iberia, but they are introducing a new level of OWE worth two years at 30000 eur.

  • daveinitalia says:

    I don’t the changes were too bad and could have been a lot worse.

    Some of the nice things for Iberia cardholders:
    – The number of segments to get ruby or sapphire are now lower (20 and 40 respectively)
    – There’s now an option to qualify for emerald in segments, although it’s quite high at 90
    – 1 point per Euro spend, plus the bonuses based on fare class are listed as part of the scheme and not a limited time offer
    – for spend on Iberia partners, including their online store, every 10 Avios earned will get one tier point
    – They have credit cards too in Spain which will earn Avios and therefore also tier points

    It’s quite possible some people will be better off under this scheme, particularly if they already collect Avios from other sources. The BA scheme, as initially announced, was almost purely revenue except for a few TP from Amex.

  • Charlie says:

    OWS 40 segments. OWE 90 segments or OWS 7,500 points (back of matchbox calculation looks like around 50% cash rate due to bonus points in biz. e.g: spend £350 return in short haul, and you’ll receive 700 points); OWE 20,000 points (again, probably around £10,000 when bonuses are considered).

  • NickW says:

    I qualified for IB’s Platino (OWE) status just this week.
    In theory at least I should have this status until March 2027 (2 years)
    I am a UK citizen resident in Spain for 17 years.
    Obviously I was very nervous about what was going to be announced today.
    The initial headline of 20K Euros to attain/retain Platino was the expected bomb.
    However when digging into the details, it is not actually too bad for someone like me.
    I already earn Avios via Iberia Icon CC, Endesa (electricity), Repsol (car fuel), Melia Hotels.
    The site specifies that up to 30% of all this ie. 6,000 (at 10-1)in my case can go to the new Elite Points.
    Also, the net spend on flights is enhanced by the Extra Elite Points on offer according
    to the ticket type.
    So instead of thinking that I need to spend 20K net on flights, it is actually considerably less.
    The final good news for me personally is that they are going to honour the 2 year status for newly qualified Platinos (ie. <March 31 2025) so I have a free year in which to get my strategy in place.
    I think IB have been quiet clever in offering many EP earning streams to residents of Spain. Not good news to the UK based BAEC members who might have entertained the idea of switching to IB of course, but all in all to us here, it could definitely have been much more painful.

  • RogerWilco says:

    Meanwhile over at AY:

    OWS with ca 4-5k net spend
    OWE with ca 9-10k€ net spend (depends on your current status, for Plats it 9x)
    Earning on non-AY tix are in most cases even better, distance/fare bucket/status multiplier based.

    Avios can be converted to TP at 3:1 rate. As local CC gives 1 Avios/€, one can say you earn at least 1TP/3€ spend up until half of your current level’s TP requirement.

    Avios transfers to BA (and from there to IB, QR) are free and instant.

    • ayearinmx says:

      That’s who I chose to go with, based on the research I did, it worked out better for me, and completely unplanned, my calendar year works out really well on my Finnair account. Although this IB option does look decent

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