Iberia Plus Selling Avios With 50% Bonus

Iberia Plus Selling Avios With 50% Bonus

50% bonus on purchased Avios

Starts: September 29, 2022
Ends: October 3, 2022Last chance!
Deal History
50% bonus on purchased Avios September 29, 2022 October 3, 2022
50% bonus on purchased Avios June 15, 2022 June 24, 2022
50% bonus on purchased Avios November 3, 2021 November 12, 2021
50% bonus on purchased Avios July 7, 2021 July 13, 2021
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Buying airline points strategically can make a lot of sense, especially for first and business class redemptions, where redeeming points represents a disproportionately good deal. Iberia Plus is currently offering an excellent bonus on purchased points, which some people might find to be worthwhile.

Promotion on purchased Iberia Plus Avios

Through Monday, October 3, 2022, Iberia Plus is offering a 50% bonus on purchased Avios. With this promotion, you can receive a 50% bonus if you buy anywhere between 2,000 and 200,000 Avios in one transaction.

Buy Iberia Avios with a 50% bonus

How much does it cost to purchase Iberia Avios?

With Iberia Plus, the cost to purchase Avios varies based on how many you buy, even without any promotions — the more Avios you buy, the lower the cost per Avios. Under normal circumstances, Iberia Plus charges as little as 1.8 cents (in EUR) per Avios, before factoring in any bonuses or discounts.

One major thing to be aware of is that the pricing for purchasing Avios varies significantly based on where your account is registered. For example, with this 50% bonus offer:

  • If you bought 300,000 Avios (including the bonus) in USD you’d pay $5,523; that’s a cost of 1.84 cents (in USD) per Avios
  • If you bought 300,000 Avios (including the bonus) in EUR you’d pay €3,601, which is ~$3,490; that’s a cost of 1.16 cents (in USD) per Avios

Unfortunately there’s a catch. Back in the day you could purchase Avios in EUR even if your account was registered in the United States, while nowadays that doesn’t seem to be possible anymore. So as you can tell, this offer represents a much better value if your account is registered in the European Union rather than the United States.

How many Iberia Avios can you purchase?

Iberia Plus lets you purchase up to 200,000 Avios per account per calendar year, before factoring in any bonuses.

Buy up to 200,000 Iberia Avios per year

Which credit card should you buy Iberia Avios with?

Iberia Plus Avios purchases are processed by points.com, meaning they don’t count as an airfare purchase for the purposes of credit card spending. Therefore I’d recommend using a card on which you’re trying to reach minimum spending, or otherwise, a credit card that maximizes your return on everyday spending.

In this case the best option is the Capital One Venture Rewards Credit Card (review), which offers 2x miles and has no foreign transaction fees. Usually the Chase Freedom Unlimited® (review) or Citi® Double Cash Card (review) would also be good options for maximizing everyday spending, but the cards have foreign transaction fees, so wouldn’t be a good option in this case.

Citi® Double Cash Card
Learn More Terms Apply.
  • Earn 1% cash back when you make a purchase, earn 1% cash back when you pay for that purchase
  • $0
Chase Freedom Unlimited®
Learn More Terms Apply.
  • Earn 3% Cash Back on Dining
  • Earn 3% Cash Back at Drugstores
  • Earn 1.5% Cash Back On All Other Purchases
  • $0
Capital One Venture Rewards Credit Card
Learn More Terms Apply.
  • Earn 2x Venture miles on every purchase
  • No Foreign Transaction Fees
  • Global Entry/TSA Pre-Check Credit
  • $95
Capital One Venture X Rewards Credit Card
Learn More Terms Apply.
  • Earn 2x Venture miles on every purchase
  • No Foreign Transaction Fees
  • 10,000 bonus miles every account anniversary
  • $395
The Blue Business® Plus Credit Card from American Express
  • 2x points on purchases up to $50k then 1x
  • Access to Amex Offers
  • No annual fee

Is buying Iberia Plus Avios worth it?

Generally speaking I’d consider buying Iberia Plus Avios for one of two reasons — you want to redeem them for travel on Iberia, or you want to transfer them to British Airways Executive Club. Redeeming Avios for long haul flights on Iberia is an exceptional value.

For example, you can redeem for a one-way off-peak business class ticket from Chicago or New York to Madrid for just 34,000 Avios. This is an amazing deal, and transatlantic off-peak business class awards are my single favorite use of Iberia Avios.

Redeem Iberia Plus Avios for business class flights

You could also redeem Iberia Avios on any oneworld partner airline, like American Airlines. This could be a great deal for domestic flights within the United States, for example. However, in general Iberia’s program has more restrictions than British Airways’ program when it comes to those redemptions, which is why I generally recommend transferring Avios to British Airways for free.

Tip: Transfer Avios to British Airways

While there are some good uses of Iberia Avios, you can also transfer Avios between British Airways Executive Club and Iberia Plus, assuming you’ve had both accounts open for at least 90 days, and the accounts have some activity. Therefore this is potentially a good opportunity to buy British Airways Avios at a discount as well (though just make sure you’re aware of the restrictions on transfers).

Note that you can also transfer Iberia Plus Avios to Aer Lingus AerClub Avios or Qatar Airways Privilege Club Avios.

See this post for more on ideas for redeeming Avios.

Redeem Avios for travel on American Airlines

How much are Iberia Avios worth?

Everyone will value points currencies differently, but personally I value Iberia Plus Avios at ~1.3 cents each. However, I tend to value points pretty conservatively, and there are many ways to get way more value from Iberia Plus Avios than that.

Iberia Plus Avios are valuable for redemptions on Iberia

Do Iberia Avios expire?

Iberia Plus Avios expire after 36 months of inactivity. Any account activity that includes earning or redeeming Avios would reset the expiration of your points, so it should be pretty easy to keep them alive.

What other ways can you earn Iberia Avios?

While I think there’s a lot of value to be had with Avios, do keep in mind that there are quite a few ways to earn Avios with US credit cards. Iberia Plus is transfer partners with Amex Membership Rewards and Chase Ultimate Rewards.

On top of that, there are three credit cards issued in the US that earn Avios, and they even have phenomenal welcome bonuses:

You can find a detailed comparison of the three cards here.

Aer Lingus Visa Signature® Card
Learn More Terms Apply.
  • 3x Avios points on Aer Lingus
  • Annual Companion Certificate
  • Priority Boarding on Aer Lingus Flights
  • $95
British Airways Visa Signature® Card
Learn More Terms Apply.
  • 3x Avios per dollar spent on purchases with British Airways
  • 10% Discount on British Airways Flights
  • Reward Flight Statement Credit
  • $95
Iberia Visa Signature® Card
Learn More Terms Apply.
  • 3x Avios per dollar spent on purchases with Iberia
  • 10% Discount on Iberia Flights
  • Iberia $1,000 Flight Discount Voucher
  • $95

Bottom line

Iberia Plus is offering a 50% bonus on purchased Avios, which has the potential to represent a solid deal. You could be purchasing Avios for as little as 1.16 cents (in USD) each if you have an account registered in the European Union, which is potentially an amazing deal.

There are some unique uses of Iberia Avios, or alternatively you can transfer them to British Airways, assuming you’ve had both accounts open for at least 90 days.

Do you plan on purchasing Iberia Avios with a 50% bonus?

Conversations (4)
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  1. glenn t Diamond

    Changing your address to a EU country for buying IB miles does not work per se. As your IB, BA and Qatar accounts are now connected you would need them to all have the same address.
    An EU VPN would also be necessary too I guess. None of the above is infallable.
    As someone not in a EU country, GB or the US, my payment default option is (peversely) $US, which is a...

    Changing your address to a EU country for buying IB miles does not work per se. As your IB, BA and Qatar accounts are now connected you would need them to all have the same address.
    An EU VPN would also be necessary too I guess. None of the above is infallable.
    As someone not in a EU country, GB or the US, my payment default option is (peversely) $US, which is a giant no-no for buying anything right now. With the British pound being an epic train-wreck, I would love to be able to use that currency!

  2. Airfarer Diamond

    I have an account based in the UK but would pay with my dollar card. Would that work?
    Not that I'm a fan of IB, haven't flown them in a decade, but I could use a few more BA miles.

  3. Nun Guest

    The trick of changing the country setting doesn't work, and it stopped working in the previous points sale. I just tried again to be sure. To buy in Euros you need to change your IB account address. Would like to find out there's an easier way though.

  4. Anxios to Travel Guest

    Ben, please try buying some Avios through this promotion charged as Euros as you suggest in order to see if you can get it to work. I know that this used to be possible, but I don't believe that this is anymore if you have a US-registered account, and this has been the case for a while now. The last time the promotion was available, back in June, I spent a fair amount of time...

    Ben, please try buying some Avios through this promotion charged as Euros as you suggest in order to see if you can get it to work. I know that this used to be possible, but I don't believe that this is anymore if you have a US-registered account, and this has been the case for a while now. The last time the promotion was available, back in June, I spent a fair amount of time trying to buy Avios in Euros, including using VPNs into several European countries, but I eventually gave up. I think that you'd have to change the address in your Iberia Plus account to somewhere in a Eurozone country, which may be possible and even semi-legitimate in your case, with a German passport and family over there, but I wasn't about to try that myself. If you are still able to make this work and I'm missing something obvious, I'm probably not the only one, and a more detailed write-up of the process could be useful.

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The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

glenn t Diamond

Changing your address to a EU country for buying IB miles does not work per se. As your IB, BA and Qatar accounts are now connected you would need them to all have the same address. An EU VPN would also be necessary too I guess. None of the above is infallable. As someone not in a EU country, GB or the US, my payment default option is (peversely) $US, which is a giant no-no for buying anything right now. With the British pound being an epic train-wreck, I would love to be able to use that currency!

0
Airfarer Diamond

I have an account based in the UK but would pay with my dollar card. Would that work? Not that I'm a fan of IB, haven't flown them in a decade, but I could use a few more BA miles.

0
Nun Guest

The trick of changing the country setting doesn't work, and it stopped working in the previous points sale. I just tried again to be sure. To buy in Euros you need to change your IB account address. Would like to find out there's an easier way though.

0
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