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If you are a family traveler who wants to stretch their miles to the absolute max, you must educate yourself on Iberia Avios. They are related to British Airways Avios program, but they are a bit different, and in some situations even better, especially when they offer a sale as they are doing right now.
Use Iberia Avios to Fly One World Partners for Less
Like British Airways, Iberia utilizes Avios as their point currency and also relies on a distance based award chart. Unlike the British Airways Avios award chart, the Iberia chart calculates the distance based on the sum of all flights instead of pricing each flight segment individually. This can be very beneficial if you don’t live in a hub and have to connect to get almost anywhere.
Iberia Avios awards on American start at 11,000 Avios per round trip for very short trips of up to 600 total miles, such as Houston – Dallas – Houston. Prices only go up slightly to 12,000 Avios for round trips totaling 601 – 1,000 miles, such as Miami – Grand Cayman – Miami. Flying between 1,000 – 2,000 miles such as Houston – Dallas – Vail – Dallas – Houston would be 17,000 Avios.
Save 25% on Select Iberia Avios Award Flights
That is all ‘old but good’ information, but the new announcement about Iberia Avios is that to celebrate their new online search engine, they are awarding 25% off the number of Avios required for select flights if you book by March 18, 2018, and travel from October 1 – December 15, 2018. As a side note, I am not sure their new search engine is truly fantastic, but it is allowing me to easily price out Amercian Airlines operated awards again, so I will call that a win.
This 25% award discount is valid for all classes of travel on new bookings made via Iberia.com and Iberia Plus call centers for travel from Argentina, Mexico, Uruguay, Colombia, Chile and the United States; from/to Madrid airport for residents of those countries. The flights must be direct flights operated by Iberia with an IB6XXX code.
Fly a Family of Four to Europe in Lie-Flat Seats for 102,000 Avios + Taxes
Have you ever wanted to fly your family of four to Europe in lie-flat business class for a total of 102,000 miles plus taxes of about $102 per person? With this 25% discount, that is 102,000 Avios + just a little over $400 for your entire family of four to fly to Madrid in business class on Iberia direct from Boston, Chicago, or New York City. That is an outstanding deal, and a realistic family travel goal. Heck, if you are picked up the targeted 100,000 point Amex Platinum Offer on CardMatch™ (available to some as of March 8, 2018), that bonus on that one card would give you enough Membership Reward points to transfer at a 1:1 ratio to Iberia Avios and book your whole family once you hit the spending requirement.
Do keep in mind finding four business class awards on the exact same Iberia flight will not be easy as Iberia often releases only two business class awards at once. However, you could get lucky, or could split up two people in business, two in premium economy, or you could divide up and go on two different flights such as from JFK where there are two Iberia flights to Madrid in the evening, just four hours apart.
This 25% discount on Iberia Avios awards breaks down to business class from 25,500 Avios + about $102 in taxes/fees per person from Boston, New York, or Chicago to Madrid, or 31,900 Avios for business class from Miami.
If economy is your goal, you can fly from the first three cities listed above to Madrid for 12,750 Avios + about $78 in taxes, with Miami to Madrid ringing in at 15,950 Avios. The lowest prices quoted are only valid on their off-peak dates, which comprise the majority of the dates from October 1 – December 15, with a few exceptions.
How to Get Iberia Avios
You can transfer Iberia Avios in from the Amex Membership Rewards program or from Chase Ultimate Rewards. You can also transfer Avios from your British Airways account, as long as both accounts are 3 months old, and both have had some type of activity in them (including transfers from Amex Membership Rewards or Chase Ultimate Rewards). You can also transfer in SPG points from cards like the Starwood Preferred Guest® Business Credit Card at a ratio of 20,000 SPG points = 25,000 Iberia Avios. That means that 20,000 SPG points + taxes/fees are almost enough for a one-way lie-flat ticket across the Atlantic!
Iberia is a great program year-round, but occasionally they run sales like this that make them pretty much the best deal to cross the Atlantic with your family in business class. If you want to take advantage of 25% off the regular Iberia Avios award rate, remember to book by March 18th.
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Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.