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Chase just announced a brand new Iberia Visa Signature Card with up to 75,000 bonus Avios points that does not seem to fall under their 5/24 restrictions. Not only that, but there is also a new Chase-issued Aer Lingus Visa Signature Card coming later this spring. These cards represent two brand new ways to earn Avios and net some related travel perks!
Earn 75,000 Bonus Avios with New Iberia Credit Card
The new Iberia Visa Signature Card just launched with a sign-up bonus that awards 50,000 Avios after $3,000 in spending within first 3 months, plus an additional 25,000 Avios after $10,000 in spending within the first year. The card awards 3x Avios per dollar spent on Iberia, Aer Lingus, British Airways, LEVEL and OpenSkies purchases. There is a $95 annual fee with this new card.
Information not provided by or reviewed by Chase.
If you use the new Iberia card to book your Iberia flights on iberia.com/chase10, you will receive a 10% discount on that ticket purchase. Big spenders who charge at least $30,000 to the card each calendar year will earn a $1,000 discount voucher code to use towards the purchase of two tickets on the same Iberia operated flight in the same class of service. The Iberia cardholder must be one of the passengers traveling on the discounted flight.
Getting Big Value from Your Iberia Avios
Within the United States, Iberia operates nonstop flights to Madrid from Boston, Chicago, Los Angeles, Miami, New York and San Francisco. They have low award fees on their own flights and offer reasonable award prices with pretty decent award availability. In fact, right now they are running a special where you can book a one-way award flight from the select US to Madrid in a business class lie-flat seat starting at just 25,500 Avios + about $102 in taxes/fees per person. To get this deal you must book by March 18, 2018, and travel from October 1 – December 15, 2018. That represents 25% off of the regular award prices, and while it won’t help those who sign-up for the card now to start collecting Iberia Avios going forward, hopefully, they will offer a similar discount again in the future.
You can also use Iberia Avios to fly on partners such as American Airlines starting at just 11,000 Avios for a round trip flight that is up to 600 miles in length. Flights that are 601 – 1,000 miles in length are just 12,000 Avios for the round trip journey. This means you could fly round trip on American Airlines from Miami – Grand Cayman – Miami for just 12,000 Iberia Avios + taxes and fees! For reference, American Airlines would want up to 30,000 miles for the exact same saver award flights.
Iberia uses a distance based award chart, but they do not charge Avios based on each segment the way that British Airways operates, but rather on the total number of miles traveled. Using Iberia Avios, I could book an award flight from Houston – Miami – Grand Cayman and back for 23,000 Avios + taxes/fees. British Airways Avios would want 7,500 Avios for each segment, for a total of 30,000 Avios for the same American Airlines operated flights.
You can transfer your Iberia Avios to British Airways Avios and vice versa if you wish, but both accounts must have been open for at least 90 days and with some activity in each account, though a transfer in from Chase Ultimate Rewards or Amex Membership Rewards should be enough to count as that required activity.
My family members are big fans of the various Avios programs and we are even flying Iberia business class to Europe later this year. Once the Aer Lingus Card launches this spring, there will have three different Avios earning cards issued by Chase (British Airways, Iberia, and Aer Lingus) available, in addition to the Ultimate Rewards earning cards that permit you to transfer Ultimate Rewards points to the various Avios programs at a 1:1 ratio.
Do you plan to go for the new Iberia Visa Signature Card and its up to 75,000 bonus Avios points?
Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.