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If you're itching to fly to (or from) Europe, we have some excellent news for you. Iberia just launched a 40% off award promotion for flights through September 30, 2026. You can use this promotion to fly to Europe for as few as 9,600 Avios in basic economy.
Although this sale runs through June 29, 2026, you'll want to act fast to confirm availability. Here's everything you need to know about Iberia's Avios award sale.
Fly To or From Europe for as Few as 9,600 Iberia Avios
Iberia's latest award promotion offers a straightforward deal: 40% off economy awards between Madrid and select U.S. gateways. This sale applies to flights between Madrid (MAD) and Boston (BOS), New York (JFK), Newark (EWR), and Washington, D.C. (IAD).
That simplicity is worth noting. Iberia award sales are often frustratingly inconsistent, with different discounts by route, cabin, direction, and even departure city. This time, the promotion is much easier to understand: eligible economy awards between Madrid and the four listed U.S. airports are all exactly 40% off.
Because Iberia uses a distance-based award chart, these routes price predictably. All four eligible U.S. routes fall into the same 3,001–4,000-mile distance band, where economy awards normally cost:
- 16,000 Avios one-way on off-peak dates
- 19,500 Avios one-way on peak dates
With the 40% discount, that drops pricing to:
- 9,600 Avios one-way on off-peak dates
- 11,700 Avios one-way on peak dates
The catch is that much of the eligible travel window falls during Iberia's peak pricing calendar. So while the 9,600-Avios price is possible, you'll likely find more dates pricing at 11,700 Avios — especially for summer travel. Still, that's an excellent rate for a nonstop transatlantic flight, particularly after Iberia's award chart devaluation last year.
Key terms
- Promotion is valid for bookings made through June 29, 2026.
- Eligible travel dates run through September 30, 2026.
- Awards can be booked one-way or round-trip.
- Taxes and fees are not discounted.
- The promotion does not apply to Vueling or Level flights.
How to Book an Award Flight Through Iberia
To take advantage of this promotion, you'll want to visit Iberia's website, log in to your account, and enter your flight details.
Iberia's website is notoriously finicky, so be patient if you don't see any availability — you might just need to change your dates. The discount will automatically be reflected in the advertised fare, so you don't need to do anything special to book a sale award.
Here's what this looks like. You can fly from Boston, New York, or Washington to Madrid for as few as 9,600 Avios:
You'll find the best availability at these rates in the second half of September. However, even if you book a last-minute getaway to spend July in Madrid, 11,700 Avios for a transatlantic flight isn't anything to scoff at:
Need Iberia Avios? Start Here
If you don’t have enough Avios for a redemption, you can transfer American Express Membership Rewards, Bilt Rewards Points, Chase Ultimate Rewards, and Wells Fargo Rewards to Iberia Club at a 1:1 ratio. Or, you can transfer Marriott Bonvoy points to Iberia Avios at a 3:1 ratio, with a 5,000-Avios bonus for transferring 60,000 Bonvoy points.
That means you can essentially earn Avios points by using the following cards — and then transferring the points to Iberia:
$325Rates & Fees
(Terms apply)
- 4X Membership Rewards® points at restaurants worldwide, plus takeout and delivery in the U.S. (on up to $50,000 per year in purchases, then 1X)
- 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per year in purchases, then 1X)
- 5X Membership Rewards® points on prepaid hotels booked on amextravel.com
- 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com
- 2X Membership Rewards® points on prepaid car rentals booked through amextravel.com
- 2X Membership Rewards® points on cruises booked and paid through amextravel.com
- 1X on other eligible purchases
$95Rates & Fees
- 5X points on Lyft rides through September 2027
- 5X points on travel purchased through Chase Travel℠
- 3X points on dining at restaurants worldwide
- 3X points on gas and EV charging
- 3X points on vacation homes at top brands like Airbnb, Vrbo and more
- 3X points on eligible streaming services
- 3X points on online grocery purchases (excluding Target, Walmart, and wholesale clubs)
- 2X points on all other travel
- 1X point per dollar spent on all other purchases
$95Rates & Fees
- 5X points per $1 spent with hotels
- 4X points per $1 spent with airlines
- 3X points per $1 spent on other travel and restaurants
- 1X points per $1 spent on other purchases
Keep in mind that you can also easily transfer your Avios between Avios-earning accounts. If you have a few thousand points sitting in your British Airways, Qatar, and Aer Lingus accounts, you can quickly transfer them to your Iberia account, and you might have enough for a round-trip ticket.
Related: The Best Credit Cards for Earning Avios
Final Thoughts
Simply put, this is a fantastic deal for award travel to Europe. Iberia already offers great award pricing on off-peak award flights between the U.S. and Europe. After taking up to 40% off these rates, these award prices are even better.
You'll want to act fast — although you can technically book your flight until June 29, 2026, you should book as soon as possible to lock in availability. Note that the sale is valid for flights through September 30, 2026, so you can get a jump on planning your summer travel.
For rates and fees of the cards mentioned in this post, please visit the following links: American Express® Gold Card (Rates & Fees), and Chase Sapphire Preferred® Card (Rates & Fees)
