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This Iberia buy Avios promotion has ended. However, you can still buy Iberia Avios here.
Now through August 8, 2025, Iberia Club loyalty members can buy Avios with a 50% bonus. When maximized, U.S. account holders can grab Avios for as little as 1.54¢ each. There are several ways to use Avios for fantastic value, so it's worth weighing this new offer in the context of your future travel plans.
Since most AwardWallet members live in the United States, all pricing mentioned will be in USD. While the pricing for U.S. account holders is slightly more if you purchase with Euros (EUR) or Great British Pounds (GBP), we will use the 1.54¢ per Avios value for all examples.
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A Note on Buying Iberia Avios
We never recommend buying miles speculatively. Programs can devalue at any time, long-term travel plans can change, and the last thing anybody needs is a substantial investment in a currency they can't use. That said, there are a few circumstances where buying points and miles could represent terrific value, especially when they're on sale.
If you only need a few more points to make a redemption, buying points can be the simplest and fastest way to get over the threshold. Moreover, if you're considering paying a cash rate for a premium-class product or a particularly expensive route, it may be possible to save money by buying the necessary points for an award redemption instead. In either case, it's best to have a plan before purchasing.
Key Terms for This Buy Iberia Avios Promotion
- Promotion valid on Avios purchases made through August 8, 2025, at 11:59 p.m. CET.
- Buy at least 2,000 Avios to receive the 50% bonus.
- Iberia loyalty members may purchase a maximum of 100,000 Avios (150,000 with the bonus) per transaction.
- Iberia Plus members can purchase a maximum of 200,000 Avios per year.
- Bonus Avios do not count towards the annual limit.
- Purchased Avios are non-refundable.
- Avios purchases are processed in Euros, Great British Pounds, or U.S. Dollars, depending on the registered country of the Iberia Plus account.
- You usually cannot purchase Avios if your current balance is zero Avios, so you may have to transfer some Chase Ultimate Rewards (transfers are typically immediate) to your account in order to make a purchase.
- Check out all the terms and conditions here.
Be aware, the wording for this promotion can be slightly deceiving. Although members will receive 50% bonus Avios regardless of how many are purchased, the cost per Avios decreases ever so slightly the more you buy — so the more you buy, the better the value.
All three account types (U.S., U.K., and EU) will receive the best price per Avios when purchasing 100,000 Avios (150,000 including the bonus).
Purchase Iberia Avios with U.S. Dollars for the best rate
The rate for buying Iberia Avios depends on the country where your Iberia Plus account is registered. That means the cost per Avios will be better in one country than the others. That country (this time) happens to be the U.S. — but not by much. Here are how the prices break down for each currency ($1 USD = 0.88 EUR and $1 USD = 0.76 GBP):
- 150,000 Avios (with bonus) in USD = $2,315 (1.54¢ per Avios)
- 150,000 Avios (with bonus) in EUR = €2,135 (equal to $2,436 USD which is 1.62¢ per Avios)
- 150,000 Avios (with bonus) in GBP = £1,779 (equal to $2,348 USD which is 1.57¢ per Avios)
The purchase rates below are in USD:
When Does Buying Iberia Avios Make Sense?
Finding tons of value in Iberia's Avios program is possible as long as you know where to look — despite a recent devaluation. Some of our favorite uses for Avios are on off-peak Iberia flights in business class across the Atlantic and long-haul partner flights in business class.
Let's look at some of these sweet spots to see if you can save money by buying Avios instead of paying the cash rate for a flight.
Boston — Madrid in Iberia business class
- Mileage rate: 81,000 Avios + $286.61 round-trip
- Cash price: $4,580 round-trip
- Redemption rate: 5.3¢ per Avios
- Cost to purchase 90,000 Avios (at 1.55¢ each): $1,399
- Cost to purchase exactly 81,000 Avios (at optimal 1.54¢ each): $1,247
In other words, you'll save a bundle by purchasing Avios to make this booking, provided you can find off-peak award space.
Miami — Doha in Qatar Airways Qsuites
- Mileage rate: 70,000 Avios + $100 one-way
- Cash price: $11,400 round-trip
- Redemption rate: 8¢ per mile
- Cost to purchase 75,000 Avios (at 1.56¢ each): $1,169
- Cost to purchase exactly 70,000 Avios (at optimal 1.54¢ each): $1,078
There's no better way to fly than in a Qatar Airways Qsuite. If you pay with your travel rewards card, these tickets are expensive — think $11,400 for a round-trip ticket! Buying Avios can help you unlock these redemptions for a fraction of the cash price.
Chicago — Hong Kong in Cathay Pacific business class
- Mileage rate: 108,250 Avios + $29 one-way
- Cash price: $6,430 round-trip
- Redemption rate: 2.94¢ per mile
- Cost to purchase 120,000 Avios (at 1.55¢ each): $1,855
- Cost to purchase exactly 108,250 Avios (at optimal 1.54¢ each): $1,667
If you’ve ever wanted to try Cathay Pacific business class, this redemption stands out for a couple of reasons.
First, Cathay Pacific business class award space is notoriously hard to find — but you can book it through Iberia. This example is for travel in July 2026, which is farther out than most programs allow, and these awards get snapped up quickly. That’s why you might struggle to find availability through other partners. Second, buying the miles for this redemption can cost significantly less than paying the high cash fare.
Iberia Buy Avios History
From 2020 through 2023, Iberia was good for three or four buy-Avios promotions a year. But nowadays, it appears that Iberia has moved to offering a single sale annually!
And while most of the promotions reflect a 50% bonus, the per-Avios cost varies due to the changes in the exchange rate. The minimum cost-per-Avios value reflects the best rate members can get between the U.S., U.K., and European markets — which usually is the European market (except for this time…) when all is said and done:
| Promotion Ended | Max Bonus/Discount | Min Cents per Avios | Max Purchase Amount (w/ Bonus) |
|---|---|---|---|
| 2024-08-08 | 50% Bonus | 1.54 | 150,000 |
| 2024-08-05 | 25% Bonus | 1.83 | 125,000 |
| 2023-10-31 | 25% Bonus | 1.72 | 250,000 |
| 2023-08-22 | 50% Bonus | 1.5 | 300,000 |
| 2023-05-25 | 50% Bonus | 1.29 | 300,000 |
| 2023-02-22 | 50% Bonus | 1.29 | 300,000 |
| 2022-12-23 | 50% Bonus | 1.28 | 300,000 |
| 2022-10-03 | 50% Bonus | 1.17 | 300,000 |
| 2022-06-24 | 50% Bonus | 1.26 | 225,000 |
| 2021-11-12 | 50% Bonus | 1.39 | 300,000 |
| 2021-07-13 | 50% Bonus | 1.46 | 300,000 |
| 2021-03-01 | 50% Bonus | 1.5 | 300,000 |
| 2020-11-06 | 45% Bonus | 1.46 | 290,000 |
| 2020-08-31 | 50% Bonus | 1.43 | 300,000 |
| 2020-08-27 | 50% Bonus | 1.43 | 300,000 |
| 2020-06-30 | 50% Bonus | 1.3 | 300,000 |
Maximizing Your Iberia Avios Purchase
Avios.com is the new website where you'll purchase Iberia Avios, so these transactions aren't processed by Iberia itself. Therefore, the purchase won't code as travel if you use one of the best credit cards for travel purchases. Instead, use one of these credit cards:
- Any credit card where you're working on a sign-up bonus. These are the best welcome offers available right now.
- Any credit card with perks you can unlock from spending, such as hotel free night awards, hotel elite status, or airline elite status.
- Your best credit card for everyday spending, such as the Capital One Venture Rewards Credit Card or Bank of America® Premium Rewards® credit card.
If you happen to make a purchase in EUR or GBP, make sure you're using a card with no foreign transaction fees.
Related: Which Credit Card Should You Use to Buy Points and Miles?
Other Ways to Earn Iberia Avios
One of the easiest (and cheapest) ways of topping off your balance is by transferring points from partners. For Iberia, it's particularly easy to accumulate Avios as it's a transfer partner with several major currencies, including:
Transfers can be particularly useful if there's a transfer bonus to British Airways, Aer Lingus, Finnair, or Qatar. Members can take advantage of the transfer bonus and then move the Avios to another Avios airline freely and instantly.
Finally, you can earn Iberia Avios through a co-branded credit card sign-up bonus and daily spending. Chase partners with all three of the IAG partners, and — since Avios can be transferred interchangeably — you can utilize any of them to earn a respectable amount of Iberia Avios:
- 3X Avios per $1 spent on purchases with Iberia, British Airways, Aer Lingus, and LEVEL
- 2X Avios per $1 spent on hotel accommodations
- 1X Avios for every $1 spent on all other purchases
Related: Best Cards for Earning Avios
Bottom Line
Iberia's program has its quirks — that's for sure. But it also presents several distinctive sweet spots. It's also a huge win that the premiums for U.S. account holders to buy Avios have decreased significantly recently, making it less punitive to buy Avios in USD. While we never recommend buying miles speculatively, a 50% bonus provides a few scenarios where it's possible to come out ahead when purchasing Avios for as little as 1.54¢ apiece.
Just make sure you have a plan before buying Avios before this promotion expires on August 8, 2025.
Are you buying Iberia Avios with a 50% bonus?
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