Fly Between the U.S. And Europe for as Few as 9,600 Points With Iberia’s Newest 40% off Promotion Fly Between the U.S. And Europe for as Few as 9,600 Points With Iberia’s Newest 40% off Promotion

Fly Between the U.S. And Europe for as Few as 9,600 Points With Iberia’s Newest 40% off Promotion

AwardWallet may receive compensation from advertising partners when you visit our site, click on a link, when you are approved for a credit card, or when an account is opened. Terms Apply to the offers listed on this page. Enrollment is required for select Amex benefits. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here’s our complete list of Advertisers.

If you're itching to fly to (or from) Europe, we have some excellent news for you. Iberia just launched an incredible 40% off award promotion for flights through March 24, 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 January 26, 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 Little as 9,600 Iberia Avios

With Iberia's newest award travel promotion, you can fly throughout most of its network for up to 40% off through the end of March 2026. And since Iberia uses a distance-based award chart, you can reasonably anticipate how many Avios you'll need to spend for the route you have in mind. Thankfully, much of the eligible travel period for this promotion is during off-peak dates.

Even after Iberia's award chart devaluation last year, you can find some excellent deals through this promotion.

Iberia 40% off award sale
Credit: Iberia

To get some inspiration on where you can go, check out Iberia's route map. Iberia flies to 10 U.S. airports from its hubs in Madrid and Barcelona:

  • Madrid (MAD) to Boston (BOS), New York (JFK, EWR), Washington, DC (IAD), Chicago (ORD), Orlando (MCO), Miami (MIA), Dallas (DFW), Los Angeles (LAX), and San Francisco (SFO)
  • Barcelona (BCN) to Boston (BOS), New York (JFK), Miami (MIA), Los Angeles (LAX), and San Francisco (SFO)
A screenshot of Iberia's route map as of January 2026
Credit: FlightConnections.com

Iberia published a list of routes on sale. Every U.S. city is included on the list except San Francisco — and that's probably only because it's a seasonal route. If you live in San Francisco and want to take advantage of the sale, you might consider taking a positioning flight to Los Angeles.

During previous award sales, Iberia would publish information regarding which routes received which tier of discount. However, for this award sale, Iberia is only giving a blanket list of cities on sale, and states that these cities are “up to” 40% off. So, your specific discount may vary. This sale is also different in that it is only valid on flights to/from Madrid.

Here are the cities on sale, split into different regions:

  • Spain:
    • A Coruña, Alicante, Almería, Asturias, Bilbao, Granada, Jerez, Pamplona, San Sebastián, Santander, Santiago de Compostela, Valencia, Vigo
  • Europe:
    • Athens, Bologna, Brussels, Budapest, Bordeaux, Dubrovnik, Düsseldorf, Florence, Frankfurt, Funchal, Geneva, Hamburg, Innsbruck, Lisbon, London, Lyon, Marseille, Milan, Munich, Nantes, Nice, Oslo, Porto, Paris, Prague, Rome, Rovaniemi, Stockholm, Toulouse, Tromsø, Turin, Venice, Vienna, Zurich
  • Africa:
    • Algiers, Casablanca, Dakar, Tangier
  • Americas:
    • Bogotá, Boston, Buenos Aires, Chicago, Mexico City, Dallas, Fortaleza, Guayaquil, Havana, Lima, Los Angeles, Miami, Montevideo, Monterrey, New York, Orlando, Quito, Recife, Rio de Janeiro, San José, San Juan, Santiago de Chile, São Paulo, Santo Domingo, Washington
  • Asia:
    • Doha

Key Terms

  • Promotion is valid on bookings from through January 26, 2026.
  • Promotion travel window is from January 19 to March 24, 2026.
  • Awards can be booked one-way or round-trip.
  • Taxes and fees are excluded from the promotion.
  • The offer will 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.

A screenshot of the Iberia Avios search page
Credit: Iberia

As we already mentioned, Iberia uses a distance-based award chart, with prices for peak and off-peak dates. After the up to 40% discount, and booking during off-peak dates, routes under 4,000 miles will cost just 9,600 Avios in economy. There are three routes between the U.S. and Madrid that fall in this 4,000-mile distance band:

  • Boston (BOS) — Madrid (MAD)
  • New York (JFK) — Madrid (MAD)
  • Washington DC (IAD) — Madrid (MAD)

Routes between 4,001 and 5,500 miles one-way will cost a slightly higher 12,000 Avios in economy. There are another five routes between the U.S. and Spain that fall in this distance band:

  • Chicago (ORD) — Madrid (MAD)
  • Dallas (DFW) — Madrid (MAD)
  • Miami (MIA) — Madrid (MAD)
  • Orlando (MCO) — Madrid (MAD)

If you want to take a last-minute European vacation, there's wide open availability for flights to Spain. You can fly from Boston (BOS) to Madrid (MAD) any time through March for just 19,200 Avios round-trip.

BOS to MAD on sale using Avios
Credit: Iberia

You also don't need to stick around Madrid. Iberia flies all throughout Europe, so you can score some exceptional award flights in economy or business class. For instance, a one-way domestic flight from Madrid (MAD) to Valencia (VLC) will cost as little as 2,100 Avios in economy or 5,850 Avios in business.

A screenshot of a flight from Madrid to Valencia
Credit: Iberia

Or, you can head to Eastern Europe and explore Budapest for 5,700 Avios in economy or 13,200 Avios in business.

A screenshot of a flight from Madrid to Budapest
Credit: Iberia

The options are really limitless, so you can get creative for your European getaway.

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.

From
To
Transfer Ratio
Min.Transfer
Average Time
Iberia Plus
500:400
1,000
Unknown
Iberia Plus
1,000:1,000
-
1 day
Iberia Plus
500:500
1,000
Unknown
Iberia Plus
1,000:1,000
-
Immediate
Iberia Plus
3:1
3,000
1 day - 2 days
Accor Group (ALL - Accor Live Limitless)
Iberia Plus
3,000:3,000
-
Unknown
Aer Lingus (AerClub)
Iberia Plus
1:1
-
Immediate
Avios
Iberia Plus
1:1
-
5 days
Iberia Plus
1,000:1,000
2,000
Unknown
Iberia Plus
1:1
-
Immediate
Choice Hotels (Choice Privileges)
Iberia Plus
1,000:200
5,000
Unknown
HSBC Rewards
United States
Iberia Plus
1,250:1,000
-
Unknown
IHG Hotels & Resorts (One Rewards)
Iberia Plus
10,000:2,000
-
Unknown
Livelo (Clube Livelo)
Brazil
Iberia Plus
1,750:500
3,500
Unknown
Revolut (RevPoints)
Iberia Plus
1:1
-
Unknown
Santander (Esfera)
Brazil
Iberia Plus
-
1 day
Iberia Plus
1:1
-
Unknown

That means you can essentially earn Avios points by using the following cards — and then transferring the points to Iberia:

American Express® Gold Card
American Express® Gold Card
Welcome Offer As High As 100,000 points. Find Out Your Offer. You may be eligible for as high as 100,000 Membership Rewards® Points after spending $6,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.
Annual Fee$325Rates & Fees
(Terms apply)
Credit ScoreExcellent, Good
  • 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)
  • 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com
  • 2X Membership Rewards® points on prepaid hotels and other eligible travel booked on amextravel.com
  • 1X on other eligible purchases
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card
Welcome Bonus Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
Annual Fee$95Rates & Fees
Credit ScoreExcellent, Good
  • 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 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
Wells Fargo Autograph Journey℠ Card
Wells Fargo Autograph Journey℠ Card
Welcome Bonus Earn 60,000 bonus points when you spend $4,000 in purchases in the first 3 months – that’s $600 toward your next trip.
Annual Fee$95On Wells Fargo's website
Rates & Fees
Credit ScoreExcellent/Good
  • 5X points per $1 spent on hotels
  • 4X points per $1 spent on 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 an excellent 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 40% off these rates, these award prices are truly exceptional. It's not often you can fly on a trans-Atlantic flight for just a few thousand miles.

You'll want to act fast — although you can technically book your flight until January 26, 2026, you should book as soon as possible to lock in availability. Note that the sale is valid for flights through March 24, 2026, so you can get a jump on planning your spring 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)

AwardWallet Tip of The Day
Did you know you can order an AwardWallet OneCard with up to 30 of your loyalty accounts printed on it? The card is only $10 and is shipped free of charge anywhere in the world. Plus, you'll get a bonus Balance Watch credit when paying for your OneCard.
Show me how

The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.