AwardWallet receives compensation from advertising partners for links on the blog. 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.
American Express has increased the transfer ratio of British Airways and Iberia Avios from 5:4 to 1:1 which is an improvement of 20%. Transfers were dropped from 1:1 to 5:4 in 2015 but are now back at that 1:1 ratio.
- Changes affect Iberia and British Airways
- This is not a promotional offer but rather a permanent change to the transfer ratio
- New ratio is 1:1
Added Value for Membership Rewards Earning Cards
Improving the transfer ratio adds value to the points you collect using Membership Rewards earning credit cards, which include:
This is great news and the fact that it is permanent means you can take your time and plan the best strategy for you. You do not have to rush and make a speculative transfer just to take advantage of the improved ratio.
Source: Miles To Memories
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.