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If you're itching to fly to (or from) Europe, we have some excellent news for you. Iberia just launched an up-to-30% off award promotion for flights through September 15, 2026. You can use this promotion to fly to Europe for as few as 15,600 Avios in basic economy.
Although this sale runs through June 15, 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 15,600 Iberia Avios
With Iberia's newest award travel promotion, you can fly between Madrid and select destinations for up to 30% off through mid-September 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. Unfortunately, the entire eligible travel period for this promotion is during peak dates, so prices are higher than in other award sales.
However, even after Iberia's award chart devaluation last year, you can still find some solid deals through this promotion.
Although Iberia flies to 11 U.S. airports from its hubs in Madrid and Barcelona, only a handful of U.S. destinations are on sale through this promotion. And unfortunately, no U.S. city is eligible for 30% off — the biggest discount you can get on flights from the U.S. is 20% off. If you live in another city but you want to take advantage of the sale, you might consider taking a positioning flight to a city on sale.
Here are the U.S. cities on sale for flights to or from Madrid:
- 20% off: Boston (Economy), Dallas (Economy), Washington (Economy), Chicago (Business), San Juan, Puerto Rico (Economy)
- 10% off: Dallas (Premium Economy), Miami (Economy)
And here are the sale tiers for non-U.S. cities. As you can see, this sale is quite different from other Iberia award sales. Normally, the best deals are for domestic flights within Spain. For this sale, if you're based in Latin America, you'll get the best savings, with a variety of routes throughout Mexico, Argentina, Chile, Brazil, and Colombia on sale.
Get 30% off flights between Madrid and the following cities:
- Buenos Aires (Economy)
- Santiago de Chile (Economy)
Get 20% off flights between Madrid and the following cities:
- Bogotá (Economy)
- Buenos Aires (Premium Economy)
- Fortaleza (Economy)
- Monterrey (Business & Economy)
- Montevideo (Economy)
- Recife (Economy)
- Toronto (Business and Economy)
- Athens (Business and Economy)
- Dubrovnik (Business and Economy)
- Split (Business and Economy)
- Tirana (Business and Economy)
- Zagreb (Business and Economy)
Get 10% off flights between Madrid and the following cities:
- Bogotá (Business & Premium Economy)
- Buenos Aires (Business)
- Caracas (Economy)
- Dallas (Premium Economy)
- São Paulo (Premium Economy)
- Guatemala (Economy)
- Guayaquil (Business)
- Mexico (Premium Economy)
- Miami (Economy)
- Montevideo (Business)
- Stockholm (Business and Economy)
- Panama (Economy)
- El Salvador (Economy)
- Santiago de Chile (Business & Premium Economy)
- Santo Domingo (Premium Economy)
- San Juan de Puerto Rico (Business)
- Quito (Business)
- Alicante (Business and Economy)
- Budapest (Business and Economy)
- Dakar (Business and Economy)
- Rome (Business & Economy)
- Funchal (Business & Economy)
- Granada (Business and Economy)
- Milan (Business and Economy)
- Ljubljana (Business and Economy)
- Prague (Business and Economy)
- Venice (Business and Economy)
- Valencia (Business and Economy)
Key terms
- Promotion is valid on bookings through June 15, 2026.
- Promotion travel window is through September 15, 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.
As we mentioned earlier, Iberia uses a distance-based award chart with peak and off-peak pricing. Economy flights between 3,001 and 4,000 miles typically cost 19,500 Avios for peak dates. There are three routes between the U.S. and Madrid on sale that fall in this distance band. These economy flights are 20% off, which means you can book for as low as 15,600 Avios:
- Boston (BOS) — Madrid (MAD)
- Washington DC (IAD) — Madrid (MAD)
- San Juan, Puerto Rico (SJU) — Madrid (MAD)
Routes between 4,001 and 5,500 miles one-way normally cost 24,250 Avios in economy or 74,000 Avios in business during peak dates. There are three routes on sale between the U.S. and Spain that fall in this distance band. With up to 20% off, you can book flights as low as 19,400 Avios in economy or 59,200 Avios in business. However, the discount depends on the route:
- Chicago (ORD) — Madrid (MAD) (20% off business)
- Miami (MIA) — Madrid (MAD) (10% off economy)
- Dallas (DFW) — Madrid (MAD) (20% off economy, 10% off premium economy)
Here's what this looks like. You can fly from Boston to Madrid for just 15,600 Avios:
Technically, you should need to pay 59,200 Avios to fly business class from Chicago to Orlando during peak dates, even factoring in the 20% off sale. However, we're seeing rates as low as 47,200 Avios.
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 flight from Madrid (MAD) to Athens (ATH) will cost as little as 8,600 Avios in economy or 19,200 Avios in business.
Or, you can head to Croatia and explore Split for 6,400 Avios in economy or 14,600 Avios in business.
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.
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 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 solid 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 20% off these rates, these award prices are even better. Plus, get up to 30% off flights from Argentina and Chile.
You'll want to act fast — although you can technically book your flight until June 15, 2026, you should book as soon as possible to lock in availability. Note that the sale is valid for flights through September 15, 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)
