Iberia is running a promotion where they are offering a 25% discount on their award flights to Madrid. This can ultimately result in flying for just 25,500 points roundtrip. Similar to British Airways Avios, Iberia Avios always uses a distance based award calculator when determining the number of points required for a certain route. If you are located on the East Coast, this is your best option when flying to Spain as you’ll spend about half the number of miles then using your American Airline miles. Now, on top of the already less expensive award flight, they are discounting it another 25%! The one caveat is that you must use their new award booking search tool to make your reservation. I am personally not a fan of it, but just going to Iberia.com will not pull in the same low number of points.
This offer is only for flights between New York, Boston, and Chicago to Madrid. You must book by March 18, 2018 for travel between October 1 and December 15, 2018. Since flights typically only cost 17,000 points one-way, after the 25% discount, you’ll only be paying 12,750 one-way, or 25,500 points roundtrip. Now, if you’d prefer to fly in business class, you’ll pay twice the number of miles, but it is still a great deal – only 25,500 points one-way, or 51,000 points roundtrip.
Need Iberia Avios Points?
The average person probably does not have any Iberia Avios points in their account. And most likely probably doesn’t even have an Iberia Avios account! The good news is that you can transfer points from your Chase Ultimate Rewards account at a 1:1 ratio. This is a great usage of your Ultimate Reward points! Or, you can transfer points from your British Airways Avios accounts to your Iberia Avios account also at a 1:1 ratio, but there is one huge caveat – both accounts must be open and have activity in the past 90 days.
If you are looking to head to Madrid, or really hop over to somewhere else in Spain this Fall, this is an awesome promotion! Availability is really good and additional fees are relatively low.