Update: The current offer for the British Airways Visa is 50,000 Avios when you spend $1,000 in the first 3 months.
Now through November 19, 2012, British Airways is offering a 25% discount on Avios redemptions on British Airways long-haul flights to celebrate the 1st anniversary of Avios. The “6 Day Flight Sale” will include awards on both British Airways and Iberia.
The sale runs until Monday, November 19, though you can book awards for travel through May 31, 2013. It’s sort of like United’s current 20% off Saver awards to Europe promo (available until tomorrow), only the flights for this promo must pass through London.
Per the Terms and Conditions: You will receive a 25% discount on flight bookings paid for in full Avios and also bookings paid for in Avios & Money. For the avoidance of doubt, the 25% discount applies to the Avios only (I wish the taxes too!). Upgrades after booking are not included in this offer and will not have the 25% discount applied. 25% discount does not apply to the taxes, fees and charges which are payable in full on all bookings. Taxes, fees and charges shown are estimated and will be higher in other cabins. Flights depart London. Flights are subject to Avios terms and conditions. Bookings must be made between 14/11/12 & 19/11/12 for travel between 14/11/12 & 31/05/13. Some flights may have no availability or have very limited availability, particularly during peak periods and periods of high demand. The 25% Avios discount on reward flights is only available on British Airways and Iberia operated flights and codeshare flights. Flights to and from zones 1, 2 and 3 are not included in this offer, even if the flight is connecting onto a zone 4 and above flight. This promotion cannot be used in conjunction with any other offer or promotion.
What that means is that this is only good for flights that require 25,000 Avios or more for an award redemption. So, for instance, if you wanted to get a roundtrip business class flight from New York to London, with this promo, you’d only need 60,000 Avios roundtrip (instead of 80,000) – and an economy ticket would only require 30,000 Avios roundtrip- though some pretty hefty taxes and fees (think at least $600).
The only downside is that you can’t combine this with the upcoming Amex transfer bonus of 30% to Avios because it begins after this promo ends- which would lead to some amazing savings on award redemptions. However, if you’re considering using some Avios on upcoming long-haul British Airways travel before May, this promo might make a lot of sense.