British Airways Devalues Pay With Avios Option
Update: British Airways has now removed the Euro Traveller and Club Europe part payment with Avios options mentioned below.
Back in July, British Airways changed its "Part Payment" program to allow travelers to save between $15 (for 1,250 Avios) and $250 (for 35,000 Avios). This provided a value between 1.20 and 0.71 cents per Avios, respectively. Just a few months later, British Airways has now overhauled the Part Payment program yet again — simultaneously complicating and devaluing the program further.
Rather than providing a simple redemption rate for your Avios, there's now a different six-tier redemption chart for each cabin you can book (Euro Traveller, Club Europe, World Traveller, World Traveller Plus, Club World and First).
The best redemption rates can be found in economy (Euro Traveller and World Traveller), where you can cash out Avios at up to 0.96 cents each. But, it drops quickly from there, bottoming out at 0.67 cents per point.
| Euro Traveller | ||||||
|---|---|---|---|---|---|---|
Avios required | 1,250 | 3,000 | 5,500 | 8,500 | 14,000 | 27,500 |
Savings toward paid fare | $12 | $24 | $48 | $72 | $110 | $184 |
Cents per Avios | 0.96 | 0.80 | 0.87 | 0.85 | 0.79 | 0.67 |
| World Traveller | ||||||
|---|---|---|---|---|---|---|
Avios required | 2,500 | 4,000 | 7,000 | 11,500 | 17,000 | 33,000 |
Savings toward paid fare | $24 | $36 | $60 | $98 | $134 | $220 |
Cents per Avios | 0.96 | 0.90 | 0.86 | 0.85 | 0.79 | 0.67 |
The next-best rates are in business class, which is called Club Europe for intra-Europe flights and Club World for long-haul flights. While it might seem nice to save $306 off of a long-haul flight, you'll be giving up a ton of Avios to accomplish this.
| Club Europe | ||||||
|---|---|---|---|---|---|---|
Avios required | 4,000 | 7,000 | 10,000 | 15,000 | 23,000 | 36,500 |
Savings toward paid fare | $36 | $60 | $86 | $122 | $172 | $244 |
Cents per Avios | 0.90 | 0.86 | 0.86 | 0.81 | 0.75 | 0.67 |
| Club World | ||||||
|---|---|---|---|---|---|---|
Avios required | 8,000 | 11,000 | 16,000 | 21,500 | 29,000 | 45,500 |
Savings toward paid fare | $72 | $98 | $134 | $172 | $220 | $306 |
Cents per Avios | 0.90 | 0.89 | 0.84 | 0.80 | 0.76 | 0.67 |
Generally, the lowest rates are for World Traveller Plus — which is British Airway's premium economy cabin — and for first class. The only obvious benefit of these charts is that you can burn through a lot of Avios quickly (if that's something you're trying to do).
| World Traveller Plus | ||||||
|---|---|---|---|---|---|---|
Avios required | 5,500 | 8,500 | 11,500 | 16,500 | 24,000 | 40,000 |
Savings toward paid fare | $48 | $72 | $98 | $134 | $184 | $270 |
Cents per Avios | 0.87 | 0.85 | 0.85 | 0.81 | 0.77 | 0.68 |
| First | ||||||
|---|---|---|---|---|---|---|
Avios required | 11,000 | 14,000 | 18,500 | 25,500 | 35,500 | 55,000 |
Savings toward paid fare | $98 | $122 | $158 | $208 | $270 | $368 |
Cents per Avios | 0.89 | 0.87 | 0.85 | 0.82 | 0.76 | 0.67 |
Bottom Line
In his latest valuation of British Airways Avios, TPG pegs them at 1.5 cents each. None of these redemptions come close to reaching this valuation.
British Airways has offered much better Part Payment rates in the past. For limited times, you've been able to get 1.5 cents per Avios and sometimes up to 2.55 cents per Avios. Considering this new program maxes out at just 0.96 cents per Avios — and there are much better uses of Avios — the new Part Payment program should be a "hard pass" for everyone but those most desperate to cash out Avios.
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- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
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| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
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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.As High As 100,000 points. Find Out Your Offer.Annual Fee
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Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.Excellent to Good
Why We Chose It
There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)Pros
- 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
- 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
- Packed with credits foodies will enjoy
- Solid welcome bonus
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
- $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.

