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Buy Avios for Just 1.1 Cents Each with This Groupon Offer

June 09, 2017
•
4 min read
Iberia A340-600 Premium Economy window seat pairs
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Update: Some offers mentioned below are no longer available. View the current offers here.

For a "limited time," the Spanish Groupon website is selling packages of Iberia Avios. Cost per Avios vary based on what package you get, but you can get Avios for as little as 1.38 US cents per Avios.

The smallest points package has already sold out, but there are plenty of options still remaining:

  • 4,000 Avios for 59 euros (~$66, 1.65 cents apiece)
  • 8,000 Avios for 99 euros (~$111, 1.38 cents apiece)
  • 15,000 Avios for 189 euros (~$211, 1.41 cents apiece)
  • 20,000 Avios for 249 euros (~$278, 1.39 cents apiece)
  • 34,000 Avios for 429 euros (~$480, 1.41 cents apiece)

Even better, you can get a bonus 10 Avios per euro spent by buying the Groupon packages via the Iberia shopping portal. With these bonus Avios, you can drop the average price to just 1.10 cents per point. While we don't have a valuation for Iberia Avios, you can transfer from Iberia to British Airways (see below) — and we value BA Avios at 1.5 cents each.

However, you're going to need to know Spanish or use a website translation tool to purchase:

Terms and Conditions:

  • Limited to five purchases each of 4,000; 8,000; 15,000; and 20,000 Avios packages
  • Limited to three purchases of the 34,000 Avios package
  • You must redeem your purchased Avios by September 7

Steps to Maximize This Deal

  1. If you don’t have an Iberia Plus account, register online.
  2. Navigate to the IberiaPluStore's Groupon page.
  3. Sign into your IberiaPlus account to be transferred to Groupon with a tracking cookie.
  4. Search "Avios" in the top search bar. There should only be one result. Click "Ver Oferta" to see the Avios offer.
  5. Choose the packages that you want to purchase.
  6. Use a card that doesn’t charge a foreign transaction fee.
  7. Complete your purchase.
  8. Redeem your Groupon voucher(s) before September 7.
  9. Check back to confirm your IberiaPluStore bonus Avios posted. Last time these Avios packages were offered, it took a few weeks before the Avios posted. Hopefully it'll be faster this time around.

Not sure how to use Iberia Avios? There's some great uses using Iberia's chart itself. I used Avios that I purchased the last time this offer was made toward the 25,500 Avios needed to book a one-way premium economy flight from New York's JFK to Madrid (MAD).

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Fly in premium economy between the US and Europe for just 25,500 Avios one-way on off-peak dates.

Transferring to British Airways Avios

You can also transfer Avios from your Iberia account to your British Airways account. But, there are some limitations before you can do so: Both of your accounts — British Airways’ Executive Club and Iberia’s Iberia Plus — must have been open for at least 90 days. So, if you open an Iberia Plus account for this promotion you’ll need to wait 90 days to transfer Avios from Iberia to British Airways.

In addition to the 90 day rule, you need to make sure your personal information is listed in both Iberia and BA's accounts before you're allowed to transfer between accounts. This is the roadblock that I ran into when trying to book the Iberia premium economy flight at the last minute. It seems your birth date, email address and name all have to match before the transfer can occur.

Once your Avios are transferred, you can take advantage of British Airways' distance-based award chart. Need more British Airways Avios? You can still earn up to 120,000 Avios from the British Airways Visa Signature Card.

Bottom Line

While the purchase process is a hassle, for those looking for cheap Avios, this is a great opportunity to get points for as little as 1.10 cents each.

H/T: Loyalty Lobby

Are you going to take advantage of this offer?

Featured image by JT Genter

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Best for dining at restaurants

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  • Intro Offer

    As High As 100,000 points. Find Out Your Offer.

  • Annual Fee

    $325

  • Recommended Credit

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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.