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Amazing Promotion: Earn 90,000 Iberia Avios for Spending $350

June 22, 2018
4 min read
Iberia-A340-600-remote-stand-stairs-Madrid
Amazing Promotion: Earn 90,000 Iberia Avios for Spending $350
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Iberia is offering one of the most lucrative airline promotions that's come around in a long time. Until June 24, the airline will give you 9,000 Avios for any purchased flight operated by Iberia, Iberia Express or Iberia Regional Air Nostrum — either one-way or return — up to 90,000 Avios.

Through June 24, you can earn 9,000 Avios for each ticket purchased on Iberia.com. The Avios will be awarded to your account within 10 days of the ticket purchase. Throughout the entire promotional period, you can earn a maximum of 90,000 Iberia Avios — by purchasing a maximum of 10 tickets.

While the 90,000 Avios are worth a lot on their own, what makes this promotion even more valuable is that the terms and conditions are very generous. The Avios are awarded to your account within 10 days of purchasing the ticket — not within 10 days of flying. So, you could purchase 10 cheap one-way tickets at once by June 24 and, within 10 days, get 90,000 bonus Avios.

Iberia says that if the customer decides to refund the ticket, the Avios will be withdrawn from their account. However, the terms say that if the customer buys the ticket and doesn't fly, "he will be able to keep those promotional Avios." So, theoretically, if you miss your flight, you'll be able to keep the Avios.

Additionally, Iberia Plus Card holders will get the 9,000 bonus Avios per booking even if they're with other carriers (like British Airways) — as long as one booking is made with Iberia, Iberia Express or Iberia Regional Air Nostrum. You can find the terms and conditions and book here.

The only major restriction mentioned in the terms and conditions states that the Avios earned as part of this promotion must be redeemed by December 1, 2018. If the up to 90,000 bonus Avios aren't redeemed by that date, they'll be removed from your account. In addition, the promotion is only available if you're buying tickets through Iberia.com in the following countries: Spain, France, Italy, Germany, Portugal, Russia, United Kingdom, Switzerland, the Netherlands, Brazil, Argentina, Colombia, Chile, Peru, Mexico and the US, regardless of the origin of the flight.

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Be forewarned that this promotion is extremely generous, almost too generous, and TPG Senior Points and Miles Contributor Richard Kerr has expressed deep misgivings about whether it will be honored by Iberia in the end. Consider the risks involved before you pay for flights that you don't intend to use just to potentially earn bonus Avios that definitely come with a set expiration date.

If you do feel the risk is acceptable, how do you take advantage? To make it easy, there is no registration required. Instead, you'll just need to make sure your Iberia Plus number is entered when you make the new reservation.

Maximize This Promotion

Where this promotion can be maxed is when buying cheap tickets. To search, go to Google Flights and use the explore function for flights departing from Madrid (MAD), which is Iberia's home. Then, separate the results by carrier to Oneworld and take a scan around the map. Some of the cheapest are from Palma de Mallorca (PMI) to Madrid (MAD) — for just $35 one-way. So, you could purchase 10 of the $35 tickets for $350 and get a whopping 90,000 Avios in return.

Iberia Avios are different than British Airways Avios, but there are some sweet spots. You can book off-peak flights to Europe in Iberia’s premium economy for just 25,500 Avios one-way, and you'll generally pay much lower taxes and surcharges when booking through Iberia. Some reports suggest that you might not be able to transfer these Avios to British Airways Avios or it'll result in a negative Iberia balance. However, typically, you can also transfer Iberia Avios to British Airways Avios (1:1) to utilize the sweet spots that mileage-based program.

Additionally, Iberia sometimes offers promotions — such as flying in lie-flat business class from the US to Europe for 25,500 Avios. Last year TPG Contributor Eric Rosen reviewed Iberia’s business class on the A340-600 between JFK and Madrid and wrote that “the seats were comfortable for working, eating and sleeping, and I managed to get as much rest as possible. The entertainment system was quite good and easy to use and the service was charming.”

If you're intrigued by this offer, be sure to act quick. It's only valid for tickets purchased by June 24.

This story has been updated to reflect the potential risks involved in this promotion, as written about by TPG Senior Contributor Richard Kerr.

Featured image by JT Genter

TPG featured card

Best for dining at restaurants
TPG Editor‘s Rating
4 / 5
Go to review
Apply for American Express® Gold Card
at American Express's secure site

Rewards

1 - 4X points

Intro offer

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

Annual Fee

$325

Recommended Credit

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.
Apply for American Express® Gold Card
at American Express's secure site
Terms & restrictions apply. See rates & fees
Best for dining at restaurants
TPG Editor‘s Rating
4 / 5
Go to review

Rewards Rate

4XEarn 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.
4XEarn 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.
3XEarn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
2XEarn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
1XEarn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • Intro Offer

    As High As 100,000 points. Find Out Your Offer.
  • Annual Fee

    $325
  • Recommended Credit

    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.