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Iberia devaluation: Business class between US & Europe now starting at 40,500 miles one way
Iberia updated its award chart last week, increasing the number of Avios you have to redeem to book flights with points. We subsequently updated the Best Uses of Avios post and mentioned the devaluation there, but we wanted to highlight this change in a separate post too as it brought about a change to one […] The post Iberia devaluation: Business class between US & Europe now starting at 40,500 miles one way appeared first on Frequent Miler. Frequent Miler may receive compensation from CHASE. American Express, Capital One, or other partners.
Iberia updated its award chart last week, increasing the number of Avios you have to redeem to book flights with points.
We subsequently updated the Best Uses of Avios post and mentioned the devaluation there, but we wanted to highlight this change in a separate post too as it brought about a change to one of the best value deals for crossing the Atlantic in business class.
That sweet spot was the ability to fly from select east coast airports to Madrid for only 34,000 Avios in business class. That was a fantastic deal which was fewer points than you’d be able to redeem for travel in a premium cabin across the Atlantic with nearly any other airline.
As a result of the recent changes, this is Iberia’s new award chart:
| Distance (in miles) | Economy Off-Peak/Peak | Premium Economy Off-Peak/Peak | Business Off-Peak/Peak |
|---|---|---|---|
| 1-650 | 3,500 / 4,750 | 9,750 / 11,500 | |
| 651-1150 | 6,500 / 8,000 | 16,500 / 18,250 | |
| 1151-2000 | 9,500/ 10,750 | 22,000 / 24,000 | |
| 2001-3000 | 10,500 / 12,000 | 23,000 / 31,000 | |
| 3001-4000 | 16,000 / 19,500 | 29,500 / 40,250 | 40,500 / 59,000 |
| 4001-5500 | 20,000 / 24,250 | 36,750 / 50,500 | 50,500 / 74,000 |
| 5501-6500 | 24,000 / 29,250 | 44,000 / 60,50060 | 60,500 / 88,000 |
| 6501-7000 | 28,250 / 34,250 | 51,000 / 70,500 | 70,500 / 103,500 |
| 7001+ | 41,000 / 49,250 | 71,000 / 97,000 | 97,000 / 140,000 |
That business class option falls in the 3,000-4,000 miles range, so what once required 34,000 Avios now requires 40,500 Avios if flying during an off-peak period. That’s still a decent redemption option though, so this devaluation has downgraded its sweet spot status from cloyingly sweet (as Food Network judges like to describe things) to being an ‘I’d-prefer-a-teeny-bit-more-sugar-but-it’ll-do’ sweet spot.
At the time of publishing this post, American Express is offering a 30% transfer bonus to several Avios programs which includes Iberia. That means you’d only need to transfer 32,000 Membership Rewards to end up with enough for a 40,500 Avios flight, although that would’ve only required 27,000 Membership Rewards in the past, so it’s obviously not wonderful news that prices have increased.
The post Iberia devaluation: Business class between US & Europe now starting at 40,500 miles one way appeared first on Frequent Miler. Frequent Miler may receive compensation from CHASE. American Express, Capital One, or other partners.
