Update: After publishing this post, a representative reached out to confirm that this is indeed a change, not a promotion. See below for more information.
Right now, Amex is offering transfers to both British Airways Avios and Iberia Avios at a rate of 1:1.
This appears to be an unadvertised bonus — we have no idea how long this will last, so I suggest transferring sooner rather than later if you have a need to book an award.
We have received the following updated information on this change from a representative:
American Express now leads the industry in reward program partners
- Today, two of Amex’s Membership Rewards airline transfer partners, British Airways and Iberia, are increasing the transfer ratio for their rewards program, Avios. The transfer is increasing from a 5:4 to a 1:1 transfer ratio.
- With this update, Amex’s Membership Rewards program now offers the most 1:1 airline transfer partners – 11 in total.
- Membership Rewards now also offers Card Members the opportunity to transfer points to 21 reward program partners, which is more than any other U.S. credit card rewards program.
- Transfer Membership Rewards to British Airways Avios or Iberia Avios 1:1
For years, 1:1 was the normal transfer ratio. However, a couple of years ago the rate dropped to 250:200 (or 1 Membership Rewards point to 0.8 Avios). It’s great to see that ratio restored to the previous 1:1 rate – a most welcome change that further enhances the value of Membership Rewards. Remember that British Airways is also a Chase Ultimate Rewards partner, where points also transfer 1:1. However, if you’re looking to transfer from Membership Rewards and/or to Iberia, it’s great to have an old option return.