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American Express and Chase points transfer to Iberia. You can also move British Airways points to Iberia if your Iberia account has been open at least 90 days and has had some activity in it.
Transferring Chase directly to Iberia has only been around since November. Your Chase Sapphire Preferred Card, Chase Sapphire Reserve and Ink Business Preferred Credit Card points can be used for this sale.
Iberia is a oneworld airline based in Spain with an underrated fully flat business class product. They’re owned by IAG, the same airline that owns British Airways, and they’re a oneworld partner of American Airlines.
The great thing about Iberia is that when you use Iberia Avios to redeem for Iberia flights they charge fewer miles than British Airways or American does and they do not add usurious fuel surcharges.
Book by March 18 for travel October 1 through December 15 and New York, Boston or Chicago – Madrid will run 12,750 points each way in economy or 25,500 in business class. Iberia also offers cash and points awards at check-out, and New York starts at 3200 Avios and €188.90 one way.