Plus a treasure map on when you can book American Airlines’ lucrative partner, Iberia.
Einstein reportedly said that doing the same thing over and over again and expecting different results is the definition of insanity.
I’d like to add that not doing the same thing over and over again and cursing yourself for missing out because you didn’t do that same thing, is equally ill-advised.
Here at FCF, we apply a simple formula that Einstein would be proud of:
RGV=BR2
Or, Really Great Value = Be Ready, Squared, (in other words, be REALLY ready.)
Fact: we know that one particular buy-miles deal comes around often. It’s with American Airlines’ partner, Spanish airline Iberia, and you’d be really missing out to let it slip through your grasp.
When Shopping, Buy When On Sale
Many people still believe that you can only get miles/points by earning them. Incorrect. Selling miles is big business for airlines.
But just as you’re better to buy a car when there’s a sale on, so too are you best served to buy miles when they’re on sale. And in the Iberia example we’re using here, you also need to be ready to push the button when that sale hits the runway.
FCF wrote a special report about When to Buy Miles Instead of Purchasing a Normal Published Fare here.
Just to zoom out for a moment before we get into the details, we’re using Iberia in this example, but many other airlines also have buy-miles deals throughout the year. However, with Iberia, the cost can be very low and net some incredible deals when they’re on sale, PLUS Iberia has Business Class mileage awards starting as low as 68,000 miles round-trip from the East Coast to Europe, 102,000 miles from the West Coast.
How to Get $1,123 Round-Trip Business Class Travel
Here’s how to be a two-time winner:
- You buy miles when they’re inexpensive, and
- You use them with an airline that has low mileage award rates.
It’s that simple!
FCF’s 3 Step Action Plan for Being Ahead of the $1,123 Biz Class Curve
Step 1: Follow FCF Sweet Redeem Alerts.
They’ll keep you informed as to what’s happening out there in airline land when it comes to using miles and when there’s availability and a sale. That’s the “be ready to push the button” part.
Step 2: Buy miles when they’re on sale.
This is the “push the button” part. Let’s get back to the Iberia example. Last month Iberia had a buy-miles deal that offered a 50% bonus on purchased Iberia Avios points. At that time you could buy up to 200,000 Iberia points and receive 300,000 for 3,601 EUR (about $4,055), a cost of 1.35 cents each.
By the way, you can also transfer Iberia points to British Airways Avios points (and vice versa) at no charge, as long as you have had both accounts open for at least 90 days.
You want to be sure you can use the miles before you buy them. If you travel much that’s not a problem, especially given the fallback ability to use the Iberia miles with British Airways’ program, and then perhaps even use the BA miles with American, and perhaps even for domestic AA flights. In other words, there’s a lot of ways to spend the Iberia miles if that’s a concern.
Step 3: Book the low-cost mileage award ticket.
Iberia charges 68,000 miles round-trip in Business Class from Boston and New York to Madrid for off-season travel (the peak season cost is 100,000 and those dates are: Aug. 1 to Sept. 15; Oct. 25, 26, and 31; Nov. 1 to 4; Dec. 5, 6, 8, 14 to 24, 27 to 31, Jan. 1, 2020 to 13), which you can buy when they’re on sale for 935 EUR, about $1,053, plus ~$205 in award taxes, making the total $1,258 for buying just enough miles for one ticket.
However, if you bought the maximum miles (200,000) for 3,601 EUR, ~$4,055, the cost is even lower: $918 plus ~$205 in award taxes, amounting to $1,123 per ticket.
Amazing value
Travel beyond Madrid requires more miles and the cost varies (as Iberia Avios is a flight distance program) and is also a great value for travel all over Europe.
Remember that formula: RGV=BR2
Or in plain English: Get an Iberia account now, keep an eye out for FCF’s Iberia alerts, and wait for the next buy-miles deal.\To have a sense of the availability to use the miles, here are some recent FCF alerts involving Iberia miles.
California to Spain and Beyond Biz Class 102,000 Points R/T, Now Available

Business Class Savings with Iberia to Madrid
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