American Express Restores 1:1 Transfer Rate To British Airways/Iberia Avios

On October 1st, 2015 American Express reduced the rate of transfer to British Airways from 1:1 to 1:0.8. They still continued to run transfer bonuses (50% here), today they have announced that the transfer rate will return to 1:1.

American Express made the following statement to VFTW:

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.

You can view a full list of the American Express transfer partners and their previous transfer bonuses by clicking here.