Should You Buy Heavily Discounted Avios Via Finnair?

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Josh Hallett [CC BY-SA 2.0], via Wikimedia Commons
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British Airways Avios can be an extremely useful currency, as I wrote about here. These days, I’m finding more value in them than I have in years as American has seemingly stopped blocking close-in partner award space and has made more partner award space available since going dynamic with their own miles.

For example, I often make last-minute trips to NYC, and those can cost a fortune. A one-way flight tomorrow is $434. That would translate into 28,933 Chase Sapphire Reserve® points even with their value of 1.5 cents each.

 

Delta wants an absurd 39,000 Skypesos+$5.60 for flights:

 

United wants 15K miles+$5.60 for flights:

 

American wants between 8.5K-10.5K+$5.60 for flights, but there are no major banks that transfer points to them:

 

Enter British Airways Avios, which offers all of American’s flights for just 7.5K Avios+$5.60. That’s less than 6K points with a 30% transfer bonus.

 

You can transfer points from AMEX, Capital One, Chase, or Citi into Avios.

The Avios currency is shared between Aer Lingus, British Airways, Iberia, and Qatar, and you can transfer points between all of those airlines.

In early 2024 Finnair will join Avios and Finnair points will transfer into Avios at a 3:2 ratio.

If you want to buy 200,000 BA Avios, it would set you back some $4,599, or 2.3 cents per Avios.

 

That’s much too high of a price to pay and is why on-demand mileage transfers are so valuable.

But through September 18th, you can get double Finnair points when you buy 100K-200K points.

Buying 150,000 Finnair points will net 300,000 points and will cost $1,931.25 EUR. Currently, that’s $2,070.

Those 300,000 points will convert into 200,000 Avios early next year. That’s effectively paying 1.035 cents per Avios.

Banks run promotions for 30% bonus Avios often enough and I have enough points there that I’m not running to do this, but it certainly can make sense to buy at this price. That 7.5K+$5.60 award ticket would cost just $77+$5.60 instead of $434. Not a bad deal at all.

HT: Josh B, via HFP

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45 Comments On "Should You Buy Heavily Discounted Avios Via Finnair?"

All opinions expressed below are user generated and the opinions aren’t provided, reviewed or endorsed by any advertiser or DansDeals.

Chaim

Isn’t there a high fuel fee with Avios?

Chaim

Will check it out, thanks a lot!

shmo

I can never seem to find BA award availability

S

I have the same issue. Used to see lots of Avios availability (EWR-DFW) but haven’t seen a single flight in over a year. Is this still the right site: https://www.britishairways.com/en-us/executive-club/avios ?

j

what abut nyc to Miami

Boch

Convoluted. No offense. Appreciate the effort though.

William

Over last 2 months I’ve seen availability on almost all flights that I’ve checked. #numerous routes #numerous times

Yochai

Same here. I almost gave up on them for AA domestic but just in the past 2 weeks I booked 2 RT trips for our family of 6.

yankel

i booked aa coach jfk-lax 15k aa miles for flight tomorrow. got complimentary upgrade with plat status to business almost immediately.
i think aa opens up its award space to partners close in

Josh

Correct.

lg

if we want to fly from tlv nyc round trip dec 14 -dec 19 is this relevant? we have chase points and amex marriot? thnx in advance

Josh

It’s relevant only if you find availability.

Avi

This isn’t great advice as eventually all airlines devalue their currencies. I wouldn’t speculatively buy avios even if it’s for early next year.

Shmuff

Just curious. Is booking American with British Airways Avios better than booking united award travel at 7.5k through Turkish Smile awards?

Josh

Yes, this way you can avoid flying United.

steven

what about air canada??
6k plus 47 Canadian

Mendel

Is there value in booking awards on Finnair itself?

MCC

Did anyone buy this using an Amex? What does it code as?

Danfan

Dan, you should mention the new Balance Boost option, where you can “always” buy points for less than 1.2, not great, but can come in handy when missing some points.

Moshe

Gv Dan. Isn’t Air Canada the cheapest option to fly from NY to CLE.
I just checked, they have for 6K a way vs Avios is 7.5K a way.

Myi

Nothing changed. Not one flight from YYZ-NYC on October 9,10,11 and ect.
They have random dates.

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