As of Oct 01, 2015, transfer ratio to Iberia Plus/Executive Club has been 250:200 (Membership rewards to Iberia Plus). With this transfer bonus, you can get 1:1 transfer ratio and you have to transfer in the increments of 250.
While you could certainly redeem Avios through the Iberia Plus account, there is an option to transfer the Avios in Iberia Plus account to British Airways Executive Club if your
- Iberia Plus account and Executive club accounts are at least 90 days old.
- There is some activity in both the accounts (transferring points would also count)
If you do not have the Iberia Plus account, you could set up the account now and transfer Membership Rewards to Iberia Plus account and then transfer to British Airways Executive club after 90 days. (provided your Executive club account has some activity)
25% transfer bonus to Hawaiianmiles
Through Dec 31, 2015, you can also get 25% transfer bonus, when you transfer Membership rewards to Hawaiianmiles.
Hawaiianmiles can be useful for intra-island transfers.
Through Dec 31, 2015, you can get 25% transfer bonus when you transfer Amex Membership Rewards to Iberia Plus or Hawaiianmiles.
Transferring to Iberia Plus could be a great way to get 1 Avios for every membership reward point. You need to transfer in increments of 250 Membership Rewards.
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