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If you are absolutely positive that you will book a paid flight on Iberia Airlines before October 2022, then this promotion might interest you.

Between now and 31 October, 2021, you can receive a discount of up to 15% when buying a gift card. To receive the maximum discount, you need to buy a gift card of £500 or higher.

If you prefer to have a gift card denominated in euros – which also reduces the amount needed for maximum discount to 500 euros (£420) , you can also visit the Spain webpage and pay in euros…

You can easily find the gift card page by clicking on the “Travel” tab on the main Iberia webpage.

How can I spend my gift card?

It is very easy to apply a gift card when purchasing a flight. In a prior iteration of this promotion, I bought a small gift card mere minutes before booking a paid flight on Iberia.

HOWEVER, you can only use the gift card on flights OPERATED by Iberia, Iberia Express and Air Nostrum. Codeshare flights – including those on British Airways, Vueling, etc. with an IB flight code – are specifically excluded.

In addition, you CANNOT use your gift card to pay the taxes and surcharges on an award flight, EVEN if you are booking an Iberia reward via the Iberia Plus website.

And finally, the gift card will EXPIRE exactly ONE YEAR after purchase.

Worth it?

Unless you are definitely booking an Iberia flight this weekend, there is certainly some risk involved in handing over 425+ euros / pounds for a gift card that is only valid for a year.

But it is also close to free money for those readers who regularly fly on Iberia Airlines, as long as you are aware of the tough restrictions…