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Spanish airline Iberia has run gift card sales a few times over the past several years and they are once again offering up to 15% off on gift card purchases. While this could potentially save you some money, keep in mind that these gift cards expire in 1 year and can only be used on Iberia and Air Nostrum flights. This could certainly be a useful deal for someone who will spend a significant amount of time in Spain – just go in with your eyes wide open on the limitations.
The Deal
- Iberia is offering up to 15% off on promotional gift cards when you purchase by August 21, 2022. Discounts are as follows:
- Get a $50 gift card for $45 (10% off)
- Get a $100 gift card for $88 (12% off)
- Get a $300 gift card for $258 (14% off)
- Get a $500 gift card for $425 (15% off)
- 15% off any amount over $500 (can buy a gift card of up to $3000)
- Direct link to this promotion
Key Terms
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Purchase period: from 16/08/2022 to 21/08/2022
- Must complete travel by 8/16/23
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Use and flight: Up to 1 year from the date of purchase and without restrictions on Iberia, Iberia Express and Air Nostrum flights.
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Gift cards are not valid for flight+hotel or flight+car bookings.
Quick Thoughts
Again, the discounts here can obviously save you some money if you know you’ll be booking Iberia flights. That said, I’d be hesitant to buy given the short-term one-year expiration. Additionally, I generally prefer to book flights with a credit card that includes travel protections. You could still accomplish that my putting part of your flight purchase on a card that offers trip delay / cancellation / interruption coverage with partial payment, but it adds another dimension to consider. For instance, if you buy a large denomination to maximize the discount and you intend to use it on domestic flights within Spain, you may be covering flights in full with the gift card and eschewing credit card protections. That certainly may be worth it to you, but you’ll need to consider it and decide accordingly.
Note that not only does the gift card expire one year from purchase but you also need to complete travel within 1 year.
If you plan to spend a chunk of time in Spain in the not-distant future, these could certainly save you some money, though I wouldn’t buy these without pretty solid plans and/or a backup plan to travel to Spain at a later date within a year just in case.
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I purchased an Iberia gift card when they had a 25% offer a year or 2 ago. They wouldn’t budge on extending for more than a year even with COVID. And it wasn’t purchase within a year and fly past the year, it’s fly within a year of purchase. What I ended up doing was purchasing a free change fare and changing it for a future/past a year date.
Do you happen to know if the gift card can be used for Avios award ticket fees/taxes?
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Only usable on Iberia and not BA or Aer Lingus.
I’m thinking out loud and wonder if you could buy it, book a flight and cancel for a refund or flight credit. I assume that would also expire though.