Rate my redemption: New York to London in British Airways economy, using Avios
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Today, TPG UK’s own social media superstar Liam Spencer shares his most recent redemption.
In July I’m flying to New York to film a very special video for TPG UK’s YouTube channel (stayed tuned!) with a few other members of the team. It will be the first time I’ve visited the ‘Big Apple’ since COVID-19 halted travel all the way back in March 2020, so I wanted to give myself a good amount of time to become reacquainted with the city. I booked a week’s holiday in the city following the work trip, with plans for another friend to fly out of London and meet me in NYC.
This meant I needed to book a flight back home to London in early August.
After a quick scan on Google Flights, the cheapest nonstop one-way economy fare available was a £422 ticket with Delta, and a British Airways flight would have cost £515. Neither of these options were particularly appealing, especially given that I’d built up a fairly hefty balance of over 200,000 points across various programmes during the last couple of years, with little chance to use them thanks to the pandemic.
I found excellent reward availability with British Airways, and decided to book a one-way ticket from JFK to London Heathrow in World Traveller economy for 30,000 Avios and £46 in taxes and fees. This to me felt like a great saving on the cheapest cash price, and also gave me a chance to dip into my points balance for the first time in a couple of years.
How do you rate my redemption?
Ordinarily, I don’t recommend redeeming any airline points or miles for long-haul economy flights. This is because the fees, taxes and surcharges can be close to the cost of a normal cash fare. For example, I can see return non-stop flights from London to New York from as low as £368 return in off-peak periods. You could alternatively redeem 13,000 Avios plus £400 in fees, taxes and surcharges return. This would not be a good redemption as you would be paying more in fees, taxes and surcharges than the cost of a cash fare, plus be parting with 13,000 Avios.
BA offer a sliding scale for Avios redemptions like this — you can reduce the cost of your fees, taxes and surcharges by paying with more Avios — this is what Liam did to pay only £46 on top of his Avios for his oneway flight.
A quirk of transatlantic flights is that one-way fares are often more expensive than a return flight on the same route and dates. Liam found a one-way BA flight for £515, though the price would have dropped to as low as £431 if he had booked a New York to London return, rather than a one-way flight.
Even compared to the £431 price, Liam is getting good value from his Avios redeeming the way he did. Using our current valuation of Avios of 1.1p each, his 30,000 Avios plus £46 in fees, taxes and surcharges would be worth £376. Using this to save £431 he’s getting around 1.3p value per Avios.
He would have achieved slightly better value by paying less Avios and more fees, taxes and surcharges on the sliding scale above, but I recognise Liam is keen to use more Avios as he has a large balance.
So, I rate this redemption a smart use of Avios. Just remember to check the price of return cash fares across the Atlantic next time, as you may find them cheaper than one-way.
Featured image by JT Genter / The Points Guy
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