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Fly Iberia Business Class to Europe from 37K-41K Avios per person each way (with the Iberia fare sale that ends today 1/26) from Chicago ORD, Orlando MCO, or San Juan SJU.
Even without the fare sale, off-peak Avios rates are 41,000 Avios from Boston BOS, Chicago ORD, New York JFK, San Juan SJU, Toronto YYZ and Washington, DC IAD, or 51,000 from Dallas DFW, Miami MIA, and Orlando MCO.
Transfer points instantly to Iberia or British Airways from Chase Ultimate Rewards, AMEX Membership Rewards, Bilt, or Wells Fargo. The 3X-4X category bonuses of the Sapphire Reserve, the 2X-3X bonuses of the Sapphire Preferred, and the 3X bonuses of the Ink Business Preferred can make this a great redemption.
Here's the rough availability by destination:
- BOS-MAD: late Oct., Nov.-Dec. 2026 and Jan. 2027
- MAD-BOS: very few June-Oct. 2026 dates, best. availability Nov.-Dec. 2026 and Jan. 2027
- ORD-MAD: very few Feb.-March and Dec. 2026 dates, best availability Jan. 2027
- MAD-ORD: several Feb.-March and Nov. 2026 dates, best availability Dec. 2026-Jan. 2027
- DFW-MAD: a few Nov.-Dec. 2026 and Jan. 2027 dates
- MAD-DFW: very few Aug.-Sep. 2026 and Jan. 2027 dates, best availability Dec. 2026
- MIA-MAD: several Dec. 2026-Jan. 2027 dates
- MAD-MIA: a few March, Aug., Nov. 2026 and Jan. 2027 dates, best availability Dec. 2026
- JFK-MAD: several Nov.-Dec. 2926 and Jan. 2027 dates
- LAX-MAD: several Jan. 2027 dates
- MAD-JFK: best availability Nov.-Dec. 2026 and Jan. 2027
- MCO-MAD: A few Feb., Aug., and Nov. 2026 dates, best availability Dec. 2026-Jan. 2027
- MAD-MCO: several Feb.-March, July-Sep. and Nov. 2026 dates, best availability Dec. 2026-Jan. 2027
- SJU-MAD: several Feb.-March, Aug., Nov. 2026 dates, best availability Dec. 2026-Jan. 2027
- MAD-SJU: several Feb.-March, June-Nov. 2026 and Jan. 2027 dates, best availability Dec. 2026
- YYZ-MAD: very few July-Aug. 2026 dates
- MAD-YYZ: very few Aug. 2026 dates
- IAD-MAD: a few Jan. 2027 dates
- MAD-IAD: a few Dec. 2026-Jan. 2027 dates
If wanting to fly Iberia's new A321XLR with 1-1 seat configuration (similar to JetBlue's new Mint Business Class), select a flight to or from Boston, Toronto, or IAD. Select flights from JFK and SJU are also on Iberia's new A321XLR.
Here's our Iberia A330 Business Class video review:
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Where to Stay in Madrid
In Madrid, we loved our stay in the Four Seasons Madrid, which enjoys al fresco dining on the rooftop terrace at Dani Brasserie (which is also where our Four Seasons Preferred Partner clients enjoy complimentary breakfast daily). Don't miss the sunlit atrium swimming pool and sun terrace.
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The Mandarin Oriental Ritz Madrid, by the Prado Museum, is more classically elegant in style, and has a fantastic breakfast buffet.

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The Thompson Madrid is another option, although we've had mixed service experiences during our multiple stays there.

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