RWRDS Daily Update – October 31

Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more.

Iberia Plus flight earning changes

Iberia Plus announced they are moving to reward Avios on flights based on spend rather than distance and fare class. This revenue based earning model is seen across many airline programs now such as Air France KLM, Lufthansa Miles & More, United MileagePlus and so forth. Earn rates will range from 5 Avios per Euro spent to 8 Avios depending on the status you have within the program.

While the move by Iberia won’t affect many Canadians – Iberia is part of IAG which also owns British Airways and in Iberia’s press release there is a quote from British Airways stating they will join Iberia in the method of awarding Avios in 2023. There are a lot of British Airways flyers in Canada and thus you can expect the Executive Club program to move to this revenue based earning model in 2023. Click here to learn more.

Ian Romanis, Head of Retail and Customer Relationship Management at British Airways, said: “We congratulate our colleagues at Iberia for introducing this change and we look forward to joining them in 2023. More announcements will follow about what this change will mean for our Executive Club programme, which will unlock even more opportunities for our Members to earn Avios when they fly.”

Image via Iberia

American Express Cobalt Multiplier

Cobalt Multipliers

One more new American Express Cobalt Card confirmed multiplier location for you. HANKKi Korean Street Food in Calgary codes as a 5x dining multiplier.

Check out all the confirmed locations here.

Image via American Express 

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Posts since our last update:


HSBC: Get up to 4.75%* total annual interest rate on new deposits ± on your HSBC High Rate Savings Account from October 17, 2022 to January 27, 2023.

Scotiabank: Make money while you wait. Earn up to 4.40% interest on your MomentumPLUS Savings Accounts for 5 months. Plus earn a $300* welcome bonus with the Scotiabank Ultimate Package!

Receive $5.00 free with the code AMPLI5 when you join Ampli by Avion Rewards

Canadian Bonus Offers

Wyndham Rewards
– 5,000 Bonus Wyndham Rewards points when you stay two or more consecutive nights with a check in Sun–Thurs at participating hotels in Canada and worldwide. This bonus is earned in conjunction with the current 3x points offer. Register & book by Jan 13, 22 for stays until Jan 16, 23. More…

Other Bonus Offers

Air France KLM Flying Blue
– Up to a 100% bonus when you buy Air France KLM Flying Blue Miles. Valid until Nov 6, 22 More…

Ethiopian ShebaMiles
– Double ShebaMiles when you fly on Ethiopian to/from Bulawayo. Valid for flights until Nov 30, 22 More…

Marriott Bonvoy
Atlanta 2,000 bonus Bonvoy Points PER NIGHT at the Four Points by Sheraton Atlanta Airport West. Until Nov 24, 22 More…
Miami 2,000 bonus Bonvoy Points PER NIGHT for stays at the Moxy Miami South Beach. Valid for stays until Dec 24, 22 More…
Orlando 5,000 bonus Bonvoy Points for stays of 3+ nights at the Fairfield Inn & Suites Orlando at FLAMINGO CROSSINGS® Town Center. Valid for stays until Dec 10, 22 More…