For up to four travelers (and possibly more), FCF’s research team has discovered an opportunity to save up to $2,395/60% if you don’t have any miles and want to pay in cash or 167,000 miles when compared to normal/everyday prices traveling to/from the U.S.

For up to four travelers (and possibly more), FCF’s research team has discovered an opportunity to save up to $2,395/60% if you don’t have any miles and want to pay in cash or 167,000 miles when compared to normal/everyday prices traveling to/from the U.S.

SAMPLE SAVINGS FROM U.S. TO EUROPE IN Business Class using Amex Transfer bonus strategy:

Transfer Deal: Iberia and its point-transfer partner, Amex Rewards, are once again offering a 30% points-transfer bonus deal, valid through August 31. To view the deal you need to login to your Amex Rewards account here.

Sample Savings: Chicago to Madrid’s normal/everyday price can often be 220,000 when using American Airlines miles but if you use American Express’ points-to-miles transfer partnership 30% bonus deal with Iberia the cost is 68,000 Iberia miles round-trip. So, you could transfer just 53,000 points for a round-trip.

NO MILES? NO PROBLEM

SAMPLE SAVINGS FROM U.S. TO europe IN Business Class using Amex purchase strategy:

The published Business Class fare on Iberia’s Chicago to Madrid route is $3,962 r/t; through the Amex purchase strategy, you can pay $1,567 r/t (includes about $242 in award tax), a savings of $2,395 (60%).

More Info on Amex Buy Miles.

OR

American Airlines is currently running a deal whereby miles can be acquired for as low as 2.45¢ each (includes taxes and processing fee), through a new, up to 35% bonus miles purchase promo.

More Info on American Airlines purchase promotion.

SAMPLE SAVINGS FROM U.S. TO Europe IN Business Class:

The published Business Class fare on Iberia’s Chicago to Madrid route is $3,962 r/t; through the American Airlines purchase strategy, you can pay $2,872 r/t (includes about $60 in award tax), a savings of $1,090(27%).

New to buying miles? Know: FCF’s Beginner’s Guide: How to Play the “Buy Miles to Fly In Style” Strategy to Net Up to 90% Off Premium Travel.

More here on getting flights (based on availability) from around the U.S. to the hub (Chicago) AND/OR flights from the destination (Madrid) to the Europe.

More here on The Golden Key to Unlocking Lucrative Miles & Points Opportunities: FCF’s Sweet Redeems Part I and Part II–The Golden Key to Unlocking Lucrative Miles & Points: How to Use FCF’s Sweet Redeems to Save Up to 92% on First Class Flights (When You Don’t Have Any or Enough Miles or Point.