Easy Bonus 200 Avios When Converting BPme Reward Points For The First Time

BP has just launched a new promotion between its loyalty programme BPme and Avios. If you haven’t converted BPme Rewards points into Avios before, you will receive a 200 Avios bonus if you make a transfer before the 31st of March.

How do I join BPme?

There are two ways you can register…

1. Download the BPme App on your smartphone.
   
2. Register on the website but in order to do this you need to visit a BP garage first as you need to pick up a temporary card and then register online using the number on the card.

There is a 500 points bonus when registering which cannot be transferred out until you have earned 25 points.

How do I earn BPme Reward Points?

You will earn…

• 2 points for every 1L of Ultimate fuel purchased
• 1 point for every 1L of Regular fuel purchased
• 1 point for every £1 spent in a BP forecourt store (including car wash)

1 point is worth 0.5p in cash or 0.625p when transferred to Avios (if you value at 1p.)

How many Avios will I earn?

Every 40 BPme Reward points you convert will earn 25 Avios, this is a one-way conversion and you can’t convert in the opposite direction. You can earn the 40 BPme Reward points by filling up with 40 litres of standard fuel or £40 worth of shopping in the BP forecourt shop, or a mixed spend of both. This means you are earning 0.625 Avios per litre of fuel (0.416667 Avios per £1 if fuel is £1.50) and 0.625 Avios per £1 spent instore.

Is it worth doing?

If you are new to BPme making one fill at your local garage might be pretty attractive. You will get…

• 500 BPme Rewards points for joining
• At least 25 BPme Rewards points for buying the 25l of fuel
• 525 BPme Rewards points convert into 325 Avios
• There is a 200 bonus Avios for your first conversion, taking your total earnings to 525 Avios

If you value Avios at 1p it means a £5.25 ‘rebate’ on your first fill. Alternatively, if you converted them into Nectar points they’d be worth approximately £3.28.

Past this initial bonus, the ongoing earning rate isn’t great. At £1.50 a litre of fuel you’d only be earning a 0.33% rebate on your spend. This would decrease even further if you are paying even more. In BP forecourt stores you are earning 0.5% back on your spend. If you use BP anyway for your fuel you might as well sign-up but it’s certainly not worth switching for!

Is cash or Avios better value?

200 BPme Reward points converts into 125 Avios or £1 cash. As we value Avios at 1p (and thus £1.25) we think converting into Avios represents the better value option (you are technically buying them at 0.8p this way.)

Is there an auto-conversion feature?

Yes. You can set up a monthly auto-conversion of your BPme Rewards points to Avios. They will be moved across in chunks of 40 BPme Rewards points.

Conclusion

If you aren’t already a member of BPme you may want to consider signing up to get the sign-up/first conversion bonus. Other than this there isn’t really any ongoing benefit unless you regularly fill up at a BP garage. You can read more on the BPme website or the BA website.