Back in June, Iberia had a crazy promotion that many people jumped on. They were giving out 9,000 bonus Avios for every one way flight booked, up to 90,000 Avios total. With cheap paid flights available, this was an awesome deal that would let you buy Avios for less than 0.3 cents. From the terms of that promo, you had to use the Avios by December 1st, but the points have now disappeared. If you didn’t use them already, then you’ll see 90,000 Avios subtracted from your account. If you didn’t use them in full, you’ll see the remaining Avios gone.
But there’s another issue as well. A couple of weeks after that promotion, you were able to transfer these bonus Avios into your British Airways Executive Club account. But based on the terms of the promo, if you transfer these Avios to British Airways “you will have a negative balance in the Iberia Plus programme” once they are not used by 12/1/18.
Some people went ahead and transferred points anyway. Now Iberia has withdrawn the 90,000 Avios, leaving them with a negative balance.
Let me know in the comments in you had unused Avios or if you transferred them to BA. Also let me know how you redeemed your Avios.