I'm looking at a flying 5/29 JFK-MAD and 6/8 BCN-JFK and for the same flights, Ibera is $520 RT and Chase is $631 RT. That's really ridiculous and destroys my UR point value. Is this common? I haven't seen it as bad for domestic flights?

Iberia Avious points are also a terrible redemption value for this flight so I guess I'll just pay cash, but was really hoping to use up some UR points here.

Anyone have any ideas?