Virgin Atlantic has re-introduced its best-ever purchase miles promotion: For a restricted time, Flying Club members should buy Virgin Points with an as much as 70% bonus.
This newest promotion from Virgin Atlantic is tiered, that means the extra Virgin Points you purchase, the larger your bonus will likely be. The largest bonus you may get is 70%, whereas the smallest bonus is 20%. At the very best bonus, this drops the acquisition worth to 1.48 cents per level.
The tiered bonus construction for purchasing Virgin Points as a part of this deal breaks down as follows:
- Buy 5,000 to 24,000 factors, get a 20% bonus.
- Buy 25,000 to 69,000 factors, get a 30% bonus.
- Buy 70,000 to 119,000 factors, get a 50% bonus.
- Buy 120,000 to 200,000 factors, get a 70% bonus.
In different phrases, in case you’re desirous about getting a full 70% bonus, be ready to spend a great chunk of cash.
This promotion runs via Dec. 31. Keep in thoughts, too, that based on the phrases and circumstances, Flying Club members should purchase as much as 100,000 Virgin Points per calendar yr. However, the restrict has been elevated to 200,000 factors throughout this promotion.
Note that bonus factors earned as a part of this promotion don’t depend towards that whole. Additionally, all purchase factors transactions are topic to a $25 transaction payment.
U.S.-registered Flying Club accounts pay barely greater than U.Okay.-registered accounts for Virgin Points. As famous by One Mile at a Time, it is because Virgin Atlantic sells factors to U.S. accounts at a price of $27 per 1,000 factors earlier than the bonus. U.Okay. accounts pay 15 British kilos per 1,000 factors, equal to roughly $18.41 on the time of writing.
Is it value it?
Before leaping into the specifics, it’s value mentioning that TPG doesn’t suggest shopping for factors speculatively. In different phrases, you probably have no instant use for the bought factors, it will not be a good suggestion to purchase a big sum of them. That’s as a result of airline currencies are typically a foul long-term funding — at any second, they may very well be devalued with little discover.
Related: When does it make sense to purchase factors and miles?
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However, in case you do have a use for the factors, it is a nice alternative to prime up your Flying Club account stability. TPG values Virgin Points at 1.5 cents apiece. With this promotion, you should purchase factors for simply lower than the worth we worth them.
Virgin Atlantic-operated tickets are often accompanied by excessive gasoline surcharges, however many associate redemptions do not add these charges. Some of our favourite Virgin Atlantic Flying Club redemptions embody U.S. to Europe tickets in Delta One enterprise class for 50,000 factors and U.S. to Japan in ANA enterprise class for 45,000 factors one-way.
The London-based airline doesn’t run buy-miles promotions fairly often. If you’ve been ready for one, now’s the time to behave.
If you resolve to buy factors throughout this promotion, be certain that to pay with a bank card that maximizes your return on on a regular basis spending. One of the most effective choices is the Capital One Venture Rewards Credit Card which earns 2 miles per greenback on all purchases.
Related: Unlock unimaginable worth with Virgin Atlantic factors
Bottom line
This is a pleasant buy-miles promo from Virgin. If you’re available on the market for a number of additional Virgin Points, buying factors at simply 1.48 cents per level is a strong deal.
Keep in thoughts that Virgin Atlantic Flying Club can also be a switch associate of American Express Membership Rewards, Bilt Rewards, Chase Ultimate Rewards and Citi ThankYou. Amex is providing a 30% switch bonus to Virgin Atlantic via Dec. 29.
In different phrases, you’ll be able to switch factors you could already must Virgin Points at a 1:1 ratio — no buying factors concerned.
Additional reporting by Ben Smithson and Andrew Kunesh.