Yesterday we covered the new Virgin Flying Club redemption promotion. You can get a 30% discount on the number of miles required to redeem for selected destinations this Summer.
There is a second part to this offer
Virgin is also offering a 30% bonus when you buy Virgin Flying Club miles.
The link to buy, transfer or gift miles is here. However there is NO bonus for gifting or transferring miles – only for buying them for yourself. MilesBooster is not included either.
The closing date for the bonus is 19th June.
Virgin now allows you buy to a whopping 100,000 miles per year (130,000 under this offer) at an equally whopping cost of £1,515!
Is this a good deal?
As usual with these cases, the answer is “not really, unless you want to do an immediate redemption”.
To buy 20,000 miles, for example, comes out at £315. With the 30% bonus, you would actually receive 26,000 miles. This works out at 1.21p. Even at the 100,000 mile level you are paying 1.16p per mile.
You would struggle to get good value if you bought all of the miles you needed for a redemption at that price but of course topping up an account is a different matter.
If you are just a few thousand miles short of what you need for a redemption you are planning, this could be a way of picking them up more cheaply than you otherwise could.
Even then, though, look at your other options.
Even if you need the miles instantly, you have options. Transfers from American Express Membership Rewards are instant as long as your accounts are already linked.
If you need the miles within 24-48 hours, a transfer of Tesco Clubcard points may be a better deal.
If you need the miles within a week or so, a transfer of Heathrow Rewards points or hotel loyalty points may do the trick.
And, if you’re not in a hurry, you can get 20,000 Virgin Flying Club miles if you convert the sign-up bonus for the (free in the first year) American Express Gold credit card (review). This will post as soon as you have spent £2,000.
If you need the miles more quickly, the 5,000 miles for getting the new Virgin Flying Club Reward credit card (review) will be triggered after your first purchase and are arriving fairly quickly. The £160 Reward+ card (review) has a higher bonus of 15,000 miles.
In general, it isn’t easy to get a lot more than 1.2p of value (if you are realistic about the value of your ‘free’ redemption flight) from any airline mile and you shouldn’t be paying 1.2p for them unless you have a definite plan.
How to earn Virgin Points from UK credit cards (December 2022)
As a reminder, there are various ways of earning Virgin Points from UK credit cards. Many cards also have generous sign-up bonuses.
You can choose from two official Virgin Atlantic credit cards (apply here, the Reward+ card has a bonus of 15,000 Virgin Points):
You can also earn Virgin Points from various American Express cards – and these have sign-up bonuses too.
American Express Preferred Rewards Gold is FREE for a year and comes with 20,000 Membership Rewards points, which convert into 20,000 Virgin Points.
The Platinum Card from American Express comes with 30,000 Membership Rewards points, which convert into 30,000 Virgin Points.
Small business owners should consider the two American Express Business cards. Points convert at 1:1 into Virgin Points.
(Want to earn more Virgin Points? Click here to see our recent articles on Virgin Atlantic and Flying Club and click here for our home page with the latest news on earning and spending other airline and hotel points.)