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Get up to 40% bonus buying Virgin Flying Club miles – but is it worth it?

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Virgin Atlantic has re-launched its semi-regular bonus for buying miles. Here are the rates:

2,000-9,999 miles = 15% bonus miles
10,000-29,999 miles = 20% bonus miles
30,000-69,999 miles = 30% bonus miles
70,000-150,000 miles = 40% bonus miles

With this promotion, Virgin has increased the annual purchase limit to 150,000 miles from 100,000 miles. You can buy here.

As usual, these deals are best used to either:

top-up your account for a redemption you plan to make soon, or

buy all the miles you need for a redemption where availability is showing

Get 40% bonus buying Virgin Atlantic miles

It does NOT make a lot of sense to buy on a speculative basis at these prices.  Even if you buy the largest possible quantity, which is 210,000 miles for £2,265, you are still paying 1.08p per mile.  Whilst you can get far better value than this when redeeming, the ‘profit’ isn’t so great that I’d be willing to tie up my money without having a clear redemption plan.

Before buying, think if you have any American Express Membership Rewards points, Tesco Clubcard pointsHeathrow Rewards points or hotel loyalty points which you could transfer instead. Remember that Amex points transfer instantly if your accounts are already linked.  A cheaper way of getting 10,000 Virgin Flying Club miles would be to get the free – in Year 1 – American Express Preferred Rewards Gold credit card and transfer the 10,000 Amex points sign-up bonus.

And, of course, you currently receive 12,000 Virgin Flying Club miles with the FREE Virgin Atlantic Reward credit card and 30,000 Virgin Flying Club miles when you take out the £160 Virgin Atlantic Reward+ credit card.  This is a better deal than buying the miles!  Full details of the Virgin Atlantic credit cards, and a few ideas to help you choose which is best for you, are in this article.

The promotion closes at midnight BST on the 30th June.

(Want to earn more Virgin Flying Club miles?  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.)