Virgin Flying Club has relaunched its offer with Virgin Money life insurance – and with a slightly higher mileage incentive.
Until 15th January 2020 Virgin Atlantic Flying Club members who take out a life insurance policy from Virgin Money will receive up to 26,000 Flying Club miles.
The number of miles you can earn varies by the monthly premium you choose:
This is a little better than it was when the offer last ran. The £40 band now offers 18,000 miles vs 16,000 miles, for example. The £50+ band went up from 25,000 miles to 26,000 miles.
The small print says that the miles will arrive up to 60 days after the sixth consecutive monthly payment. You will therefore be paying £300 to earn 26,000 miles if you pick a £50 per month policy.
It isn’t worth taking out unnecessary insurance purely for the miles. On the other hand, if you are currently paying for cover and can get a similar policy from Virgin Money for a similar price, this could be an easy way of picking up 26,000 miles.
How to earn Virgin Points from UK credit cards (October 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.
EDIT: Until 25th October 2022, there is an exceptionally generous sign-up bonus on The Platinum Card. You will receive 60,000 Membership Rewards points – double the usual amount – and £200 to spend at Amex Travel. You need to spend £6,000 within six months to earn the bonus.
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.)