One of the changes introduced in the Virgin Flying Club revamp in 2017 was a new-look ‘Points Plus Money’. Today I want to review whether Virgin Atlantic’s ‘Points Plus Money’ scheme is a good deal or not.
You can find full details on the Virgin Atlantic website here.
‘Points Plus Money’ was Virgin’s response to ‘Part Pay With Avios‘ and, to some extent, schemes such as Norwegian Reward which only let you use your points for a discount on a future cash booking.
British Airways has spent a couple of years trialling different variations of ‘Part Pay With Avios‘. We have seen changes in the maximum number of Avios you can use and we’ve seen changes, up and down, in what you got for them. During promotions you have occasionally been able to get more than 1p per Avios point which was an excellent result.
How does Virgin’s ‘Points Plus Money’ work?
Virgin Flying Club has taken a simpler approach:
there is NO tapering of value per point – you get the same value irrespective of how many you redeem
they do NOT run any promotions – the value per point remains static from month to month
The value is fixed at £16.50 for every 3,000 points you redeem. That means, to save you getting your calculator out, 0.55p per point. There is no limit to how many points you can redeem.
It is worth noting that this rate has quietly got worse since ‘Points Plus Money’ was launched in 2017, when you could get 0.6p per point.
Here’s the small print:
you can only use ‘Points Plus Money’ when booking a cash ticket online, but not in the app, on mobile or via the call centre
you can only use it on Virgin Atlantic operated flights, not codeshares or partners
the ticket can be for anyone – you do not need to travel
there are no blackout dates or inventory restrictions
you can upgrade or use vouchers as you can with a standard cash ticket
your ticket will earn points and tier points as usual
There is only one catch, but it won’t apply to many people. If you cancel a fully flexible ‘Points Plus Money’, you lose the points. You don’t get the cash equivalent back either. Very few leisure travellers book refundable tickets, however, so this is unlikely to impact you. This rule does not apply if you cancel during the 24 hour ‘cooling off’ period.
Is Virgin Atlantic’s ‘Points Plus Money’ good value?
No, not really. I look to get around 1p per mile from my Flying Club points when redeeming for mileage tickets so the idea of accepting 0.55p via this route is not attractive.
It is better value than using your miles for Kaligo.com hotel redemptions, Virgin Vouchers or similar non-flying redemptions. It is also better value than transferring your points into IHG Rewards Club or Hilton Honors points.
Imagine you earned your Virgin points via Tesco Clubcard. You would be using £1 of Clubcard vouchers for 250 Virgin points worth £1.38 of flight discount. This is not a very impressive return given some of the other Clubcard deals out there.
Imagine you earned your Virgin Flying Club points via Heathrow Rewards (1:1 transfer rate). You would be giving up £1 of Heathrow shopping vouchers for 55p of flight discounts!
If you earn all of your Flying Club points from flying for work – so you haven’t actually paid anything for them at all – then ‘Points Plus Money’ is an option to consider. If you have been collecting Virgin points via a partner instead then you should be turning your nose up at just getting 0.55p per point for them.
How to earn Virgin Points from UK credit cards (December 2020)
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, one has a bonus of 15,000 Points):
You can also earn Virgin Points from various American Express cards – and these have sign-up bonuses too.
(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.)