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The Virgin Atlantic credit cards just got a LOT more valuable

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Virgin Atlantic has announced some changes today to the vouchers that you can earn with its Virgin Atlantic Reward and Reward+ credit cards. These are a substantial improvement and you might be tempted to take out (or take out again) one of the two cards.

Importantly, these changes apply retrospectively. If you have any unused vouchers, the new rules will apply to them.

All bookings made from today will benefit from these changes.

I have just published three articles covering the improvements to Virgin Flying Club announced today:

Full details can be found on the Virgin Atlantic website here.

Click for an article which will help you decide which of the two Virgin Atlantic credit cards is best for you.

How do you earn a Virgin credit card voucher?

As a reminder, you receive a voucher each card year when you spend £10,000 on the ‘£160 with a 15,000 miles bonus’ Virgin Atlantic Reward+ Mastercard (apply here):

Virgin Atlantic Reward+ Mastercard

18,000 bonus points and 1.5 points for every £1 you spend Read our full review

or £20,000 per year on the ‘free but no bonus’ Virgin Atlantic Reward Mastercard (apply here):

Virgin Atlantic Reward Mastercard

3,000 bonus points, no fee and 1 point for every £1 you spend Read our full review

The vouchers could be used for three things:

  • a 2-4-1 deal on Virgin Flying Club redemptions – this got you two redemption flights for the miles of one (taxes and charges apply to both, Virgin Atlantic aircraft only) BUT there were restrictions on the class you could book
  • an upgrade voucher valid for 1 x return flight or 2 x one-way flights BUT valid only for upgrades from Economy to Premium
  • a voucher for Virgin Atlantic Clubhouse lounge access, if you were flying Virgin Atlantic in Economy or Premium

Here is a summary of the changes:

HFP Virgin Atlantic Rewards credit card

The 2-4-1 voucher has become a LOT more flexible

You can now, with some restrictions, use the 2-4-1 voucher in ANY class REGARDLESS of your Virgin Flying Club status.

All members can use the voucher for Upper Class or Premium if they wish.

This is a major improvement. Previously:

  • Red members could only redeem a 2-4-1 in Economy
  • Silver members could also redeem in Premium
  • Gold members could also redeem in Upper Class

Going forward, the 2-4-1 voucher will work like this:

Red (base level) members can use their 2-4-1 voucher in Economy, Premium and Upper Class. However, the discount in Upper Class is only 50%. This means that your voucher is effectively a ‘2 for 1.5’ voucher when used in Upper Class.

Silver and Gold members can use their 2-4-1 voucher in all classes. This is massive improvement for Flying Club Silver members who now get access to Upper Class at a true ‘241’ rate.

Let’s look at an Upper Class return to Barbados:

  • Yesterday, a Red or Silver Flying Club member needed 230,000 miles for 2 x off-peak Upper Class tickets
  • From today, with the credit card 241 voucher, a Red member would need (115,000 x 1.5) 172,500 miles, saving 57,500 miles
  • A Silver member would need 115,000 miles, saving 115,000 miles

You can retrospectively apply a voucher too

This is not in the stated rules, but Virgin staff have told me that if you have an existing booking and a voucher in the bank then you can call up and apply it.

This means that, if you had booked 2 x Upper Class mileage flights to Barbados yesterday and you have an unused voucher, you should call. A Red will get a refund of 50% on the 2nd ticket whilst a Silver member will get a full miles refund on the 2nd ticket.

Your 2-4-1 voucher is now also valid on CASH tickets

You can now also use your 2-4-1 voucher on CASH tickets. This is a game changer for anyone who does not have a lot of miles.

Here is the important thing to remember. Even though you are buying your first ticket for cash, you still need Flying Club reward availability for the 2nd ticket.

If there are no Flying Club seats available for redemption, you can’t do this, even if additional seats are available for cash.

The restrictions are the same as for the 2-4-1 on redemption tickets:

  • A Red member can pay cash for an Economy or Premium ticket and receive a 2nd ticket for free (taxes and charges apply)
  • A Red member can pay cash for an Upper Class ticket and receive a 2nd ticket for 50% of the standard number of miles (taxes and charges apply)
  • A Silver or Gold member can pay cash for a ticket in any class and receive a 2nd ticket for free (taxes and charges apply)

Remember that the 2nd ticket comes from reward availability.

The only downside here is that your cash ticket will not, unless you pay full fare, be cancellable or refundable. It may still be more attractive to use your 2-4-1 voucher for two mileage tickets because those will be refundable for the usual fees.

HFP Virgin Atlantic Rewards Plus Credit Card

The upgrade vouchers are improving too!

Instead of using your credit card voucher for a 2-4-1 booking, you can also use it to upgrade a flight.

The upgrade vouchers are valid on BOTH cash and redemption flights.

Previously, the upgrade vouchers could only be used to upgrade from Economy to Premium. It was not possible, irrespective of your status, to upgrade a Premium ticket to Upper Class.

From today, these restrictions disappear. All credit card holders with a voucher can upgrade:

  • a cash Economy Classic or Economy Delight ticket, or a redemption Economy ticket, to Premium
  • a cash or redemption Premium ticket to Upper Class

You can either upgrade a return flight for one person or half of a return flight for two people. You can only upgrade if there are reward seats showing in the higher class, as your seat will book into those.

This is a massive win for cardholders who can now (subject to a reward seat in Upper Class being available) upgrade a relatively low cost Premium ticket to a fully flat bed.

Even the Clubhouse vouchers are improving!

The third, and admittedly least valuable, way of using your annual credit card voucher is for a Virgin Atlantic Clubhouse lounge pass.

Here is our most recent review of the Virgin Atlantic Clubhouse lounge at Heathrow Terminal 3 – currently closed of course, as Virgin Atlantic is temporarily in Terminal 2. You will never see a list of the top 10 global airport lounges which doesn’t include it.

Your voucher used to be valid only when flying with Virgin Atlantic. It is now valid if you are flying with Delta Air Lines, KLM or Air France too. Of course, KLM and Air France use Terminal 4 at Heathrow so for those two airlines this is only a benefit you could use outside the UK.

Conclusion

The Virgin Atlantic website has more details on the changes here.

Ever since the Virgin Atlantic credit cards launched two years ago, I have been pushing the team to allow ALL cardholders to use the 2-4-1 voucher in Upper Class.

These changes don’t fully do that, but the other improvements make up for it. In summary:

  • All card holders can now use their voucher for a ‘2-4-1’ booking in all classes on a MILEAGE ticket. Base level members only get a 50% discount on the 2nd ticket if they redeem in Upper Class. Taxes and charges apply to the 2nd ticket.
  • All card holders can now use their voucher for a ‘2-4-1’ booking in all classes on a CASH ticket. Base level members must pay 50% discount of the cost of a mileage ticket for the 2nd ticket if they redeem in Upper Class. Taxes and charges apply to the 2nd ticket.
  • All card holders can now use their voucher to upgrade a cash or mileage Premium ticket to Upper Class. There must be reward availability showing in Upper Class.

On Saturday I will publish a full comparison of both credit cards so you can consider which one may suit you best.

Virgin Atlantic Reward Mastercard

Bonus: 3,000 points

Read our full reviewApply here

Other information:

  • Get a ‘2 for 1’ voucher, valid on cash or points tickets, when you spend £20,000 in a year
  • Alternatively, claim an upgrade voucher or Clubhouse lounge passes
  • Annual fee: Free

Representative 26.9% APR variable

See if you qualify for the 3,000 points sign-up bonus +

You receive a bonus of 3,000 Virgin Points after your first purchase, however small.

You may want to consider applying for the Virgin Atlantic Reward+ Mastercard instead for its higher bonus.  This comes with a £160 annual fee but has a sign-up bonus of 18,000 Virgin Points.  You also receive a higher earning rate of 1.5 miles per £1 spent.

You cannot apply if you have had the free Virgin Atlantic Reward credit card in the previous six months.  You are free to apply if you have any other Virgin Money credit card or the paid-for Virgin Atlantic Reward+ credit card.

Learn more about the card benefits +

When you spend £20,000 per year on the Virgin Atlantic Reward Mastercard, you can choose a benefit.  This is what you can pick from:

A 2-4-1 voucher, valid for two years, for a Virgin Atlantic cash flight or Virgin Flying Club redemption, in Upper Class, Premium or Economy

A return upgrade – on either a cash or points ticket – from Premium to Upper Class, or from Economy Delight/Classic to Premium.  You can either upgrade 1 x return flight if travelling alone or 2 x one-way legs of two return flights if travelling with someone else.

For elite members, Virgin Clubhouse lounge passes (require a same-day Virgin Atlantic or Delta Air Lines flight) – one pass if you are Silver, two passes if you are Gold

Here’s the small print:

If you are a Red (no status) member, you need to pay 50% of the points for your 2nd ticket if you redeem your 2-4-1 voucher in Upper Class.  This means that, for Upper Class redemptions for Red members, it is effectively a ‘2 for 1.5’ voucher. For Economy or Premium redemptions, it is a genuine ‘2 for 1’.

Taxes and charges need to be paid on the ‘free’ ticket as part of your 2-4-1 booking

Vouchers are valid for two years and you must fly the outbound leg of your trip before the expiry date

Virgin Atlantic Reward+ Mastercard

Bonus: 18,000 points

Read our full reviewApply here

Other information:

  • Get a ‘2 for 1’ voucher, valid on cash or points tickets, when you spend £10,000 in a year
  • Alternatively, claim an upgrade voucher or Clubhouse lounge passes
  • Annual fee: £160

Representative 69.7% APR variable based on an assumed £1,200 credit limit and £160 annual fee.  Interest rate on purchases 26.9% APR variable.

See if you qualify for the 18,000 points sign-up bonus +

You receive a bonus of 18,000 Virgin Points after your first purchase, however small.

There are no restrictions on earning the bonus if you are accepted.

You cannot apply if you have had a Virgin Atlantic Reward+ credit card in the previous six months.  You are free to apply if you have any other Virgin Money credit card or the free Virgin Atlantic Reward credit card.

Learn more about the card benefits +

When you spend £10,000 per year on the Virgin Atlantic Reward+ Mastercard, you can choose a benefit.  This is what you can pick from:

A 2-4-1 voucher, valid for two years, for a Virgin Atlantic cash flight or Virgin Flying Club redemption, in Upper Class, Premium or Economy

A return upgrade – on either a cash or points ticket – from Premium to Upper Class, or from Economy Delight/Classic to Premium.  You can either upgrade 1 x return flight if travelling alone or 2 x one-way legs of two return flights if travelling with someone else.

For elite members, Virgin Clubhouse lounge passes (require a same-day Virgin Atlantic or Delta Air Lines flight) – one pass if you are Silver, two passes if you are Gold

Here’s the small print:

If you are a Red (no status) member, you need to pay 50% of the points for your 2nd ticket if you redeem your 2-4-1 voucher in Upper Class.  This means that, for Upper Class redemptions for Red members, it is effectively a ‘2 for 1.5’ voucher. For Economy or Premium redemptions, it is a genuine ‘2 for 1’.

Taxes and charges need to be paid on the ‘free’ ticket as part of your 2-4-1 booking

Vouchers are valid for two years and you must fly the outbound leg of your trip before the expiry date

Comments (172)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • Lev441 says:

    I cancelled my rewards+ card yesterday! Talk about bad timing…

    However the paltry credit limit of 4K and with virgin money refusing any increases over the last 6 months I’ve decided that it’s time for the card to go. I have 2 x vouchers in my account (with now extended expiry dates). If I need any more miles to use the vouchers, I have plenty of Clubcard and Amex MR points!

  • Graeme says:

    I can’t see anything other than upper class reward availability for next April and May around my dates to MCO. All E and PE has been removed since last week.

  • TripRep says:

    Genuine impressive improvements, well done VS.

    Great my voucher has been extended.

    That said still don’t know when I’ll be stepping on a flight again.

    • Paul says:

      Where can we find the voucher expiry date? All I simply see is an entry of ‘voucher’ in the Flying Club statement!

  • cinereus says:

    Still awful value when the taxes make any redemption in any class poor value.

    • Rob says:

      You should see how much 4 x Upper Class cash tickets to Barbados over October half-term cost ….

  • The Streets says:

    Apologies if this has already been asked, but Rob any help or advice for those who have reapplied for the card but been rejected. Should I write to Virgin asking to reconsider? I have a near perfect credit score…

    • Rob says:

      Writing used to work, yes. Jubilee House was it, I think, if you Google Virgin Money.

    • Harry T says:

      I appealed by writing to the team in Newcastle. Accepted with a credit limit appropriate for a 21 year old in his first job…

  • Rahaney says:

    With these changes do you value the Reward+ more than the HSBC WE?

    • Rob says:

      Obviously a higher earn rate per £1 and the improved vouchers is in theory better. It is more about whether you are happy with Virgin and its route network vs the 4 airline partners you get with WE.

      • dezbez says:

        What about v the BAPP card now Rob which, based on previous articles, seems to be considered the benchmark?
        Would be a great new article, I reckon…

        • Doug M says:

          Isn’t the real difference here whether you’d rather fly Virgin or BA. There’s £30 difference in the card cost, and some difference in the ‘points’ required dependant on route. But if you’re picking up a couple of £2K business returns then a difference of maybe £200 worth of points wouldn’t be my deciding factor.
          If you just want business class returns and have no status then BA would probably be cheaper overall as the Virgin voucher for non Golds in UC is only a 2-4-1.5.
          Using NYC as an example either would charge you around £1200 in fees for 2 business returns. With BA the Avios would be 100K or 120K depending on date, with Virgin it would be 142.5K flying club miles. But all these numbers vary with destination, class of travel and status with Virgin.
          All in all the answer is who has availability, and if both who would you rather fly with.
          If you’re starting from scratch and wondering who to collect with I’d definitely go with who I’d rather fly with assuming the destination is on their network.

          • memesweeper says:

            … and if your preferred destinations are on both networks, historically, Virgin has had a slightly better product in premium and business than BA.

            I’ve found redemptions to the Caribbean impossible to obtain from Virgin in the past. BA guarantee a few seats on every flight.

            A Mastercard is a ton more useful than an Amex. If you can earn twice as many points on the Virgin card that’s going to make the difference for many people.

  • Vit says:

    Initially applied for the (free card) with a plan to top up my HHonors points. So far, have not transferred out to Hilton as yet and this might just force me to rethink my game plan. Cheers, Rob!

  • Brian says:

    How well does Virgin work with NatWest mortgages, NS&I and Vanguards atm?

    With these changes am very tempted to channel all spending into it but would probably sign up with Curve Metal if the maths work out.

    • Reney says:

      I overpay my NatWest mortgage direct with a credit card. Can’t remember if I ever tried it with the Virgin one but have never been charged extra for it. Try it with £10.

This article is closed to new comments. Feel free to ask your question in the HfP forums.

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