Today (14th) is the last day for Virgin Flying Club’s biggest ever deal for buying Virgin Points – see here.
The maximum bonus is 70%. The landing page says 60% but, when you log in, many people see 70%.
To put this in perspective, before 2020 Virgin Atlantic had never even run a 50% bonus. 15% to 30% was the best you could expect. 50% was big but the current 70% is huge.
As this scale, you should think about the offer even if Virgin Points are not usually your thing.
The closing date for the bonus is tonight, 14th August. The bonus is staggered and those who are targetted for 70% will see:
- 20% bonus when you buy 5,000 – 24,000 points
- 30% bonus when you buy 25,000 – 69,000 points
- 50% bonus when you buy 70,000 – 99,000 points
- 70% bonus when you buy 100,000 – 150,000 points
At the top end, 150,000 Virgin Points, which comes to 255,000 points with the bonus, will cost you £2,250. This works out at 0.88p each.
0.88p is exceptionally cheap for a direct miles purchase. Most Virgin Atlantic commercial partners will be paying the airline more than 0.88p for their miles.
What sort of deals can you get with 0.88p miles?
The issue with Virgin Points is that there are virtually no short haul opportunities to spend them. The best deals are long haul Business Class flights across the Virgin Atlantic network, and of course the route network is limited.
You can see the Virgin Atlantic reward chart on this page of their website.
Unsurprisingly, the numbers are not dissimilar to the Avios chart and you will find that taxes and charges are also very similar.
There is no point paying 0.88p per point unless you want premium cabin flights.
The Virgin Red app (download here) has a huge number of interesting redemptions but they are almost all based on giving you 0.5p per point. Similarly, using your Virgin Points to part-pay for a cash Virgin Atlantic flight or a Virgin Holiday will get you around 0.55p as we show here. This isn’t any good if you paid 0.88p for them.
There are great deals with partners
Here is the upside:
- The fact that you can now book Air France and KLM flights with Virgin Points is HUGE. Suddenly, parts of the world which were not available to you because of the limited Virgin Atlantic network are bookable. Our in-depth look at redeeming Virgin Points on Air France and KLM is here. It is a shame that this launched one month before covid wrecked the airline industry – I still don’t know anyone who has flown a long-haul Air France or KLM flight using Virgin Points.
- ANA remains, by far, the best value partner redemption. This article explains how to book ANA’s amazing business class seat to Tokyo for just 95,000 Virgin Points return, or for 120,000 points in First Class.
- There is astonishing value in Delta redemptions from the US to Continental Europe, because the one way taxes are just £4 as we explain here
Don’t forget the 2-4-1 voucher with the Virgin Atlantic credit cards
If you do choose to buy points, remember that you receive 15,000 Virgin Points with the £160 Virgin Atlantic Reward+ credit card. You may prefer to do this than buying another 15,000 points.
Our full review of the Virgin Atlantic Reward+ credit card is here. This article also gives you an overview of how the 2-4-1 voucher issued by the Virgin credit cards works, and I will cover it separately in an article over the weekend. Buying points for 0.88p and redeeming them with a Virgin Atlantic 2-4-1 voucher would offer excellent value.
You can also convert American Express Membership Rewards points into Virgin Points from:
- Preferred Rewards Gold (20,000 points sign-up bonus and free for a year)
- The Platinum Card (30,000 points sign-up bonus)
- American Express Rewards (5,000 points sign-up bonus and free for life)