Maximise your Avios, air miles and hotel points

Forums Frequent flyer programs Virgin Flying Club Virgin Points 8k GIA/ISA offer

  • Ash 620 posts

    I recall someone posting you can double on the offer , but I cant find the post.

    If ayone is able to shed light on it, thank you in advance.

    My understanding is £5k in the account by 30th June, left till July 31st.

    Question is if you do that for an ISA, and a GIA, do you get the 8k points twice?

    Blair Waldorf Salad 1,187 posts

    Can you send external link to this offer?

    Ash 620 posts
    Sam 101 posts

    Your answer is in the terms and conditions

    Ash 620 posts

    Refreshing to find plain speaking T&Cs….

    Offer limited to one Stocks and Shares ISA and one Investment Account per customer and each account, separately, must meet the offer criteria (if they both do then you’ll get double the reward – happy days!).

    Paul B 225 posts

    If doing this purely for the 8k (x2) what’s most likely the cheapest route, I’m guessing opening and funding just before the 30th for a start?

    Rich_A 92 posts

    £5k into the cautious fund would only cost you £3 in charges for the month, assuming you came out about even on the investment.

    If you’re subscribing to an ISA, though, you’d have to decide whether you want to keep it with Virgin (and their charges), transfer it to a cheaper provider after July, or sell and surrender this year’s ISA allowance. A bit messy for £80 worth of points, when you could get £200 from a bank switch!

    Paul B 225 posts

    £5k into the cautious fund would only cost you £3 in charges for the month, assuming you came out about even on the investment.

    If you’re subscribing to an ISA, though, you’d have to decide whether you want to keep it with Virgin (and their charges), transfer it to a cheaper provider after July, or sell and surrender this year’s ISA allowance. A bit messy for £80 worth of points, when you could get £200 from a bank switch!

    Is there any price to sell or move to another provider? Happy to surrender my allowance (this year)

    Ash 620 posts

    Quite a few other providers pay you an award to transfer your ISA to them …nutmeg sometimes has a £50 offer to transfer to them. More if it’s a bigger ISA pot.

    RonnieB 299 posts

    Just some feedback on this offer, I stuck in £5k a month ago and it’s now worth £5195, so pretty good return for them giving me 8000 FC points, pretty happy!

    It was in the riskier investment fund.

    kiley 157 posts

    Just some feedback on this offer, I stuck in £5k a month ago and it’s now worth £5195, so pretty good return for them giving me 8000 FC points, pretty happy!

    It was in the riskier investment fund.

    I did exactly the same and yes a good return of 195!
    Have you points dropped? Mine haven’t yet

    RonnieB 299 posts

    Just some feedback on this offer, I stuck in £5k a month ago and it’s now worth £5195, so pretty good return for them giving me 8000 FC points, pretty happy!

    It was in the riskier investment fund.

    I did exactly the same and yes a good return of 195!
    Have you points dropped? Mine haven’t yet

    No I am expecting a code to drop a few days after the 31st as per T&Cs….which is tomorrow!

    kiley 157 posts

    Ok, thanks,

    I went hight risk too, and can’t help but check ever😥

    Ash 620 posts

    Went low risk/defensive and it’s up £100..plus £50 for switching to Nutmeg and 2x 8k from virgin. Nice result.

    Jonathans 129 posts

    Am I right in thinking it’s safe to transfer the ISA out now even though I haven’t received the code for the 8k points yet?

    drdan 107 posts

    I went for 5k in the low risk, late June to Aug 1st…and cashed out at £5050.

    The Ts &C’s are clear to hold til July 31st hence the 1st August withdrawal.

    The Terms state a code within 30 days of end of promo..ie end of August…if it doesn’t materialise then a formal complaint and FCA will be the route.

    Ash 620 posts

    Anyone received their code early?

    Paul B 225 posts

    Has anyone received their code(s) yet? I haven’t yet, however closed my GIA and ISA today having met the terms.

    drdan 107 posts

    Not me…but as per prior post, they have til end of August to email u the code.

    Paul B 225 posts

    Not me…but as per prior post, they have til end of August to email u the code.

    Ah yes that’s correct.Have you exited your investment?

    RonnieB 299 posts

    The fund dropped quite a bit last week, but Im going to stay in until I get the points.

    Paul B 225 posts

    The fund dropped quite a bit last week, but Im going to stay in until I get the points.

    I’ve now withdrawn (closed accounts), hopefully will receive the codes without issue. The fund did indeed start to drop last week and it looks like I’ve exited with exactly what I originally invested.

    drdan 107 posts

    Not me…but as per prior post, they have til end of August to email u the code.

    Ah yes that’s correct.Have you exited your investment?

    I exited 1/8 to ensure I was meeting the Ts+C’s with 50 quid profit….timed well given the funds drop since.

    degsy 156 posts

    Still waiting for the code to land – has anyone received theirs yet?

    Ash 620 posts

    Nothing yet

  • You must be logged in to reply to this topic.

The UK's biggest frequent flyer website uses cookies, which you can block via your browser settings. Continuing implies your consent to this policy. Our privacy policy is here.