Deal has now expired, view more bank account bonuses by clicking here.
Update 11/8/19: Sites with affiliate links are reporting that this deal will end on December 18th, 2019.
The Offer
- Receive up to 65,000 Virgin Atlantic Flying Club miles when you sign up for the Virgin Atlantic World Elite MasterCard® credit card from Bank of America. Sign up bonus is broken down as follows:
- 60,000 miles after $2,000 in spend within the first three months
- 2,500 miles when you add an authorized user (up to a maximum of two, or a total of 5,000 miles)
- There is also an anniversary bonus of 15,000 miles that has a spending requirement as well:
- 7,500 miles if you spend $15,000 within the previous year
- An additional 7,500 miles if you spend $25,000 within the previous year
The Fine Print
- Annual fee of $90 is not waived
- Earns 3x miles on all Virgin Atlantic purchases that are made directly
- Earns 1.5x on all other purchases
- Companion ticket when you spend $25,000 annually
Our Verdict
The normal increased offer is 75,000 miles, but requires $12,000 in spend. This is 10,000 less miles, but requires $10,000 less spend (keep in mind if you spent that $10,000 you’d also earn 15,000 miles from the $10,000 in spend as well). I think this offer is actually better for a lot of people due to the much lower minimum spend requirement, although most people don’t find Virgin Atlantic miles to be the most valuable. Keep in mind that getting approved for Bank of America cards can be difficult and they might have other card offers you might be more interested in, for example:
- Bank of America Premium Rewards 50,000 Points + $100 Travel Credit
- Bank of America Alaska 40,000 Miles + $100
- Bank of America Amtrak Credit Card 40,000 Points + $100
- Bank of America Spirit Airlines – 30,000 Miles + $100
As always if you have any questions about Bank of America credit cards, I’d recommend reading this post first.
Hat tip to m16p
is this churnable btw? don’t see any 24mo language on this, was wondering if possible to maybe open two of these in short period of time
must be at least 90 days. It seems not very easy to get approved, better have a checking account with some cash in.
Why is there no mention of the new 3/12 (no BofA deposit account) or 7/12 (for those with a BofA deposit account)?
I finally got approved for VA recently when I dropped under 3/12, had tried twice before and got denied. Boa moved credit from another card to give me VA without me even requesting it. I’m hoping to go to Japan on ANA so was really wanting this one. Also had recently put a lot of spend through my cash rewards card, maybe that helped.
Too bad bank of America doesn’t think I am good enough to get one of their cards
I got denied despite high credit score. They said too many recent applications and no history with BoA. I was shocked.
Would BoA move credit on a recon if I get rejected?
I have a strong relationship with BoA, even have multiple business cards which are often elusive for most, so not gonna get rejected for any reason other than too much credit with them already.
ALternatively, I can just reduce my limits on the 2 cards where I have large limits.
ANy thoughts?
I am platinum honors with BofA and got rejected for too many cards opened. (only 2 cards opened at the moment which i applied for recently.) Called them and was told to apply again 6 months later. She said the final course of action is to mail in a letter for application to be reconsidered. Have not heard back from them.
Thanks for the response. I’m assuming the 2 open cards are BoA and not other banks? I’m also Plat Honors.
I’ve got 3 cards in teh last 12 months, 2 with US Bank and 1 Wells, Last BoA was a biz card more than 12 months ago, so my velocity is not really strong as of late.
Was also actually looking to jump on Alaska biz at the same time.
BofA seems to auto move credit for new accounts these days. I got this card a few weeks back and they took the credit from my Premium rewards card. I also have a Trave, Cash, and Alaska and I use the Premium the most but that is where they moved the credit from. Was kind of annoyed. I open 2 cards every year like clockwork with BofA and I stopped dropping credit limits as they seem to do it.
Approval DP. Instant approval today. No other BoA accounts, CC or otherwise. Under 5/24, but last new CC opened 07/2019.
Approval DP: 3/24, 6/24 counting business cards. Opened savings and deposited $1,500. Same day instantly approved for $6,000 CL.
Any idea how useful are these miles? I know sometimes there is a bonus transfer offer from MR.
Deciding between this and Alaska. My travel plans tend to be random and all over.
google, ‘best use of virgin atlantic miles’ many bloggers will have the usual articles dedicated to it.
ANA J and F are sweet spots. Delta One is a sweet spot, some more than decent plays avialable and yes I’ve transferred MR with a bonus more than once…
The Virgin offer has a very high return on spend (40%+). Going to apply for Delta Gold 70k targeted offer and Virgin 60k offer within the next few days. Wouldn’t have known about either of the offers if it wasn’t for DOC.
Like many others, I got declined for no obvious reason. 771 FICO. 0% utilization. Only 1 new personal account the last 6mon. Solid income. 5+yrs history with BofA with both personal and biz accounts. Recommend everyone avoid BofA unless you are under 5/24 with 0 new accounts the last 6mon. They’re on par with US Bank as far as it being nearly impossible to get approved. Sad, because the Virgin offer was a great one.
Called the BofA reconsideration line. Declined for 2 reasons. Too many new accounts (8/24). And not enough funds on deposit ($0). I asked if opening a bank account would help push the approval through, and they said they could not answer my question. Went out of their way to say I opened a Chase card a year ago, and that was a factor in getting declined. So I guess if you are at 1/24, and that “1” is a competing bank, you’re not the kind of customer they want.
For my pending Delta application, Amex informed me that I would have to close *2* non-charge accounts to get approved for the new card.
So clearly the credit game is tightening.
Applied online Sept 9 AM. Denied. First denial in many years from any issuer. 6/24. 821 credit score. More than sufficient income for this card. Already have one rewards card with BofA and use it in a manner they’d be ok with (no MS etc). Like others have said, BofA apparently now has Chase-like 5/24 rule (or similar) for this specific card. I don’t have much use for any of BofA’s products or services..they really don’t do any one thing well (checking, brokerage, cr cards) and have become a third tier option for well- informed customers….but I will take 2 minutes to apply if I think a sign-up bonus is worthy.