The Offer
- Receive up to 75,000 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:
- 20,000 miles after first purchase
- 50,000 miles after you spend $12,000 or more within six months of account opening
- 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
- Valid until September 7th, 2014
Our Verdict
They offered the same bonus last year, I wasn’t a fan of the offer (and I’m still not) for two reasons:
- The spending requirement of $12,000 is prohibitively high (you could earn $240 in cash back by using a 2% cash back card)
- Virgin Atlantic charge high fuel surcharges
This offer could be interesting if you want a lot of Hilton HHonors points, as you can transfer them at a rate of 1:1.5 to Hilton, meaning you could get 112,500 Hilton HHonors points (139,500 Hilton HHonors points after meeting the minimum spend requirements).
Personally I find Hilton HHonors points pretty worthless, so I’m not going to bother with this offer. One thing I do like about Bank of America is that the cards are churnable and they do combine multiple credit inquiries, so maybe I’ll tack this onto my next Alaska Airlines application. Also, Bank of America are currently offering a $300 sign up bonus on their checking account.
