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Virgin Atlantic has relaunched its best-ever promotion for purchasing miles: Flying Membership members should purchase Virgin factors with as much as a 70% bonus for a restricted time.
That is Virgin Atlantic's newest promotion tier, which means the extra Virgin Factors you purchase, the larger your bonus. The biggest bonus is 70%, whereas the smallest is 20%. On the highest bonus, this reduces the acquisition value to 1.48 cents per level.
The tiered bonus construction for buying Virgin Factors as a part of this deal is as follows:
- Purchase 5,000 to 24,000 factors and get a 20% bonus.
- Purchase 25,000 to 69,000 factors and get a 30% bonus.
- Purchase 70,000 to 124,000 factors and get a 60% bonus.
- Purchase 125,000 to 200,000 factors and get a 70% bonus.
In different phrases, if you’d like the total 70% bonus, be ready to spend a giant chunk of cash.
This promotion will run until thirty first March. In accordance with Flying Membership phrases and situations, members should purchase as much as 100,000 Virgin Factors per calendar 12 months; Nevertheless, throughout this promotion the restrict has been elevated to 200,000 factors.
Be aware that bonus factors earned from this promotion don’t rely in the direction of that complete. All transactions to buy factors are topic to a $22 transaction payment, whatever the variety of Virgin Factors bought.
US-registered Flying Membership accounts pay barely extra for Virgin Factors than UK-registered accounts. It’s because Virgin Atlantic sells factors at a price of $25 per 1,000 factors in US accounts earlier than bonuses. UK accounts pay 15 British kilos (about $19) per 1,000 factors.
Is it value shopping for Virgin Factors?
Earlier than going into particulars, it's value mentioning that TPG doesn’t suggest buying factors on hypothesis. In different phrases, buying massive quantities of factors will not be a good suggestion you probably have no quick use for the factors you bought. It’s because airline currencies are usually a poor long-term funding – at any time, they are often devalued with little discover.
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Associated: When Is It Value Shopping for Factors and Miles?
Nevertheless, you probably have entry to factors, this can be a nice alternative to extend your Flying Membership account stability. TPG values every Virgin Level at 1.5 cents. With this promotion, you should buy factors at a cheaper price than that.
Virgin Atlantic-operated tickets often include greater gas surcharges, however many accomplice redemptions don’t add these costs. Our favourite Virgin Atlantic Flying Membership redemptions embrace tickets from the US to Europe in Delta One enterprise class for 50,000 factors and from the US to Japan in All Nippon Airways enterprise class for 45,000 factors one-way, or from Central for 47,500 factors one-way. Tickets included. America or East Coast.
If you buy factors throughout this promotion, pay with a bank card that maximizes your returns on on a regular basis spending, as these transactions are processed by Factors.com quite than Virgin. is without doubt one of the finest choices Capital One Enterprise Rewards Credit score CardWho earns 2 miles per greenback on all purchases.
RELATED: Unlock unimaginable worth with Virgin Atlantic Factors
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That is a beautiful promotion from Virgin. At simply 1.48 cents per level the acquisition is a strong deal in the event you're out there for some further Virgin Factors, however you'll have to buy earlier than March 31.
Virgin Atlantic Flying Membership can be a switch accomplice for American Specific Membership Rewards, Constructed Rewards, Chase Final Rewards, and Citi ThankYou Rewards. Metropolis are providing Virgin Atlantic a 30% switch bonus till Saturday.
In different phrases, you possibly can switch factors you already personal to Virgin at a 1:1 ratio – there are not any buying factors concerned.