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Virgin Atlantic World Elite MasterCard®

Christine Krzyszton
Updated on: 10/30/2017
RE®: 75
Our Rating
Virgin Atlantic World Elite MasterCard®
How to Apply

To apply for this offer please contact
Bank of America

For excellent/good credit

"Must have for Virgin Atlantic frequent flyer, amazing benefits"

The Bank of America Virgin Atlantic World Elite MasterCard is a fine choice for the avid Virgin Atlantic flyer. With the ability to earn miles quickly, a discounted companion award ticket and bonus miles for spending on the card, the loyal Virgin Atlantic traveler will receive value beyond the annual $90 fee.

A fast track to elite status and attractive redemption options with partner airlines add to the perks of having this card. Enjoy additional World Elite MasterCard benefits too. They include hotel perks, car rental loyalty program status, 24/7 travel assistance and more.

Some negative aspects of the card include high surcharges on Virgin Atlantic award ticket redemptions and high spending thresholds for earning the annual bonus and the companion ticket.

Bonuses and Benefits

Knowing what benefits come with a credit card can help you decide if it’s a good fit for you. Here we cover the bonuses and perks that the Virgin Atlantic World Elite MasterCard® offers and the value of the Bank of America Flying Club miles you earn.

Bonuses

Your first purchase earns you 20,000 Flying Club miles. Receive an additional 2,500 miles for adding an authorized user to your card, for a maximum of 5,000 miles for adding two authorized users. At each card anniversary, you receive 7,500 miles for spending $15,000 and a total of 15,000 bonus miles after spending a total of $25,000.

Cardholders meeting the $25,000 annual minimum spend can redeem for an award ticket and receive a companion award ticket for half the cost in miles. That benefit alone can be worth hundreds of dollars.

What You Get

  • Earn 20,000 miles after your first purchase
  • 15,000 miles after your cardmember anniversary every year
  • 2,500 miles for adding an authorized user
  • Another 2,500 miles for adding a second user, for a maximum of 5,000 miles
  • 7,500 miles every year you spend $15,000
  • Another 7,500 miles annually if you spend $25,000 for a total of 15,000 miles per year
  • Half off a companion award fare if you spend $25,000 a year
  • 3 miles per dollar spent with Virgin Atlantic
  • 1.5 miles per dollar for all other purchases

Miles earned on the Virgin Atlantic World Elite MasterCard are deposited in your Flying Club frequent flyer account. Miles do not expire as long there is qualifying activity on the account, but they expire after three years with no activity.

What is the value of the Flying Club Miles?

The redemption values for travel on Virgin Atlantic can be misleading because of the surcharges you’ll have to pay on award tickets. An economy award ticket from New York to London may be acquired for as little as 20,000 miles, but you’ll pay hundreds of dollars in surcharges. However, business class international tickets can offer good value on partner airlines where surcharges are much lower. You can also minimize surcharges by departing from the U.K.

Sign-up Bonus
Flight Type
Average CPM
RE® VALUE
20,000
miles
Economy · Domestic1.58cpm$316
Business · Domestic2.01cpm$402
Economy · International0.91cpm$182
Business · International0.91cpm$182

What is CPM and How Is It Calculated?

Cents Per Mile (CPM) is a way to measure the value of miles. It tells you how many cents you get for each mile you redeem by dividing the cash price of the airline ticket (minus taxes and fees charged for an award ticket) by the number of miles the award flight costs. This is a somewhat subjective calculation because the price of the flight in both cash and miles fluctuates by season and availability.

How we calculate CPM:

÷
×100=
The final result:
???cpm

The Best Ways to Redeem Flying Club Miles

Flying Club miles are best redeemed for flights with the carrier’s 19 partner airlines because surcharges will be far less than on Virgin Atlantic. Hawaiian Airlines, for example, offers good value redemptions from the U.S. mainland and for inter-island flights.

You’ll find good business class redemptions on partners such as Virgin Australia, Air China, ANA and Air New Zealand. First Class on Air China and ANA are sweet redemptions offering extraordinary experiences. Find business or first class saver award space on the partner airline’s website and call Virgin Atlantic to book the flight using your Flying Club miles.

Virgin Atlantic redemptions during off-peak and standard seasons (excludes holiday and summer travel) offer better value than peak seasons, although surcharges still apply. Another good use of miles is to upgrade to the next cabin. An upgrade from economy to premium economy starts at 17,400 miles roundtrip.

The Best Way to Redeem Rewards for Travel in

Roundtrip Domestic

  • Newark
    Denver

    NewarkDenver

    Economy class
    Miles price
    27,154miles
    +$11.2 fee
    Dollars price
    $417
  • San Francisco
    Chicago

    San FranciscoChicago

    Economy class
    Miles price
    25,440miles
    +$11.2 fee
    Dollars price
    $398
  • Los Angeles
    Houston

    Los AngelesHouston

    Economy class
    Miles price
    19,328miles
    +$11.2 fee
    Dollars price
    $317

Roundtrip International

  • Punta Cana
    Atlanta

    Punta CanaAtlanta

    Economy class
    Miles price
    36,328miles
    +$104.66 fee
    Dollars price
    $710
  • Montego Bay
    Chicago

    Montego BayChicago

    Economy class
    Miles price
    33,896miles
    +$95.11 fee
    Dollars price
    $587
  • Havana
    Tampa

    HavanaTampa

    Economy class
    Miles price
    6,624miles
    +$72.06 fee
    Dollars price
    $205

Roundtrip Domestic

  • Baltimore/Washington
    San Antonio

    Baltimore/WashingtonSan Antonio

    Business class
    Miles price
    125,200miles
    +$11.2 fee
    Dollars price
    $1,150
  • Ft. Lauderdale
    Pittsburgh

    Ft. LauderdalePittsburgh

    Business class
    Miles price
    98,184miles
    +$11.2 fee
    Dollars price
    $908
  • Pittsburgh
    Phoenix

    PittsburghPhoenix

    Business class
    Miles price
    118,724miles
    +$11.2 fee
    Dollars price
    $1,092

Roundtrip International

  • Houston
    Mexico

    HoustonMexico

    Business class
    Miles price
    90,720miles
    +$92.43 fee
    Dollars price
    $889
  • Cancun
    Ft. Lauderdale

    CancunFt. Lauderdale

    Business class
    Miles price
    89,040miles
    +$77.55 fee
    Dollars price
    $890
  • Belize City
    Houston

    Belize CityHouston

    Business class
    Miles price
    104,880miles
    +$73.81 fee
    Dollars price
    $991

Other ways you can redeem miles

Hotel Stays

28 partners28 part.

Virgin Atlantic Flying Club miles can be redeemed at select hotel partners, including IHG, Hilton and Kaligo.com.

Car Rental

8 partners8 part.

Redemptions for car rentals are limited. Barbados Car Rentals: Redeem miles via Stoutes Car Rental.

Aspirational Travel

Redeem miles for a variety of unique experiences with the Virgin Group. Richard Branson Properties: Redeem miles for safaris, wine experiences, private retreats, Virgin Gallatic or Necker Island. Fine Dining and Private Club Membership: Redeem miles at Babylon or for VIP membership to Roof Gardens.

Gift Cards

Redeem miles for train travel via Eurostar or Virgin Trains. Eurostar: Redeem miles for Eurostar e-vouchers Virgin Trains: Redeem miles for e-vouchers on Virgins East Coast trains.

Everyday Earnings

The Virgin Atlantic World Elite MasterCard offers solid everyday earning with 1.5 miles for every dollar spent on the card and 3 miles per dollar on Virgin Atlantic purchases.

Virgin Atlantic World Elite MasterCard Rewards

Customize your spending detailsSpecify your parameters
Your Monthly Charges
Rewards You Will Earn Annually
51,000miles$765in dollar value
Travel
3miles/$1
Gas
1.5miles/$1
Brand earn
3miles/$1
Airfare
3miles/$1
Dining
1.5miles/$1
All Other Purchases
1.5miles/$1

There are no special registration rules or bonus categories to remember; earning is simple and straightforward.

Travel Benefits

Discounted Companion Ticket

Spend $25,000 annually on the card, redeem reward miles for an economy award ticket and receive a second reward ticket for half the miles.

Airport Concierge

24/7 access to discounted services at over 450 airports worldwide.

No Foreign Transaction Fee

Enjoy freedom from foreign transaction fees.

Concierge Service

24/7 access to a personal travel assistant

ic_elite_statusCreated with Sketch.Earn Elite Status Fast

The Virgin Atlantic World Elite MasterCard offers a faster path to elite status with the Flying Club frequent flyer program. You can earn up to 50 tier points per month, 25 for every $2,500 you spend on the card. 400 tier points are required for Silver status, which provides advance seat selection, dedicated phone line, bonus miles when flying and priority wait list. Top Gold status requires 1,000 tier points.

  • Earn 25  tier points for every $2,500  you spend, for a maximum of  50  tier points per month 

Fees: the cost of Having the Card

Considering each Virgin Atlantic Flying Club mile is worth at least 1.5 cents, you won’t have to be a big spender to justify the $90 annual fee. Spending just $4,000 in a year will cover the cost of keeping the card.

The value of the initial sign-up bonus of 20,000 miles will certainly offset the $90 annual fee, which is not waived the first year. At a value of 1.5 cents per mile, you’ll receive $300 in travel value after making your first purchase.

Annual Fee
$90
Balance Transfer Fee
Either $10 or 3% of the amount of each transaction, whichever is greater
Foreign Transaction Fee
0%
Late Payment Fee
Up to $38

See What It Takes to Cover an Annual Fee:

Your Average Monthly Spend
Months to Cover Annual Fee
2 months

Get anniversary bonus: 15,000 miles

You will receive 15,000 bonus points each anniversary year – enough to cover more than a half of the annual fee.

Recommendations

We strongly recommend to spend not less than $1,334 per months to cover the annual fee in three months.

We’ve broken out our estimates for the first- and second-year net earnings you’ll get with the Virgin Atlantic World Elite MasterCard. Is the card worth getting, and should you keep it after you get the sign-up bonus? Let’s find out.

These estimates are based on an annual monthly spend of $2,000

First Year

Signup Bonus
$300
Anniversary Bonus
$225
Everyday Rewards
$540
Statement Credit
$0
Free Bags
$0
Earnings
$840
Foreign Transaction Fees
-$0
APRS Charges
-$0
Annual Fee
-$90
Charges
-$90
Rewards Earned First Year
$750

Second Year

Signup Bonus
$0
Anniversary Bonus
$225
Everyday Rewards
$540
Statement Credit
$0
Free Bags
$0
Earnings
$765
Foreign Transaction Fees
-$0
APRS Charges
-$0
Annual Fee
-$90
Charges
-$90
Rewards Earned Second Year
$675

Top 5 Benefits of the Virgin Atlantic World Elite MasterCard®

You can earn a lot of miles quickly with a 20,000-mile sign-up bonus and up to 15,000 more miles in bonuses annually. A discounted companion award ticket and a faster path to elite status favor the avid Virgin Atlantic traveler, too. And having access to partner airlines offers the option to avoid expensive surcharges on award tickets.

  1. Big Sign-Up Bonus: Jumpstart earnings with a 20,000-mile sign-up bonus after your first purchase.
  2. Ongoing Earning Potential: Points add up quickly with 3 miles per dollar for Virgin Atlantic purchases and 1.5 miles for all other purchases. Receive a bonus of 15,000 miles for spending $25,000 in 12 months.
  3. Discounted Companion Award Ticket: Spend $25,000 annually, purchase an award ticket and receive a companion award ticket for half the miles.
  4. Faster Path to Elite Status: Spend $2,500 on the card and earn 25 points towards elite status in Virgin Atlantic’s Flying Club (maximum 600 tier points per year).
  5. Airline Partner Redemptions: Redeem miles for flights on partner airlines and avoid Virgin’s hefty fuel surcharges.

Conclusion

If Virgin Atlantic is your preferred airline, you value elite status and your card expenditures will be at least $25,000 annually, you should consider the card. As Virgin Atlantic purchases receive 3 Flying Club miles per dollar, miles can accumulate quickly. The 20,000 -mile sign-up bonus jump starts your earnings and certainly offsets the $90 annual fee. However, the ongoing ability to earn 1.5 miles for daily spending and the 15,000 miles at card anniversary if you spend $25,000 annually ensures continuing value.

Luxury travelers will also find value in World Elite MasterCard benefits, such as hotel perks, rental car loyal program elite status, concierge services and no foreign transaction fees. Cardholders who utilize the annual half-off companion award ticket receive additional value. Those who strive for elite status in the Virgin Atlantic Flying Club frequent flyer program can accomplish the goal faster by earning up to 50 points a month toward status via spending on the card. The card offers minimal value for those who do not fly Virgin Atlantic.

FAQs

Need more info? Check out our frequently asked questions. If you have other questions, please click on “Ask Now” below.

  • Miles earned on the Virgin Atlantic World Elite MasterCard are transferred at the end of each credit card statement period to your Flying Club frequent flier account where they’re ready to be redeemed. Search for flights on the Virgin Atlantic website and book flights online using your miles. Flights are priced in miles plus applicable fees and surcharges.

    Although Virgin Atlantic is not a member of any formal airline alliance, it has airline partners that offer potentially greater value for your miles. You can redeem miles for flights on Delta Air Lines, Singapore Airlines, Air New Zealand, Virgin Australia, South African Airways, ANA, Jet Airways, Air China, Hawaiian Airlines and Malaysia Airlines.

    To find available award space, search for available flights on the partner airline’s website and then call Virgin Atlantic to book. Or, call Virgin Atlantic directly and they’ll attempt to find availability for you.

  • Once you have spent $25,000 on the Virgin Atlantic World Elite MasterCard in a year, you’ll qualify for a reduced price companion award ticket. The annual card fee does not count towards the $25,000. The notification for the available award ticket will show up on your Virgin Atlantic Flying Club statement and it must be used within one year of issue.

    When the primary cardholder redeems miles for an economy award ticket on Virgin Atlantic, a second award ticket for a companion on the same itinerary will cost only half the normal miles. Taxes, fees and charges must be paid on the companion award ticket.

  • Whether or not you reap enough rewards from the Virgin Atlantic World Elite MasterCard to justify the $90 annual fee will depend on how often you fly Virgin Atlantic, the amount of spending you do annually on the card and whether you take advantage of the benefits.

    The first year you have the card, you’ll certainly receive enough value to offset the annual fee. The 20,000-mile sign-up bonus alone is valued at $300. If you can spend $25,000 on the card, you will receive at least 37,500 miles plus another 15,000-mile bonus, which together would add $788 in value. Taking advantage of the companion award ticket discount could also be worth hundreds.

Have A Question?
Ask our credit card expert!

Compare Cards

You can earn miles quickly by spending on any one of the following co-branded credit cards. All cards except the Allegiant World MasterCard offer the additional benefit of redeeming miles for flights on a worldwide network of partner airlines. All cards except the Asiana Visa Signature provide either free or discounted companion tickets.

Virgin Atlantic World Elite MasterCard®
For Excellent/Good Credit
Check which Bank of America card is the right fit for you
How to Apply for this card

To apply for this offer please contact
Bank of America

Other Bank of America Airline cards

Alaska Airlines Visa Signature® Credit CardAlaska Airlines Visa Signature® Credit CardAsiana Visa Signature® Credit CardAsiana Visa Signature® Credit CardAllegiant World Mastercard®Allegiant World Mastercard®
Sign-up bonus
30,000 miles20,000 miles30,000 miles15,000 points
Annual Fee
$75$90$99$59
APR On Purchases
13.24% to 20.24% Variable±13.24% to 20.24% Variable±13.24% to 20.24% Variable±13.99% to 23.99% Variable±
Foreign Fee
0%0%0%2%
Bonus Value
$450$300$387$150
Second Year Value
$360$765$439$240

While each card above offers a significant sign-up bonus, Asiana requires more spending at $3,000 in the first 90 days to receive it. If you’re looking for a sign-up bonus for very little initial spending, Virgin Atlantic grants the bonus after the first purchase.

Each of these cards offers accelerated earning of three miles per dollar for purchases on their respective co-branded airline. While the Asiana Visa Signature offers double miles on gas and groceries, and the Allegiant World MasterCard offers double on dining, the Virgin Atlantic World Elite MasterCard offers 1.5 miles on all purchases, making it a great everyday card for Virgin Atlantic flyers.

For those same flyers who spend at least $25,000 annually on a credit card, the Virgin Atlantic World Elite MasterCard also fares well and wins out for the Virgin Atlantic traveler wanting maximum ongoing earning potential.

The Alaska Airlines Visa Signature card sports a stellar free companion ticket after spending $1,000 in the first 90 days and then at every card anniversary. That same $1,000 of spending earns a 30,000-mile sign-up bonus, making the card a perfect choice for Alaska Airlines travelers who don’t have high annual credit card spending.

Virgin Atlantic’s companion ticket costs half the normal redemption miles, plus you’ll still have to pay Virgin’s high fuel surcharges. Allegiant’s companion ticket offer, while still very valuable, has minimum stay and vacation package requirements.

For travelers to Asia, the Asiana Visa Signature card is a solid choice with benefits like a $100 annual rebate on Asiana ticket purchases, no foreign transaction fee, a 30,000-mile sign-up bonus, 10,000 miles at card renewal and two annual airline lounge passes.

The Allegiant World MasterCard, with its priority boarding, easy redemption, lower annual fee and free companion ticket benefits, provides great value for the domestic traveler who flies frequently on Allegiant. While the sign-up bonus is the lowest of these cards, points go further with the carrier’s low fares.

Compare Virgin Atlantic World Elite MasterCard® to Other Cards

Having a credit card that earns miles that your airline of choice is a good move, and all of the cards below offer that benefit. You’ll also find that redeeming miles for flights on partner airlines is another option with these cards.

20,000miles offer
Virgin Atlantic World Elite MasterCard®

Check if Virgin Atlantic World Elite MasterCard® is the best option for you

With a $450 annual fee, the highest of the cards above, the Delta Reserve works for those flyers who value luxury travel. Lounge access, a free first class companion ticket, upgrade priority and the ability to earn miles for elite status by spending on the card, all justify the annual fee for avid Delta travelers, but perhaps not for others.

The United MileagePlus Explorer card sports a sweet 50,000-mile sign-up bonus, lounge passes, free checked bags and priority boarding. A $3,000 spend is required to earn the sign-up bonus, but it’s a generous amount of miles worth a lot of free travel.

The AAdvantage Aviator Red World Elite MasterCard has elements of both previously mentioned cards. It caters to the luxury traveler with World Elite MasterCard travel benefits, priority boarding, free checked bag and the ability to earn elite qualifying dollars on American Airlines. It also delivers a nice 50,000-mile sign-up bonus after your first purchase. You get all of that for a $95 annual fee.

While the Virgin Atlantic World Elite MasterCard’s sign-up bonus is only 20,000 miles, spending $25,000 on the card annually earns at least another 37,500 miles plus 15,000 bonus miles, for a total of 72,500 miles in the first year. You can’t ignore the 1.5 miles per dollar earning power on everyday purchases or the discounted companion award ticket either. Considering triple miles on Virgin Atlantic purchases, the highest of all the cards, it’s a solid choice for Virgin Atlantic fliers.

Card Overview

Whenever you apply for a credit card make sure you read the terms and conditions of the card and the rewards program to find out about minimum spend requirements and any restrictions to ensure you can successfully obtain the card and earn the rewards it offers.

Card Details

Excellent credit score
Issuer
Bank of AmericaBank of America
Use miles
Yes
Pay with points
No

Flight Features

Available airline
Virgin AtlanticVirgin Atlantic
Loyalty Program
Flying Club
Flights Type
Domestic and International
Alliance
Not a member

Travel Partners

Airlines
Yes
Hotels
Yes
Car Rental
Yes
Cruise
No

Card Terms and Conditions

While it's easy to focus on the rewards offered by the Virgin Atlantic World Elite MasterCard, it's worth taking a closer look at the terms and conditions. There's a lot to consider as you think about how you're going to use the card. Will you carry a balance, get a cash advance or maybe make a big purchase? Below is a rundown of the various interest rates, purchase protections, security features and mobile banking options that come with this World Elite MasterCard.

Purchases

Intro APR:
See Terms and Conditions
Intro APR for balance transfers:
See Terms and Conditions
Ongoing APR:
13.24% to 20.24% Variable±
Minimum Grace Period:
25 days
Extended Warranty Protection:
The original warranty of 24 months or less on an eligible item purchased with your card will be doubled in length.
Price Protection:
You may receive reimbursement for eligible items if they’re sold for less than your purchase price. Coverage is for 120 days.

Cash Advance Features

Ongoing APR:
16.24% to 23.24%, based on your creditworthiness when you open your account, for Direct Deposit and Check Cash Advances, and 25.99% for Bank Cash Advances
Cash Advance Fee:
Direct Deposit and Check Cash Advances: Either $10 or 3% of the amount of each transaction, whichever is greater ATM, Over-the-Counter, Same-Day Online and Cash Equivalent Cash Advances: Either $10 or 5% of the amount of each transaction, whichever is greater

Security and Protections

The Virgin Atlantic World Elite MasterCard offers ID theft services, easy monitoring of your account, alert setting and access to your account via the Bank of America Mobile Banking App. EMV chip technology and ShopSafe provide additional acceptance and security.

Master Card Id Theft Monitoring:
Scans, detects and resolves identity theft.
Custom Account Alerts:
Custom email and text alerts for payments and account balances. Receive notifications for unusual transactions or unauthorized withdrawals.
Bank Of America Mobile Banking:
Monitor your account securely online.
Chip Technology:
Worldwide acceptance and security at merchants using chip enabled terminals.
Zero Liability And Fraud Alerts:
Don’t worry about fraudulent activity. Notification and zero liability is yours if such activity is detected.
Free Shop Safe Service:
Create a temporary credit card number to shop securely. Your real credit card number remains private and secure.

Mobile Banking

Chase makes it easy to maintain your account with its flexible mobile banking tools. Available for virtually any phone, tablet or computer.

Chase Mobile Banking: 
Manage your Virgin Atlantic World Elite MasterCard account online with the Bank of America Mobile Banking App.
Digital Payments:
Compatible with Apple Pay, Microsoft Wallet, Samsung Pay or Android Pay
Masterpass Digital Wallet:
Click, tap or touch wherever MasterCard is accepted to simplify check out.
Bank of America Mobile Banking:
Manage your card account online.

Additional Cardholder Benefits

The Virgin Atlantic credit card offers World Elite MasterCard level travel benefits that provide assistance right when you need it. Having baggage insurance, emergency assistance, accident insurance and auto rental coverage could save the day.

Master Card Travel Benefits

Auto Rental Collision Damage Waiver:
Secondary theft and collision coverage for rentals in the U.S. and abroad.
Baggage Delay Insurance:
Bags delayed more than 6 hours? Receive up to $100 for reimbursement of essential items.
Lost Luggage Reimbursement:
Don’t worry about your bags getting lost, stolen or damaged. Get up to $3,000 per passenger, including the cardholder and immediate family members on the same travel itinerary.
Roadside Dispatch:
One call and help is on the way for roadside assistance, lockout service, towing, jumpstart or gas delivery. Service fees apply.
Worldwide Accident Insurance:
Get worldwide accidental death and dismemberment coverage up to $500,000. Pay with your card or points for air, bus train or cruise ship transport to qualify.
24/7 Travel And Emergency Assistance:
Help when you need it for legal and medical referrals, or other travel emergencies. Service charges apply.