Virgin Atlantic Reward Credit Card review 2020
Earn Flying Club miles on your day-to-day spending and benefit from a host of other travel perks.
You say: ★★★★★We say: ★★★★★
Doing its job: 4/5
In a nutshell:
0% interest on money transfers
Up to 5,000 points
|Balance transfers||0% for 6 months reverting to 22.9%|
|Balance transfer fee||3% for 2 months reverting to 5%|
|Purchases interest-free period||Up to 50 days|
|Money transfers||0% for 6 months reverting to 22.9%|
|Min credit limit||£0|
|Max credit limit||Not specified|
|Additional cards available||3|
|Incentive||Earn 5,000 bonus miles with your first card purchase made within 90 days of account opening. Earn 0.75 Flying Club miles for every £1 spend. Spend £20K a year on your card and choose an extra benefit - an upgrade to premium, or a Companion ticket. Double miles when you spend directly with Virgin Atlantic and Virgin Holidays through the contact centre and online. Earn an additional 2,000 bonus miles if you spend £1K within 90 days of opening until 31.10.19.|
Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.
One of two similar cards from Virgin Money designed to earn you Flying Club miles on your day-to-day spending, this card has no annual fee, but a lower earn rate. The other – the “Plus” version – boasts a better miles earn-rate at the cost of an annual fee.
You’ll also be gifted introductory bonus miles following your first purchase, and if you spend enough within your first year (see table below) you could unlock additional exclusive benefits, such as upgrades or companion flights. Flights and holidays booked with Virgin stand to earn you twice the miles. Miles get added to your Flying Club account on a monthly basis.
As standard, your card entitles you to free entry to Virgin Money lounges (don’t forget to register for a Virgin Money Lounge card before you travel).
If you’re a big-spending Virgin Atlantic regular and always clear your card balance in full each month, this card could be worth a closer look. If you’re a really big-spending Virgin Atlantic regular, then you should check out the Plus card. If you don’t tend to clear your balance in full each month, chances are what you’ll pay in interest will outweigh what you’ll earn in miles.
Pros and cons
- Customers report excellent customer service when dealing with Virgin Money.
- Earn points on day-to-day spending.
- Up to 5,000 points intro bonus.
- No annual fee.
- Minimum annual income requirement of £7,000.
- Applicants with low credit scores are unlikely to be eligible.
How does this card compare with other frequent flyer cards?
When it comes to repayments, you can make manual repayments online or over the phone (0800 389 2875), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.
Choose from the following direct debit options for your monthly repayments:
|Minimum amount||Fixed amount||Fixed percentage||Full amount|
How to apply for the Virgin Atlantic Reward Credit Card
If you’ve compared cards and want to apply, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you’ll need to make the process as straightforward as possible.
Frequently asked questions
What is the Virgin Atlantic Flying Club?
How are Flying Club miles earned?
What’s a good alternative?
What will my credit limit be?