Virgin Red — the rewards program for the Virgin Atlantic airline, Virgin Hotels and Virgin Voyages cruises — is launching a new credit card. The Virgin Red Rewards Mastercard, issued by Synchrony, isn’t open for applications yet. For now, you can join the waitlist and be notified when the card becomes available in fall 2024.
The Virgin Red Rewards Mastercard will charge a $99 annual fee, but will charge no foreign transaction fees.
Benefits of the Virgin Red Rewards Mastercard
Rewards
The Virgin Red Rewards Mastercard will offer a welcome bonus of 40,000 Virgin Points when you spend $3,000 in the first 90 days.
Cardholders will also earn:
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3 Virgin Points per $1 spent on Virgin Atlantic, Virgin Hotels and Virgin Voyages purchases.
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1 Virgin Point per $1 spent on anything else.
Travel perks
If you spend $15,000 per year on the Virgin Red Rewards Mastercard, you can select one “exclusive Virgin perk,” such as:
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A voucher for a companion seat or seat upgrade on a Virgin Atlantic flight.
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A free night or suite upgrade at a participating Virgin Hotel.
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Up to a $300 bar tab on a Virgin Voyages cruise.
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A “Blue Extra Perks Package” with Virgin Voyages, which includes laundry service, access to an exclusive cocktail party and daily coffee credits.
You can select a second perk once you spend $30,000 in a year, and if you reach that spending threshold, you can choose the same perk twice if you’d prefer.
There are also a number of ways to earn extra points. Get 5,000 Virgin Points each year when renewing your card. If you add authorized users, you’ll get 2,500 points per person (up to four people).
You’ll earn 25 Flying Club Tier Points after $2,500 in eligible purchases, with a maximum earning of 50 Tier Points per month. Flying Club Tier Points will move you up to higher status levels with Virgin Atlantic.
Also, you can get a third night free after booking two nights at a participating Virgin Hotel once per year.
How to redeem Virgin Points
Redeem Virgin Points for flights, hotel stays and cruises through the Virgin brand. You can also use points for experiences like bike or kayak tours, wine tastings, movie tickets and more.
Source: nerdwallet.com