[Expired] Earn a 40% Bonus When You Transfer Chase Ultimate Rewards Points to Virgin Atlantic

If you have Chase Ultimate Rewards points, there’s a new, very attractive bonus offer. You can currently get 40% more Virgin Atlantic Flying Club Virgin Points when you transfer your Chase Ultimate Rewards points to your airline account.

Let’s take a look at the details.

Transfer Chase Points to Virgin Atlantic With a 40% Bonus

Normally, Chase Ultimate Rewards points transfer to Virgin Atlantic Flying Club at a 1:1 ratio. The promotion increases this to a more generous 1:1.4 ratio — but it’s only good until 11:59 p.m. ET on November 30, 2024.

Chase Ultimate Rewards points typically transfer to Virgin Atlantic instantly, and you should see your bonus Virgin Points right away. You can take advantage of this transfer bonus as many times as you please during the promotional period.

To see the offer in your Chase Ultimate Rewards account, head to the “Transfer points to partners” section under the Travel pulldown menu.

You should then see the actual offer under the Virgin Atlantic transfer partner.

You do not need to do anything other than transfer the points to get the bonus; it should be added automatically.

Is It Worth It?

Despite the high fees Virgin Atlantic tends to tack onto tickets that start or end in — or pass through — London, this is a case that shows why it’s good to have a lot of transfer partners. A 40% bonus is nothing to sneeze at. At a valuation of 1.4 cents per mile, Virgin Points are on the higher end of the scale for airline miles, and you can squeeze even more out of them if you use them well.

If you were hoping to book a round-trip ticket on Virgin Atlantic between New York and London, you can typically score these tickets for 15,000 Virgin Points in economy during off-peak times. Thanks to this transfer bonus, you’d only need to transfer 11,000 Ultimate Rewards points to book tickets like these. (Transfers can be made in increments of 1,000 only.)

However, you don’t have to redeem those Virgin Points solely for transatlantic flights on Virgin Atlantic planes. We’ve rounded up some of the best ways to use Virgin Points, like flying ANA in first or business class to Japan or going to Hawaii on Delta.

And with Virgin Atlantic’s useful partnerships — many of them without those pesky high surcharges — you can parlay those extra Virgin Points into more added value on flights with airlines like Air France or ANA.

ANA, for example, charges just 45,000 to 47,500 Virgin Points for a one-way business class ticket between the U.S. and Japan. These rates don’t factor in the 40% bonus, making this an incredible opportunity to fly one of the best business class products in the sky for a phenomenal rate — transferring just 33,000 or 34,000 points to enable these awards.

Final Thoughts

If you play your points right, this is a potentially valuable promotion that could pay back a lot more than 40%. If you have a card that earns Ultimate Rewards points, the next few weeks may be a good time to bulk up on extra Virgin Points. And it’s especially valuable considering that transfer bonuses from Chase to Virgin Atlantic typically amount to 30%, so this 40% bump is very good news — assuming you transfer the points before the bonus ends on November 30.