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Bank of America

Virgin Atlantic World Elite Mastercard®

Credit needed
Good
APR
15.99% to 23.99%
Annual Fee
$90

Card Summary

Virgin Atlantic World Elite Mastercard offers airline loyalty credit cards for Virgin Atlantic customers.

You will receive 60,000 Flying Club Bonus Miles if you spend $2,000 within the first 90-days of opening your account. Plus, you can add up to two authorized users (2,500 points per each) to your account.

After spending $15,000 you will earn 7,500 bonus points annually. You can also get 7,500 bonus mileage if you spend an additional $10,000, which adds up to 15,000 bonus miles. The card earns 1.5 miles for every dollar spent outside of Virgin Atlantic.

Card Summary - Cons

Rates and fees

Issuer Name
Bank of America
Penalty APR
Based on creditworthiness, up to 29.99%
Credit Needed
Good
Balance Transfer Fee
The greater of $10 or 3% depending on the transaction amount, whichever is higher.
Annual Fee
$90
Cash Advance Fee
For each transaction: Direct deposit and check cash advances: $10, or 3%, depending on the transaction amount ATM, Over the Counter, Same Day Online, and Cash Equivalent Cash Advances are $10, or 5%, depending on the transaction amount.
APR
15.99% to 23.99%
Foreign Transaction Fee
None
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The Best Features

Miles bonus: Earn 60,000 miles if you spend $2,000 within the first 90-days of opening an account. You can also add 5,000 miles to your account by adding two authorized users.

Spend $25,000. You can earn up to 15,000 bonus miles annually. Cardholders who spend $25,000 annually or more can receive one cabin upgrade and one companion ticket.

Base reward rate: Many airline credit cards have a 1 mile base rate. You can earn 1.5 miles for every dollar spent on this card, and 3 miles per $1 when making purchases with Virgin Atlantic.

There is no foreign transaction charge: The card will not be charged a foreign transaction fees if you are using it internationally. Other credit cards may charge you up to 3 percent per foreign transaction.

Rewards

Sign up bonus

APR Requirements

Drawbacks

Annual Fee: This card charges $90 annually.
There are no airline-specific perks.
You will not receive priority boarding or free checked baggage with your Virgin Atlantic World Elite Mastercard.
These perks can be combined with other airline credit cards.

Highlights

Spend $1 directly with Virgin Atlantic, earn 3 miles. All other purchases are eligible for 1.5 miles. There is no cap on the amount of miles that you can get.

Virgin Atlantic upgrades and flights can be booked using earned miles. Visit the Site (virginatlantic.com/flying club) to learn more about miles and rules about redemption.

After spending at least $2,000 on your first purchase within 90 days, you will receive 60,000 Virgin Points as a bonus. After qualifying purchases, earn as many as 15,000 Flying Club bonus points each anniversary and up to 5,000 Flying Club bonuses miles when you add authorized users to the card Flying Club points can be used to redeem companion rewards in the same class as you.

To qualify, you must spend at least $25,000 annually. No foreign transaction fees, you'll earn miles and tier points in addition to the miles. Earn 25 Tier Points for every $2,500 spent (maximum 50 per month), and you can earn additional Tier points when flying Virgin Atlantic or one of our partner airlines.

Virgin Atlantic World Elite Mastercard benefits. This card offers many benefits, including: No foreign transaction fee Access to your monthly FICO credit score for no cost You can get overdraft protection by linking your bank card to a Bank of America checking account, No liability for fraud.

Benefits

Comparative Analysis with Other Cards

Virgin Atlantic World Elite Mastercard and Capital One Venture Rewards Credit Card

Annual Fee: Virgin Atlantic World Elite Mastercard has a $90 fee. Annual fee for Capital One Venture Rewards Credit Card is $95.

Reward: Cardholders with the Virgin Atlantic World Elite Mastercard get 3 miles for every dollar they spend directly with Virgin Atlantic, and 1.5 miles each time they spend elsewhere. Capital One Venture Rewards Credit Card offers 2 mile per dollar for all purchases

Sign-up bonus: Virgin Atlantic World Elite Mastercard gives you 60,000 bonus mile after your first $2,000 in purchases. You can also add 5,000 miles to the account by adding two users. 15,000 bonus miles per year when you spend $25,000 Capital One Venture Rewards Credit Card: You'll receive a bonus of 60,000 miles if you make $3,000 in purchases within the first three months. This is equivalent to $600 for travel.

Virgin Atlantic World Elite Mastercard Holders will receive overdraft coverage if they link their card to a Bank of America account. There is also zero liability for fraudulent purchases.

Capital One Venture Rewards Credit Card has no foreign transaction fees, credit up to $100 per Global Entry and TSA Precheck application fee each four years, free upgrades at participating hotels, extended warranty coverage, concierge service, and an automobile rental collision damage waiver.

Redeeming Rewards

Maximizing Rewards

Annual Fees

Conclusion

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