Virgin Atlantic does not really interest me since they don’t fly out of Minneapolis, but I thought I’d share this interesting twist on the signup bonus Bank of America is offering on their Virgin Atlantic World Elite MasterCard. If you apply and are approved, you can receive 90,000 Flying Club bonus miles! What can you do with these miles if you don’t fly Virgin Atlantic? You could convert your Flying Club miles into Hilton HHonor points if you’re looking to stock up on them!
You can transfer Virgin Atlantic miles to your HHonors account at a 1 : 1.5 ratio. That means you could top off your HHonors account with 135,000 points! That sounds great, except Bank of America is requiring $12,000 in purchases within the first 6 months. This isn’t a big deal for me since I typically always manufacture spend on my credit cards, but for those who don’t, this is a bit steep.
Here’s a breakdown of the spending requirements:
- 20,000 Flying Club bonus miles after your first retail purchase
- 50,000 additional Flying Club bonus miles after you spend at least $12,000 in qualifying purchases within 6 months of your account open date
- Earn up to 15,000 additional bonus miles upon anniversary
- Earn up to 5,000 Flying Club bonus miles when you add additional authorized users to your card
Also, keep in mind that if you’re just looking to collect 135,000 HHonor points for a free stay at a Hilton hotel, you may only get 1 – 2 nights free in the top tier categories. Here is Hilton’s award chart:
|STANDARD ROOM REWARDS|
|HOTEL CATEGORY||HHONORS POINTS REQUIRED FOR ONE FREE NIGHT|
|4||20,000 to 30,000 Points|
|5||30,000 to 40,000 Points|
|6||30,000 to 50,000 Points|
|7||30,000 to 60,000 Points|
|8||40,000 to 70,000 Points|
|9||50,000 to 80,000 Points|
|10||70,000 to 95,000 Points|
Although I could use the Hilton points, I’m probably going to pass on this offer. I do need Hilton points for my Italy trip next April since I plan on staying for free every night I’m there, but I think I’d rather earn the points through manufactured spending on my two Hilton cards I already carry. I don’t wait to waist a credit inquiry for a card that I’d only keep for 1 year and then cancel.
Click Here for the application link. Deal ends on September, 7th. (as always, I DON’T receive any commission if you apply. I just like to share this info with my readers.)