Back in August I picked up the Virgin Atlantic card by Bank of America because they were offering 90,000 miles. I can either convert these points to Hilton at 1.5 conversion rate, or I could book a Delta flight by calling Virgin America. The offer was pulled last month, but it seems BOA and Virgin have brought the offer back until October 15th! Here’s the link if you wish to apply. I do not receive any kind of compensation if you are approved.
The spending requirements on this card is quite high, but if you’re familiar with manufactured spending, Bank of America seems to be friendly to this concept. I’ve purchased over $5k so far in gift cards, and not even a fraud alert has gone off yet with my new card. Here’s a breakdown of the spending requirement to collect all 90,000 miles:
- 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
- Earn 3 miles per $1 spent directly on Virgin Atlantic purchases and 1.5 miles per $1 spent on all other purchases
If you manufacture spend all $12,000 in Visa gift cards that cost $5.95 per $500, then you’re looking at a grand total of $142.80 + $90 annual fee = $232.80. That’s equivalent to about 2.5 cents per mile! Not too bad if you’re looking to rack up the miles.
It’s worth pointing out that this card does offer 1.5 points for every dollar spent. If you’re looking to book Delta flights only with your Virgin Atlantic miles, then I would call Virgin Atlantic to see what the availability is like for award seats on Delta. Delta branded credit cards with American Express only offer 1 point for every dollar spent.