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Up to a 50% Bonus on Purchased Virgin America Elevate Points – Worth It?

by on October 10, 2013 · 3 comments

in Virgin America

Now through October 15, 2013, Virgin America is offering Elevate members the opportunity to earn up to a 50% bonus on purchased or gifted Elevate points. The bonus is tiered bonus, meaning the more points you buy, the higher bonus percentage you’ll receive.

Earn up to a 50% bonus on purchased Elevate points.

Earn up to a 50% bonus on purchased Elevate points.

Here’s how the bonus is set up:

  • Buy 2,500 – 5,000 points to get a 30% bonus
  • Buy 5,500 – 10,000 points to get a 40% bonus
  • Buy 10,500+ points to get a 50% bonus

You can buy or receive up to 20,000 Elevate points per calendar year, in increments of 500 points.The thing to keep in mind is, Elevate points cost an astounding 5.2 cents each, and you can usually only get a value of about 2.3 cents out of them at most when redeeming, so I wouldn’t suggest doing this unless you’re very close to an award redemption. The Elevate program is a hybrid fixed value/ traditional frequent flyer programs – when you redeem on Virgin America you can use points for any flight, but when redeeming on partners there is an award chart and availability is limited.

Virgin Atlantic and Virgin Australia are both partners and you can use the calculator on this page to figure out how many points you’ll need. A sample Los Angeles to Sydney itinerary in business class costs 80,000 points and $849 in taxes and fees. If you are buying points at 5.2 cents apiece, you are essentially purchasing that flight for $4,160 + $849 = $5,009.

LAX-Sydney Award Chart using Virgin America points.

LAX-Sydney Award Chart using Virgin America points.

Not great considering those flights are generally around the $5,000. Plus, you are subject to award availability and you don’t earn miles on award redemptions, not to mention the fact that Virgin America only lets you buy up to 20,000 points per calendar year (30,000 with this 50% bonus), so you’re not getting anywhere even close to the award threshold.

I’m not that excited about this offer, but there could be value for those who are looking for a few extra Elevate points on a specific upcoming award itinerary. However, remember that Virgin America is also an American Express transfer partner at a (less-than-stellar) 2:1 ratio, but they have run a couple transfer bonuses, which can make the value proposition a little bit more enticing, and certainly much better than purchasing the miles outright.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author.s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program.

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  • NguyenVanFalk

    virgin america and atlantic are grossly overrated. i guess the sex appeal marketing works, because i’ve never believed their hard/soft product were worth the higher fares.

  • guest

    IAD-SFO for $149 direct each way. how is that a higher fare? Nothing to do with sex appeal for me, but decent seats and easy upgrades to First usually available for a reasonable fee for cross country. So all in if you upgrade to first from basic econ is $900 r/t from IAD-SFO. Not too bad in my book.

  • Sam

    I tried searching for this but I couldn’t find an answer anywhere. Is it possible to transfer Ultimate Rewards points to Virgin America Elevate? I know Virgin Atlantic is a transfer partner of UR, but how do you get the points from Virgin Atlantic to Virgin America?
    Thanks a lot in advance!

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