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Now through June 25, 2015, Virgin America is offering bonuses of up to 60% on purchased miles. Unlike some past Virgin buy miles promos, which were just a flat bonus no matter how many points you purchased, this one is tiered.
Here’s how the bonus works:
- Buy 1,500-4,500 Elevate points and earn a 30% bonus
- Buy 5,000 or more Elevate points and earn a 60% bonus
Normally, Virgin America Elevate points cost 5.2 cents each, however with this bonus if you were to purchase 5,000 or more, you’d be able to purchase them at 3.25 cents each, still not the greatest deal, since in TPG’s monthly valuations, he values Virgin America Elevate points between 1.5-2.3 cents each.
The Elevate program is a hybrid of fixed-value and 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.
However, for those interested, you can purchase a maximum gift of 20,000 Elevate points before any bonus in your individual account per calendar year. Also, note that purchased points take up to 72 hours to appear in your Elevate account.
As a reminder, Virgin America is a 2:1 transfer partner of American Express Membership Rewards, the points program of premium cards such as the Platinum Card and Premier Rewards Gold card, as well as the EveryDay Preferred and EveryDay cards, so that is probably a better way to top up your Elevate account.
Do you plan on taking part in this offer? Let us know by commenting below.
While this premium card has one of the highest annual fees on the market, it has several valuable perks that could make it worthwhile, depending on your travel patterns. These include a $200 annual airline rebate, lounge access, free Hilton Gold status and free Starwood Preferred Guest Gold status.
- Earn 40,000 Membership Rewards® points after you use your new Card to make $3,000 in purchases in your first 3 months.
- 5X points for flights booked directly with airlines or with American Express Travel.
- $200 Airline Fee Credit, up to $200 a year for baggage fees and more at one airline. Terms Apply.
- As a Platinum Card Member, you can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations worldwide. Terms Apply.
- Enroll to enjoy the benefits of complimentary Hilton HHonors™ Gold Status with your Platinum Card.®
- No interest charges because you pay your balance in full each month.
- Terms and Conditions apply.
- See Rates & Fees