40% Transfer Bonus to Virgin Atlantic Flying Club From Amex Membership Rewards Until Dec. 31, 2024

American Express Membership Rewards has unveiled a new transfer bonus. From now until December 31st, members will enjoy a 40% transfer bonus when transferring points to the Virgin Atlantic Flying Club. This new incentive arrives shortly after the expiration of Chase’s similar promotion, presenting a prime chance for members with immediate travel plans. Virgin Atlantic’s recent award pricing changes offer some attractive opportunities if you’re looking to redeem points soon.

While Virgin Atlantic’s own flight redemptions become quite enticing with this bonus, prospective travelers should remain cautious about speculative transfers. Transfers must be executed in 1,000-point increments, and despite the bonus, the value can vary.

Our Take

In our opinion, while the 40% transfer bonus presents a wonderful opportunity for those with immediate travel plans, we recommend exercising caution and strategy. The frequent occurrence of transfer bonuses to Virgin Atlantic suggests no immediate pressure to jump at this offer unless the perfect travel opportunity is already lined up. The history of Virgin Atlantic’s no-warning devaluations and its dynamic award pricing structure further reinforces the importance of having a clear redemption strategy in place before transferring points. This approach helps mitigate risk and maximizes point value.

Finding worthwhile redemptions isn’t impossible, however. Virgin Atlantic still offers enticing sweet spots, such as economy tickets from the U.S. to London for as little as 6,000 points. Securing a seat for 6,000 points, which translates to approximately 4,300 points with the bonus, can offer remarkable value. Our advice is to confirm availability first to make the most of this opportunity while ensuring you don’t end up with points stranded in an account.