- 20,000 points after first purchase
- 25,000 more after $2,500 spend
- 2,500 points for each of 2 authorized users added to the account
That’s an easy 50,000 Virgin Atlantic miles.
You can also earn 7500 more points after $15,000 spend and then 7500 if you hit $25,000 spend within a year.
And even though the card earns 1.5 miles per dollar on all purchases I don’t value Virgin Atlantic miles enough (because you can’t mix and match partners, their award chart can be quite expensive, and awards entail fuel surcharges) to justify the spend. So I view it as a 50,000 mile bonus card rather than one that generates 65,000 bonus miles.
While Virgin miles are far from the most valuable, I do collect them, largely through my one day Avis rentals which generate a minimum 1000 miles. I’ve gotten this card under this offer before as well.
It used to be that some people would find the best strategy would be to transfer Virgin miles to Hilton (at 1:2, meaning this would generate 100,000 Hilton HHonors points though with recent devaluations that’s only one night at the top HHonors properties).
But it’s a Bank of America card and there aren’t very many valuable signup bonuses from Bank of America — meaning that any big bonus is worth considering signing up for. The card isn’t from Chase, American Express, or Citibank.
It’s not my link, I don’t get any referral credit for it, and as a result I also don’t know how long the offer will be available for. If it sticks around it probably makes my next top 10 credit card signup bonus list largely because of the headline bonus figure and that it isn’t from one of the major rewards issuers so it won’t conflict in most cases with other signups you might be considering.