Update: It appears this offer has been around for a while and per Gary in the comments, this application link doesn’t have an expiration date.
I posted about this offer last year but the 90,000 mile offer on the on Virgin Atlantic MasterCard has returned. This time the offer expires on February 10th. I’ll copy the key points of the offer below but please see this post from last year when I posted about this offer for a more detailed analysis.
You don’t receive all 90,000 miles in one shot. Instead it is broken down as follows:
20,000 Miles After 1st Purchase
50,000 Miles After Spending $12k in 6 Months
5,000 Miles for Adding 2 Authorized Users (or 2,500 Miles for adding 1 Authorized User)
7,500 Miles for Spending $15k total in 1st Year of Membership
7,500 Miles for Spending $25k total in 1st Year of Membership
Even though its advertised as a 90,000 mile offer, I think its better to view it as a 82,500 mile offer as it seems likely you can spend $15k on the card if you already spent $12k of that getting the bonus 50,000 miles. Additionally, you earn 1.5 miles per dollar spent on this card so if you do manage to spend $15k on this card, you will end up a total of ~105,000 Virgin Atlantic Miles. The annual fee of $90 is NOT waived for the first year. This offer expires on February 10th.
I got this card last year and still haven’t spent most of the miles so I am passing this time. My guess is I’ll eventually transfer my Virgin miles into Hilton Hhonors points down the road.