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SynchronyChecked Oct 4, 2026

Virgin Red Rewards World Elite Mastercard

60,000 Virgin Points after you spend $4,000 in 3 months. $99 a year.

Welcome offer
Annual fee
Purchase APR
Foreign transaction fee
Read the card agreementRates and fees

We don't earn anything from this link. Select any underlined figure to see where it comes from.

What it's worth

Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.
SpendingFirst yearAfter
Light spender$70$70
Typical spender$910$310
Heavy spender$1,340$740
The spending each assumes, a month
  • Light spender: groceries $300, dining $100, gas $100, everything else $500
  • Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250
  • Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500

Assumed: points valued at an assumed 1¢; welcome bonus needs $4,000 in 3 months.

Estimates from the published terms above, as checked Oct 4, 2026; not advice. How we value cards

How it compares

  • Worth more to a typical spender than about 80% of the 650 cards we track.
  • Lower top APR than about 40% of the 128 cards on our Sign-up bonuses list (see the list).

Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method

Welcome offer

60,000 Points

After you spend $4,000 on purchases in your first 3 months.

Limit one offer per accountholder. Points post to the Virgin Red account within 1–2 billing cycles if the card is linked to the Virgin Red account and the credit card account is open, in good standing, and not delinquent.

Spending it takes$1,333 a monthfor 3 months
Tracking sinceOct 4, 2026history will chart every change

How you earn · Virgin Red Rewards

  • 3× pointsVirgin Atlantic, Virgin Hotels and Virgin Voyages
  • 2× pointsGrocery stores
  • 2× pointsDining out
  • 2× pointsSelected streaming services
  • 2× pointsCharging your EV
  • 1× pointsEverything else

Rates and fees

Annual fee
Purchase APRvariable
Balance transfer fee
Cash advance APR
Cash advance fee
Late payment
Foreign transactions
Grace period
Minimum interest charge

Carrying a balance? See how long it takes to pay off

Benefits

  • 5,000 Virgin Points Anniversary Bonus each year the account is renewed, provided the Rewards Program Account is open and in good standing.
  • Earn up to two Personal Perks each cardholder year: after $15,000 in annual spend, choose one perk; after $30,000, choose another. Options include a Virgin Atlantic Flying Club reward voucher for a companion seat or cabin upgrade, a Virgin Hotels free night or priority suite upgrade, or a Virgin Voyages benefit of up to $300 in Bar Tab credit or the Blue Extras perks package.
  • No foreign transaction fees when traveling overseas.
  • Virgin Hotels benefit: book two nights and get a third night free at participating Virgin Hotels once per cardholder year.
  • Earn 25 Virgin Atlantic Flying Club Tier Points for each $2,500 of qualifying spend, up to 50 Tier Points per month.
  • Add an additional cardholder and earn 2,500 Virgin Points, with a maximum of 10,000 Virgin Points.
  • Complimentary 24/7 Mastercard World Elite Concierge service.

Questions

What is the annual fee?
$99 Reported to the CFPB, Dec 31, 2025, since Sep 29, 2026
Does it charge a foreign transaction fee?
No. Reported to the CFPB, Dec 31, 2025, since Oct 4, 2026
What is the purchase APR?
20.49–28.49% APR Reported to the CFPB, Dec 31, 2025, since Sep 29, 2026
Is there a welcome bonus?
60,000 Virgin Points after $4,000 in purchases in 3 months. virgin.com, since Oct 2, 2026

Other points cards with fees up to $100

Against this card, for our typical spender's value (rewards and credits minus fees, after the first year).