Dan Whitmer, Rewards Programs Analyst
@dan_whitmer
Transferring Chase points to Virgin Atlantic Flying Club usually offers better value than booking through Chase Travel, as Virgin Atlantic points have an average value of about 2.07 cents apiece. Booking through Chase Travel, however, typically gets you 1 cent per point plus Virgin Atlantic points and elite status credits, both of which you do not earn when using Virgin Atlantic points for award flights.
Chase Points vs. Virgin Atlantic Points Booking Comparison
| Airline Ticket Price | Chase Points Needed | Virgin Atlantic Points Needed |
| $100 | 10,000 points | 4,831 points |
| $200 | 20,000 points | 9,662 points |
| $300 | 30,000 points | 14,493 points |
| $400 | 40,000 points | 19,324 points |
| $500 | 50,000 points | 24,155 points |
Examples assume an average Virgin Atlantic point value of 2.07 cents.
Key Factors to Consider
- Taxes and Fees: When you book a flight through the Chase Travel portal with Ultimate Rewards points, they cover the full ticket price, including taxes and fees. With Virgin Atlantic award bookings, taxes and fees must be paid out of pocket.
- Transfer Rates: Chase points transfer to Virgin Atlantic Flying Club points at a 1:1 ratio, meaning 1,000 Chase points equal 1,000 Virgin Atlantic points.
- Point Value: Chase points are valued at 1 cent per point when redeemed through Chase Travel. Virgin Atlantic points have an average value of about 2.07 cents per point, though the value can vary by flight and availability, ranging from about 0.95 cents per point to as much as 3.99 cents per point on select economy award flights.
- Flexibility and Availability: Transferring Chase points to Virgin Atlantic gives you access to Virgin Atlantic’s partner airlines, which can open up more flight options.
- Earning Points and Elite Credit: Award flights booked with Virgin Atlantic points do not earn points or elite status credit. Flights booked through Chase with points are treated as paid tickets and earn points and elite status credit according to the airline’s fare rules.
When planning your trip, calculating the cost in dollars against the number of Chase points or Virgin Atlantic points required can help you determine the most cost-effective option based on your travel preferences and current redemption rates.
To calculate the value per point or mile, use this formula:
- Cost of flight in dollars / Number of points or miles required = Value per point or mile
If you want to learn more, you can check WalletHub's review of the Chase Ultimate Rewards program.
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