Apr 30, 2020, 2:08 am
Last edit by: craigthemif
Flying Club is NOT owned by Virgin Atlantic the airline.
Flying Club is owned 51% by the Virgin Group (i.e. Sir Richard Branson's holding company) and 49% by Delta Airlines.
VS going into administration does NOT automatically mean the end of Flying Club!
Flying Club is owned 51% by the Virgin Group (i.e. Sir Richard Branson's holding company) and 49% by Delta Airlines.
VS going into administration does NOT automatically mean the end of Flying Club!
Virgin Airmiles - What is best to do in present situation?
May 3, 2020, 5:07 pm
#61
Join Date: Jan 2015
Location: UK
Programs: BAEC
Posts: 1,173
Why accumulate points only to never spend them? And then potentially have them disappear into thin air?
It's easy enough to debate what will happen with VS and Flying Club and be generally positive about it, but it's not a bad idea to reset your expectations of the value of a VS mile. The ANA sweetspot is going away sooner or later, and many Brits have zero interest in DL rewards.
Or you can choose some genuinely risk-free cash-saving options such as Eurostar vouchers or hotel points...
It's easy enough to debate what will happen with VS and Flying Club and be generally positive about it, but it's not a bad idea to reset your expectations of the value of a VS mile. The ANA sweetspot is going away sooner or later, and many Brits have zero interest in DL rewards.
Or you can choose some genuinely risk-free cash-saving options such as Eurostar vouchers or hotel points...
May 3, 2020, 5:17 pm
#62
FlyerTalk Evangelist
Join Date: Sep 2003
Programs: BA Silver, EY Gold, HH Diamond, IHG Plat
Posts: 12,210
May 6, 2020, 5:55 am
#64
Join Date: Jan 2015
Location: UK
Programs: BAEC
Posts: 1,173
I’d try phoning them; long wait but were very helpful in cancelling a booking- refund not due for 100 days as per.
May 8, 2020, 5:56 am
#65
Join Date: Nov 2015
Location: London
Programs: BA Gold
Posts: 1,683
But you could have got yourself a cash back credit card and earned money, or indeed an Avios, IHG or some other scheme credit card. Points are not really free when there was an alternate strategy.
May 8, 2020, 8:48 am
#66
FlyerTalk Evangelist
Join Date: Aug 2011
Location: Barcelona, London, on a plane
Programs: BA Silver, TK E+, AA PP, Hyatt Globalist, Marriott LT Plat, Hilton Diamond
Posts: 13,041
Shhhh... Even though you're completely correct, this whole miles and points hobby is now fully dependent on the travel companies receiving revenue from selling miles/points but cardholders treating the miles as "free" and spending them on sub-optimal rewards...
May 8, 2020, 5:31 pm
#67
Join Date: Jan 2015
Location: UK
Programs: BAEC
Posts: 1,173
Funny..
May 8, 2020, 6:40 pm
#68
Join Date: Aug 2013
Posts: 1,710
Funny but spot on. In the US I can easily get a no-fee 2% cashback card (in fact I have one). This means at a minimum I need to value whatever I am getting in awards per dollar above 2 US cents. Thus any "free" CC awards I get, come at the opportunity cost of 2 cents.
May 9, 2020, 2:56 am
#69
FlyerTalk Evangelist
Join Date: Aug 2011
Location: Barcelona, London, on a plane
Programs: BA Silver, TK E+, AA PP, Hyatt Globalist, Marriott LT Plat, Hilton Diamond
Posts: 13,041
Apologies if you thought that was a personal attack. In the context of FC, you are quite right to get rid of the miles as best you can, instead of remaining anchored to a certain value or opportunity cost...
But when people treat miles as "free", they tend to misuse them or simply let them expire. When people treat their miles as having a particular value, then they are much more likely to use them well.
Sign-up bonuses aside, almost everybody should be on a 2% cashback card if they can get it. Even if you accumulate miles to spend on long haul J or F, many people would still be better off with the cashback in their bank account to take advantage of fare sales, etc. or to just fly in Y and pay for a really nice hotel (where you'll spend far more hours than the flight will take).
Sadly, the UK doesn't have 2% cashback cards...
But when people treat miles as "free", they tend to misuse them or simply let them expire. When people treat their miles as having a particular value, then they are much more likely to use them well.
Sadly, the UK doesn't have 2% cashback cards...
May 9, 2020, 8:51 am
#70
Join Date: Jan 2015
Location: UK
Programs: BAEC
Posts: 1,173
Interesting HfP article here - about VS and FC. https://www.headforpoints.com/2020/0...uptcy-process/
May 9, 2020, 8:57 am
#71
Join Date: Jan 2017
Posts: 805
Sign-up bonuses aside, almost everybody should be on a 2% cashback card if they can get it. Even if you accumulate miles to spend on long haul J or F, many people would still be better off with the cashback in their bank account to take advantage of fare sales, etc. or to just fly in Y and pay for a really nice hotel (where you'll spend far more hours than the flight will take).
May 9, 2020, 10:49 am
#72
FlyerTalk Evangelist
Join Date: Aug 2011
Location: Barcelona, London, on a plane
Programs: BA Silver, TK E+, AA PP, Hyatt Globalist, Marriott LT Plat, Hilton Diamond
Posts: 13,041
AFAIK no affiliate marketer earns based on how much $ you actually spend on a card...
May 9, 2020, 3:59 pm
#73
FlyerTalk Evangelist
Join Date: Feb 2004
Location: London
Programs: BA, VS, HH, IHG, MB, MR
Posts: 26,871
There is no free Visa or Mastercard currently available paying more than 0.25% cashback in the UK, assuming you want cash and not a voucher. The free Virgin card at 0.75 miles per £1 is 3 times as generous based on 1p per mile ......
May 10, 2020, 6:43 am
#75
Join Date: Nov 2004
Location: YYZ, HKG, MFM
Programs: AC35K, AS MVP, WS Gold, ITA EP, Marriott Plat, Hyatt-Explorist, IHG Diamond
Posts: 2,019