Chase has launched a limited-time 40% transfer bonus to Virgin Atlantic Flying Club, giving travelers an opportunity to stretch Ultimate Rewards points significantly further.

Between February 14 and February 28, 2026, every 1,000 Chase Ultimate Rewards points transferred will become 1,400 Virgin Atlantic miles.

With the right redemption strategy, flights across the Atlantic, including London and select European routes, can be priced as low as 5,000 miles each way in economy or 21,000 miles in business class when saver award space is available.

Here is everything you need to know before transferring your points.

How the 40% Transfer Bonus Works

Chase Ultimate Rewards normally transfer to Virgin Atlantic Flying Club at a 1:1 ratio.

During this promotion:

• 1,000 Chase Ultimate Rewards = 1,400 Virgin Points
• 25,000 Chase points = 35,000 Virgin Points
• 50,000 Chase points = 70,000 Virgin Points

Transfers must be completed by February 28, 2026, at 11:59 PM ET

Bonus miles are deposited into your Flying Club account after the transfer completes. Transfers are one-way and cannot be reversed, so availability should always be confirmed before moving points.

Fly Across the Atlantic for 5,000 Miles Each Way

Virgin Atlantic Flying Club offers some of the most competitive award pricing on transatlantic routes when saver availability is available.

Starting award pricing can include:

• Flights across the Atlantic, including London and select European destinations, from 5,000 miles each way in economy with the transfer bonus
• Business class awards starting around 21,000 miles each way with the transfer bonus

Availability varies, and these lowest rates depend on saver inventory, but they demonstrate the potential value unlocked by this transfer bonus.

The Real Sweet Spot: Partner Airline Redemptions

While Virgin Atlantic flights themselves may include higher taxes and carrier surcharges, Flying Club miles can be more valuable when redeemed on partner airlines.

Popular partner bookings include:

• Delta Air Lines
• Air France
• KLM Royal Dutch Airlines
• ANA “All Nippon”

These options often lower out-of-pocket costs while maintaining strong redemption value.

You Can Also Use Virgin Points for Virgin Voyages Cruises

Virgin Atlantic miles are not limited to flights. Virgin Points can also be used toward Virgin Voyages, the adults-only cruise line. I’ve personally redeemed miles this way and had an excellent experience sailing with them.

I’ve personally used this redemption before, booking my sailing for 85,000 Chase Ultimate Rewards points after a transfer bonus, which was 115,000 Virgin Points at the time, before a similar bonus. That pricing reflected earlier promotional offers that delivered exceptional value.

Since then, redemption rates have changed.

Today, Virgin Voyages sailings typically start at around 250,000 Virgin Points, and certain itineraries can be significantly higher depending on demand and destination. For example, longer or premium itineraries such as a seven-night Greek Isles sailing visiting ports like Athens and Mykonos can exceed 800,000 Virgin Points.

With the current 40% transfer bonus, a sailing starting at 250,000 Virgin Points would require approximately 179,000 Chase Ultimate Rewards points after the bonus. 

That said, like all things when determining the best time to redeem your points and miles, you should always compare this to the cash value. For example, 800,000 Chase Ultimate Rewards points can be redeemed for $8,000, and with the bonus, it would be equivalent to 572,000 Ultimate Rewards points, which is worth $5,720. If the cash price of the cruise falls within this rate, you’d want to evaluate your options.

Even when pricing is higher than past promotions, this remains a strong option for travelers who want to experience Virgin Voyages but prefer to use points instead of paying cash.

If an adults-only cruise has been on your list, this transfer bonus offers another way to make that trip happen using points you might already have.

If you’d like to check out the available sailings, you can view them here.

Always Check Availability First

One of my favorite tools is Virgin Atlantic’s Rewards Finder, which lets you view fares in calendar format, making it easier to identify saver-level pricing across multiple dates at once. Instead of searching day by day, you can quickly identify the lowest-mileage options and plan around availability.

1. Search award availability using Virgin Atlantic’s reward checker tool.
2. Confirm saver-level pricing.
3. Review taxes and fees.
4. Transfer only once flights or redemptions are available.

Final Thoughts

Chase Ultimate Rewards and Virgin Atlantic have offered a 40% transfer bonus before, but these promotions are never guaranteed and often appear without much notice. This particular offer was a short, two-week window, which is typical for some of the most valuable transfer opportunities we see.

Keep in mind that taxes and carrier surcharges can sometimes be higher, particularly on Virgin Atlantic-operated flights. Even with a transfer bonus, it is important to evaluate the total value of the redemption before moving your points.

Most importantly, remember that transfers are final. Once points are moved from Chase Ultimate Rewards to Virgin Atlantic Flying Club, they cannot be transferred back. Avoid speculative transfers and always confirm availability before initiating a transfer.

Used strategically, this bonus can significantly reduce the number of points required for flights to Europe, partner airline awards, or even Virgin Voyages sailings.

Want Help Learning How to Use Points and Miles?

If this still feels confusing, or you’ve been earning points but are not fully sure how to use them, my Beginner’s Guide to Award Travel walks you through the entire process step by step.

It’s a comprehensive, self-paced framework designed to guide you through the full award travel journey, from earning points responsibly to redeeming them for nearly free flights and hotel stays.

Inside, you’ll learn how to:

• Earn points and miles through everyday spending
• Choose travel credit cards responsibly based on your goals
• Understand what award travel actually is and how programs work
• Book flights and hotels using points step by step
• Avoid common mistakes that cause travelers to overpay or waste rewards

These are the same strategies I’ve used to book nearly $275,000 in travel since 2023, including business-class flights to Thailand, Bali, Morocco, Italy, Hawaii, and luxury hotel stays around the world.

Whether you already earn points through Chase, American Express, Citi, or Capital One, or you are completely new to points and miles, this guide shows you how to actually turn rewards into travel.

You can learn more and grab the guide here

To close out Black History Month and step into Women’s History Month, I’m also offering the biggest sale I’ve ever done on the Beginner’s Guide to Award Travel. For a limited time, take 50% off with code: HERSTORY

Flash sale ends February 28 at 11:59 PM.