Get 22,500 Virgin Atlantic miles for moving an EXISTING Stocks & Shares ISA to Virgin Money

Virgin Money has launched a very interesting new offer for anyone who is interested in transferring an EXISTING Stocks & Shares ISA.

Virgin Money has offered Virgin Flying Club miles for many years to people who have taken out new Stocks & Shares ISAs.  I will look at this again over the weekend as the mileage offer is now up to 8,000 miles.

This is the first time it has ever offered an incentive for doing a transfer, however.

Take a look at this page of the Virgin Money website.

This is how it works.

Virgin Money will add up the total value of incoming Stocks & Shares ISA transfers you make between 8th April and 31st August as long as the account was opened by 30th June.  As long as the money remains in your account at 31st December 2019, you will receive a bonus of Virgin Flying Club miles in January 2020.

For clarity, this offer does NOT apply to transfers of cash ISAs to Virgin Money.

This is how many miles you can earn:

£5,000 – £9,999 transferred = 5,000 Virgin Flying Club miles

£10,000 – £19,999 transferred = 7,500 Virgin Flying Club miles

£20,000 – £34,999 transferred = 12,500 Virgin Flying Club miles

£35,000+ transferred = 22,500 Virgin Flying Club miles

There is a lot to think about before you take advantage of this offer.  You need to take a look at the fees charged by Virgin Money and how they compare with your current provider.  Your existing ISA provider may charge a transfer fee which makes the deal uneconomic.

Whilst Virgin Money has a number of different funds you can invest in, they may not be a perfect match for your current investment strategy.

You can find out more on this page of the Virgin Money site.

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How to earn Virgin Points from UK credit cards (April 2025)

As a reminder, there are various ways of earning Virgin Points from UK credit cards.  Many cards also have generous sign-up bonuses.

You can choose from two official Virgin Atlantic credit cards (apply here, the Reward+ card has a bonus of 18,000 Virgin Points and the free card has a bonus of 3,000 Virgin Points):

Virgin Atlantic Reward+ Mastercard

18,000 bonus points and 1.5 points for every £1 you spend Read our full review

Virgin Atlantic Reward Mastercard

3,000 bonus points, no fee and 1 point for every £1 you spend Read our full review

You can also earn Virgin Points from various American Express cards – and these have sign-up bonuses too.

American Express Preferred Rewards Gold is FREE for a year and comes with 20,000 Membership Rewards points, which convert into 20,000 Virgin Points.

SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on the ‘free for a year’ American Express Preferred Rewards Gold card is increased from 20,000 Membership Rewards points to 30,000 points. Points convert 1:1 into Avios (30,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.

American Express Preferred Rewards Gold

Your best beginner’s card – 30,000 points, FREE for a year & four airport lounge passes Read our full review

The Platinum Card from American Express comes with 50,000 Membership Rewards points, which convert into 50,000 Virgin Points.

SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on American Express Platinum is increased from 50,000 Membership Rewards points to a huge 80,000 points. Points convert 1:1 into Avios (80,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.

The Platinum Card from American Express

80,000 bonus points and great travel benefits – for a large fee Read our full review

Small business owners should consider the two American Express Business cards. Points convert at 1:1 into Virgin Points.

American Express Business Platinum

50,000 points when you sign-up and an annual £200 Amex Travel credit Read our full review

American Express Business Gold

20,000 points sign-up bonus and FREE for a year Read our full review

Click here to read our detailed summary of all UK credit cards which earn Virgin Points.