Virgin Atlantic Reward Credit Card, shall I pay renewal fee?
 

My renewal fee of £160 is due in June on my Virgin Reward credit card

What happens if Virgin Atlantic go bust? No point paying £160 if you can’t earn flying miles anymore :confused2

I would wait and see, a lot can happen between now and June.

Hmmm you have a good and valid point, not one that had occurred to me but needs serious consideration in light of the current situation.
Thank you for raising the subject as I'm sure there are many of us who will need to make a decision. :)

Bit of a tangent here, but I’ve never had a CC with an annual fee, what benefits do you get that make it economical to pay the fee?

I think my renewal is June too. I’ll have to check as I’d also not thought of that. Thanks 😊

Kat

I have two AMEX cards that I pay fees on. One I am happy to pay because it provides very comprehensive travel insurance for me and DH.

The other is my BA Amex and the reason I chose the higher fee one is because it triggers companion vouchers more easily. Most years we get two trips in business or first class on points and with voucher, I assume Virgin is similar. So hugely beneficial.

I have been looking around for a new mastercard credit card instead of virgin, I like points cards and it seems Hilton and IHG have stopped new cards at the moment, probably due to new directives about repayment etc.

I have not succeeded in finding a card i want, nor have i succeeded in getting Virgin Flying Club to transfer my points to my Hilton card , of course i understand they have bigger fish to fry than my points!

Still not got my points moved either. Its now a once a day text message. They message me about 1 in the morning with a question. I reply next morning and then they respond again at 1am.

I have my Amex charge card which I pay £140 a year for. I keep it on as I make sure I use discounts they over which come to more than £140. I was collecting the points but used them all for Jimmy Buffet tickets in September which I now fear won't happen.

Get double air miles and companion reward ticket. Need to spend over £10000 ideally to make it worth while

This has got me thinking about our BA Amex cars. It’s up for renewal in about Sep and we have the black one so about £250? We have 3 2-4-1 vouchers stacked up (.they’d extended the life of two of them a year ago, then all of them extended again with COVID) so, if things remain largely unchanged, I’m not sure it will be worth spending the £250 on this occasion.