- Virgin Money launches new prize draw, offering current account customers the chance to win one million Virgin Points to spend with rewards club Virgin Red.
- Each month from May through to September, new and existing customers will get the chance to win one million Virgin Points.
- At the same time, 25 customers will win a 12-bottle case of Virgin Wines (worth £150).
- As well as being entered into the prize draw, new customers will benefit from an extra 20,000 Virgin Points with Virgin Money’s latest current account switch incentive.
Virgin Money’s new prize draw offers new and existing current account customers the chance to become a Virgin Points millionaire.
Each month between May and September, one lucky customer will win one million Virgin Points – enough for a safari, a stay at a luxury hotel such as Mahali Mzuri, which was voted the number one hotel in the world by the Travel + Leisure Awards 2021, or flights across the globe. A further 25 customers will also win a 12-bottle case of Virgin Wines worth £150 in every prize draw.
To enter the prize draw, customers need to log in to their Virgin Money mobile banking app, tap discover, then click the ‘Exclusive Rewards’ tile and enter our prize draw. They’ll be asked for a few basic details and need to log in to their mobile app and make at least one transaction each month from May to September to be eligible for each prize draw.
Virgin Red is Virgin’s Group-wide rewards club that turns everyday spending into points that unlock far more rewards, with hundreds of options to choose from.
New customers switching to the Virgin Money M Plus Account and Virgin Money Club M Account will also receive a bonus of 20,000 Virgin Points to spend with Virgin Red, thanks to Virgin Money’s latest current account switching offer (terms apply). Current account customers benefit from 2.02% AER variable on balances up to £1,000, plus 1% AER variable on their linked savings account on balances up to £25,000 and 0.50% AER variable on balances over £25,000.
The 20,000 Virgin Points boost means travellers could get a return flight to Barbados, the Bahamas or St Lucia, while bakery enthusiasts could turn their points into 100 sausage or vegan sausage rolls , 61 coffees or teas or 100 doughnuts or muffins. Music lovers could snap up a Virgin Crosley record player or Sofar Sounds tickets, or the points can be used to pay for VUE cinema tickets, Virgin Wines, three course meals or even an Astronaut Experience for two at Space Store.
Hugh Chater, Chief Commercial Officer at Virgin Money says: “We’re excited to reward new and existing current account customers with this exclusive prize draw in partnership with Virgin Red. We’re looking forward to finding our five Virgin Points millionaires and seeing how they will turn a million points into treats, trips and once in a lifetimes with Virgin Red.”
Andrea Burchett, International and Strategic Development Director at Virgin Red says: “We are delighted to partner with Virgin Money yet again to not only offer members the opportunity to earn an incredible 20,000 Virgin Points when switching their current account but also be in the chance of becoming a points millionaire! With almost 200 rewards, members won’t be short of options to spend their points on – whether it’s the smaller things that make the everyday better like a sausage roll, hot drink or cinema ticket or a bigger experience like enjoying a concert from the Virgin Red Room or a trip to Barbados – the possibilities are endless!”.
Virgin Red members are rewarded for their everyday spending, whether that’s doing their online shopping with some of the UK’s biggest retailers like John Lewis and Partners, Marks & Spencer or Boots, booking train travel with Virgin Trains Ticketing or hotel stays with Booking.com, or simply using their Virgin Atlantic Credit Card, they’ll soon see the points add up. And with everything from the biggest brands in retail, travel and entertainment to smaller treats or exciting new start-ups, there are so many different rewards, appealing to all kinds of different people. Members can even use Virgin Points for good by supporting a number of different charities or helping develop technology to remove carbon from the atmosphere.
Customers switching to the Virgin Money M Plus Account which is rated ‘Outstanding’ by Moneyfacts, as well as the Virgin Money Club M Account will benefit from credit interest of 2.02% AER (variable) on current account balances up to £1,000. The M Plus and Club M accounts come with a travel-savvy debit card with no overseas spending or withdrawal fees, full digital servicing, mobile cheque deposits, a linked savings account with 1% AER variable on balances up to £25,000, savings pots, budgeting tools and transaction tagging as well as spending and balance alerts.
Virgin Money Current Account customers also benefit from cashback on debit card spending on everyday shopping online and/or instore. Participating UK retailers include River Island, Anthropologie, L’Occitane, WHSmith, Q-Park and LNER. Customers can transfer cashback to their Virgin Money current account or trade up for e-Gift cards to use online or instore at select retailers, including John Lewis, Cineworld and Marks & Spencer.
Further information on Virgin Money Cashback is available at https://uk.virginmoney.com/service/rewards/virgin-money-cashback