Virgin Red has introduced an elevated bonus offer for new applicants of its Virgin Red Rewards Mastercard. Those who spend $4,000 within the first 90 days can earn 60,000 Virgin points. This is a significant increase of 50% from the previous bonus.
The Points Guy's July 2025 valuations estimate that these points are worth $780. The card comes with an annual fee of $99 and offers additional perks for cardholders.
"Based on TPG's July 2025 valuations, 60,000 Virgin points are worth an impressive $780," states the press release. "At only a $99 annual fee, the Virgin Red card offers a solid welcome bonus and additional cardholder perks."