2nd year of Virgin Reward+ – is it worth it?

[Aliks]

I’ve had the Reward+ card for a year now, and I’m looking to cancel as I have too many vouchers to use up in the next 12 months.

In fact my anniversary was yesterday, and Virgin have already put the £160 annual fee onto my statement. Given that I have not used the card yet in the new year, can I cancel without penalty?

[Guernsey Globetrotter]

Take a look at this article from earlier this year – you may get a refund but be prepared for a fight!

https://hfp2022.headforpoints.blog/2021/03/09/virgin-credit-cards-annual-fee-appeal/

[Amy C]

They are very much not in my good books presently. I have two vouchers currently. Wanted to cancel before they charged me £160 again in October but they owe me a voucher for this year and have so far refused to issue it! So I’ve had to pay the £160 while I take them to the ombudsman and Resover! 🤬

[memesweeper]

Aliks wrote:

I’ve had the Reward+ card for a year now, and I’m looking to cancel as I have too many vouchers to use up in the next 12 months.

The earning rate on the card is still pretty good, but can it be worth the annual fee unless you have a high credit limit, and a consistent, year round, high card turnover, and a need for the voucher?

As I’ve got two other decent earning non-Amex cards – from HSBC and Barclays/Hilton — I’m going to cancel the Virgin Atlantic card until I’ve used the voucher I hold. I don’t need another. I can always come back if/when I cancel the HSBC card. In fact, if neither HSBC nor Virgin change their earning rates or sign up rules, I can see me flip/flopping between them indefinitely.

[memesweeper]

One other factor — I’ve no status with, and rarely fly on business, Virgin. If that changed I’d keep the card indefinitely.