The Chase Ultimate Rewards program has just introduced its latest transfer bonus, and it’s one that some people might find to be worthwhile, as this is quite a big bonus. Let’s cover the details…
Chase offering 40% Virgin Atlantic transfer bonus
Between February 14 and February 28, 2026, it’s possible to receive a 40% bonus when transferring Chase Ultimate Rewards points to Virgin Atlantic Flying Club.

This promotion is being offered on Chase’s end (in the United States), and is hard coded into the transfer ratio, meaning you should see the bonus at the time that you make the transfer. You can take advantage of this offer an unlimited number of times. Transfers from Chase to Virgin Atlantic Flying Club are generally instant.
It seems that we see a bonus like this to Virgin Atlantic a few times per year. We last saw a transfer bonus last November, so it hasn’t been a long gap at all. Past transfer bonuses have been in the range of 25-40%, so this is on the high end of that.
There are several great cards earning Chase Ultimate Rewards points, and it’s easy to combine points between the cards.

Should you transfer Chase points to Virgin Atlantic?
Virgin Atlantic is a frequent flyer program with more niche redemption opportunities. In addition to being able to redeem Flying Club points for travel on Virgin Atlantic, there’s also good value to be had for redemptions on Air New Zealand, All Nippon Airways, and Delta, as well as more broadly on SkyTeam airlines.
Nowadays Flying Club has dynamic award pricing for travel on Virgin Atlantic. What’s exciting is that on the low end, redemption rates are very attractive, and it’s possible to fly Virgin Atlantic Upper Class between the United States and United Kingdom for under 30,000 points, in some situations. And that’s before a transfer bonus.
Beyond that, Virgin Atlantic has several airline partners, some of which are more lucrative than others. Probably the best use of Flying Club points is for travel in ANA first & business class. You can find the redemption rates below.

Paying 45,000-47,500 Flying Club points for a one-way business class ticket between the United States and Japan is a phenomenal value to start with. Then when you consider the 40% transfer bonus, that means you could be paying significantly fewer Chase points. First class can also be a good deal.
All Nippon Airways’ new first & business class are amazing products as well. The major catch is that availability can be really tough to come by.

Bottom line
Through February 28, 2026, you can receive a 40% bonus when you transfer Chase Ultimate Rewards points to Virgin Atlantic Flying Club. This is more of a niche program, but with a specific use in mind, there’s a lot of value to be had.
With the 40% bonus, you can potentially get some incredible redemption values for travel on Virgin Atlantic, including in Upper Class. There’s also significant value to be had if redeeming on partners, whether it’s on a SkyTeam partner, or on one of Virgin Atlantic’s non-SkyTeam partner airlines.
Do you plan on transferring Chase points to Flying Club with a 40% bonus?
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