Update 9/23/24: Card is now live.
The full details surrounding the Synchrony Virgin Red Mastercard are now live and you can sign up to the waitlist for the card.
Earn 40,000 points after $3,000 in spend within the first 90 days
Earn 2,500 points when you add an authorized user (up to 4)
$99 annual fee, not waived first year
Card earns at the following rates
3x points on Virgin Atlantic, Virgin Hotels and Virgin Voyages
2x points on dining, at grocery stores, on select streaming services and for EV charging
1x points on all other purchases
Personal perks. Spend $15,000 in a calendar year to choose one of the below or $30,000 to choose two of the below:
Flying Club reward voucher for a companion seat or cabin upgrade
One free night stay or hotel suite upgrade at Virgin Hotels
Up to $300 Bar Tab credit or Blue Extras perks package on Virgin Voyages
Our Verdict
Outside of the sign up bonus I don’t see this card being worth it long term. We also don’t have datapoints on how Synchrony treats authorized users. It might make sense to sign up for the waitlist in the hopes they offer a higher than publicly listed sign up bonus but as they aren’t advertising it I doubt that will happen.