RateHerald

Our illustration, not the card’s design

Synchrony credit card

Virgin Red Rewards World Elite Mastercard

$99 a year. 60,000 Virgin Points after you spend $4,000 in 3 months. Purchase APR 20.49–28.49%, variable. No foreign transaction fees.

Checked Nov 1, 2026Updated

Welcome offer
Annual fee
Purchase APR · variable
Foreign transactions

Select an underlined figure to see where it comes from.

Synchrony’s terms

Welcome offer

60,000 Points

After you spend $4,000 on purchases in your first 3 months.

Spending it takes
$1,333 a month
for 3 months
Tracking since
Nov 1, 2026
history will chart every change

Boarding Bonus; limit one offer per accountholder. Points post to Virgin Red account within 1-2 billing cycles if earned. Virgin Red Rewards card must be linked to Virgin Red account; credit card account must be open, in good standing and not delinquent. Issuer reserves right to discontinue or alter the offer.

In dollars

What it’s worth

Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.

SpendingValue against the feeFirst yearAfter
Light spender$70$70
Typical spender$945$345
Heavy spender$1,630$1,030
The spending each assumes, and what isn’t counted
  • Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
  • Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
  • Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month

Assumed: points valued at an assumed 1¢; welcome bonus needs $4,000 in 3 months.

$70a year

The same in the first year and after.

Rewards and credits$170

You keep $70−$100 annual fee

The spending this assumes

A month: groceries $300, dining $100, gas $100, everything else $500. Assumed: points valued at an assumed 1¢; welcome bonus needs $4,000 in 3 months.

$345a year

$945 the first year, with the welcome bonus.

Rewards and credits$445

You keep $345−$100 annual fee

The spending this assumes

A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250. Assumed: points valued at an assumed 1¢.

$1,030a year

$1,630 the first year, with the welcome bonus.

Rewards and credits$1,130

You keep $1,030−$100 annual fee

The spending this assumes

A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500. Assumed: points valued at an assumed 1¢.

Use your own spending

Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards

Against the market

How it compares

Worth more to a typical spender than about 75% of the 732 cards we track.

  • Lower top APR than about 35% of the 163 cards on our Sign-up bonuses list (see the list).

Other points cards with fees up to $100

Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).

Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method

Virgin Red

How you earn

3×
Virgin AtlanticVirgin HotelsVirgin Voyages
2×
grocery storesdining outselected streaming servicesEV charging
1×
Everything else

Points per dollar. “What it’s worth” values a point at an assumed 1¢.

Benefits

  • Virgin Voyages Bar Tab credit: $300 other
  • Personal Perks: two per cardholder year; one perk unlocked at $15,000 spend in a year and another at $30,000. Options include a Virgin Atlantic Flying Club reward voucher toward a companion seat or cabin upgrade, one free Virgin Hotels night stay, one Virgin Hotels priority suite upgrade, up to $300 Virgin Voyages bar tab credit, and Virgin Voyages Blue Extras perks package
  • Virgin Hotels benefit: one free night at Virgin Hotels each cardholder year; book two nights, get a third night free at participating hotels, once per cardholder year
  • No foreign transaction fees when traveling overseas
  • Mastercard World Elite Concierge: complimentary 24/7 concierge service
All 6 benefits
  • Earn 25 Virgin Atlantic Flying Club Tier Points for $2,500 of qualifying spend, up to 50 Tier Points a month

Every figure with its receipt

Rates and fees

Annual fee
Purchase APRvariable
Balance transfer fee
Cash advance APR
Cash advance fee
Late payment
Foreign transactions
Grace period
Minimum interest charge

Before you apply

  1. What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
  2. Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)

Questions

What is the annual fee?
$99 · Reported to the CFPB, Dec 31, 2025, since Sep 29, 2026
Does it charge a foreign transaction fee?
No. · Reported to the CFPB, Dec 31, 2025, since Oct 4, 2026
What is the purchase APR?
20.49–28.49% APR · Reported to the CFPB, Dec 31, 2025, since Sep 29, 2026
Is there a welcome bonus?
60,000 Virgin Points after $4,000 in purchases in 3 months. · virgin.com, since Nov 1, 2026
Read the card agreement

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