Virgin Red Rewards World Elite Mastercard® from Synchrony: annual fee, APR and rewards

Fact sheet for the Virgin Red Rewards World Elite Mastercard®, issued by Synchrony, with a $99 annual fee and points. Every detail below comes from the issuer’s pricing and terms pages, checked on the date shown at the end of the page.

Issuer	Synchrony
Network	Mastercard
Annual fee	$99 a year
Rewards	Points: 3 points per $1 at or with Virgin Voyages, Virgin Hotels, and Virgin Atlantic; 2 points per $1 at dining establishments, grocery stores, EV charging and select streaming services; 1 point per $1 on all other purchases. 5,000-point anniversary bonus each year you renew and pay the annual fee.
Purchase APR	19.74% for Account Type 1 or 23.74% for Account Type 2 or 27.74% for Account Type 3 when you open your account, based on your creditworthiness and other factors. After that, your APR will vary with the market based on the Prime Rate.
Balance transfer fee	Either $5 or 5% of the amount of each balance transfer, whichever is greater.
Foreign transaction fee	None
Credit level	Excellent, Good (tiers the issuer reports to the CFPB)

What new cardholders actually got

In the CFPB's Terms of Credit Card Plans survey for July to December 2025, new accounts on this card got a median purchase APR of 24.49%, with a range of 20.49% to 28.49%. The advertised range above is what the issuer offers today; the survey shows where approved applicants landed.

Source: Consumer Financial Protection Bureau, Terms of Credit Card Plans survey.