No, you cannot directly "cash in" Virgin Points (formerly Virgin Air Miles) for physical cash or a bank transfer. The Virgin Atlantic Flying Club and the Virgin Red program are designed for "rewards-based" redemptions rather than cash-back. However, there are many ways to use points to offset costs. The most popular method is Points Plus Money, which allows you to use your points to reduce the cash price of a flight or a Virgin Holiday. You can also spend points on a wide range of "non-flight" rewards through the Virgin Red app, such as hotel stays, cruises with Virgin Voyages, train tickets on Eurostar, or even small everyday items like coffee and Greggs sausage rolls. While you can "buy" points with cash, the reverse—selling them back to the airline—is not permitted. If you have no intention of flying, the most "cash-like" value is found in redeeming points for gift cards or using them to pay for your Virgin Atlantic credit card statement balance in certain regions.