If you have a Chase Ultimate Rewards account, you can transfer points to participating frequent travel programs. One program you can transfer points to is Flying Club which is the loyalty currency of Virgin Atlantic. Usually one Ultimate Rewards point equals one Flying Club Mile. So 1,000 Chase Ultimate Rewards points will yield 1,000 miles.
However, now through 11/12/2022, you can receive 30% more Miles when you transfer Ultimate Rewards points to Virgin Atlantic. So during this offer, 1,000 Chase Ultimate Rewards points will yield 1,300 Flying Club Miles.
If you are trying to accumulate Flying Club Miles right now, this may be something you may want to consider taking advantage of.