15-20% Bonus Velocity Points on Amex Transfers (August 2021)

Amex cards in wallet
Earn bonus points when transferring Amex Membership Rewards points to Velocity. Photo: American Express.

Virgin Australia’s Velocity Frequent Flyer program is giving a 15-20% bonus on points transferred from the American Express Membership Rewards credit card program until 25 August 2021.

To take advantage of this offer, you would need to transfer at least 2,000 Amex Membership Rewards points to Velocity.

In most cases, Amex cardholders would earn 15% bonus Velocity points with this offer. But Amex cardholders enrolled in the Premium Ascent Membership Rewards program will receive 20% bonus points. The Premium Ascent program is the one that also allows you to transfer points to Qantas Frequent Flyer and covers Amex Centurion, Amex Platinum and Rewards Advantage card members.

This offer is only available to Australian Amex customers and is not available in New Zealand. The full promotion terms & conditions are available on the American Express website.

Velocity Frequent Flyer typically offers at least 15% bonus points on transfers from most Australian credit card reward programs in May and November each year. The last such offer was in May 2021.

The current offer in August 2021 may be useful for Amex cardholders with an immediate need for Velocity points. But point transfers cannot be reversed, and by transferring to Velocity now, you will lose the option to transfer those Amex points to a different frequent flyer program in the future. You may also want to consider that Velocity is likely to run a similar promotion again in November 2021 anyway.

Velocity points can be redeemed for Virgin Australia domestic flights and upgrades, plus various other non-flying rewards.

But Velocity points cannot currently be redeemed for any international flights – not even reward seats on Virgin Australia’s own flights to Queenstown which are currently scheduled to resume on 31 October 2021. Velocity points also cannot be redeemed for flights on any of Virgin Australia’s partner airlines at the moment, nor transferred to Singapore Airlines’ KrisFlyer program.

Meanwhile, there are just a few days left to earn 250 bonus Velocity points when transferring at least 1,000 flybuys points into Virgin Australia’s loyalty program. That offer ends on 22 August 2021.

Join the discussion on the Australian Frequent Flyer forum: Bonus on transfers Amex to Velocity (15-20%) until 25th August 2021

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Matt Graham
The editor of Australian Frequent Flyer, Matt's passion for travel has taken him to over 60 countries… with the help of frequent flyer points, of course!
Matt's favourite destinations (so far) are Germany, Brazil, New Zealand & Kazakhstan. His interests include economics, aviation & foreign languages, and he has a soft spot for good food and red wine.

You can contact Matt at [email protected]