Ok so I just requalified Plat on 13 July. I actually fell 22 SCs short of being able to gift SG, but whatever. Here's the email I received. They use the word 'extended'. But really, it should be 'requalified'. If you were extending my year you would be giving me an actual extension, wouldn't you?
We are pleased to let you know that your Platinum membership has been extended for 12 months.
Your new review date is 13 July 2021.
You will be able to see these changes in your Velocity account and in your Velocity App.
Interact with your renewed My Velocity Card from our App where you can easily use it to reference your membership number.
As announced in April 2020, preserving your Velocity Frequent Flyer Status is extremely important to us and we thank you for your continued loyalty and support of Virgin Australia and Velocity Frequent Flyer.