I just received a postcard from AMEX, basically if you transfer 50,000 points to Velocity before 28th February 2010 you also get Velocity Gold Status or if you transfer 20,000 points you get Velocity Silver Status.
Not too shabby if you were going to transfer anyway, especially given Gold Status comes with full lounge access amongst other benefits.
Not too shabby if you were going to transfer anyway, especially given Gold Status comes with full lounge access amongst other benefits.