Description:
Bonus Points: Transfer a minimum of 2,000 Membership Rewards points to your Velocity Frequent Flyer Account in one transaction by 25 October 2022 and receive 15% bonus Velocity Points. If you are a Centurion, Platinum Charge, Platinum Business or Rewards Advantage Card Member, you will receive 20% bonus Velocity Points.^
*Transfers are normally immediate, but please allow up to 1 business day for the transfer to be completed.
Please note that once points have been transferred out of Membership Rewards to your Velocity Frequent Flyer Account it is not possible to have these reversed back into your Membership Rewards Account as outlined in the Terms and Conditions.
Terms and Conditions
To receive 15% bonus Velocity Points you must transfer a minimum of 2,000 Membership Rewards points from the American Express Membership Rewards Program to Velocity into Velocity Points in one transaction between 12:01am (AEST) 1 October 2022 and 11:59pm (AEST) 25 October 2022 (Promotion Period). A Member can redeem this bonus Points offer multiple times throughout the Promotion Period.
The following American Express Charge Cards are eligible for 20% bonus Velocity Points: Centurion Members, The Platinum Charge Card, Rewards Advantage Card and The Platinum Business Card. To receive 20% bonus Velocity Points, you must transfer a minimum of 2,000 Membership Rewards points from the American Express Membership Rewards Program to Velocity into Velocity Points in one transaction between 12:01am (AEST) 1 October 2022 and 11:59pm (AEST) 25 October 2022 (Promotion Period). The Primary Card Member must be enrolled in Premium Ascent Membership Rewards Program in order to receive the 20% bonus Velocity Points. A Card Member can redeem this bonus Points offer multiple times throughout the Promotion Period.
A minimum of 2,000 Membership Rewards points must be redeemed for Velocity Points at any one time and must be in increments of 2 Membership Rewards points during the Promotion Period and must be in whole numbers. For full details on points transfers, including eligibility criteria, minimum points transfer requirements, applicable conversion rate see the American Express Membership Rewards Program Terms and Conditions. The earning and redemption of Membership Rewards points is subject to the Terms and Conditions of the American Express Membership Rewards Program. The redemption of Membership Rewards points will be administered solely by American Express and will take up to 1 business day to transfer into your Velocity account and is subject to the Terms and Conditions of the American Express Membership Rewards Program in which you are enrolled. Once the Membership Rewards points have been redeemed for Velocity Points, they are governed by the Velocity Membership Terms and Conditions and cannot be reversed. Transferred Velocity Points will take up to 1 business day to be available in your Velocity account. Bonus Velocity Points will be administered by Velocity Frequent Flyer which may take up to 6 weeks to transfer into your Velocity Membership Account. Bonus Velocity Points are calculated on the total number of Membership Rewards points transferred to the Velocity Account (as converted to Velocity Points) in accordance with the offer.
Anyone know if this is good value if I want to book flights with Singapore Airlines (ie. The partnership)?