My dad has been in poor health recently and he's found out that if he passes away then all of his AMEX points will be forfeit. Dad doesn't look like he's going to pass away anytime soon (thankfully!), but he's not going to be traveling and wants to gift me his points.
Dad has approximately 550k AMEX points. What is the best way we can go about transferring his points? I understand you can't directly gift AMEX points to someone, but I think Dad could setup a frequent flyer account for an airline, transfer his AMEX points to his frequent flyer account and then transfer to my frequent flyer account?
I have a Virgin Velocity frequent flyer account. What's the best way to get full value from the points? Transfer from AMEX to Velocity or another of the frequent flyer (Qatar, Avios etc) programs?
Thanks!
Sorry about your Dad.
This is the best way. If you're OK to wait, Velocity normally runs a transfer bonus scheme twice a year (normally May/Nov) which will probably get you an extra 15%.
Avios is also a good redemption option but I'm not that familiar with the program. It looks like you can do a family transfer with them as well.