From 1 August to 14 August 2025, American Express and Velocity Frequent Flyer are running a fantastic transfer bonus offer. If you hold a participating Amex card, you can receive:
15% bonus Velocity Points when transferring from:
Membership Rewards Ascent
Membership Rewards Gateway
New Corporate Ascent
Business Ascent
20% bonus Velocity Points when transferring from:
Premium Ascent (found on cards like the Amex Platinum Card and some premium bank-issued Amex products)
The best part? You can earn the bonus multiple times during the promotion period.
How it works
Link your Velocity account to your Amex Membership Rewards account.
Transfer a minimum of 2,000 Membership Rewards points (or 1,998 for Business Ascent) in a single transaction.
Watch for the bonus — while the terms say it can take up to six weeks to credit, in practice it usually lands much sooner.
Why this is a great deal
If you’ve been planning to book flights on Virgin Australia or Velocity partner airlines (Singapore Airlines, Qatar Airways, Etihad, United Airlines and more), this bonus is a fantastic way to stretch your Amex points further.
For example:
Transfer 100,000 Membership Rewards points from Premium Ascent
→ 100,000 Velocity points + 20,000 bonus points = 120,000 Velocity points total
That’s enough for two return Business Class flights between Sydney and Bali, or a one-way Business Class seat from Melbourne to Doha on Qatar Airways
Why the Amex Platinum Card Shines Here
The American Express Platinum Card is widely considered the top-tier option for Membership Rewards points earners.
150,000 Bonus Points if you use this Link
Earns 2.25 Membership Rewards points per $1 spent on most purchases.
Access to over 1,400 airport lounges worldwide.
$400 annual dining credit + $450 travel credit each year.
Complimentary elite status with hotel programs like Marriott Bonvoy Gold Elite and Hilton Honors Gold.
For big spenders and frequent travellers, it’s an incredibly powerful card — especially during transfer bonus promotions like this one.