The current promotion for 15% bonus on points transfers to Velocity is being upped by different banks, which is a bit of a first – usually they all just run the standard bonus.
First it was ANZ kicking in an extra 20%, and now American Express Platinum Charge cardholders are getting an extra 10% during this transfer period.
The offer runs until the end of May, and until then Platinum Charge cardholders can pick up a 25% bonus instead of the standard 15%.
There’s no publicly accessible link to a website with the offer details, but the screenshot above is from an email that was sent out to Platinum Charge cardholders opted in to marketing communications, and can be confirmed over the phone with Amex.
This is a great deal for Charge cardholders, and if you have some certainty that you’ll use a chunk of points with a Velocity redemption, then it would be worth considering.
Well it’s true. Here’s the reply from Amex.
I’ll be happy to assist you again.
Yes, it is absolutely true!
You will be glad to know that you are definitely entitled to receive 25% bonus Velocity points when you transfer your Membership Rewards points to your Velocity Frequent Flyer account from 1 May 2016, to 31 May 2016.
I did find this reference to the bonus that looks quite promising. http://ebm.email.americanexpress.com/c/tag/hBXK-PTAQB6DpB9NSKpNwBrD7xM/doc.html?t_params=EMAIL
Not a bad deal if it’s true.
I wonder if it applies to Business Platinum cc as well?
Hi Keith,
I didn’t receive this email, and the offer page when I log in only comes up at the 15% bonus. Perhaps it was targetted in some way?
I’m 99% sure this is available to every Plat Charge cardholder – give them a call to double check (I did this also) as yep, I’m also not seeing it anywhere online so good to verify.