Receive 15-20% extra Velocity points when you transfer your Membership Rewards points from participating American Express credit and charge cards:
- 15% bonus Velocity points for Membership Rewards Ascent, Gateway, New Corporate Ascent and Business Ascent
- 20% bonus Velocity points for Premium Ascent
No activation is required to take advantage of this offer and you can earn the bonus points multiple times.
The terms and conditions state that the points can take up to six weeks to credit but they usually arrive quicker than that.
Terms and conditions
For Amex Membership Rewards Ascent, Gateway, New Corporate Ascent and Business Ascent enrolled Card Members
To receive 15% bonus Velocity Points, the primary American Express Australia Card Member must:
1. be enrolled in the American Express Membership Rewards Ascent, Gateway, New Corporate Ascent or Business Ascent Membership Rewards Program;
2. be a member in the Velocity Frequent Flyer program, and
3. transfer a minimum of 2,000 Membership Rewards points (or 1,998 Membership Rewards points for Business Ascent) from their relevant American Express Membership Rewards Program into their Velocity Frequent Flyer account in one transaction between 12:01am (AEST) 16 February and 11:59pm (AEST) 2 March 2026 (Promotion Period). Make sure your name on your Velocity account matches your name on your eligible American Express Card.
This offer excludes American Express New Zealand Card Members. A Primary Card Member can redeem this bonus Points offer multiple times throughout the Promotion Period. The bonus Velocity Points will be calculated as 15% of the base number of Velocity Points the relevant Card Member is entitled to receive when they transfer Membership Rewards points to Velocity Points during the Promotion Period.
For Amex Premium Ascent Membership Rewards enrolled Card Members only
To receive 20% bonus Velocity Points, the primary American Express Australia Card Member must:
1. be enrolled in the American Express Premium Ascent Membership Rewards Program;
2. be a member in the Velocity Frequent Flyer program; and
3. transfer a minimum of 2,000 Membership Rewards points from the American Express Premium Ascent Membership Rewards Program into their Velocity Frequent Flyer account in one transaction between 12:01am (AEST) 16 February and 11:59pm (AEST) 2 March 2026 (Promotion Period). Make sure your name on your Velocity account matches your name on your eligible American Express Card.
This offer excludes American Express New Zealand Card Members. A Primary Card Member can redeem this bonus Points offer multiple times throughout the Promotion Period. The bonus Velocity Points will be calculated as 20% of the base number of Velocity Points the relevant Card Member is entitled to receive when they transfer Membership Rewards points to Velocity Points during the Promotion Period.
Additional Transfer T&Cs
A minimum of 2,000 Membership Rewards points (or 1,998 Membership Rewards points for Business Ascent) must be redeemed for Velocity Points at any one time and must be in increments of 2 Membership Rewards points (or 3 Membership Rewards for Business Ascent) 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 Frequent Flyer 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 Frequent Flyer 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.
To earn and redeem Velocity Points you must be a Velocity member. Velocity membership and Points earn and redemption are subject to the Velocity membership Terms and Conditions, as amended from time to time.
