Terms and Conditions:
Transfer Membership Rewards points to Velocity
A minimum of 2,000 Membership Rewards points must be redeemed for Velocity Points at any one time during the Promotion Period and must be in increments of 2 Membership Rewards points (3 Membership Rewards points for Business Ascent).
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. Bonus Velocity Points will be administered by Velocity Frequent Flyer which will also take up to 3 business days to transfer into your Velocity Membership account. Bonus Velocity Points are calculated on the total number of Velocity Points transferred to the Velocity Account in accordance with the offer.
Maximise the rewards on your Card
16. Provided that you notify us immediately upon discovery of any fraudulent transactions and you have complied with your Card Member Agreement, you will not be held liable for any unauthorised charges.
17. Don't Spam!
American Express discourages spamming. By participating in 'Refer a Friend', you agree to these 'Refer a Friend' terms and conditions:
- Only Friends & Family: You must only send referral messages to close friends and family.
- Ask Their Permission First: You must ask the person for their permission to send them an email about your Card product. Sending emails to people without permission is considered spam.
- Cap Referrals: You may only send referral messages to a maximum of 20 friends and the amount of Velocity Points you may receive under the ‘Refer a Friend’ program is capped at 200,000 Velocity Points per year.
18. Based on American Express merchant locations setup between January 2017 and December 2018.