Through 3/10/2016, American Express is offering a 50% transfer bonus from Membership Rewards to Virgin America Elevate.
Get 50% more points when transferring Membership Rewards to Virgin America Elevate. The normal rate of 2:1 becomes 2:1.5.
- 200 Membership Rewards becomes 150 Virgin America Elevate
- 10,000 Membership Rewards becomes 7,500 Virgin America Elevate
To transfer points, simply add your Virgin America Elevate number to your Membership Rewards account and then go to the transfer section under “Travel”.
Excise Tax Offset Fee
American Express charges a fee equal to $.0006 per point when transfering Membership Rewards to U.S. based loyalty programs (up to $99). For example, a transfer of 10,000 Membership Rewards points will cost $6. Amex gives you the option to use an additional 1,200 points to offset the fee, but that is a terrible deal.