Through 10/31/2016, American Express is offering a 25% transfer bonus from Membership Rewards to Virgin America Elevate.
Receive Gold Status if you transfer 80,000+ Membership Rewards points.
Virgin Elevate Gold status comes with the following benefits:
Preferred seating and upgrades to Main Cabin Select, Access to the Virgin America Loft at LAX, 140% bonus rewards on flights, Priority check-in and boarding, Free checked bag.