Once you have upgraded to the next membership tier, you can maintain your status level with only 80% of the required Status Credits that it took you to get upgraded. Earn Status Credits when you use an American Express Velocity Platinum Card.You can see an earn table and use their Mileage Calculator on the website. The number of Credits earned will depend on distance flown, airline booked and eligible fare class. Fly on eligible flights to eligible sectors with Virgin Australia and their airline partners.Unlike Velocity Points, there are only a few ways to earn Status Credits: You start off as a Red member and from there with enough Status Credits you can upgrade to Silver, Gold and Platinum. Status Credits you earn is only valid for 12 months. To upgrade your membership level, you need to earn Status Credits that are different from Velocity Points.