Business owner? Earn 170,000 bonus Velocity Points¹
For a limited time, earn 170,000 bonus Velocity Points¹ with the American Express Velocity Business Card. The Bonus Points are awarded when you apply by 30 April 2025, are approved, and spend $5,000 on eligible purchases on your new American Express Velocity Business Card within 2 months of your approval date.
Plus have your business join the Virgin Australia Business Flyer program to jump direct to Tier 2 and receive a complimentary 12-month Velocity Frequent Flyer Gold Membership if you meet the eligibility and minimum spend criteria.² T&C’s apply. Both offers are available for new American Express Card Members only.
American Express Velocity Business Card: The Lowdown
Designed for ABN holders who are aligned with the Velocity Frequent Flyer program, the American Express Velocity Business Card offers an array of business and travel-friendly features.
Above and beyond the 170,000 Velocity Points¹ sign on bonus, the Card unlocks a high earn rate on spend, two Virgin Australia single airport lounge passes each year, complimentary domestic and international insurance coverage, and much more.
The American Express Velocity Business Card is a ’Charge Card’, which means it needs to be paid off in full each month, by the statement date. As a result, the Card unlocks no pre-set spending limit (T&Cs apply) and up to 51 days to pay for purchases.
Enjoy 170,000 bonus Velocity Points¹
As one of Australia’s leading rewards programs, Velocity Frequent Flyer offers many worthwhile redemption options. This includes the ability to use points for international flights on partner airlines, including Singapore Airlines, United, Etihad Airways and Qatar Airways.
Whatever your plans, Velocity Points don’t expire, so long as you earn or redeem a minimum of 1 Velocity Point every 24 months.
The 170,000 bonus Velocity Points¹ are awarded when you apply by 30 April 2025, are approved, and spend $5,000 on eligible purchases on your new American Express Velocity Business Card within 2 months of your approval date.
Earn Velocity Points fast on business spend
Boost your Velocity Frequent Flyer account balance quickly with a generous earn rate when you spend on your Card.
The American Express Velocity Business Card offers the following earn rates:
- 2 points per $1 spent on travel spend with Virgin Australia
- 1 point per $1 spent on everyday spend, and
- 0.5 points per $1 spent on spend with ATO and government bodies.
There’s no cap on how many points you can earn on your Card each month or year. Plus, with American Express acceptance continuing to grow across Australia, there are plenty of places where you can use your Card.
Points earned on your American Express Velocity Business Card will sweep automatically across to your Velocity Frequent Flyer account each statement period.
Note that cash advances and fees and charges for foreign currencies do not qualify as eligible spend, and will not earn Velocity Points. In order to earn 2 Velocity Points per $1 spend with Virgin Australia, you must make your purchase in Australia.
Receive 2 Virgin Australia Lounge entry passes
Each year, the American Express Velocity Business Card delivers two single entry passes to the Virgin Australia Lounge, available at selected airports.
The two complimentary single-entry lounge passes will be automatically loaded onto your Velocity Frequent Flyer Membership Card each membership year, allowing you to relax in comfort before your next Virgin Australia domestic flight.
Virgin Australia Lounges are operational in the following domestic airports:
- Adelaide
- Brisbane
- Canberra
- Gold Coast
- Melbourne
- Perth T1
- Sydney
Virgin Australia currently sells single-entry lounge passes for $65. So, simply by using your Lounge access passes, you can access up to $130 in value each year you hold the Amex Velocity Business Card.
Access domestic and international travel insurances for your business
With the American Express Velocity Business Card, access is provided to a range of complimentary insurances for you, your family, and employee Cards, when you use your Card to pay for the return trip.
This coverage is designed to provide confidence when you travel for business or leisure.
The coverage includes:
- Medical Emergency Expenses Cover up to $2,500,000
- Business Trip Completion Cover up to $20,000
- Trip Cancellation and Amendment Cover up to $10,000
- Personal Liability Cover up to $1,000,000
To access complimentary travel Insurance cover for employees, the travel must be booked on the employee’s additional Card.
Before deciding to take up any of these insurance products, and to find out more information about coverage requirements, you should refer to the Card PDS and terms & conditions here.
Charge Card with flexible spending power
The American Express Velocity Business Card is a Charge Card and it offers up to 51 cash flow days.
Unless Amex tells you otherwise, your American Express Charge Card comes with flexible spending power, also known as no-pre-set spending limit. This means that the amount you can spend is dynamic and can adapt based on your transaction patterns, your businesses credit rating and other factors. The way you use your Card can help your spending power grow, particularly in the first few months. To help maximise your spending power, you can make regular transactions and don’t miss any payments.
Save time and money with other benefits for business
The American Express Velocity Business Card provides many other benefits, designed to offer convenience and save money for you and your business. Notable card benefits include:
Integration with leading business software: Keep track of business expenditure via integration of your Amex Card account with Quicken and MYOB.
Apple Pay, Samsung Pay, and Google Pay: Enjoy fast, convenient and secure payments on your phone with Apple Pay, Samsung Pay and Google Pay.
Amex Offers: Access popular ‘Spend and Save’ promotions that reward you with a credit to your account when you hit a minimum spend threshold at a specific merchant.
Up to 99 additional Cards: Up to 99 additional Cards can be provided to employees, at a cost of $99 per additional Card. Additional Cardholders earn Velocity Points at the same rate as the primary Cardholder, and are credited to the primary account. This could help you to boost your Velocity Frequent Flyer balance faster.
American Express Velocity Business Card annual fee
The annual fee to hold this Card is $249. A charge of $99 is levied per Employee Card, up to 99 Cards.
American Express Velocity Business Card eligibility
To apply for this Card, you must meet the following eligibility criteria:
- Be over 18 years of age
- Be an Australian citizen or a permanent resident
- Have a good credit history and no payment defaults
- Have an annual business revenue of $75,000 or more
- Your business must have a valid ABN registered for GST
- Be a Director or Controller of the business
To receive the limited-time offer of 170,000 bonus Velocity Points,¹ you must not currently hold or have previously held a Card product issued by American Express Australia Limited in the preceding 18-month period. Previous and existing bank-issued American Express companion Card Members are eligible for this offer.
Don’t miss a chance to boost Velocity Points for your business
Earn 170,000 bonus Velocity Points¹ when you apply by 30 April 2025, are approved, and spend $5,000 on eligible purchases on your new American Express Velocity Business Card within 2 months of your approval date.
Plus have your business join the Virgin Australia Business Flyer program to jump direct to Tier 2 and receive a complimentary 12-month Velocity Frequent Flyer Gold Membership if you meet the eligibility and minimum spend criteria.² T&C’s apply. Both offers are available for new American Express Card Members only.
The secure, mobile-friendly application form takes less than 10 minutes to complete and Amex may be able to give you a response in less than 60 seconds.
*Bonus & Eligibility:
- 170,000 bonus Velocity Points: Offer only available to new American Express Card Members who apply for the American Express Velocity Business Card by 30 April 2025, are approved and spend $5,000 on eligible purchases on their new Card in the first two (2) months from the Card approval date. Eligible purchases do not include Card fees and charges, for example annual fees, interest, late payment, cash advances, balance transfers, traveller’s cheques and foreign currency conversion. Card Members who currently hold or who have previously held any other Card product issued by American Express Australia Limited in the preceding 18-month period are ineligible for this offer. 170,000 bonus Velocity Points will be awarded to the eligible Card Member’s Account 8-10 weeks after the spend criteria has been met. $249 annual fee applies. Subject to the American Express Velocity Business Card Points Terms and Conditions. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.
- Jump to Tier 2: New American Express Card Members who:
a) successfully apply for the American Express Velocity Business Card by 30 April 2025, ensuring they enter their Velocity Frequent Flyer number in the field provided in the Card application, and are approved;
b) spend $5,000 on their new American Express Velocity Business Card in the first two (2) months from the Card approval date; and
c) either:
(i) are already a Virgin Australia Business Flyer Member with a Tier 1 Level Status; or
(ii) sign-up to Virgin Australia Business Flyer within the first one (1) week from the American Express Velocity Business Card approval date, are eligible to be upgraded from Tier 1 to Tier 2 Level Status of Virgin Australia Business Flyer for 12-months (Jump to Tier 2 Offer), which includes a complimentary 12-month Velocity Gold Membership. See here for Velocity Gold Membership Terms and Conditions. The tier jump can take up to two months to reflect in a member’s Virgin Australia Business Flyer account.
For the avoidance of doubt, existing Virgin Australia Business Flyer members who are already at Tier 2 or 3 Level Status are not eligible for the Jump to Tier 2 Offer.
Card Members who currently hold or who have previously held any other Card product issued by American Express Australia Limited in the preceding 18-month period are not eligible for the Jump to Tier 2 Offer.
At the end of each 12-month anniversary, Virgin Australia reserves the right to review and change the Virgin Australia Business Flyer Member’s Tier Level based on the Member’s spend with Virgin Australia Business Flyer in the previous 12-months. Jump to Tier 2 Offer and the Program Benefits available for Tier 2 Virgin Australia Business Flyer Members are subject to the Virgin Australia Business Flyer and Loyalty Terms & Conditions, as amended from time to time. For more information regarding Tier Level Program Benefits, please visit https://virginaustralia.com/businessflyer