For a limited time, new cardholders can collect up to 100,000 bonus Velocity Points with the American Express Velocity Platinum, Amex’s top Velocity credit card!
Plus there’s a complimentary return Virgin Australia domestic flight and four Airport Lounge passes each year.
The points are awarded when you apply by 19 June 2019, are approved and meet the minimum spend criteria – that’s 25,000 points for each month you spend $1,000 in the first 4 months.
Amex Velocity Platinum Card overview
Designed for Velocity Frequent Flyer members who love to travel, the American Express Velocity Platinum Card is arguably the most rewarding Velocity card available in Australia.
It’s packed with value, delivering a complimentary domestic Virgin Australia return flight and 2 Virgin Australia and 2 American Express lounge entries each year the card is held.
There’s also a very high ongoing points earn rate on spend, travel insurances and lots of features designed to save cardholders time and money.
Get a complimentary return Virgin Australia domestic flight
The AMEX Velocity Platinum Credit Card is one of the only credit cards in Australia that currently provides a complimentary flight each year.
The return, domestic Virgin Australia flight can be taken between selected Australian cities, and it’s available to use each year you hold the card.
In fact, depending on the route you choose, it’s possible to obtain full value from the $375 annual card fee, simply by using your flight.
The flight can be booked for yourself, a family member or a friend – it’s up to you. You can easily book it online or over the phone.
Below is a full list of the routes you can access with your complimentary return Virgin Australia flight:
|Sydney||Adelaide, Albury, Ayers Rock, Ballina/Byron, Brisbane, Cairns, Canberra, Coffs Harbour, Coolangatta, Hamilton Island, Hervey Bay, Hobart, Launceston, Maroochydore, Melbourne, Port Macquarie, Tamworth, Townsville|
|Melbourne||Adelaide, Brisbane, Canberra, Coolangatta, Hamilton island, Hobart, Launceston, Maroochydore, Mildura, Newcastle, Sydney|
|Brisbane||Adelaide, Cairns, Canberra, Darwin, Emerald, Hamilton Island, Hobart, Mackay, Melbourne, Newcastle, Proserpine, Rockhampton, Sydney, Townsville|
|Perth||Adelaide, Kalgoorlie, Geraldton, Melbourne, Sydney|
|Adelaide||Alice Springs, Brisbane, Canberra, Coolangatta, Melbourne, Sydney|
|Canberra||Adelaide, Brisbane, Coolangatta, Melbourne, Sydney|
|Hobart||Brisbane, Melbourne, Sydney|
|Coolangatta||Adelaide, Canberra, Melbourne, Sydney|
|Hamilton Island||Brisbane, Melbourne, Sydney|
Note: the flight routes we’ve compiled are correct as at 10 May 2019. Routes are subject to change at any time.
Receive 4 Airport Lounge passes (up to $240 in value)
Kick back and relax before your next flight with four complimentary lounge passes each year.
First up, there’s two single entry passes to the Virgin Australia Lounge. The lounge passes will be automatically loaded onto your Velocity membership card each membership year, allowing you to relax in comfort before your next Virgin Australia flight.
There are also two entries each calendar year to the stylish American Express Lounge at Sydney Airport International or Melbourne International Airport. You’ll simply need to swipe your American Express credit card at the door. In welcome news for families, children aged 2-17 years are able to join the primary Card Member in the Lounge at no cost.
Note that Virgin Australia currently sells guest entry lounge passes for $65 and AMEX currently charges $55 per additional adult entry. Simply by using your Lounge invites, you can access up to $240 in value each year you hold the AMEX Velocity Platinum Credit Card.
Earn 100 Velocity Status Credits each year
By spending on your American Express Velocity Platinum Credit Card each year, you could obtain elite status with Virgin Australia faster. You’ll receive 100 status credits when you reach $50,000 of eligible spend in a card membership year. This perk is available to both existing and new card members.
100 Velocity status credits could fast track you to elite status sooner – 250 status credits are needed to attain silver (200 is required to keep it in subsequent years) and 500 status credits are required to attain gold (400 is needed to retain it in subsequent years).
Elite status can unlock valuable perks like priority checking and boarding, lounge access and upgrades – so this perk could add significant value if you’re on the hunt for status.
Earn stacks of Velocity Points with ongoing spend
Boost your points balance fast with a generous earn rate of 1.25 Velocity Points per $1 spent on everyday purchases. This is one of the highest Velocity Points earn rates in Australia.
You’ll receive a supercharged earn rate of 2.25 Velocity Points per $1 spent with Virgin Australia. Spend with government bodies earns 0.5 Velocity Points per $1 spent.
Best of all, there’s never a cap on how many points you can earn with the American Express Velocity Platinum Credit Card – regardless of how much you spend each month or year.
Get peace of mind with a range of insurances
The American Express Velocity Platinum Credit Card offers a range of complimentary insurances, designed to provide peace of mind whether you’re shopping at home or travelling overseas.
The complimentary insurances that you can access through the AMEX Velocity Platinum include:
- domestic and international travel insurance
- travel inconvenience insurance
- refund and purchase protection insurance
Note that to be eligible for the travel insurance products, you’ll need to have paid for a portion of the travel expenses with your Card.
Before taking up any of these insurance products, and to find out more information about coverage requirements, you should refer to the PDS to ensure they meet your needs.
Get a 0% balance transfer for 12 months (1% fee applies)
New cardholders can access a promotional balance transfer offer of 0% p.a. for the first 12 months (one-off 1% credit plan establishment fee and other T&Cs apply). The balance transfer rate will revert to 20.74% p.a. at the end of the promotional period.
More information is available via the application form on the Amex website. You should obtain independent professional financial advice before deciding to obtain this product.
Save money with a range of other benefits
When you hold the AMEX Velocity Platinum Credit Card, you can extract additional value from a range of other cardholder benefits. These include:
- The ability to obtain up to 4 free additional cards for family members
- Amex Offers: Get access to popular promotions that reward you with a cash back when you hit a minimum spend threshold at a specific merchant (e.g. spend $200 at Country Road and get $40 back)
- Amex Invites: enjoy access to music, theatre and film events, sometimes via pre-sale tickets. AMEX also runs Lounges at selected popular events
You can access the Key Fact Sheet for this card here
Plus, get up to 100,000 Velocity points
100,000 bonus Velocity points are enough to unlock a range of flight award redemptions, including a return economy or one-way business class flight to the USA.
You can also use Velocity points to redeem for flights on partner airlines like Singapore Airlines, which offers one of the top first class flight experiences in the world!
American Express Velocity Platinum annual fee and eligibility
The Card comes with an annual fee of $375. You can extract maximum value from this fee, simply by using the complimentary flight and/or airport lounge entries.
The minimum reportable income to apply for the AMEX Velocity Platinum is $65,000.
The offer of up to 100,000 bonus points is available to new cardholders. You are also eligible if you are:
- A supplementary cardholder on someone else’s account.
- A bank-issued American Express companion cardholder (i.e. you hold/have held an Amex issued by ANZ, NAB, Westpac or CommBank).
The offer is not available to those who have held a direct-issued American Express Card in the past 18 months.
Ready to apply? 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.
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