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The American Express Velocity Platinum Card

Earn 100,000 bonus Velocity Points when you apply online by 15 May 2024, are approved, and spend $3,000 on eligible purchases on your new American Express Velocity Platinum Card within the first 3 months. T&Cs apply. Available to new American Express Card Members only.

100000
Velocity Points
100
Bonus Status Credits
2.25
Velocity Points Per $1 Spent
375
Annual fee

The American Express Velocity Platinum Card

Card benefits

Receive 100,000 bonus Velocity Points when you apply online, are approved, and spend $3,000 on eligible purchases on your new Card within the first 3 months.

Complimentary Annual Domestic Flight

100 Bonus Status Credits

Airport Lounge Access

Complimentary domestic and international travel insurance (PDS)

Apple Pay, Google Pay and Samsung Pay support

Plus more benefits

23.99% p.a. interest after interest free period.

Annual Fee: $375/ year

Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this introductory bonus offer. Previous and existing bank-issued American Express companion cardholders are eligible for this offer.

We may receive a commission from the card issuer for each applicant of this card. You do not pay this amount. More about this in our credit guide.

The American Express Velocity Platinum Card

The American Express Velocity Platinum Card

Earn 100,000 bonus Velocity Points when you apply online by 15 May 2024, are approved, and spend $3,000 on eligible purchases on your new American Express Velocity Platinum Card within the first 3 months. T&Cs apply. Available to new American Express Card Members only.

Frequently asked questions

Do credit cards impact your credit score?

Paying off your full credit card balance each month on time may positively affect your credit score, but not paying back the full balance owing on time may negatively impact your credit score. That’s why it’s important to keep on top of your payments and try to pay off the balance in full and on time each month.

Do you need to pay interest on your credit card?

With every credit card, there’s usually an interest free period of up to 44 days or 55 days, whereby if you pay back the full balance owing on your statement before the interest free period, then no interest is charged.

However, if you don’t pay back the full balance owing before the interest free period, then interest will be charged on the balance owing on your statement. That’s why it’s important to keep on top of your credit card statements and try to pay back the full balance owing each month before the end of the interest free period.

What is American Express Velocity Platinum Card?

The American Express Velocity Platinum Card is for people who want to make purchases on credit with the ability to earn Velocity Points and to access additional travel and insurance benefits (like complimentary lounge invitations and complimentary travel insurance!).

What is the minimum limit for the American Express Velocity Platinum Card?

The minimum credit limit for the American Express Velocity Platinum Card is $3,000, and consumers can nominate their credit limit (subject to American Express credit approval criteria).

What are the AMEX Velocity Platinum Card benefits?

The American Express Velocity Platinum Card comes with heaps of benefits including:

  • 100,000 bonus Velocity Points when you apply online, are approved, and spend $3,000 on eligible purchases on your new Card within the first 3 months.
  • Complimentary Annual Return Domestic Economy Flight every year
  • 2x Complimentary lounge passes to the American Express Centurion lounge
  • 2x Complimentary lounge passes to the Virgin Australia lounges
  • Complimentary domestic and international travel insurance (PDS)
  • Plus more benefits

Who is the American Express Velocity Platinum Card for?

The American Express Velocity Platinum Card is for people who:

  • want to make purchases on credit with the ability to earn Velocity Points and to access additional travel and insurance benefits.
  • earn a sufficient income to enable them to pay their outgoings and living expenses, in addition to their Card repayments each month without experiencing financial hardship.
  • are willing and able to pay an interest rate of 23.99% p.a. and an annual fee of $375.

Further details on the likely objectives, financial situation and needs of the consumers for which this Credit Card is intended are described here.

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Hey, I’m Queenie.

I’m a licensed personal finance content creator. My mission is to help your money go further and I do this by creating educational videos to help inspire you to create a better financial future for yourself and your community.

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