MyCard Premier Velocity
$300 first year annual fee
110,000 points
$10,000 min limit
0.50 points per dollar
Spend $8,000 in 90 days
Offer Details
Premium
Signup Bonus
110,000 points
Velocity
Minimum Spend
$8,000
within 3 months
Cash Bonus
$72Priority Pass lounge credit (2 visits × $36)
Ongoing Earn Rate
0.50x points per $1 spent
Fees
First Year Annual Fee
$300
Ongoing Annual Fee
$300
From year 2 onwards
Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.
I'd like to use my bonus for:
Craig's Analysis110,000 bonus + 4,000 from $8,000 spend
114,000 Velocity pts × 1.7¢/pt = $1,938
+ $72 cashback
− $300 first year fees
Est. profit $1,710
Bonus Difficulty
Moderate
●●○$89 per day required
First Year Cost
$300
annual fee
Earn Rate
Average
●●○○0.50x Velocity points per $1
Travel Benefits
Lounge Access
One complimentary digital Priority Pass Standard Membership with two complimentary lounge visits per 12-month membership for the primary cardholder
Did this help you make a decision?
$272 of profit after meeting spend requirements
+ $500 Coles gift cards
+ $72 priority pass lounge credit (2 visits × $36) extra bonus
- $300
annual fee
$100
x 5
in Coles gift cards, $500 total, with 6,685 points remaining.