Flight value
Ended — kept for reference
68,548 Krisflyer points, estimated value · 100,000 Velocity points · spend $5,000 in 90 days
I'd like to use my bonus for:
68,548 Krisflyer points at 1.5¢ − $440 first-year fees. Flight value is an estimate, not cash. Assumes you earn the bonus and pay in full.
These terms ended and are kept for reference.
What this calculation assumes
- You make the required purchases and the bonus is paid.
- You pay the balance in full — any interest changes the outcome.
- The required spend is ordinary planned spending, not extra cost.
- Gift-card rates are the recorded redemption catalogue, rechecked at renewal.
Did this help you make a decision?
Can I get this?
This is a public offer.
Can I get this bonus if I have held a card before?
The bonus holding rule for this offer is unverified. Check the offer terms before applying.
See exclusion periods for every Australian issuer →What must I spend?
$5,000 within 90 days — about $1,667 per month. The terms on this page don't record when the clock starts or how long the bonus takes to arrive after you qualify — check the issuer terms for both.
Can I get the card?
No minimum income recorded — this does not mean there is none.
Lending approval is separate from bonus eligibility: approval gets you the card, the conditions above get you the bonus.
How long is this available?
Recorded end date: April 30, 2026.
Should I keep it after the first year?
Renewal costs $440 each year ($440 annual fee) — first year was $440.
Second year pays 30,000 Velocity points if you still hold the card into year two. The recorded terms don't detail the exact second spend hurdle — check the issuer terms before counting on it.
Ongoing earn: 1.25x Velocity points per $1.
Keeping pays off only if you meet the second-year conditions and use the points and benefits enough to cover $440/yr.
Year-two points aren't dollar-valued here: the redemption catalogue may change before renewal, so recheck the rate then.
Velocity Frequent Flyer bonus offer. Activate offer on the VFF portal before applying. Includes 30,000 extra bonus Velocity Points from VFF activation on top of the standard 70,000 Velocity Points card offer. New Amex Card Members only. Card earns Velocity Points directly.
Terms and evidence
Full current terms
Offer terms
First Year Points
100,000 points
Velocity
Second Year Points
30,000 points
With $440 annual fee
Minimum Spend
$5,000
within 90 days (about 3 months)
Cash Bonus
Offer Expires
April 30, 2026
5 months ago
Ongoing Earn Rate
1.25x points per $1 spent
Fees
First Year Annual Fee
$440
Ongoing Annual Fee
$440
From year 2 onwards
Purchase Interest Rate
23.99% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
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.
Benefit history (7 changes)
- No Additional Cardholder FeeUpdated May 2026
- Digital Wallet IntegrationUpdated May 2026
- Installment PlansUpdated May 2026
- Purchase Protection InsuranceUpdated May 2026
- Travel InsuranceUpdated May 2026
- Status CreditsUpdated May 2026
- Lounge AccessUpdated May 2026
Now Virgin Australia Lounge.
Offer terms history
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Published 8 Feb 2026
First recorded terms
Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.
Discussion
About these ended terms (published 8 Feb 2026) — not the current offer.
Community and personal tools
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