Image of The American Express Velocity Platinum Card (Velocity Bonus Offer) credit card

Card

The American Express Velocity Platinum Card

Offer

The American Express Velocity Platinum Card (Velocity Bonus Offer)

Public offer

Last published terms

Ended. These terms are no longer available.

Published 8 Feb 2026

Offer terms history
$440 first year annual fee
100,000 points
1.25 points per dollar
Spend $5,000 in 90 days

This offer is currently unavailable.

Source wording history

Offer terms

PremiumOffer Ended

First Year Points

100,000 points

Velocity

Second Year Points

30,000 points

With $440 annual fee

Minimum Spend

$5,000

within 3 months

Cash Bonus

$385Complimentary Annual Domestic Return Flight (Average Price $385)

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

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

  • 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
CraigCraig's Analysis
+100,000sign-up bonus
+6,250from $5,000 spend
=106,250Velocity points
×1.7¢per point
=$1,806point value
+$385cashback
−$440first-year fees
=$1,751est. first-year value

Sydney → London · Business (150,000 pts/way)

70% of one way trip

Points via Air Canada

Bonus Difficulty

Moderate

●●○

$56 per day required

First Year Cost

$440

annual fee

Estimated Bonus Value

$1806

Based on 1.7000000000000002¢ per Velocity point

Earn Rate

Excellent

●●●●

1.25x Velocity points per $1

Travel Benefits

Lounge Access

Virgin Australia Lounge Access every time you fly domestically with Virgin Australia plus 2 Virgin Australia Guest Lounge Passes each year

Did this help you make a decision?

106,250 Velocity points
1.25 points per dollar

Can I get this bonus if I've had a card from American Express before?

You generally need to wait 18 months after your last American Express sign-up bonus before you can earn this one.

See exclusion periods for every Australian issuer →

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

Bonus Velocity:
100,000
Bonus Cash:
$385
Annual Fee:
$440
Minimum Spend:
$5,000 in 90 days
Lounge Pass:
Virgin Australia Lounge Access every time you fly domestically with Virgin Australia plus 2 Virgin Australia Guest Lounge Passes each year
Craig

Something out of date? Let me know on Instagram, Facebook, or email and I'll fix it ASAP.

— Craig