Image of PointHacks Exclusive American Express Velocity Platinum Card credit card

Card

The American Express Velocity Platinum Card

Offer

PointHacks Exclusive American Express Velocity Platinum Card

Public offer

Selected terms version

Ended. These terms are no longer available.

Published 30 Jun 2024

View current offer termsOffer terms history
$375 first year annual fee
100,000 points
1.25 points per dollar
Spend $3,000 in 90 days

This offer is currently unavailable.

Source wording history

Offer terms

PremiumOffer Ended

Signup Bonus

100,000 points

Velocity

Minimum Spend

$3,000

within 3 months

Offer Expires

February 6, 2024

3 years ago

Ongoing Earn Rate

1.25x points per $1 spent

Fees

First Year Annual Fee

$375

Ongoing Annual Fee

$375

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
+3,750from $3,000 spend
=103,750Velocity points
→$450in Coles gift cards
−$375first-year fees
=$75first-year value

Bonus Difficulty

Easy

●○○

$33 per day required

First Year Cost

$375

annual fee

Bonus Value

$450

103,750 points redeemed in Coles gift cards

Earn Rate

Excellent

●●●●

1.25x Velocity points per $1

Travel Benefits

Lounge Access

Enjoy 2 complimentary Virgin Australia lounge passes each anniversary year at selected domestic airports6

Did this help you make a decision?

$75 of profit after meeting spend requirements
+ $450 Coles gift cards
- $375
annual fee

$100
x 4
$50
x 1
in Coles gift cards, $450 total, with 7,234 points remaining.

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 30 Jun 2024

First recorded terms

Bonus Velocity:
100,000
Annual Fee:
$375
Minimum Spend:
$3,000 in 90 days
Lounge Pass:
Enjoy 2 complimentary Virgin Australia lounge passes each anniversary year at selected domestic airports6

Saved notes

Earlier notes about this offer. Note dates are separate from terms publication dates.

  • Card added, 100k bonus, $375 annual fee
    4 years ago
Craig

Something out of date?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

— Craig