Image of The American Express Velocity Platinum Card credit card

Card

The American Express Velocity Platinum Card

Offer

The American Express Velocity Platinum Card

Public offer

Selected terms version

Ended. These terms are no longer available.

Published 8 Nov 2024

View current offer termsOffer terms history
$440 first year annual fee
60,000 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

60,000 points

Velocity

Minimum Spend

$3,000

within 3 months

Cash Bonus

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

Offer Expires

January 21, 2025

2 years 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
+60,000sign-up bonus
+3,750from $3,000 spend
=63,750Velocity points
×1.7¢per point
=$1,084point value
+$385cashback
−$440first-year fees
=$1,029est. first-year value

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

42% of one way trip

Points via Air Canada

Bonus Difficulty

Easy

●○○

$33 per day required

First Year Cost

$440

annual fee

Estimated Bonus Value

$1084

Based on 1.7000000000000002¢ per Velocity point

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?

63,750 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 3 Oct 2026

No recorded term changes from the previous version.

Published 2 Oct 2026

Ended 4 Oct 2026

Changes from terms version 11

Minimum Credit Limit:
3,000

Published 9 Aug 2026

Ended 2 Oct 2026

No recorded term changes from the previous version.

Published 9 Aug 2026

Ended 3 Oct 2026

Changes from terms version 9

Bonus:
50,00070,000
Second Year Bonus:
030,000
Expiration Date:
30 Apr 202613 Oct 2026

Published 19 May 2026

Ended 9 Aug 2026

Changes from terms version 8

Bonus:
70,00050,000
Second Year Bonus:
30,0000

Published 7 Feb 2026

Ended 19 May 2026

No recorded term changes from the previous version.

Published 2 Feb 2026

Ended 7 Feb 2026

Changes from terms version 6

Bonus:
60,00070,000
Second Year Bonus:
030,000
Spend For Bonus:
3,0005,000
Expiration Date:
30 Apr 2026

Published 1 Nov 2025

Ended 7 Feb 2026

Changes from terms version 5

Bonus:
100,00060,000
Spend For Bonus:
5,0003,000
Expiration Date:
14 Oct 2025

Published 23 Sep 2025

Ended 1 Nov 2025

Changes from terms version 4

Bonus:
60,000100,000
Spend For Bonus:
3,0005,000
Expiration Date:
12 Aug 202514 Oct 2025

Published 5 May 2025

Ended 23 Sep 2025

Changes from terms version 3

Bonus:
100,00060,000
Expiration Date:
30 Apr 202512 Aug 2025
Lounge Pass:
Your American Express Velocity Platinum Card gives you access to Virgin Australia lounges at select domestic airports, every time you fly Virgin Australia domestically.Virgin Australia Lounge Access every time you fly domestically with Virgin Australia plus 2 Virgin Australia Guest Lounge Passes each year

Published 10 Feb 2025

Ended 5 May 2025

Changes from terms version 2

Bonus:
60,000100,000
Interest Rate:
21.0023.99
Expiration Date:
21 Jan 202530 Apr 2025
Lounge Pass:
Enjoy 2 complimentary Virgin Australia lounge passes each anniversary year at selected domestic airports6Your American Express Velocity Platinum Card gives you access to Virgin Australia lounges at select domestic airports, every time you fly Virgin Australia domestically.

Published 8 Nov 2024

Ended 10 Feb 2025

Changes from terms version 1

Bonus Cash:
$385
Bonus Cash Description:
Complimentary Annual Domestic Return Flight (Average Price $385)
Annual Fee:
$375$440
Second Year Annual Fee:
$375$440
Expiration Date:
21 Jan 2025

Published 30 Jun 2024

Ended 8 Nov 2024

First recorded terms

Bonus Velocity:
60,000
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.

  • Expiration changed from 26/06/24 to no expiration
    2 years ago
  • Expiration changed from 15/05/24 to 26/06/24, Bonus from 100K to 60K, Second Year Bonus from NaN to 0, Notes from Includes Complimentary Virgin Australia return Economy domestic flight between selected cities each year after your first Card spend each anniversary year to Enjoy a complimentary annual Virgin Australia return economy domestic flight between selected cities after your first Card spend each anniversary year. Receive 100 Velocity Frequent Flyer Status Credits when you spend at least $50,000 on eligible purchases in your Card Membership year.
    2 years ago
  • Expiration changed from no expiration to 15/05/24, Bonus from 60K to 100K
    3 years ago
  • Bonus lowered from 75k to 60k
    3 years ago
  • Bonus increased from "60000" to "75000"
    3 years ago
  • Lowered bonus points to 60,000
    3 years ago
Craig

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— Craig