Image of The American Express Velocity Platinum Card Targeted Offer credit card

Card

The American Express Velocity Platinum Card

Offer

The American Express Velocity Platinum Card Targeted Offer

For invited customers

Selected terms version

Ended. These terms are no longer available.

Published 27 Mar 2025

View current offer termsOffer terms history
$440 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

Cash Bonus

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

Offer Expires

April 30, 2025

a year 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
+3,750from $3,000 spend
=66,935Krisflyer points
×1.5¢per point
=$1,004point value
+$385cashback
−$440first-year fees
=$949est. first-year value

Sydney → Singapore · Business (72,000 pts/way)

92% of one way trip

Points via Singapore Airlines

Bonus Difficulty

Easy

●○○

$33 per day required

First Year Cost

$440

annual fee

Estimated Bonus Value

$1138

Based on 1.7000000000000002¢ per Velocity point

Earn Rate

Excellent

●●●●

1.25x Velocity points per $1

Travel Benefits

Lounge Access

Your American Express Velocity Platinum Card gives you access to Virgin Australia lounges at select domestic airports, every time you fly Virgin Australia domestically.

Did this help you make a decision?

66,935 Krisflyer miles
0.81 miles per dollar
Points transfer 1.55 Velocity points 1 Krisflyer miles

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 22 May 2025

Ended 21 Jul 2025

Changes from terms version 1

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

Published 27 Mar 2025

Ended 22 May 2025

First recorded terms

Bonus Velocity:
100,000
Bonus Cash:
$385
Annual Fee:
$440
Minimum Spend:
$3,000 in 90 days
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.
Craig

Something out of date?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

— Craig