Card

The American Express Velocity Escape Plus Card

Offer

American Express Velocity Escape Plus Card (Velocity Bonus Offer)

Public offer

Selected terms version

Ended. These terms are no longer available.

Published 22 Feb 2026

View current offer termsOffer terms history
$95 first year annual fee
40,000 points
1.75 points per dollar
Spend $3,000 in 90 days

This offer is currently unavailable.

Source wording history

Offer terms

Low FeeOffer Ended

Signup Bonus

40,000 points

Velocity

Minimum Spend

$3,000

within 3 months

Cash Bonus

$50$50 Virgin Australia Statement Credit

Offer Expires

August 4, 2026

2 months ago

Ongoing Earn Rate

1.75x points per $1 spent

Fees

First Year Annual Fee

$95

Ongoing Annual Fee

$95

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.

CraigCraig's Analysis
+40,000sign-up bonus
+5,250from $3,000 spend
=29,193Krisflyer points
×1.5¢per point
=$438point value
+$50cashback
−$95first-year fees
=$393est. first-year value

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

40% of one way trip

Points via Singapore Airlines

Bonus Difficulty

Easy

●○○

$33 per day required

First Year Cost

$95

annual fee

Estimated Bonus Value

$496

Based on 1.7000000000000002¢ per Velocity point

Earn Rate

Excellent

●●●●

1.75x Velocity points per $1

Did this help you make a decision?

29,193 Krisflyer miles
1.13 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 21 May 2026

Ended 21 May 2026

No recorded term changes from the previous version.

Published 16 Mar 2026

Changes from terms version 2

Bonus:
40,00030,000
Points Per Dollar:
1.751.00
Bonus Cash Description:
$50 Virgin Australia Statement CreditVirgin Australia Statement Credit

Published 22 Feb 2026

Ended 16 Mar 2026

Changes from terms version 1

Bonus Cash:
$50
Bonus Cash Description:
$50 Virgin Australia Statement Credit
Interest Rate:
23.99

Published 8 Feb 2026

Ended 22 Feb 2026

First recorded terms

Bonus Velocity:
40,000
Annual Fee:
$95
Minimum Spend:
$3,000 in 90 days
Craig

Something out of date?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

— Craig