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

The American Express Velocity Platinum Card (Velocity Bonus Offer)

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

Offer Details

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

24 days 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.

Benefits

  • Travel Credits
    More details

    Complimentary annual Virgin Australia return economy domestic flight between selected cities after first Card spend each anniversary year.

  • Lounge Access
    More details

    Virgin Australia Lounge Access at select domestic airports every time you fly Virgin Australia domestically; enrolment required; additional 2 Virgin Australia Guest Lounge Passes per Membership year for friends or family.

  • Status Credits
    More details

    Up to 100 Bonus Velocity Status Credits awarded annually: 50 Status Credits after $25,000 spend and further 50 after additional $25,000 spend on eligible purchases each Membership year.

  • Travel Insurance
    More details

    Complimentary travel insurance covering medical emergency expenses, public transport accident up to $400,000, trip cancellation/amendment up to $12,500, loss or damage to baggage/money/documents up to $10,000, travel inconvenience for flight delays, and COVID-19 related cover when return trip is paid with the Card.

  • Purchase Protection Insurance
    More details

    Card Purchase Cover for eligible stolen or damaged items purchased with the Card; Card Refund Cover for recent and unused purchases when a store refuses a return.

  • Installment Plans
    More details

    Plan It® feature allows paying off eligible transactions over $100 in equal monthly instalments with 3, 6, or 12 month terms, no interest, and fixed monthly fee.

  • Digital Wallet Integration
    More details

    Compatibility with Apple Pay, Samsung Pay, and Google Pay for digital payments.

  • No Additional Cardholder Fee
    More details

    Up to 4 Additional Cards for family or friends at no extra fee; points earned on Additional Cards credited to Primary Card Member's account.

CraigCraig's Analysis
+100,000sign-up bonus
+6,250from $5,000 spend
=68,548Krisflyer points
×1.5¢per point
=$1,028point value
+$385cashback
$440first-year fees
=$973est. first-year value

SydneySingapore · Business (72,000 pts/way)

95% of one way trip

Points via Singapore Airlines

Bonus Difficulty

Moderate

●●○

$56 per day required

First Year Cost

$440

annual fee

Estimated Bonus Value

$1165

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?

68,548 Krisflyer miles
0.81 miles per dollar
Points transfer 1.55 Velocity points 1 Krisflyer miles

Craig

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— Craig