Best American Express credit cards for Velocity

Doing all the maths, to work out which cards are best.

American Express points

$195 annual fee

Offer

0 Velocity points

0.50 points per dollar spent

Spend $0 in 0 days

$0 first year annual fee, $195 thereafter

$200 Travel Credit extra bonus.

Craig's Take

Average ongoing earn rate. $200 cashback covers the $195 fee.

American Express points

$395 annual fee

OfferTargeted

54,000 Velocity points

1 points per dollar spent

Spend $4,000 in 90 days (~$1,333/mo)

$400 Travel Credit extra bonus.

Offer Expires 5 months ago (2025-12-02)

Craig's Take

Easy $44/day spend to hit the bonus. Excellent ongoing earn rate. $400 cashback covers the $395 fee.

Est. profit $923

Velocity points

$440 annual fee

Offer

76,250 Velocity points

1.25 points per dollar spent

Spend $5,000 in 90 days (~$1,667/mo)

$385 Complimentary Annual Domestic Return Flight (Average Price $385) extra bonus.

Offer Expires 4 days ago (2026-04-30)

American Express points

$1,450 annual fee

OfferTargeted

105,625 Velocity points

1.13 points per dollar spent

Spend $5,000 in 90 days (~$1,667/mo)

$450 Travel Credit extra bonus.

Offer Expires in 4 months (2026-08-25)

Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $450 cashback offsets the $1450 fee.

Est. profit $1,196