American Express Velocity Rewards Credit Card Comparison

Information verified correct on September 28th, 2016

Comparison of the brand new AMEX Velocity Credit Cards

American Express & Velocity have partnered to release 3 brand new credit cards to the Australian market:

  1. American Express Velocity Platinum Card
  2. American Express Velocity Gold Card
  3. American Express Velocity Business Card
  4. American Express Velocity Escape Card

These cards are quite significant for Australian frequent flyers, as they offer fantastic earn rates with the Velocity Rewards program.

American Express Velocity Escape Card

Rewards Credit Card Offer

Make a purchase of $750 within the first 3 months and receive 7,500 bonus Velocity Points.

  • $0 p.a. annual fee
  • 20.74% p.a. on purchases
  • 0% p.a. for 12 months with 1% balance transfer fee on balance transfers
  • Up to 44 days interest free
  • Minimum Income Requirement of $40,000 p.a.

American Express Velocity Credit Cards Comparison

Rates last updated September 28th, 2016
Rewards Points per $ spent (AMEX) Rewards Points per $ spent (VISA/MC) Bonus Points Annual fee
American Express Velocity Escape Card
Enjoy 7,500 bonus Velocity Points when you meet the minimum spend requirement and earn up to 2 points for every $1 you spend, together with a $0 annual fee.
1 0 7,500 bonus points $0 p.a. Go to site More info
American Express Velocity Platinum Card
Enjoy up to 50,000 bonus Velocity Points when you meet the minimum required spend and earn up to 3 rewards points per dollar spent. Also receive a complimentary return flight every year.
1 0 50,000 bonus points $349 p.a. Go to site More info
American Express Velocity Business Card
This is a rewarding business card with no pre-set spending limit, Velocity Points earning and up to 51 days interest-free on purchases.
1 0 $249 p.a. Go to site More info

American Express Velocity Platinum Card

  • Receive 50,000 bonus Velocity Points if you spend $1,500 in the first 3 months of Card membership.
  • Earn $3 Velocity Rewards points per $1 spent when you make purchases in Australia with the Virgin Australia group of airlines including Virgin Australia, V Australia, and Pacific Blue.
  • Earn 1.00 Velocity Rewards Points per $1 spent on all other purchases on your card.

Read our review of the American Express Velocity Platinum Card

American Express Velocity Gold Card

  • Earn 15,000 bonus Velocity Points when you spend $500 in the first 3 months of Card membership
  • Earn up to 2.00 Velocity Rewards points per $1 spent when you make purchases in Australia with the Virgin Australia group of airlines including Virgin Australia, V Australia, and Pacific Blue.
  • Earn 1.00 Velocity Rewards Points per $1 spent on all other purchases on your card.

Read our review the American Express Velocity Gold Card

American Express Velocity Business Card

  • Earn 2.00 Points for every $1 spent on your Card in Australia with the Virgin Australia group of airlines
  • Earn 1.00 Velocity Rewards Points per $1 spent on all other purchases on your card.

Read our review the American Express Velocity Business Card

American Express Velocity Escape Card

  • For Receive 7,500 bonus Velocity Points when you apply, are approved and spend $750 on your new card within the first 3 months. Also enjoy 0% p.a. for 12 months on balance transfers.
  • Each dollar you spend on Virgin Australia flights or products earns 2.00 Velocity Points
  • Earn 1.00 point per dollar spent on other purchases

Read our review the American Express Velocity Escape Card

For more information on the launch, read the American Express Velocity Press Release

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Earn more points with the Velocity Frequent Flyer Rewards Program

The Velocity Frequent Flyer Rewards Program is Virgin Australia’s frequent flyer scheme that allows customers to earn Velocity Points whenever they fly with the airline or any of its international partners. Not only can customers earn points, but they also can take advantage of the many flights offered, including one-stop flights to Europe, flights to the Americas, Asia, the Middle East and more.

Members of the Velocity Frequent Flyer Program can also earn points all over the world by using the program’s network of partners, including hotels, car hire companies, travel assistance, insurance companies and more. Additionally, customers using a credit card that is linked to the Velocity program will be able to earn double the points, because they will be earning points by using their cards as well as with program partners.

Learn more about the how to join Velocity for free

Frequently Asked Questions about the Velocity Rewards Program

What is Velocity Rewards?

Rewards is the official loyalty program of Virgin Australia, V Australia, Pacific Blue and Polynesian Blue airlines. It is free to join velocity online.

How long are points valid for?

Points do not expire with the Velocity Rewards Program as long as you earn or redeem them at least once every 24 months.

How can I earn Velocity Points?

You can earn points at a higher earn rate with the Velocity Rewards program by purchasing airline tickets, accommodation, car hire, travel and entertainment with Velocity Rewards partners. You can also earn Velocity Points spent on any other purchase.

How can I redeem Velocity Points?

Your Velocity Points can be redeemed for airline tickets, hotel accommodation, car rental, shopping, travel & entertainment. There are over 700 options to choose from within the Velocity Rewards Store.

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Credit Cards Comparison

Rates last updated September 28th, 2016
Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
Enjoy a 0% p.a. balance transfer offer for 18 months and also earn 2 bonus Velocity Points in the first 3 months on everyday spend.
20.74% p.a. 0% p.a. for 18 months $64 p.a. annual fee for the first year ($129 p.a. thereafter) Go to site More info
ME Bank frank Credit Card
Enjoy a low and consistent interest rate on purchases and cash advances, combined with no annual fee.
11.99% p.a. $0 p.a. Go to site More info
St.George Vertigo Visa
Introductory offer of 0% p.a. for 18 months on balance transfers and 1% p.a. for 12 months on purchases, plus a low annual fee.
1% p.a. for 12 months (reverts to 13.24% p.a.) 0% p.a. for 18 months $55 p.a. Go to site More info
HSBC Platinum Credit Card
Receive a full annual fee refund and save $149 if you meet the $6,000 spend requirement. Enjoy a balance transfer offer and platinum card benefits such as complimentary insurances and concierge services.
19.99% p.a. 0% p.a. for 15 months $149 p.a. Go to site More info

* The credit card offers compared on this page are chosen from a range of credit cards CreditCardFinder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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