American Express American Express Velocity Gold Card

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credit cards

Purchase rate
20.74%
Balance transfer rate
Annual card fee
$199.00
Interest free days
51

Product info
Customer reviews

Rewards scheme

Velocity Rewards
All rewards are redeemed via Velocity Rewards.
Earn bonus points on Virgin Australia, V Australia, Pacific Blue, and Polynesian Blue

Privileges

Travel Accident Insurance
Purchase Protection
Account alerts by SMS

Special offers

20,000 points when approved by 31/10/12, and spend $500 in 3 months.

Value of rewards points

Example reward
You'd need to spend

$100 gift card
$10,800

Flight: Sydney-Melbourne
$7,840

Flight: Sydney-London
$100,000

Points are capped?
No

Points expire?
Never

Details behind our 'value of rewards' calculations

Points earning 1.25 points per dollar on Amex, uncapped
$100 gift card 13500 points buys a Myer $100 Gift Card
Flight: Sydney-Melbourne 9800 points buys a Virgin Australia Syd-Mel flight
Flight: Sydney-London 125000 points buys a Velocity partner London flight

(how did we do it? find out...)

Rates

Purchase rate: 20.74%
Intro purchase rate: 0.00% for 6 months
Balance transfer rate: none
Balance transfer term: none
Balance transfer revert to cash: none
Cash advance rate: none
Interest free days: 51

Other financial bits

Minimum repayment amount: $30.00
Minimum repayment percent: 2.5

Fees

Annual card fee: $199.00
Introductory fee: $99 in the first 1 year
Annual fee spend threshold: none
Reward program fee: $
Late payment fee: $30.00
Overlimit fee: $30.00
Cash advance fee: $
Foreign exchange margin: 3.00%
Duplicate statement fee: $10.00
Transaction verification fee: $7.00
Additional card fee: $0.00
Establishment fee: $

Features

Additional cardholders: unlimited
Other restrictions: none
Other benefits: Two single entry pass annually to V Australia lounge.

About American Express

American Express is a global mega provider of credit cards, including gold cards, platinum cards, charge cards and more. With American Express, you can find a credit card to suit your lifestyle, tastes and aspirations. If you’re a rewards points junkie, be sure to check out the hugely popular American Express rewards programs, including Qantas Frequent Flyer points and Qantas Club rewards.