The Velocity Platinum Card is a 2023 Mozo Experts Choice Award winner for best Velocity Frequent Flyer Premium Credit Card.
You'll also be able to earn a free return domestic flight every year (conditions apply) and you can now bag 100 Velocity Frequent Flyer Status Credits when you spend a minimum of $50,000 in a year.
New customers can also now receive 100,000 bonus Velocity Points when they apply online by 15 May 2024, are approved and spend $3,000 on eligible purchases on their card in the first 3 months. (T&Cs apply).
Building up your Velocity Points balance is easy when you use the tier based system attached to the 2022 Mozo Experts Choice Award winning AMEX Velocity Platinum Card to your advantage.
You can earn 1.25 Velocity Points per $1 spent. This excludes spends at government bodies, where you'll only earn 0.5 points per $1 spent. And when you're spending with Virgin Australia, you can also bag an extra point per $1 spent. The best part is points never expire and there’s no cap on the amount you can earn.
You can also earn 100 Velocity Frequent Flyer Status Credits when you spend a minimum of $50,000 on eligible purchases within a year of becoming a member.
What's more, if you're a new Amex member cardholder you can earn up to 100,000 bonus Velocity Points when you apply online, are approved, and spend $3,000 on eligible purchases on your new Card within the first 3 months. T&Cs apply. New Card Members only.
Other benefits include free travel inconvenience insurance, card purchase cover and up to four complimentary lounge entries per year.
Rewards card lovers ready take advantage of the perks that the AMEX Velocity Platinum Card has to offer, while at the same time prepared to pay their bills in full and by the due date to avoid the hefty 23.99% purchase rate.
As well as having to fork out $375 for an annual card fee, you'll have to have a good credit rating to be eligible for the card (among some other requirements). There's also a $30 late fee that you should be aware of.
Rates and fees information correct as at 29 March 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
119,600 points
7,800 points
19,500 points
-
1.25 points per dollar on Amex, uncapped
Points automatically transferred to your Velocity account.
Redeem Velocity Points with Virgin, Air New Zealand, Etihad Airways, Singapore Airlines and other partners.
Earn 0.5 Velocity Points per $1 spent at government bodies, earn 2.25 Velocity Points per $1 spend on selected Virgin Australia products and services.
Complimentary Virgin Australia return domestic flight every year after first spend (not eligible for Velocity Points and/or Status Credits earn). Two single entry passes each year to selected Virgin Australia lounges. Two single entry lounge passes to American Express lounges in Australia annually.
Receive 100,000 bonus Velocity Points when you apply online through the referral link by 15 May 2024, are approved, and spend $3,000 on eligible purchases on your new Card within the first 3 months. T&Cs apply. New card members only.
Spend $15,600 (Amex)
Spend $6,240 (Amex)
Spend $95,680 (Amex)
Uncapped
Never
23.99% p.a. |
|
none |
|
No current offer |
|
no |
|
none |
|
55 |
$375.00 |
|
none |
|
none |
|
none |
|
$30.00 |
|
2%, min $2.50 |
|
3.00% |
|
$10.00 |
|
$7.00 |
|
$0.00 |
$30.00 |
|
2.5 |
|
up to 4 |
|
none |
Apple Pay, Google Wallet, Samsung Pay
Account alerts by SMS,
Card Purchase Cover,
Travel Inconvenience Cover
Receive two Virgin Australia Lounge passes each anniversary year at selected domestic airports and two entries per year to the Centurion Lounge.
Terrible to work with or help you out when times are tough. Now have a bad credit, when going through mental health issues.
Read full reviewTerrible to work with or help you out when times are tough. Now have a bad credit, when going through mental health issues.
Great card, great benefits, just a bit expensive but if all used it’s worth it.
Read full reviewGreat card, great benefits, just a bit expensive but if all used it’s worth it.
I'm really happy with Amex because I'm able to quickly accumulate enough points to buy flights and gift cards. They often have promotions for new customers, so I'd recommend holding out for one of those. The card I have allows you to have one free domestic flight every year which is a great bonus.
Read full reviewI'm really happy with Amex because I'm able to quickly accumulate enough points to buy flights and gift cards. They often have promotions for new customers, so I'd recommend holding out for one of those. The card I have allows you to have one free domestic flight every year which is a great bonus.
The issue is that not many places accept the card in Australia . But I travel a lot
Read full reviewThe issue is that not many places accept the card in Australia . But I travel a lot
Got this as part of the 100,000 Velocity points promotion. Exceptional value if you consider the points alone, throw in free domestic flights annually and lounge passes makes this card a no brainer.
Read full reviewGot this as part of the 100,000 Velocity points promotion. Exceptional value if you consider the points alone, throw in free domestic flights annually and lounge passes makes this card a no brainer.
Platinum Edge Credit Card
23.99% p.a.
No current offer
$195 $0 in the first year
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Platinum Edge Credit Card
23.99% p.a.
No current offer
$195 $0 in the first year
Membership Rewards
Platinum Visa Credit Card
19.99% p.a.
No current offer
$299
Qantas Frequent Flyer
Qantas Ultimate Card
23.99% p.a.
No current offer
$450
Qantas Frequent Flyer
Explorer Credit Card
23.99% p.a.
No current offer
$395
Membership Rewards
Velocity Platinum Card
23.99% p.a.
No current offer
$375
Velocity Frequent Flyer
Qantas Discovery Card
23.99% p.a.
No current offer
$0
Qantas Frequent Flyer
Qantas Ultimate Card
Qantas Frequent Flyer
$450
100,000
1.25 points up to 100,000 points/year, then
1 point uncapped
Platinum Visa Credit Card
Qantas Frequent Flyer
$299
50,000
1 point up to 20,000 points/month
Qantas Rewards Premium Card
Qantas Frequent Flyer
$250 $150 in the first year
70,000
0.66 points up to $3,000/month, then
0.33 points up to $6,000/month
Qantas Premium Card
Qantas Frequent Flyer
$249
20,000
1 point uncapped
Rewards Signature Card
NAB Rewards
$295 $145 in the first year
160,000
1.25 points uncapped
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
Velocity Escape Card
Velocity Frequent Flyer
$0
No current offer
0.75 points uncapped
Qantas Rewards Signature Card
Qantas Frequent Flyer
$395 $295 in the first year
120,000
1 point up to $5,000/month, then
0.5 points up to $20,000/month
Low Rate Card
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
13.49% p.a.
$59 $0 in the first year
Premier Credit Card
0% p.a. for 6 months and then 22.24% p.a.
21.49% p.a.
$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Citi Rewards Program
Blue Visa Credit Card
0% p.a. for 9 months and then 21.74% p.a.
0% p.a. for 9 months then 20.74% p.a.
$60
Q Rewards
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 24 months and then 20.99% p.a.
20.74% p.a.
$149 $0 in the first year
Velocity Frequent Flyer
More Mastercard
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)
19.99% p.a.
$100
Bankwest More Rewards
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Low Rate Credit Card
12.99% p.a.
0% p.a. for 20 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Low Rate Credit Card
12.99% p.a.
0% p.a. for 20 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Premier Credit Card
21.49% p.a.
0% p.a. for 6 months and then 22.24% p.a.
$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Blue Visa Credit Card
0% p.a. for 9 months then 20.74% p.a.
0% p.a. for 9 months and then 21.74% p.a.
$60