If you’re looking for the right charge card for your business, you might want to consider the Amex Velocity Business Card. Right now, new customers can earn 200,000 Velocity bonus points when you spend $5,000 on eligible purchases within two months of approval.
Plus, there’s the award-winning track record – Amex was crowned 2022 Mozo Experts Choice Credit Card Provider of the Year.
The American Express Velocity Business Card makes it easy to manage your cash flow, with up to 51 days to pay for your purchases and no pre-set spending limit. Paid off each month, this charge card is a great way to be on top of business expenditure.
With up to 99 employee cards on the same business account, this charge card can cater for businesses with 10 employees or 80. Business owners can manage all these cards from one statement, and rewards points on all cards are pooled.
If you’re looking at a lot of business trips, the rewards system for this card might catch your eye. You’ll score 2 Velocity Points for every $1 spent with Virgin Australia, as well as 1 point for every $1 spent on most other purchases (0.5 points for $1 for ATO and government spend).
Velocity rewards points can be used to save on flight upgrades, accommodation, and car rental for you and your employees. You will also receive 2 annual single-entry passes to Virgin Australia lounges at select domestic airports, making business travel feel like a breeze.
Right now, receive up to 200,000 bonus Velocity Points when you apply by 15 May 2024 and spend $5,000 within the first 2 months. Plus join Virgin Australia Business Flyer to jump direct to Tier 2 and receive a complimentary 12-month Velocity Frequent Flyer Gold Membership. Both offers are available for new American Express Card Members only.
Available to business owners with annual revenue of $75,000 or more, the Velocity Business Card could be the right choice for anyone looking to manage their business's cash flow while getting great value on travel rewards with the Velocity program.
This card does come with fees attached. The primary cardholder is subject to a $249 annual fee, while additional employee cards each incur a $99 annual fee.
Rates and fees information correct as at 28 April 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 point 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 2 Velocity Points per $1 spent on travel with Virgin Australia and 0.5 Velocity Points per $1 spent at government bodies.
Two complimentary passes to the Virgin Australia lounge at selected domestic airports each year.
Receive 200,000 bonus Velocity Points when you apply by 15 May 2024 and spend $5,000 within the first 2 months. Join Virgin Australia Business Flyer to jump direct to Tier 2 and receive complimentary 12-month Velocity Frequent Flyer Gold Membership. Available for new members only.
Spend $19,500 (Amex)
Spend $7,800 (Amex)
Spend $119,600 (Amex)
Uncapped
Never
n/a |
|
none |
|
No current offer |
|
no |
|
none |
|
51 |
$249.00 |
|
none |
|
none |
|
none |
|
$20.00 |
|
none |
|
3.00% |
|
$10.00 |
|
$7.00 |
|
$99.00 |
none |
|
none |
|
up to 99 Employee Cards ($99 per Card) |
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Charge Card. Late payment fee is the greater of $20 or 3% of the overdue amount applies after cash flow days. |
Apple Pay, Google Wallet, PayID, Samsung Pay
Travel Insurance
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23.99% p.a.
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$375
Velocity Frequent Flyer
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13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
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$0
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Qantas Ultimate Card
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$450
60,000
1.25 points up to 100,000 points/year, then
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$299
50,000
1 point up to 20,000 points/month
Qantas Rewards Premium Card
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$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 12 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