This was posted 7 years 8 months 21 days ago, and might be an out-dated deal.

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American Express Velocity Escape - 7,500 Velocity Points When You Spend $1,500 Was $750 ($0 Annual Fee)

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American Express Velocity Escape - 7,500 Velocity Points When You Spend $1,500 Was $750 ($0 Annual Fee)
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tess1988 on 31/03/2017 - 13:49 americanexpress.com (411 clicks)

Receive 7,500 bonus Velocity Points when you apply via the generic AMEX link, or 15,000 bonus Velocity points when you apply with a referral but it looks like the minimum spend is going up to $1,500 instead of $750 within the first 3 months

i guess we will see more of this in the next round of amex signup offers.

Features
With the American Express Velocity Escape Card, you'll enjoy no cap on the amount of Velocity Points you can earn, no spend cap on your earn rate, plus we’ll transfer your points straight to your Velocity Account each month

Receive 7,500 Bonus Velocity Points when you apply online, are approved and spend $1,500 on your new Card within the first 3 months. This offer is available to new Card Members, as well as Bank-issued American Express companion cardholders(use referral link and get 15,000 points)

Earn 2 Velocity Points per dollar spent with Virgin Australia
Earn 1 Velocity Point per dollar spent on all other purchases
Velocity Points earned on your Card are transferred directly to your Velocity Account each month
No cap on earn rate. You’ll receive up to 2 Velocity Points per $1 spent, no matter how much you spend each month
Supplementary Credit Cards- earn Velocity points faster with Supplementary Cards at no extra cost

Refund Protection - we'll credit your account if you're refused a refund on an unused eligible item within 90 days of purchase
Purchase Protection repairs or refunds eligible items if they are accidentally broken or stolen within 90 days of purchase
Online Fraud Protection Guarantee - you won't be held responsible for any unauthorised charges made without your knowledge while shopping online
Emergency Card replacement- with our global network of offices, we can usually get a replacement Card to you within one working day virtually anywhere in the world
Global Card Support means you can enjoy account assistance any time of the day or night
This American Express Card is eligible for use with Apply Pay, Samsung Pay and Android Pay

use points for
• Sydney to Melbourne one way in Economy – 7800 points plus $21.11 taxes (Qantas: 8,000 points plus $34.18 taxes)
• Melbourne to Brisbane one way in Economy – 11800 points plus $21.47 taxes (Qantas: 12,000 points plus $33.86 taxes)
• Perth to Broome one way in Economy - 11800 points plus $23.88 taxes (Qantas: 12,000 points plus $51 taxes)

great card for amex statement offers https://www.ozbargain.com.au/deals/network.americanexpress.c…

personal or household gross (pre-tax) annual income of $40,000 or more to apply

im not sure but the referral link and even on velocity frequent flyer is showing $750 spend but amex website says $1,500 so I'm not sure who's right

Referral Links

Business Explorer Card: random (1)

Referrer: 40,000 Reward Points

Centurion Personal Charge Card: random (7)

Referee gets 200,000 MR points. Referrer gets 150,000 MR points.

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closed Comments

  • [Deactivated] on 31/03/2017 - 14:04
    +7

    7,500 Velocity Points When You Spend $1,500

    HOW IS THAT A DEAL?
    WTF

    • tess1988 on 31/03/2017 - 14:18
      +1

      what I'm saying is the minimum spend used to be $300 like 3 years ago then it was $750, i bet we will see Platinum edge go up as well, now its $1,500

      • [Deactivated] on 31/03/2017 - 14:32
        +1

        I got 60k Velocity points, free flight & 2 x lounge passes from the ANZ Travel Adventures card, and it only had a $300 spend threshold ($229 annual fee).

        In terms of signup bonus this isn't the greatest offer ever, but it's a 1:1 ratio rewards card with no annual fee, which is pretty decent.

        • raj koothrappali on 31/03/2017 - 15:25

          I have the same card. However, recently I recieved an email stating they are cancelling the ANZ Amex card. Only Visa would be available.
          Did you get that mail as well?

        • tess1988 on 31/03/2017 - 16:00
          +1

          @dreamz: yes everyone did, anz is dropping american express i think most banks will

        • DaTa on 31/03/2017 - 16:09

          Man I wish I got on that before it was pulled was spacing out my card applications

        • [Deactivated] on 01/04/2017 - 13:50

          @DaTa:
          @dreamz:
          @tess1988:

          Amex is usually the only 1:2 ratio earner, and given most banks charge 2:1 for miles redemption it makes sense to keep an Amex card in your wallet, especially one that has no annual fee!

          Funnily enough I am seeing more places than ever that accept Amex - supermarkets, fuel stations, Dan Murphy's, my local pub among others. Online shopping generally uses Visa or Mastercard as the processor but if Paypal is an option I always elect to use Amex to fund it, which is usually available.

  • donkcat on 31/03/2017 - 14:11
    +2

    Yeah this seems quite a poor deal compared to what else is on the market.
    You could get the Platinum edge instead via a referral, get 15k MR points which would transfer to 15k velocity, no annual fee the first year and you receive $200 travel credit.

  • Stahh on 31/03/2017 - 15:12

    If you have held a amex card that has no bonus points just the basic will you still qualify for this ?

    • tess1988 on 31/03/2017 - 16:01
      +1

      as fas as i know your not supposed to but because it will be under a different reward program it will work but i haven't tried so

  • tdonovic on 31/03/2017 - 16:45

    This seems really bad. Surely there are cards with 40k going around rn?

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