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AmEx Velocity Platinum Card - $375 Annual Fee - 50,000 Velocity Points + Domestic Return Flight

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AmEx Velocity Platinum Card - $375 Annual Fee - 50,000 Velocity Points + Domestic Return Flight
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lilkid28 on 01/08/2017 - 13:18 americanexpress.com (591 clicks)

AMEX Velocity Platinum Card 50,000 Velocity Points ($375 Annual Fee & $65k+ Annual Income). This introductory offer is available to new American Express Card Members only.

Main Features:

    Receive 50,000 bonus Velocity Points when you apply directly through the website, after spending $1500 on your new Card within the first 3 months.

    Earn up to 2.5 Velocity Points per $1 spent on eligible purchases

    Complimentary Virgin Australia return domestic flight after your first Card spend each year.

    Earn 1.5 Velocity Points per $1 spent, except government bodies in Australia where you will earn 0.5 Velocity Points per $1 spent

    Earn 1 additional Velocity Point per $1 spent with Virgin Australia

    Enjoy 2 complimentary Virgin Australia lounge invitations each anniversary year at selected airports

    0% p.a. on balance transfers for the first 12 months — A one-off credit plan establishment fee of 1% applies.

Apply through a referral link by 1st August 2017 still able to get 100,000 bonus points. 30,000 bonus points for referrer.

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

  • adamm12 on 01/08/2017 - 13:23

    Please bare in mind that the Velocity Lounge passes are now linked to the membership, they are no longer hard copies so you cannot on sell them :(

  • knobbs on 01/08/2017 - 13:25
    +1

    Posting on the 1st of August and having this in the comments does not make it very easy for people haha

    Apply through a referral link by 1st August 2017 still able to get 100,000 bonus points. 30,000 bonus points for referrer.

  • never waz on 01/08/2017 - 13:34
    +3

    Isn't this just their normal offer for Velocity? I don't think anything has changed since I applied a couple of months back, so not sure why its a bargain, especially if the referral bonus goes.

  • pingponged on 01/08/2017 - 13:39
    +3

    I signed up for the just finished 100K Amex Velocity points, but at 50K bonus I'd go the Amex Explorer deal over this (which is still valid till October)

    https://www.ozbargain.com.au/node/316865

    • yanman on 01/08/2017 - 20:40

      I missed out on getting mine - was meant to get wife signed up then refer me from that but ran out of time!

      50k is still good - i'll get on that + the 30k referral.

  • Mugsy on 01/08/2017 - 13:40
    +2

    Also bear in mind that you can't have been an Amex card holder in the previous 18 months.

    I got 9 more months to wait till I can apply again but considering I don't earn 100k points per annum through normal expenditure, I'm better getting the card for a year, cancelling, and reapply after 18 months.

    • robhung on 01/08/2017 - 14:12

      If your expenditure is low, wouldn't it be smarter to cancel the card straight after you get the 100k bonus so the 18 month timer starts sooner than later?

      • phxsun on 01/08/2017 - 14:57
        +1

        Or at least as soon as you use your free flights and lounge passes.

        • [Deactivated] on 01/08/2017 - 16:22
          +1

          ANZ Travel Rewards (which have dropped AMEX, hence I moved to this card, but with 100k offer that expired yesterday) made you book at least 60 days in advance, plus it's only based on award availability. I managed to get the flight I wanted, thankfully, but school holiday periods are tough, and ANZ's phone support is woeful, I can't wait to drop them.

        • The Hobo on 01/08/2017 - 17:07

          @Sir Casm:

          Do they pro-rata refund you? I'm in the same situation, and looking to dump ANZ now. Not sure if I should wait till the year is up, or just can it now.

        • [Deactivated] on 01/08/2017 - 18:11
          +1

          @deeps:

          Good question, but knowing what banks are usually like (c***s), I doubt it.

      • Mugsy on 01/08/2017 - 18:08

        Amex shopper discounts mate ;-)

        I've saved a bit from things like the shop small discounts, and $50-200 for things that I did need to get. I don't jump on every single deal but there's enough there to have saved at least $300… possibly over $400.

        • The Hobo on 02/08/2017 - 14:41

          Yeah true, but I've already got a replacement amex. Would rather my money back

  • chubbychicken on 01/08/2017 - 13:43
    +3

    I don't like how they have removed / are removing the 3 velocity points per $1 spent at restaurants… That is where majority of my points came from :(

    • m9 on 01/08/2017 - 13:49
      +3

      No wonder you're chubby.

    • starburstyellow on 01/08/2017 - 13:50

      Stop eating so much chicken.

    • endgame on 01/08/2017 - 21:46

      Yeah, the Explorer earns an effective 1.5p/$ into Velocity, but then there's also the transfer point promotions (like the current +15% one https://www.ozbargain.com.au/node/321819 ). Unless you really value the lounge passes or get more than $400 value out of the free flight it's hard to recommend this card any more. Also the Explorer's still at a 100k signup bonus, which is 75k Velocity points.

  • quaddie on 01/08/2017 - 13:50
    +3

    OP has set a reminder for the previous, much better deal to expire to try and get some referral points.

    https://www.ozbargain.com.au/node/307458

    Downvoted as previous deal had 2X the points.

    • robhung on 01/08/2017 - 14:14

      I don't see his personal referral in the post - it's a random generator, or am I missing something?

      • [Deactivated] on 01/08/2017 - 14:36

        Personal referral only shows up after x votes I believe.

        • Moderatorhamza23 on 01/08/2017 - 15:42

          Personal referral only shows up after x votes I believe

          That's correct, only once the minimum front page votes are received (which is currently 25 votes).

  • Ryxxi on 01/08/2017 - 14:41

    how do these referral links work ? If I have a platinum card, will the referral bonus work with other cards or does it only work with the card I have ?

  • Gavman on 01/08/2017 - 15:04
    +1

    (Removed). It was 100,000 yesterday lol. Dismissed.

    Mod: Removed childish wording.

  • rockyb433 on 01/08/2017 - 17:01

    Unlucky, i signed up for this 3 days ago and it was 100,000 bonus points

  • endgame on 01/08/2017 - 21:51
    +1

    Even though it's my current card and I like referral bonuses, I'm gonna have to negvote this one. The Explorer's still got a 100k bonus until October (which can transfer to 75k Velocity), earns an effective 1.5 points per $ into Velocity but also into other point currencies, and it looks like Amex runs promotions to get you to spend your reward points (e.g., a current +15% on transfers into Velocity). So the only reason to get this card over the Explorer is if:

    1. You value the free flight more than a $400 travel credit,
    2. You really really want two Virgin lounge passes, and
    3. You like missing out on 25k Velocity points.
  • lilmeh on 17/01/2019 - 22:25

    No one mentioned this so just so you know, these cards (despite their lengthy documentation on charging fees for cash advances) DO NOT have a cash advance facility for all enrolments post 2008

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