AmEx Business Explorer Card 100,000 Bonus Velocity Points, Min $3000 Spend/3 Month ($395 Annual Fee)

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Schumi5 on 19/03/2018 - 20:38 acq-au.americanexpress.com (624 clicks)
Last edited 19/03/2018 - 20:44 by 1 other user

American Express® Business Explorer™

Benefits

• Introductory 100,000 bonus Velocity Points from Velocity Frequent Flyer
• Up to 2 Membership Rewards points per dollar spent, that you can transfer to Velocity2
• Plus, 50,000 additional Membership Rewards Bonus Points every year3 from American Express
• 2 passes each year to the American Express Lounge at Sydney International Airport
• Up to 55 days interest free
• 0% p.a. for 6 months and 16.99% p.a. thereafter
• Annual Fee of $395

ELIGIBILITY REQUIREMENTS

• Be over 18 years of age.
• Earn a personal gross (pre-tax) annual income of $24,000 or more.
• Have a good credit history and no payment defaults.
• Be an Australian citizen or a permanent residents.
• Your business must be registered for GST.
• Have a valid Velocity Frequent Flyer Membership Number

T&C

1. Bonus & Eligibility: 100,000 bonus Velocity Points offer only available to new American Express Card Members who apply by 30 June 2018, are approved and spend $3,000 on eligible purchases on their new American Express Business Explorer™ Credit Card in the first 3 months from the Card approval date. Card Members who currently hold or who have previously held any other Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for the bonus Velocity Points offer. Previous and existing bank-issued American Express companion cardholders are eligible for this offer (cards issued by: Australia New Zealand Banking Group Limited, Commonwealth Bank of Australia, National Australia Bank, Westpac Banking Corporation). Eligible purchases do not include cash advances, interest, balance transfers, fees and charges for traveller's cheques and foreign currencies. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer. To be eligible for this Velocity offer you must apply via this page

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• 

  kacak on 19/03/2018 - 20:41

  T&C Pretty much rules out 99% of ozbargainers here :)

  • 

    Gandalf the Thrifty on 19/03/2018 - 20:53

    Nah just this line

    Your business must be registered for GST.

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  Homr on 19/03/2018 - 22:11

  mmm so its not velocity points and not amex points?

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    [Deactivated] on 19/03/2018 - 22:19

    you're right it's not.

    • 

      Homr on 19/03/2018 - 22:38

      It's now*

  • 

    Schumi5 on 20/03/2018 - 05:17

    The Initial 100,000 is Velocity Points, after that from the T&C looks like you earn points in the Membership Rewards Gateway which earn rate is is 2 points per $1.
    2 Gateway points, then can be transferred to other airline/hotel programmes

    As an American Express Business Explorer™ Credit Card Member, you are automatically enrolled in the Membership Rewards Gateway program and earn Membership Rewards points on all purchases

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  airly on 19/03/2018 - 22:32

  the annual 50,000 bonus points required spending of $100,000 a year

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  cytotoxic t on 20/03/2018 - 08:49

  Not too difficult if this is for a business credit card

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  evolutionevo on 20/03/2018 - 21:08

  Three months of $3000 spending is too hard? I thought a family average credit card spent could be easily over $1000/month. This card is a must have to me now.