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AmEx Velocity Platinum Card - $375 Annual Fee - 75,000 Velocity Points + Domestic Return Flight

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AMEX Velocity Platinum Card 75,000 Velocity Points ($375 Annual Fee & $65k+ Annual Income). This introductory offer is available to new American Express Card Members only.

Main Features:

Receive 75,000 bonus Velocity Points when you apply directly through the website or via referral link, after spending $3000 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. Please Note that, from 30th of March 2017, Amex Platinum Edge and Reserve will no longer offer complimentary flights, but instead will come with travel credits, so if you prefer the flight, this is the card for you. As this card still offer value for money return flights such as Perth to Sydney. Destination Guide(americanexpress.com)

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

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

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

Receive 100 Velocity Frequent Flyer Status Credits, when you spend a minimum of $50,000 within your card membership year

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

Use a referral link and the referrer gets 30,000 bonus points.

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.

Related Stores

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closed Comments

  • +6

    One too many 0's boss… Almost fell off my chair, 750k points would be next level

    *and edited….

    • Lol

    • Haha, I agree. Saw it as 750k and wanted to apply ASAP.

  • +1

    Any word of referrals working for this offer so I get 30k points and the new member gets 75k?

    Edit: looks good. Shows up under referrals on my account 30k for me and 75k for new member.

    • The new member dont get more point with referrals?

      • Seems to be just the 75k this time rather than 10k more as per normal.

  • +7

    The deal from ANZ is better I think.

    • +8

      Totally. ANZ Rewards Travel Adventures link: https://www.ozbargain.com.au/node/403728

      Ways ANZ one is better:
      * More bonus points: 80 K points versus 75 K
      * Lower spend to trigger the bonus points: $1500 versus $3000.
      * lower annual fee at $225 versus $375
      * Lower income requirement: $35K versus $65K
      * No international fees versus (I'm assuming) 3% charge for international fees on this.

      Same:
      * flights
      * lounge passes

      What's better about this one:
      * 1.5 Velocity points/$ spent versus 0.75/$ spent for the ANZ one (but apparently the ANZ you can bump up to 1.125 points/$ spent if you wait for a promo).
      * Lower min credit limit for this one: $3000 versus $6000.

      On balance you'd probably only apply for this one if you'd already had the ANZ one, and were waiting out your 12 months exclusion period, and were primarily chasing Velocity points, and had a good use for the domestic flights.

      • +5

        Agree with everything, except the flight part.

        It's both better and worse.

        This is better:

        • Can be booked in anyone's name - ANZ can only be booked in the name of the primary cardholder
        • Can be booked for tomorrow, if available - ANZ requires the ticket to be booked 60 days in advance. Don't know what happens if you intend to change within the 60 days though

        This is worse:

        • Can't originate in East Coast for flights to Perth - ANZ includes BNE/MEL/SYD to Perth and back. This one only does PER-SYD/ADL and back.

        Also another point that probably offsets (i.e. both better and worse too).

        This is an AMEX. Better because you qualify for all the awesome AMEX promos + you can get supp cards which also qualify. Worse because acceptance of AMEX cards is lower. On second thoughts, being an AMEX with the ability to issue supps is probably more of a positive than a negative for all the AMEX promos.

        • As an owner of this very particular AMEX card with the same benefits as there was a promo last year this time around.

          ''Can be booked for tomorrow, if available - ANZ requires the ticket to be booked 60 days in advance. Don't know what happens if you intend to change within the 60 days though''

          Is true, however, it is rather tricky to book those flights sometimes as most flights tend to be ''fully'' booked when you want to claim that free domestic flight.
          I've used it twice now and both times I had to travel on a completely different date i.e. 2 days before or 5 days after, just to utilise the free flight deal.

          • @Jeaso: Agreed, my time to renew was up last month and I decided to cancel because it's impossible to actually use the shitting free flight.

            FYI to anyone that is currently on this plan though, if you call and try to cancel they'll offer you an additional 75000 velocity points if you stay.

        • are you saying you can't book the free flight as Syd-Perth-Syd on the Amex one? Have never heard of this before nor had any issues when booing flights - do you have more information?

      • You sure about the international fee on this one? Never noticed it on my statements.

        • +1

          Go online and click on your international transaction/purchase. You will see the breakdown. 3%

    • +1

      "Receive 100 Velocity Frequent Flyer Status Credits, when you spend a minimum of $50,000 within your card membership year." Can be useful if you are chasing status and have a high spend.

  • return flights such as Perth to Sydney.

    Geez that's not bad. I remember the old Virgin CC you were limited to the East side.

    • It's not. It's still only select cities, and mostly East coast cities only.

      "… between selected cities each year …"

      Also Availability is very bad. 2 years ago I could call up and get a free seat on any flight, now it's an automated system with VA, and some days will have 20 flights, and the next day only 1 flight. I think they're allocated a small handful of award seats per flight, hence rubbish availability.

    • Also I believe it’s Perth to Sydney return but you can’t go Sydney to Perth return.

  • +1

    I was sad when Platinum Edge lost it's return flight offer

    Would this be a good alternative or is there a better value card offering return flights

  • +1

    Complimentary return domestic flight "between selected cities". What are the selected cities?

  • Ah HAAA!!!!! Doesnt go to Perth

  • Yes it does…. hmmmm what to do?? The ANZ rewards Travel and the Amex Plat edge? :)

    • Best combo I think

  • I'm waiting for the 100k sign up

    • -2

      Just signed up with Virgin Money, 120,000 velocity points.

      60,000 on sign-up, then spend $1500 each month, within the first 3 months (20,000 per month), and you get another 60,000 Velocity points, which is very easy to do.

      Only a $64 fee in the first year with a $129 credit towards any flights!

      https://virginmoney.com.au/credit-card/compare-our-credit-ca…

      • Which card is this?

      • +2

        You've misread the offer. It's 20k per month for 3 months, which is up to 60k points. There is no bonus 60k points at the end.

        • Awkward

          • @OzBrogains: Still happy with that given it's only $64 upfront for $129 in travel credit AND 60,000 points.

            Very happy with this.

            Cancel once the $129 is used and 60,000 points deposited, move to the next offer, too easy :)

        • However, 60k points for $69 annual fee isn't too bad!

          The spend isn't high to hit it. Plus you get the Virgin credit. I might actually sign up haha

          • @[Deactivated]: $64, not $69 ;) (first year)

      • This might have to be my next card if no first year free cards come along again.

    • hi DaTa

      which 100k sign up bonus you are talking about? velocity platinum? or ANZ reward travel adv?

      • +1

        Pretty sure he is referring to this card. ANZ Adventure current offer of 80k is already best ever offer so far.

  • Here's a map of the location you can flight to with this Amex card: https://www.americanexpress.com/australia/campaigns/velocity…

    • Does anyone have a non-Flash link? :(

  • +3

    When you are a couple of months before your annual fee renewed, call up to cancel. Got 25k points just for not cancelling that day. You can call back 3 days later and still cancel no dramas. Did this on both our cards on the same call!

  • Can I sign up if I have an AMEX EXPLORER? ☺️

    • T&C says no but YMMV.

      • Yeah, not worth the risk lol

        • +1

          Well to be precise you can sign up - it doesn't matter what cards you have.

          The question is (which I assume is what you meant to ask) - will you get the bonus points? The T&Cs say no and from recent anecdotal stories, you won't get the points.

  • Sigh, I'm about to cycle out of AMEX and BoM cards and need another card that is no fee. Seems really hard to find no annual fee cards doing bonus points.

  • -1

    Hi all, Amex has launched a partner offer of 90,000 bonus points with this card. See: https://www.ozbargain.com.au/node/410618

    • +1

      Better of sharing the total points haul of 75,000 points + 30,000 points referral bonus with a family/friend or even an OzBargainer.

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