AmEx Velocity Platinum Card: 30K Velocity Points for Referrer & 120K Velocity Points for Referee with $3K Spend in 3 Months

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Ozfanmel on 13/05/2024 - 13:22 americanexpress.com (773 clicks)
Last edited 14/05/2024 - 11:51 by 1 other user

Recently i applied the Amex card via this deal- https://www.ozbargain.com.au/node/830485.

I have noticed that there is referral rewards for this card and hope everyone has this offer.

Share with friends: Gets 30K Velocity Points and your friend will receive 100k points but when i share the link with my friend, its showing as 120K Velocity Points.

Have requested Mod to add into referral rewards section There is referral link for this card, Hope this post still valid as additional points for referee.

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  s41614419 on 13/05/2024 - 14:20

  NEED TO BE NEW TO AMEX?

• 

  ThePasserby on 13/05/2024 - 14:33

  -1

  With the high rate, I don't think anyone would be using this as a source of credit and considering the high annual fees, is this really worth it?

  • 

    shift6 on 13/05/2024 - 15:27

    +1

    The high interest rate should not be relevant to the target audience for this card. There's a general expectation that one is paying off their credit card in full every month. (Am trying to stay away from providing personal finance advice).

    I would argue that the high annual fee is offset by the card benefits and sign up bonus, at least for the first year for most people. So yes, it can be very much worth it.

  • 

    xyron on 13/05/2024 - 16:29

    +3

    Nobody should be using a credit card as a source of credit.

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  a1234my on 13/05/2024 - 14:47

  +1

  My only show me:30k ref:100k

  • 

    jeppetto367 on 13/05/2024 - 17:10

    Try reopening the link in Incognito, may need to try multiple times.

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  qvinto on 13/05/2024 - 15:07

  +1

  Would this work if the referrer and referee are husband and wife? :-)

  • 

    jeppetto367 on 13/05/2024 - 17:10

    +1

    Yes.

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  Drakesy on 13/05/2024 - 23:41

  AMEX hates churners
  Haven't been able to get one for 4 years :(
  Meanwhile burnt through close to 24 cards during the period.