AmEx Velocity Business Card: 170,000 Velocity Points & 12 Months of Velocity Gold with $5000 Spend in 2 Months, $249 Annual Fee

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Earn 170,000 bonus Velocity Points
when you apply by 30 April 2025, are approved, and spend $5,000 on eligible purchases on your new American ExpressVelocity Business Card within 2 months of your approval date.

Plus have your business join the Virgin Australia Business Flyer program to jump direct to Tier 2 and receive a complimentary 12-month Velocity Frequent Flyer Gold Membership if you meet the eligibility and minimum spend criteria19. T&C’s apply. Both offers are available for new American Express Card Members only.

Referral Links

Business Explorer Card: random (2)

Referrer: 40,000 Reward Points

Centurion Personal Charge Card: random (10)

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

Related Stores

American Express
American Express
Velocity Frequent Flyer
Velocity Frequent Flyer
Marketplace

Comments

  • +2

    Novice question, but can I just sign up to an ABN and apply? Or are you assessed on the income you get through the business? I may have overlooked this in the T&Cs, but it wasn't immediately clear.

    • +4

      To apply for an American Express Velocity Business Card you need to:
      Be aged 18 years or over
      Be an Australian citizen or permanent resident
      Be a Director or Controller of the business
      Have a good credit history and no payment defaults
      Have an annual business revenue of $75,000 or more
      Have a valid ABN registered for GST

  • +1

    I feel so ripped off getting only 100k and pretty much no perks and a shit $ to point ratio…

    I called up to cancel this however and got 20k free velocity point not to cancel on the spot.

    • Same card? I got this card with the 120,000 Velocity points offer. Thinking about calling them and trying my luck

      • Yep, same card.

        I just have got the 120k offer too, no other benefits right? Except two lounge passes

        I got offered it direct from them after getting a personal one. Personal one had better perks

        • Yeah, no other benefits that I'm aware of. Just to confirm, did you already try calling them re this offer? I assume that's when they offered you the 20k points.

          • @CyberHippy: Called before I saw this offer, but it was last week

            • @stewface: I just called them. I was basically told I have to reapply, but I’m 99% sure the new card won’t be approved because I already have an existing account. Bit of a shame

    • -1

      Is that legal? I thought cc companies couldn't offer you incentives to stay if you request to cancel.

      • He probably didn’t use the word cancel

      • If this is the law, it's just another example of the government screwing us while claiming to protect us.

  • Not related - but do they ever have points offer when adding additional card holder?

    • Yes, I got it last year in March (after applying for this card in Feb).

    • Yes, for the personal cards like 20k maybe

      • Does it comes up as on offer or did you ask?

  • Its a charge card. Just an fyi

  • Is the Virgin Gold membership a one-time 12-month membership, or does it renew automatically each year? The terms and conditions didn't provide any useful information.

    • https://www.velocityfrequentflyer.com/flying-status/flying-w…

      Upgrade to Gold membership

      We assess memberships on a daily basis to ensure you are upgraded as soon as possible. As soon as your balance reaches 500 Status Credits and you have flown 4 Eligible Sectors1 within the last 365 days, you will be automatically upgraded to Gold membership.

      Maintain your Gold membership

      To maintain your Gold membership you will need to earn 400 Status Credits and fly 4 Eligible Sectors1 within your 12 month benefit period.

  • Would having a personal amex impact eligibility to this promo ?

    • Doubt it,

    • Yes.
      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 this offer

  • damn thats a pretty good card but dont have a business D;

  • Can i apply for this bonus if i have a personal amex? thanks in advance!

    • You can apply but you won't get bonus points.

  • Could I use business card for personal use?
    Is it count on personal credit check or company credit check? Would it show on personal credit profile?

    • Following + would the ATO care?

  • I think the 120k deal is better since you get 1 complimentary return flight which includes PER to Syd/Mel return worth $600+ and unlimited lounge passes when flying virgin not just 2

  • Just wondering though, can I still apply for this card if I receive the bonus points and then cancel it before annual fees apply and apply for this business card just for the gold membership?

  • Can it be personal expenses?

  • Heard amex clamping down on churners but, seeing that this isn’t a personal card, any churners have luck with this card?

    • +2

      yes, I applied last year after creating an ABN, got approved for this card, even though I kept getting rejected for the personal amex cards.

      • Did Amex ask for your business tax returns? Or they approved because you had an ABN?

        • +1

          They didn't ask any documents from the business.
          Just asked me on the phone does your business make $75000 a year. I just said yes haha
          So if you keep getting rejected for personal card, just quickly setup an ABN and try apply for the business card.

          • @gembel: Is there any downside creating an ABN for this and never doing anything with it all ?
            Eg. And tax hassles ?

      • great! thanks for sharing

  • Any tax hassles ?

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