100,000 Bonus Points on American Express Velocity Platinum Card
American Express Velocity Platinum whopping 100,000 Bonus Point Signup Bonus.
The key Features of this card are as follows:
- 100,000 Bonus Point Signup Bonus when your card application is approved and after spending $1,500 on your card in the first 3 months of Card Membership.
- Complimentary Virgin Australia return domestic flight after your first Card spend each year
- 2 complimentary Virgin Australia lounge invitations each anniversary year
- 2 complimentary American Express Sydney Lounge visits each anniversary year
- Earns 2.5 Velocity Points per dollar spent with Virgin Australia, 1.5 Velocity Points per dollar spent elsewhere except government spend
- Complimentary domestic and international travel insurance
- Annual Fee of $375 p.a.
Apply Here before 1st August 2017
The income and other requirements are as follows:
- Be aged over 18
- Be an Australian citizen or permanent resident or hold a current Business Long Stay Visa (subclass 457)
- Have a personal gross (pre-tax) annual income of $65,000 or more
- No history of bad debt or payment default
- If self employed, I have been trading for at least 18 months or 12 months if I hold an existing American Express issued Card
Why we love the American Express Velocity Platinum Card
All cards that pay for themselves get the seal of approval from us.
Cards that give a net benefit are even better and this is where we believe this card excels.
Our aim for this card is to get more value than the Annual Fee of $375 p.a. and we’ll detail below how we can exceed this value, particularly in the first year.
Included Signup Bonus (after qualifying spend)
By our conservative valuation of 1 cent per point this offer is worth between $1000 just for the Signup Bonus alone. Factor in our stated aim for a 2 cent per point redemption value and that boosts the value to $2000 worth of points (redemption value) or even above that level if we do some seriously high value redemptions versus paying the comporable cash fare.
American Express Velocity Platinum Card Complimentary Annual Flights
Here’s the interactive map of flights that are eligible for the Free Flight
We’ve selected flights from Sydney in this instance.
Amex Velocity Platinum Free Flights from Sydney
And here are the free flights available from Perth
The value of some return Economy flights for some random dates we checked in August 2017 were as follows:
From Perth to Sydney were around $549
From Sydney to Hamilton Island – $404
Clearly using the free flight towards a fare of equal or greater value than the annual fee optimises the value from the flight benefit.
Earn Rate on the Card
The Earn rate on the card is a particularly decent 1.5 points per dollar at most places with the bonus one point per dollar on top of this for Virgin Australia spend a nice cherry on top especially for people who push a lot of spend through Virgin Australia.
There used to be a bonus on restaurant spend for this card but this has been removed in the current iteration for new applicants whilst existing cardholders are still earning at the old rates. Something to consider if you’re an existing cardholder considering switching away from the card as currently that bonus category is no longer recognised.
Lounge Access – Virgin Australia Lounges
The card provides for two visits to selected Virgin Australia lounges. This is usually something that comes with either a Business Class flight or holders of status with the Velocity program.
So it’s a great way to sample the lounges for that special occasion to to see what you’ve been missing out on all this time.
Lounge Access – American Express Lounge
Relax with drinks from the bar, snacks from the buffet or just avoid the crowds and check your emails in the American Express Airport Lounge. This travel benefit from American Express grants Card Members 2 complimentary airport lounge visits each year at Sydney International Airport.
This benefit is great for those travelling in Economy or who don’t have access to any alternative lounges in Sydney or just want a change from the alternative business lounges on a Business Class ticket.
Sydney, Perth and Brisbane Entertainment Venues Lounge Access
The card also allows access to lounges at Qudos Bank Arena Sydney, Perth Arena or the Brisbane Entertainment Centre on the day of events, before the show. The lounges are specially designed for Card Members and their guests to enjoy a quick bite to eat or a relaxing beverage.
To Find Out more or Apply use the button below.
Apply Here before 1st August 2017 to take advantage of this offer.
CreditFlyer is not acting as a credit representative and does not warrant that the product is fit for your purpose, and if you follow any links make sure you read the terms and conditions on the Credit Provider’s Website. We are just highlighting cards that give awesome frequent flyer point bonuses and you need to ensure you do your own research.