American Express Velocity Platinum Credit Card – 100k Bonus Points
One of our favourite Australian credit cards is the American Express Velocity Platinum credit card.
American Express has just released their latest promotion on this card and the initial sign on bonus is 100,000 Velocity points!
What we do like about this card
- 100,000 Virgin Velocity reward points – Enough for a business class trip to Asia or North America.
- Complimentary return domestic flight each year from select destinations
- 2 Lounge access passes to the American Express Sydney International Airport lounge
- 2.5pts/$1 spent with Virgin Australia
- 1.5pts/$1 on all other transactions except government bodies
What we don’t like about this card
- Annual fee is $375 – However this can easily be offset by your complimentary domestic flight included
- Lounge access passes only usable at Sydney International Airport – We expect Melbourne airport to be next in line
Best uses of 100,000 Velocity Points
- One-way in Virgin Australia ‘The Business’ Australia > North America – 95,000pts + $102.05 in taxes/surcharges – Availability is generally good close to departure but harder to book further out.
- One-way on Singapore Airlines Business Class to Singapore using Velocity Points, 65,000points + $80.59 in tax
We feel that nearly everyone can get great value out of this card and this is one of the best deal’s we will see this year.
Make sure you apply now so you don’t miss out!