American Express · Velocity Rewards · Credit card
LiveAmerican Express Velocity Platinum Card
100,000 pts Velocity Rewards, worth about $800 as of 18 September 2026. After the $440 first-year fee it nets $360, 33rd of 51 bonus cards tracked by BankMate. The offer ends 13 October 2026.
70,000 pts in year one, the rest in year two · ≈ $800 in value · $360 after the $440 first-year fee
Apply online by 13 October 2026, get approved, and spend $5,000 on eligible purchases within the first 3 months of approval for 70,000 points. Plus, earn an additional 30,000 points when you spend a further $5,000 within the first 3 months of your second year of Card Membership. New Amex Card Members only. T&Cs apply. Ends 13 October 2026 (25 days).
Bonus over time
Sign-up bonus points- American Express Velocity Platinum Card
Changes
1 change since 10 Sept 2026- American Express Velocity Platinum Card · rewards program now Velocity Rewards2 fields
- Rewards program Velocity Frequent Flyer → Velocity Rewards
- Base earn rate 1.25 → 0.5
Fees
- Annual fee
- $440
- Additional cardholder
- Free
- Foreign transaction fee
- 3.5%
- Late payment fee
- $30
Earning
- Rewards program
- Velocity Rewards
- Base earn rate
- 0.5 Velocity Rewards pts per $
- Travel spend
- 2.25 pts per $
- Everyday spend
- 1.25 pts per $
Interest
- Purchase rate
- 23.99% p.a.
- Interest-free days
- Up to 55
Perks
- Airport lounges
- Domestic
- Complimentary travel insurance
- Yes
- Purchase protection
- Yes
- Concierge
- No
- Network
- Amex
Eligibility
- Minimum credit limit
- $3,000
About this product
The American Express Velocity Platinum Card has a suite of airline benefits including a complimentary domestic return flight on VA each year, travel insurance and earn Velocity Points with every dollar spent.