150,000 pts Velocity Rewards, worth about $1,200 as of 18 September 2026. After the $370 first-year fee it nets $830, 5th of 51 bonus cards tracked by BankMate. No end date is published for the offer.
90,000 pts in year one, the rest in year two · ≈ $1,200 in value · $830 after the $370 first-year fee
Get up to 150,000 bonus Velocity Points - 90,000 Velocity Points in year 1 if you spend $6k+ on eligible purchases within 90 days of new card approval and an extra 60,000 points with $6k+ spend on eligible purchases within 90 days of card anniversary in year 2.
Bonus over time
Sign-up bonus points- Altitude Velocity Black
Changes
No changes recorded for this product since tracking began on 10 September 2026.
Fees
- Annual fee
- $370
- Additional cardholder
- Free
- Foreign transaction fee
- 3%
- Late payment fee
- $20
Earning
- Rewards program
- Velocity Rewards
- Base earn rate
- 0.5 Velocity Rewards pts per $
- Everyday spend
- 0.8 pts per $
- Overseas spend
- 1.2 pts per $
Interest
- Purchase rate
- 20.99% p.a.
- Cash advance rate
- 21.99% p.a.
- Interest-free days
- Up to 45
Perks
- Airport lounges
- Domestic
- Complimentary travel insurance
- Yes
- Purchase protection
- Yes
- Concierge
- Yes
- Network
- Mastercard
Eligibility
- Minimum income
- $75,000 a year
- Minimum credit limit
- $6,000
- Maximum credit limit
- $75,000
About this product
Our premier Velocity credit card gets you our highest Velocity Points earn rate as well as complimentary airport lounge access, seat upgrades, insurances and concierge.