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The American Express Velocity Platinum Card is a premium frequent flyer credit card that earns up to 2.25 Velocity Points per $1 spent. You can also collect 50,000 bonus Velocity Points when you spend $3,000 within the first 3 months from card approval.
50,000
Bonus points
20.74% p.a.
Purchase rate
1.25
Reward points
Per $ spent
$375 p.a.
Annual fee
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Product Name | American Express Velocity Platinum Card |
---|---|
Rewards program | Velocity Frequent Flyer |
Purchase rate | 20.74% p.a. |
Annual fee | $375 |
Interest-free period | Up to 55 days on purchases |
Min credit limit | $3,000 |
Max credit limit | $50,000 |
Card type | American Express |
Foreign currency conversion fee | 3% |
Minimum income | $65,000 |
---|---|
Available to temporary residents | Yes - Conditions apply |
Joint application | No |
Rewards program | Velocity Frequent Flyer |
---|---|
Bonus points | 50,000 |
Rewards points per $ spent | 1.25 |
Rewards points cap | Uncapped |
Annual fee | $375 |
---|---|
Minimum monthly repayment | 2.5% of the closing balance or $30, whichever is greater |
Late payment fee | $30 |
Foreign currency conversion fee | 3% |
Additional cardholder fee | $0 |
Number of additional cardholders | 4 |
Review by
Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.