American Express

Terms and Conditions:

American Express Consumer Credit Cards are offered, issued and administered under Australian Credit Licence No 291313. American Express Australia Limited 12 Shelley Street, Sydney NSW 2000 (ABN 92 108 952 085). ®Registered Trademark of American Express Company. ©2025 American Express Company. All rights reserved.

American Express income and credit approval criteria applies. Subject to Terms and Conditions. Interest rates, fees and charges apply. All information, including fees, charges and interest rates are correct as at 9 March 2026 and are subject to change. Applicants must be 18 years of age or over to apply for the American Express Velocity Escape Plus Card. They must be an Australian Citizen or permanent resident or hold a long term visa. Long term means 12 months or more and does not include a student visa.

You should consider if the card is suitable for you before applying. To earn and redeem Velocity Points, you must be a Velocity member. Velocity membership and Points earn and redemption is subject to the Velocity membership Terms and Conditions as amended from time to time.

1. Bonus & Eligibility: To earn up to 100,000 bonus Velocity Points you must apply online by 30 April 2026, be approved, and meet the following criteria - You’ll receive 70,000 bonus Velocity Points when you spend $5,000 or more on eligible purchases on your new Card in the first 3 months from the Card approval date. Eligible purchases do not include Card fees and charges, for example annual fees, interest, late payment, cash advances, balance transfers, traveller’s cheques and foreign currency conversion. To receive an additional 30,000 bonus Velocity Points, you need to remain on the American Express Velocity Platinum Card after the first year and spend a minimum of $1 on the Card within 90 days of paying the second year annual Card fee. Please allow 8-10 weeks after the spend criteria has been met and the second year annual Card fee has been paid for the bonus points to be credited to your Account. The additional 30,000 bonus Velocity Points will still be awarded after fee renewal even if you did not meet the $5,000 minimum spend criteria to receive the 70,000 bonus Velocity Points in the first year of membership. This offer is only available to new American Express Card Members.  Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the past 18 months are ineligible for this offer.  Velocity Points are earned in accordance with the American Express Velocity Cards Points Terms and Conditions available here and are subject to the Terms and Conditions of the Velocity Frequent Flyer program available here. $440 Annual Card Fee applies. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.

2. Complimentary Flight: The complimentary domestic economy Virgin Australia return flight is only available between selected Australian cities and is available for booking by American Express Velocity Platinum Primary Card Members each year after the anniversary of your Card Membership. All flights are subject to availability and neither Virgin Australia nor American Express guarantees that seats or tickets will be available on the dates or at the times you may wish to fly. Seat availability may be limited to certain dates and/or flights and it may be more difficult to book seats around public holidays, school holidays or special events. Some flights may not have any seats available for redemption. Route availability is subject to change without notice. All travel is subject to the American Express Velocity Platinum Card Benefits Terms and Conditions available here and travel is subject to Virgin Australia Conditions of Carriage available at Conditionsofcarriage/VirginAustralia.com.

3. Virgin Australia Lounge: The American Express Velocity Platinum Card Virgin Australia Lounge Access is subject to the American Express Velocity Platinum Card Benefits Terms and Conditions. The Virgin Australia Lounge Access provides the Primary Card Member with access to Virgin Australia lounges at Australian domestic airports whenever they are flying on a Virgin Australia operated domestic flight on the same day. To qualify for Virgin Australia Lounge Access, your Card Account with American Express must be in good standing. American Express Velocity Platinum Primary Card Members will receive 12 months of lounge access on your Velocity membership. Enrol via your online American Express Account. This is your benefit anniversary date. After enrolling, activate the VA Lounge Access by making an Eligible Transaction on your American Express Velocity Platinum Card. Eligible Transaction does not include annual Card fees, cash advances, interest, balance transfers, fees and charges for traveller’s cheques and foreign currencies. After 12 months, at each subsequent benefit anniversary, make an Eligible Transaction on your Velocity Platinum Card to reactivate the VA Lounge Access. Please allow up to 7 days for the benefit to be processed on to the Primary Card Member’s Velocity membership. The Primary Card Member must provide their Velocity Frequent Flyer membership details to Virgin Australia lounge staff and present same day boarding pass on a Virgin Australia flight. Additional Card Members are not eligible. Virgin Australia lounge access is subject to space availability. Virgin Australia lounge is owned and operated by Virgin Australia Airlines Pty. Ltd. in selected domestic airports in accordance with Virgin Australia lounge Terms and Conditions, available at virginaustralia.com/lounge and as amended from time to time.

4. Status Credits: Velocity Frequent Flyer Status Credits are subject to the American Express Velocity Platinum Card Benefits Terms and Conditions. 50 Velocity Frequent Flyer Status Credits will be awarded when you spend $25,000 on Eligible Spend within your Membership year, and a further 50 Status Credits when you spend another $25,000 on Eligible Spend within the same Membership year. Membership year is defined as commencing upon Card activation and renews on the day of your Card activation each subsequent year. Eligible Spend does not include Card fees and charges, for example annual fees, interest, late or dishonoured payments, cash advances, balance transfers, traveller’s cheques and foreign currency conversion. Please allow up to 2 weeks after you meet the minimum spend requirement for the Status Credits to be credited to your Velocity account. In addition to Status Credits, Velocity members need to fly on Virgin Australia marketed flights to earn Eligible Sectors to upgrade or maintain a level of membership. To find out more about the Status Credit and Eligible Sector requirements for Velocity membership levels please visit velocityfrequentflyer.com/the-basics/status

5. Earn Rate: To earn and redeem Velocity Points, you must be a Velocity member. Velocity membership and Points earn and redemption is subject to the Velocity Membership Terms and Conditions as amended from time to time. As long as your Account remains current and in good standing. Velocity Points are earned in accordance with the American Express Velocity Cards Points Terms and Conditions available here and are subject to the Terms and Conditions of the Velocity Frequent Flyer program available here. Exclusions apply. Eligible purchases do not include annual Card fees, cash advances, interest, balance transfers, fees and charges for traveller’s cheques and foreign currencies. These do not earn Velocity Points. For the full list of exclusions, please refer to the American Express Velocity Cards Points Terms and Conditions available here. Certain transactions will earn 0.5 Points per dollar with Merchants classified as 'government', including the Australian Taxation Office, the Australian Postal Corporation (Australia Post), federal/state and local government bodies. Industry specific earn rate may apply when you use a payment account, payment aggregator, services of a third party or online retailers that sell goods for another merchant. For example, a payment made to Local Government bodies processed through payment aggregator may earn rates at the government earn rate. Velocity Points earned on Virgin Australia spend are only valid for purchases made in Australia. American Express Consumer Credit Cards are offered, issued and administered under Australian Credit Licence No 291313. American Express Australia Limited 12 Shelley Street, Sydney NSW 2000 (ABN 92 108 952 085). ®Registered Trademark of American Express Company. ©2024 American Express Company. All rights reserved. 

19. Transfer Membership Rewards points to Velocity: A minimum of 2,000 Membership Rewards points must be redeemed for Velocity Points at any one time during the Promotion Period and must be in increments of 2 Membership Rewards points (3 Membership Rewards points for Business Ascent). For full details on points transfers, including eligibility criteria, minimum points transfer requirements, applicable conversion rate see the American Express Membership Rewards Program Terms and Conditions. The earning and redemption of Membership Rewards points is subject to the Terms and Conditions of the American Express Membership Rewards Program. The redemption of Membership Rewards points will be administered solely by American Express and will take up to 1  business day to transfer into your Velocity Account and is subject to the Terms and Conditions of the American Express Membership Rewards Program in which you are enrolled. Once the Membership Rewards points have been redeemed for Velocity Points, they are governed by the Velocity Membership Terms and Conditions and cannot be reversed. Bonus Velocity Points will be administered by Velocity Frequent Flyer which will also take up to 3 business days to transfer into your Velocity Membership account. Bonus Velocity Points are calculated on the total number of Velocity Points transferred to the Velocity Account in accordance with the offer. 

Velocity membership Terms and Conditions apply.