American Express are offering 100,000 bonus Velocity Points for customers who apply online for a new Velocity Platinum Card by 31 July 2017, are approved and spend $1,500 on their new card within the first 3 months.
Regular spend with the card will generate 1.5 Velocity Points per $1 spent, except government bodies in Australia which will only yield 0.5 Velocity Points per $1 spent. A bonus point 1 Velocity Point per $1 spent with Virgin Australia is a nice perk for regular Virgin travellers.
I consider the card to offer fairly good value for its $375 annual fee, with the following additional features included:
- A complimentary Virgin Australia return domestic flight each anniversary year after your first Card spend in that anniversary year
- Two complimentary single entry passes to the domestic Virgin Australia lounge each anniversary year
- Two complimentary single entry passes to the American Express Lounge each anniversary year at Sydney International (Kingsford Smith) Airport
- Complimentary Domestic and International Travel Insurance
As always, the offer is only available to new card members, which includes customers that only have an existing bank-issued American Express card.
View on the offer on the American Express website.