American Express Velocity Business Card

Earn 120,000 bonus Velocity Points when you are approved and spend $3,000 on eligible purchases on your new American Express Velocity Business Card within 2 months of your approval date. T&Cs apply. Both offers are available for new American Express Card Members only.

Amex Velocity Business: Key Features

The American Express Velocity Business Card in Detail

The American Express Velocity Business Card offers 120,000 bonus Velocity Points to new American Express Card Members who apply online and spend $3,000 or more on eligible purchases within the first 2 months of the approval date.

This card is ideal for small businesses that frequently travel with Virgin Australia or any of its partner airlines. It offers 1 Velocity Point per $1 spent on most purchases, automatic transfer of Points earned each month to Velocity Frequent Flyer, plus Travel Insurance and Travel Inconvenience Cover. The card also simplifies monitoring of business expenditures with integration into various accounting packages.

Earning Points

The American Express Velocity Business Card allows you to earn:

• 1 Velocity Point per $1 spent on eligible everyday business purchases
• 2 Velocity Points per $1 spent on eligible Virgin Australia flights booked through the Virgin Australia website, call centre, or travel agents

There are some exceptions where you will not earn points or earn points at a reduced rate. For example, spending on government bodies, utilities, or insurance will earn you 0.5 points per $1 spent.

Complimentary Insurance

The American Express Velocity Business Card comes with complimentary Travel Insurance and Travel Inconvenience Cover for eligible Card Members and their employees. The insurance covers medical emergencies, trip cancellations, and baggage loss, among other things. It is essential to read the PDS to understand the coverage and eligibility criteria.

Learn more or apply via American Express

• Business Requirements: Your business must have a valid ABN registered for GST
• Business Turnover: Have an annual business revenue of $75,000 or more
• Credit Worthiness: Have a good credit history and no payment defaults
• Residency Requirements: Be an Australian citizen or a permanent resident
• Age Requirements: Be over 18 years of age

Complimentary Virgin Australia Lounge Entry

Card Members receive two complimentary single entry passes to the Virgin Australia Lounge each year. The passes are automatically loaded onto the Card Member's Velocity Frequent Flyer account and can be used at domestic Virgin Australia lounges.

Keeping Track of Business Spending

The American Express Velocity Business Card simplifies the monitoring of business expenses. The card is compatible with various accounting software packages, allowing easy integration and management of your business expenditures.

Apply Online Via American Express

Other Benefits & Features

• Charge Card: The American Express Velocity Business Card is a charge card, not a credit card. This means there is no pre-set spending limit, but the balance must be paid in full each month. This can be advantageous for businesses, as it helps manage cash flow and prevent accumulating interest charges.
• Apple Pay, Google Pay, and Samsung Pay: The American Express Velocity Business Card is compatible with popular mobile wallets, including Apple Pay, Google Pay, and Samsung Pay. This allows for convenient and secure payments using your smartphone or other compatible devices.

Summing Up: American Express Velocity Business Card

The American Express Velocity Business Card is an excellent choice for small businesses and sole traders who frequently travel with Virgin Australia or its partner airlines. With 120,000 bonus Velocity Points, and valuable travel benefits, this card offers a competitive edge in the market. Be sure to apply online to take advantage of this fantastic offer.