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Business Credit Cards

American Express Velocity Business Card

Unlock 150,000 Velocity Points, 100 Status Credits, and Virgin Australia lounge passes with the Amex Velocity Business Card
Tom Goward
Tom Goward01 May 2026
150,000 Bonus Velocity Points
150,000 Bonus Velocity Points
Apply online
Review: Amex Velocity Business
The American Express Velocity Business Card is a solid option for small businesses that regularly fly with Virgin Australia. Offering 150,000 bonus Velocity Points + 100 Status Credits (min. spend $5k in first 2 months. Offer ends 4 August 2026. T&Cs apply. New Amex Card Members only), all for a low $249 annual fee.
American Express Velocity Business Card Australia
4/5
Bonus Points
4/5
Earn Rate
3/5
Extra Features
4/5
Overall
Pros
150,000 bonus Velocity Points
100 bonus Status Credits
Low $249 annual fee
Uncapped points earning
2 Virgin Australia lounge passes per year
Cons
3.5% foreign exchange fee
Employee Cards carry a $99 annual fee

The American Express Velocity Business Card stands out as one of the more compelling business rewards cards in Australia, particularly for companies that regularly fly with Virgin Australia.

For a limited time, you can earn 150,000 bonus Velocity Points + 100 Status Credits when you apply by 4 August 2026, are approved and spend $5,000 on eligible purchases on your new American Express Velocity Business Card within 2 months of your approval date.

In addition to that generous welcome bonus, you'll enjoy a solid earn rate, complimentary domestic and international travel insurance, plus two passes to the Virgin Australia lounge per year.

T&Cs apply. Available for new American Express Card Members only.

Amex Velocity Business Key Benefits

Sign Up Bonus

Earn 150,000 bonus Velocity Points + 100 Status Credits when you apply by 4 August 2026, are approved and spend $5,000 on eligible purchases on your new American Express Velocity Business Card within 2 months of your approval date. T&Cs apply. Available for new American Express Card Members only.

Everyday Earn Rate1 Velocity Point per $1 spent
Virgin Australia Spend Earn Rate2 Velocity Points per $1 spent
ATO Earn Rate0.5 Velocity Points per $1 spent
Points CappingUncapped points earning potential
Charge CardFlexible Spending Power
Lounge AccessReceive two complimentary single entry passes to the Virgin Australia Lounge
Travel InsuranceBenefit from complimentary Travel Insurance
Digital WalletsUse Apple Pay, Google Pay, and Samsung Pay
Annual FeeAnnual fee of $249 and $99 per Employee Card for up to 99 cards
American Express Velocity Business Card Australia
American Express Velocity Business Card
Sign Up Bonus150,000Bonus Velocity Points
Earn Rate1Velocity Points

The American Express Velocity Business Card in Detail

The American Express Velocity Business Card offers 150,000 bonus Velocity Points to new American Express Card Members who apply online and spend $5,000 or more on eligible purchases within the first 2 months of the approval date.

Offer ends 4 August 2026. T&Cs apply. New Amex Card Members only.

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.

Virgin Australia crew walk in front of aircraft.jpg

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.

Virgin Australia lounge

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 your American Express Charge Card comes with flexible spending power, also known as no-pre-set spending limit. This means that the amount you can spend is dynamic and can adapt based on your transaction patterns, your businesses credit rating and other factors. The way you use your Card can help your spending power grow, particularly in the first few months. To help maximise your spending power, you can make regular transactions and don’t miss any payments.
  • 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

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 a massive 150,000 bonus Velocity Points + 100 Status Credits, and valuable travel benefits, this Card offers a competitive edge in the market. Apply online to take advantage of this fantastic offer.

American Express Velocity Business Card Australia
American Express Velocity Business Card
Sign Up Bonus150,000Bonus Velocity Points
Earn Rate1Velocity Points

Terms & Conditions

Bonus & Eligibility

150,000 bonus Velocity Points + 100 Status Credits: Offer only available to new American Express Card Members who apply by 4 August 2026, are approved and spend $5,000 on eligible purchases on their new Card in the first two (2) 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. 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. 150,000 bonus Velocity Points will be awarded to the eligible Card Member's Account 8-10 weeks after the spend criteria has been met. 100 Status Credits will be issued by Velocity into the Card Member’s Velocity Frequent Flyer account within 30 days of receiving the 150,000 bonus Velocity Points. Any Status Credits earned through this offer are subject to expiry after 12 months from date of issue. Velocity members also need to fly on Virgin Australia marketed flights to earn Eligible Sectors in addition to Status Credits to upgrade or maintain a new level of membership, for more information visit here. Velocity membership and Points earn and redemption are subject to the American Express Velocity Business Card Points Terms and Conditions as amended from time to time. $249 Annual Card Fee applies. This offer is not applicable or valid in conjunction with any other advertised or promotional offer.

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American Express Velocity Business Card Australia
American Express Velocity Business Card
Sign Up Bonus150,000Bonus Velocity Points
Earn Rate1Velocity Points
Subscribe to our newsletter
American Express Velocity Business Card Australia
American Express Velocity Business Card
Sign Up Bonus150,000Bonus Velocity Points
Earn Rate1Velocity Points
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