AmEx Velocity Business Card: 200,000 Velocity Points & 12 Months of Velocity Gold with $5000 Spend in 2 Months, $249 Annual Fee

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Card includes travel insurance.

When you apply by 15 May 2024, are approved and spend $5,000 on eligible purchases on your new American Express® Velocity Business Card within 2 months of your approval date.

Plus join the Virgin Australia Business Flyer program to jump direct to Tier 2 and receive a complimentary 12-month Velocity Frequent Flyer Gold Membership if you meet the eligibility and minimum spend criteria19. T&C’s apply. Both offers are available for new American Express Card Members only.

Referral Links

Business Explorer Card: random (5)

Referrer: 40,000 Reward Points

Centurion Personal Charge Card: random (7)

Referee gets 200,000 MR points. Referrer gets 150,000 MR points.

Related Stores

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Comments

  • +2

    Does anybody have any reviews on the complimentary travel insurance? Is it comprehensive?

  • +3

    200k points + gold status seems very generous for only $249 annual fee seems very generous. thanks for sharing

    • yeh the gold is super handy

  • +1

    Its a business card. Will they ask us to prove out turnovers?

    • +3

      To apply for an American Express Velocity Business Card you need to:
      Be aged 18 years or over
      Be an Australian citizen or permanent resident
      Be a Director or Controller of the business
      Have a good credit history and no payment defaults
      Have an annual business revenue of $75,000 or more
      Have a valid ABN registered for GST

      Information to have ready:
      Your personal income and your business revenue
      Your driver’s licence (if you have one)
      The details of your business’ ownership as it appears on ASIC (for the Director and/or Beneficial Owner)

      So, yes

    • Have an annual business revenue of $75,000 or more

      Not sure if they really mean revenue or just turnover.

  • +2

    Can a business card like this be used to service everyday expenses? Or must they be business related expenses?

  • So if you have a personal Amex card already, can you get the business Amex card for sign up bonus?

    • Im interested in this

    • No

    • +1

      I received mine today and called. They confirmed that I was eligible for the points bonus but I think it was because I’d been a customer for almost 20 years.

  • Sounds like i have to start a business…

    • And gross $75k annually

      • -1

        Hedge fund it is.

  • Can someone share referral link for "American Express Platinum Business Card" .

    • Done
      Sent dm

  • My last Amex business card they didn't even ask for proof of turnover. I think if you have history with them they are extremely relaxed on approvals.

  • +1

    Applied for this without supplying financials.
    Simply stated my turnover.
    Card was approved in under 5 minutes.

  • Anyone applying for this offer, make sure you club it with this offer of an additional 30K points or 200 status credits.
    https://www.ozbargain.com.au/node/830988

  • Has anyone had an experience where if you apply for Amex card after cancelling a previous one 6 months ago, you still got the bonus?
    Or are they pretty stringent

  • +1

    finally got the card, didnt need to supply financials either

    • After submitting the form, does it instantly approve or says it’s being processed ?

      • They had issues with id verification so they called us a few times. The bonus points show up as soon as you spend over the minimum.

        • How long would you say after the last call made you got the approval?
          They also just called me to confirm ID.

  • +1

    Received my 200k velocity to my personal velocity account. Easy.

    • I am wondering if ATO payment will count towards eligible transactions to meet the criteria? It isn't mentioned in exclusion. Wondering if you know?

  • Has anyone got their account upgraded to gold? If yes, how long it took after meeting the spending criteria?

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