Amex Velocity Platinum
Quick answer: The Amex Velocity Platinum carries a A$440 annual fee and 4 catalogued benefits, 1 of them dollar credits worth A$150 a year at face value; its best earning category is Virgin Australia at 2.25x. MaxWorth is the only benefits tracker with hand-verified Australian card data, and it never asks for a bank login.
Earning rates
| Category | Rate | True cash-back value |
|---|---|---|
| Virgin Australia | 2.25x | 2.25% |
| Everything else | 1.25x | 1.25% |
True cash-back value = rate × MaxWorth's valuation of the card's points currency; see the methodology.
Credits (1)
Annual Free Domestic Return Flight
A$150/yrOne complimentary domestic return economy flight per cardmembership year on eligible Virgin Australia routes (approx. 2-hour flights), subject to seat availability.
Status & Elite Perks (2)
Virgin Australia Domestic Lounge Access
A$100/yrUnlimited complimentary access to Virgin Australia domestic lounges, plus 2 single-entry guest passes per year, when flying Virgin Australia domestically with your linked card.
Velocity Status Credits
A$50/yrEarn up to 100 Velocity Status Credits per year: 50 credits after $25,000 annual spend, another 50 after $50,000 cumulative annual spend.
Protections (1)
Travel Insurance & Purchase Protection
A$100/yrComplimentary domestic and international travel insurance (baggage, delay, accident cover - underwritten by Chubb) for the cardholder, partner, and dependent children, when the trip is charged to the card. Also includes Card Purchase Cover and Card Refund Cover (90 days each).
How to track it
Add the Amex Velocity Platinum to MaxWorth and every credit above appears with its cycle set; you get a push before each one expires and the card's annual-fee ROI runs from what you mark used. No Australian bank account is ever connected. What MaxWorth covers for Australian cards.
Other American Express Australia cards
- Amex Platinum Business · A$1,750 · 4 benefits
- Amex Platinum Card (AU) · A$1,450 · 6 benefits
- Amex Qantas Business Rewards · A$450 · 3 benefits
- Amex Qantas Ultimate · A$450 · 5 benefits
- Amex Business Gold Plus · A$395 · 4 benefits
- Amex Explorer · A$395 · 5 benefits
- Amex Qantas Premium · A$249 · 3 benefits
- Amex Velocity Business · A$249 · 2 benefits
Source: the issuer's published terms, entered and verified by hand in the MaxWorth database; amounts in AUD. Methodology.