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American Express Velocity Escape
$ 8000
12
$ 15000
$
%
$ 15000
$
%

American Express Velocity Escape

American Express Velocity Escape

Pay no annual fee, earn and escape with the American Express Velocity Escape card by earning 0.75 Velocity Points per $1 spent.*
Offer includes:

  • Refund protection
  • Purchase Protection
  • Online fraud protection gaurantee

Velocity Frequent Flyer Points Forecast

Balance Transfer Savings

0% Purchase Savings

View Offer


72,000

Total points is the estimated number of bonus points earned plus points per dollar earned during the forecast period, based on your inputs above and the promotional offer of the card. Some cards may have points capping and spend requirements, which are factored into our calculations.

It is assumed that the monthly spend is applicable for each month of the forecast period, and that it does not include any excluded or reduced earning transaction categories, e.g. cash advances, government or international purchases.

All estimates are based on our assumptions and do not take into consideration your personal circumstances. Your experience may vary. Refer to our Website Terms & Conditions for more information.

Go to offer links directly to the bank’s website. Please ensure you review the full terms and conditions on the bank’s website prior to applying.

More info links to a detailed product page on our site.

estimated points earned

You could save

$0

Savings is an estimate of the amount saved on interest charges and annual fees, as a result of transferring an eligible balance to the 0% balance transfer card for the interest-free period.

The savings estimate is based on a daily compound interest rate formula, taking into consideration your inputs above, as well as applicable balance transfer and annual fees, along with the following assumptions:
• No additional purchases or withdrawals are made
• A minimum 3% balance repayment is made each month
• Annual fees for the current year are charged in the first month
• If applicable, the annual fee refund is processed in the month eligibility is met
• There are 30 days in each month
• Your existing card will be closed and will incur no further fees
• Other fees are excluded

All estimates are based on our assumptions and do not take into consideration your personal circumstances. Your experience may vary. Refer to our Website Terms & Conditions for more information.

Go to offer links directly to the bank’s website. Please ensure you review the full terms and conditions on the bank’s website prior to applying.

in months

You could save

$0

Savings is an estimate of the amount saved on interest charges and annual fees during the interest-free period, as a result of making a purchase on a 0% purchase card, rather than on your existing card.

The savings estimate is based on a daily compound interest rate formula, taking into consideration your inputs above, as well as the annual fee, along with the following assumptions:
• The purchase amount is incurred in the first month
• No additional purchases or withdrawals are made
• A minimum 3% balance repayment is made each month
• Annual fees for the current year are charged in the first month
• If applicable, the annual fee refund is processed in the month eligibility is met
• There are 30 days in each month
• Your existing card will be closed and will incur no further fees
• Other fees are excluded

All estimates are based on our assumptions and do not take into consideration your personal circumstances. Your experience may vary. Refer to our Website Terms & Conditions for more information.

Go to offer links directly to the bank’s website. Please ensure you review the full terms and conditions on the bank’s website prior to applying.

More info links to a detailed product page on our site.

in months

Velocity Frequent Flyer
Program
$0

p.a.
Annual Fee
0.75
Points per $
Earn 0.75 Velocity Points per $1 spent on purchases. Excludes government bodies in Australia where you will earn 0.5 Velocity Points per $1 spent
Earn 1 additional Velocity Point per $1 spent on purchases with Virgin Australia
p.a.
% p.a.
Purchase Rate
$

p.a.
Annual Fee
% p.a.
Purchase Rate
$
p.a.
Annual Fee
$

annual fees
Total Fees
Total Fees is a calculation based on the total annual fees charged for the number of months the promotional period applies. An annual fee is charged in full for each year or part of a year. The calculation considers annual fee refunds for minimum spend thresholds, as well as variances between first and subsequent year annual fees. No other fees are included in this calculation.
What could 72,000 points be worth?
Sydney to Los Angeles
Premium Economy
  • One way: 71,700
  • Return: 143,400
+ applicable fees & taxes
Sydney to Singapore
Economy
  • One way: 27,800
  • Return: 55,600
+ applicable fees & taxes
Sydney to Hong Kong
Premium Economy
  • One way: 27,800
  • Return: 55,600
+ applicable fees & taxes

Flight redemption is based on a Reward Seat booking and is subject to availability and airline restrictions.

American Express Velocity Escape Review

Pros
  • Up to 55 days interest free period
  • No additional cardholder fee
  • Low annual fee
  • Refund protection
  • Purchase protection
  • Plan It™ Instalments
  • 24/7 Concierge Service
Cons
  • No Additional Extras
  • Relatively high international transaction fee of 3%
Minimum Credit Limit$2,000
Card TypeAmerican Express
Mobile Cardless PaymentsYes
Apple Pay
Google Pay
Samsung Pay
Interest Free Period
The maximum period of time that no interest is charged on new purchases. May not be applicable if the account or closing balance is not paid in full by the due date.
Up to 55 days
Annual Fee
An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years.
$0 p.a.
Rewards ProgramVelocity Frequent Flyer
Purchase Rate
The standard interest rate that applies to purchases on the card
20.74% p.a.
Minimum Income$40,000
Minimum Age18 years of age or over
Temporary Resident ApplicationYes - conditions apply, see bank site for details
Long term visa required (12 months or more), does not include student visa
Joint ApplicationNo
Rewards Earn Rate per $ spent
The number of rewards points earned for each eligible dollar spent on the card
0.75 points per $
Earn 0.75 Velocity Points per $1 spent on purchases. Excludes government bodies in Australia where you will earn 0.5 Velocity Points per $1 spent
Earn 1 additional Velocity Point per $1 spent on purchases with Virgin Australia
Additional Cardholder Fee
Fee incurred for adding an additional cardholder to the account
$0 p.a.
Dishonour Fee$6
Charged each time a cheque or Direct Debit payment is dishonoured
Maximum Additional Cardholders
Maximum number of additional cardholders
Up to 4
Minimum Monthly Repayment
The minimum repayment that must be paid by the payment due date to avoid incurring late fees. Interest will still be charged on the remaining amount owing.
2.5% or $30, whichever is greater
International Transaction Fee
Fee incurred for transactions made in foreign currency
3% of the transaction value
International Cash Advance Fee $2.50 or 2% of the cash advance amount (whichever is greater)
Late Payment Fee
Fee incurred if the minimum repayment is not paid by the due date
$30
Annual Fee
An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years.
$0 p.a.
Travel Insurance
Terms, conditions, limits and exclusions may apply, check product site for details
No
Purchase Insurance
Terms, conditions, limits and exclusions may apply, check product site for details
Yes
Refund protection
Purchase protection
Plan It™ Instalments
Concierge ServiceYes
24/7 Concierge Service
Additional ExtrasNo

Like the sound of this card?

Apply now securely via the bank's website or email yourself a link to apply later.
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