AMEX Velocity Platinum Card Calculator

Card Details & Velocity Points Calculator
2.25x Virgin Products and Services
1.25x Everything Else*
Complimentary Annual Domestic Flight
Airport Lounge Passes
Travel and Purchase Protection

Velocity Points Calculator for the AMEX Velocity Platinum Card. Calculate total points and card value based on spend, benefits, and fees. Compare!

Bonus Categories

The AMEX Velocity Platinum Card features one bonus category which is Virgin products and services. There is no cap on the amount of Velocity Points you can earn spending with Virgin and no cap to the amount of Virgin Points you can earn with the card overall.

  • 2.25x Virgin Products and Services
  • 1.25x Everything Else
    • *You will earn 0.5 Velocity Points per $1 on purchases made with government bodies in Australia.

Perks & Benefits

The Velocity Platinum Card features an annual domestic flight, airport lounge passes, and travel insurance.

  • Annual Domestic Flight
    • Each anniversary year you will receive an annual complimentary domestic economy return flight on Virgin Australia between selected cities.
    • Flight is available after you make the first card purchase within a cardmember anniversary year.
  • Airport Lounge Passes
    • You'll receive two Virgin Australia Lounge passes each anniversary year at selected domestic airports.
    • You'll receive two entries per year to the American Express Lounge at Sydney International Airport or Melbourne International Airport.
  • Travel & Purchase Insurance
    • Medical Emergency Expenses Cover
    • Transport Accident Cover
    • Loss or Damage to Baggage, Money, or Documents
    • Travel Inconvenience Cover
    • Purchase Protection
    • Refund Protection
    • Fraud Protection Guarantee
    • Emergency Card Replacement

Sign Up Bonus (SUB)

The AMEX Velocity Platinum Card has a sign up bonus of 100,000 Velocity Points plus 75 bonus Status Credits and $100 back. This is after you spend $3,000 on the card within the first 3 months and apply before December 8, 2020.

You can also earn 100 Velocity Frequent Flyer Status Credits when you spend at least $50,000 on the card within the first year.

Fees & Income Requirements

Annual Fee

The annual fee for the AMEX Velocity Platinum Card is $375.

Authorized User Fee

There is no fee to add additional users to the AMEX Velocity Platinum Card. I highly recommend adding additional users to help maximimze the amount of Velocity Points you can earn.

Foreign Transaction Fee

The foreign transaction fee for the AMEX Velocity Platinum Card is 3% of the converted amount.

Income Requirements

The AMEX Velocity Platinum Card requires an annual income of $65,000 or more.

and Card Value Calculator

You can use this rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on rewards earned and how much each benefit is worth to you minus the fees. You can click the Compare A Card button to compare this card against another card in the same calculator.

All category spend entered in the primary card's column will carry over to all credit card pages on the site so you don't have to re-enter the same information over again.

Credit Card
This calculator will calculate the cash value of the selected credit card(s) based on spend, benefits, and fees. You can compare this card against any other rewards card side-by-side by clicking on the Compare A Card button.
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Categories Spending
Enter how much you spend in each category listed. You can click on the amount to edit the value, +/- Categories to add and remove categories from the list, and Options to copy spend between columns and clear all spend.
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Search for categories and click 'Add Category' to add it to the calculator. If you want to be more specific, you can specify domestic or international spend.
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When you add/change a credit card comparision, the categories missing from the newly added card will be added to the list of categories. Toggle this off to prevent such from happening.
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Clear All Spend will clear the spend in all categories in both columns and all saved values (cookies). Clear Mobile will remove the mobile pay option from all categories in both columns.
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Copies all spend amounts and their units of time from one column to the other. Does not copy mobilepay indicator.
Total Earnings
The sum of all spend and bonuses above this line and the cash value of it all.
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Cash Value
Cash value of total earnings based on currency worth.


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Monetary Bonuses & Fees
Cash bonuses, annual fees, authorized user fees, and any other listed fees.
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Grand Total
The total estimated value you can get out of this card and the amount of return for your spend.
Total Card Value
The value of the card based on spend, benefits, and fees.
Total Return
The percent you are earning based on spend, earnings, and fees.

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