Calculate Points For The AMEX Velocity Platinum

Velocity Points Calculator
Find out how many Velocity Points you can earn with the American Express Velocity Platinum, review the benefits, and compare against top cards in Australia.
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Last Updated 2021-11-21
Quick Details
Issuing Bank
Card Network
Rewards Earned
Annual Fee
Authorized User Fee
Currency Conversion Fee
Income Requirements

Rewards Rate Details

The American Express Velocity Platinum Card earns points at a flat rate across all purchases ran through the card. You can also earn bonus points on Virgin Australia spend.

There is no limit on the amount of points you can earn with the card overall.

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

Perks & Benefits

The American Express 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

Rewards Calculator

You can use the 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 the value of the rewards earned and how much each benefit is worth to you, minus the annual fees. You can click the Compare A Card button to compare this card side by side any other card featured on the site within the same calculator.

All category spend entered in the primary card's column (first column when comparing cards) will carry over to all credit card calculators on the site. This means you will not have to re-enter the same information again and again when browsing during the session.

Rewards Calculator

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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FEE Annual Fee
The annual fee of the selected credit card.
AU Auth Fee
The fee to add authorized users (supplementary cards).
$ 0
SUB Sign Up Bonus
If the card has a sign up bonus, you can enter it here. If you're unsure of the bonus, you can click the Learn More link by the card image to be taken to the issuer's website (in a new tab).
EV Extra Cash Value
Enter any additional cash value you want to give the card such as the value of unaccounted for perks and benefits.
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These cards are part of the same family.
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These are similar cards based on earning structure and other benefits (that aren't part of the same family).
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Currency Worth

The value of the rewards associated with the selected credit card(s). You can click the currency to edit the value or change it to reflect transfer partners.
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Loyalty & Memberships

Hotel elite status, loyalty program status, and memberships. These are typically calculated based on a selection though some are calculated automatically. Most cards will not have anything in this section.
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Category Spending

Click on a category to enter how much you plan on spending. You can add or remove categories, change the order of the categories, or view additional options.
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Add Categories
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.
Type at least 3 characters.
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Add Categories On Card Change
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.
Clear Spend/Mobile
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.
Copy Spend
Copies all spend amounts and their units of time from one column to the other. Does not copy mobilepay indicator.
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Reward Bonuses

Any extra bonuses to do with a specific card will be listed here. You can edit/add the Sign Up Bonuses (SUB) under the Credit Card section.
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This is the sum of all rewards earned from Category Spending and Reward Bonuses along with the cash value of it all based on Currency Worth.
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Monetary Bonuses

This is the total of all cash bonuses associated with the card(s). You can change the value of those that feature the symbol. Other bonuses are automatic. If there's extra value (EV) you want to add to the card, you can click on the card under the Credit Card section. You can also click on to get details on the listed bonuses.
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Annual Fees

This is the sum of annual fees and authorized user fees associated with the credit card(s). You can edit the annual fee as well as change the number of authorized users by clicking on the card under the Credit Card section at the top of this calculator.
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Grand Total

The estimated cash value of the card(s). This is the sum of the Subtotal and Monetary Bonuses minus Annual Fees. The return is based on estimated cash value divided by total credit card spend.
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The American Express Velocity Platinum Card
The American Express Velocity Platinum Card
Intro Bonus
View Issuer's Website
Rewards Rate
Earn 1.25 Velocity Points per $1 spent, except government bodies in Australia where you will earn 0.5 Velocity Points per $1 spent
Earn 1 additional Velocity Point per $1 spent with Virgin Australia
Main Card Highlights
  • Complimentary Virgin Australia return Economy domestic flight between selected cities each anniversary year
  • Two complimentary single entry passes to the domestic Virgin Australia lounge each anniversary year at selected airports
  • Two complimentary entries per year to the American Express Lounge, located at Sydney International Airport or Melbourne International Airport
  • Receive 100 Velocity Status Credits, when you spend a minimum of $50,000 within your Card Membership year.
  • Plan It Instalments offers a flexible way to pay off your Credit Card balance in equal monthly instalments, with 0% p.a. interest and a fixed monthly fee
  • Complimentary domestic and international travel insurance when you pay for eligible travel with your Card
Annual Fee
Authorized User Fee
$0 (Up to 4)
Currency Conversion Fee

Virgin Australia Credit Card Calculators

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