Home Credit Cards American Express Velocity Escape Guide

American Express Velocity Escape Guide


Card Overview

American Categorical Velocity Escape card is an entry-level card with no annual cost. The components earn worth of 0.75 Velocity Components earned per $ spent for no ongoing cost is geared towards budget-conscious points-hunters.

Key Attributes

  • No annual cost

  • 0.75 Velocity Components per $1 on all eligible purchases, excludes spend at authorities our our bodies

  • 1.75 Velocity Components per $1 spent on chosen Virgin Australia purchases

  • 0.5 Velocity Components per $1 on authorities spend

  • Annual Cost: $0 p.a.

What we’ll be defending

The American Categorical Velocity Escape Card is a Velocity Degree-earning card with no annual cost, and consequently comes with just a few further benefits outdoor of incomes components – nonetheless it does that one issue properly.

The Velocity Escape Card is an outstanding entry-level offering as a gateway into the world of Velocity Components earn.


Who’s the American Categorical Velocity Escape card for?

This card will most likely swimsuit these:

  • who ceaselessly journey on Virgin Australia
  • who’re averse to taking part in playing cards with extreme annual prices and are in quest of a no or low annual cost card that nonetheless earns Velocity Components
  • who couldn’t meet the earnings threshold for premium Velocity incomes financial institution playing cards
  • the place the higher worth of a premium Velocity Card outweighs the benefit of the cardboard’s further choices, due to your earnings or spending being too low to each use these choices or obtain most value from them
  • people who want to start incomes Velocity Components from their financial institution card spend with little hazard.

Digging into the details

The Velocity Escape American Categorical is visually decrease from the equivalent cloth, nonetheless centered at a singular purchaser to the high-end sister card the Velocity Platinum.

The Escape provides few ongoing benefits, nonetheless with a discount of an annual cost for free.

Card American Categorical Velocity Escape
Loyalty program Velocity Frequent Flyer
Components earned from spend 0.75 Velocity Degree per $1 on all eligible spend apart from authorities spend
1 further Velocity Degree per $1 spent on select Virgin Australia corporations
0.5 Velocity Degree per $1 on authorities spend
Components cap None
Earns components at ATO Positive
Additional card members Free
Included Insurances Refund Security, Purchase Security and On-line Fraud Security Guarantee
Minimal earnings requirement $40,000 p.a.
Annual cost None

This means it’s top-of-the-line no or low annual cost taking part in playing cards in the marketplace for Velocity Degree earn for a lot of who don’t want a heap of benefits with their card and don’t have to stump up for the annual cost.

You’ll earn 1.75 Velocity Components per $1 spent with Virgin Australia, 0.75 Velocity Degree per $1 all over the place else besides transactions to authorities our our bodies and the ATO, which earn 0.5 Components per $1 spent in keeping with many various taking part in playing cards American Categorical concern.

Additional card members are free of price for a lot of who have to earn further components by together with members of the family onto their account.

The cardboard will also be eligible for Amex Affords, which give American Categorical cardholders with rotating promotions and reductions for a variety of companies, along with the Native Champion sport, the place cardholders use the Amex app to earn further bonus stage per $ spent at retailers the place they retailer most likely probably the most.

A guide to the American Express Local Champion game | Point Hacks


American Categorical launched ‘Plan It’ in mid-2020, which allows cardholders to create instalment plans that let for equal funds to be distributed over a 3, 6 or 12 month price interval. There is a month-to-month mounted cost to entry this perform, with as a lot as 10 Plan It plans with a minimal of $150 stability able to be created.

Considering this card for Enterprise-related transactions?

American Categorical present a variety of every enterprise and shopper price and financial institution playing cards. They do enable enterprise transactions to be made on personal taking part in playing cards, not like one other banks, nonetheless you might uncover a number of of the completely different business-focused benefits of the enterprise taking part in playing cards to be attention-grabbing or further acceptable.

So – must you’re a sole seller or a enterprise in search of to earn components together with your company spend – this card would nonetheless work for that perform.

There’s a full file of enterprise and personal shopper American Categorical taking part in playing cards which is maybe acceptable for incomes components from business-related transactions proper right here.

Unparalleled mobile pockets integration

American Categorical taking part in playing cards help Apple Pay, Google Pay and Samsung Pay, which means it is best to make the most of this card in your smartphone for easier funds.

Be taught the Degree Hacks data to using Apple Pay or for using Google Pay and Samsung Pay, along with instructions on strategies so as to add your American Categorical card to those corporations.

With this perform organize, it means you would presumably nonetheless use your NFC-enabled phone to make purchases alongside together with your American Categorical account, even when your bodily card is misplaced or stolen and pending substitute.

Summing up

The American Categorical Velocity Escape Card is an outstanding entry diploma card for ongoing Velocity Components earn with an earn worth of 0.75 Velocity Components per $1 on most eligible spend and no annual cost.


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