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Do you want a card for all occasions?
The American Express Velocity Escape Card is popular for great travel rewards. It’s made for those who love to travel often. Since 1850, American Express has played a big role in the world of finance, especially with credit cards in Australia. In this review, we will look closely at the Velocity Escape Card and what it offers.
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Even though you can’t apply for this card anymore, it’s still well-liked by its users. It gives them plenty of perks that are perfect for frequent travellers.
American Express Velocity Escape Card
Overview of the American Express Velocity Escape Card
The American Express Velocity Escape Card is perfect for Velocity Frequent Flyer members looking to get the most out of their daily spending on travel. It stands out because it has no yearly fee. This makes it a great choice for people who want to save money. Since launching in Australia in 1974, it has allowed users to earn points for travel with every purchase.
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Though no longer open to new applicants, the card is still a favorite for those wanting to earn frequent flyer points easily. It’s ideal for smart travellers who want a low-cost way to gather points for future trips.
Key Features and Benefits
The American Express Velocity Escape Card has several benefits for both casual and frequent spenders. With a $0 annual fee, it’s easy for users to get more from their rewards without the extra cost. For each $1 spent on regular purchases, you earn 0.75 Velocity Points. Spend that on Virgin Australia, and the rate jumps to 1.75 points per $1, making it great for airline travelers.
You can also add up to four more card members for free. This feature is great for families wanting to collect points together. While this card skips fancy extras like travel insurance, it keeps the rewards program simple. That means collecting points is easy, without confusing rules.
Earning Velocity Points
Getting Velocity Points with the American Express Velocity Escape Card is easy and useful for people who travel a lot. You get 0.75 Velocity Points for every $1 you spend on usual stuff. But, if you spend money on travel, like flights with Virgin Australia, you get even more: 1.75 points for every $1. This way, you can keep gathering points without worrying about hitting a max limit.
However, it’s key to remember that buying stuff from government places will get you fewer points: just 0.5 Velocity Points for every $1 spent. Still, for those hitting the road often, racking up rewards on daily buys can seriously boost travel plans. These points help pay for travel things that matter.
Annual Fee and Costs
The American Express Velocity Escape Card catches the eye with a $0 annual fee. It’s perfect for those watching their spending but still wanting to earn Velocity Points. Its affordable approach is especially great for credit card newbies.
Even though the card is cost-effective, you should be aware of some extra charges:
- A late payment fee of $30
- A dishonour fee of $6
- A 3% fee on international transactions
Adding extra cardholders is free. This feature allows you to increase your rewards without extra costs. The American Express Velocity Escape Card is ideal for maximizing benefits without additional expenses.
Travel Insurance Coverage
If you’re thinking about the American Express Velocity Escape Card, know its limits on travel insurance. Unlike other cards, it doesn’t offer free travel cover. Cards aimed at travelers usually cover trip cancellations, emergency health help, and lost luggage protection.
This missing feature might make some people, especially frequent travelers who want peace of mind, look elsewhere. However, getting Velocity points is a big plus of the Escape Card. This shifts the focus from the usual safety features found in many travel cards.
Anyone getting this card should look into getting travel insurance on their own. This way, they ensure they’re well-covered during their trips. Pairing the card’s points with good insurance means travelers can have a fuller travel experience.
Points Earning Rate Structure
The American Express Velocity Escape Card’s earning rate is made to reward your daily spending. You get 0.75 Velocity Points for each dollar on most purchases. Buy directly from Virgin Australia, and you earn even more – 1.75 points per dollar.
Keep in mind how the earning changes over time. After earning 12,000 Velocity Points in a year, the rate for everyday buys goes back to 0.75 points per dollar. This is a big deal for those who spend a lot and want to get the most rewards.
Comparison with American Express Velocity Escape Plus Card
The American Express Velocity Escape Plus Card has several benefits that are worth considering. With an annual fee of $95, it is pretty accessible. It also comes with more perks than the regular Escape Card, like free travel insurance, which is great for people who travel a lot.
Another cool feature is the $50 Virgin Australia Statement Credit that cardholders get. Also, you can earn 30,000 bonus Velocity Points when you meet certain conditions after signing up. These benefits can be really appealing for those wanting to increase their points balance quickly.
Though both cards have a similar way of earning points, there’s a change in how many points you get after you spend a certain amount each year. This change might affect how your rewards stack up over time. If you travel frequently, it’s important to check out both cards’ benefits. This will help you see if the extra perks of the Escape Plus Card are worth the higher cost.
Who Should Consider This Card?
If you often fly with Virgin Australia and want an easy way to get Velocity points, check this out. The American Express Velocity Escape Card is great for those avoiding yearly fees but still aiming to collect points.
This card appeals to credit card newbies or people watching their spending. It’s focused on earning points simply, making it good for covering travel costs. If fancy extras like free insurance don’t matter to you, you’ll like what this card offers.
Mobile Wallet Integration and Payment Options
The American Express Velocity Escape Card is keeping up with digital trends by integrating mobile wallets. You can make easy payments using Apple Pay®, Google Wallet™, and Samsung Pay. This feature lets you pay quickly and safely with just your smartphone.
Mobile wallets also make your transactions more secure. Instead of carrying a physical card, which can be risky, mobile wallets protect your info. Plus, tapping your phone to pay is way more convenient than swiping a card.
The American Express Velocity Escape Card really understands what today’s shoppers need. It offers both speed and security in their financial activities.
Using the Card Internationally
The American Express Velocity Escape Card is perfect for travel. It lets you buy things in places where American Express is welcome. This is great for those who want to earn Velocity Points when they’re overseas. But, it’s smart to know about extra costs that come with it.
When you shop in another country, there’s a 3% fee on what you buy. This fee is added based on the money’s exchange rate. So, it’s good to think about these costs and the Velocity Points you’ll earn. This helps you get the most out of your travels.
- Check if the place you’re going to accepts American Express.
- Figure out likely travel fees for different purchases.
- Compare the rewards you’ll earn with any fees you might pay.
Thinking about these things can make the American Express Velocity Escape Card really useful. It helps manage costs abroad while you rack up rewards on your journeys.
American Express Velocity Escape Card
The American Express Velocity Escape Card is perfect for those new to reward cards. It has no yearly fees. This makes it great for earning Velocity Points without extra costs. You can get points for what you buy every day, with no limit.
This card is great for getting points cheaply. It’s perfect for people who like saving money more than extra perks, like travel insurance. It clearly lists its benefits, making it easy for everyday spenders to get rewards without confusion.
Overall, the American Express Velocity Escape Card lets you easily earn Velocity Points. It’s designed to help users get the most out of their spending, all with an easy-to-use card.
Conclusion
The American Express Velocity Escape Card is a great choice for people who don’t want annual fees. It’s perfect for those who fly often and want to earn points, especially with Virgin Australia. Even though it doesn’t have all the fancy features of other cards, it’s very good for travel rewards.
As credit cards change, it’s smart to think about how often you travel and your goals for earning points. If you like simple rewards and easy travel planning, this card is good for you. Our review shows it’s suitable for people who want to save money while traveling.
In the end, comparing the American Express Velocity Escape Card to your travel needs is key. It’s great for anyone who wants a dependable rewards program without big fees. If that sounds like you, this card is certainly worth a look.
FAQ
What is the American Express Velocity Escape Card?
Are there any fees associated with the American Express Velocity Escape Card?
FAQ
What is the American Express Velocity Escape Card?
It’s a credit card with no yearly fee for Velocity Frequent Flyer members. It lets them gather Velocity Points on day-to-day buys.
Are there any fees associated with the American Express Velocity Escape Card?
Besides its
FAQ
What is the American Express Velocity Escape Card?
It’s a credit card with no yearly fee for Velocity Frequent Flyer members. It lets them gather Velocity Points on day-to-day buys.
Are there any fees associated with the American Express Velocity Escape Card?
Besides its $0 yearly fee, it comes with costs like a $30 fee for late payments. There’s also a $6 dishonour fee and a 3% charge for buys made abroad.
How many Velocity Points can I earn with the American Express Velocity Escape Card?
You get 0.75 points for every $1 spent on eligible spends, except for government buys, which earn 0.5 points. For spends on Virgin Australia, it’s 1.75 points per $1. There’s no limit on how many points you can collect, except the cap on government purchases.
Does the American Express Velocity Escape Card offer travel insurance?
No, it doesn’t come with free travel insurance. This benefit is usually found in other cards focused on travel.
Can I use my American Express Velocity Escape Card overseas?
Yes, you can use the card anywhere American Express is accepted internationally. Just remember, a 3% fee applies to overseas buys.
How does the American Express Velocity Escape Card compare to the Escape Plus Card?
The Escape Plus Card carries a $95 yearly fee but comes with extra perks. These include free travel insurance and a bonus points deal when signing up. It also keeps the points earning structure similar.
Is this card suitable for someone new to credit cards?
Absolutely, this card is a great option if you’re new to credit cards or watching your budget. It allows easy point gathering without an annual fee.
Can I add supplementary cardholders on the American Express Velocity Escape Card?
Sure, you can add up to four extra card members at no extra charge. This is great for families looking to increase their points.
FAQ
What is the American Express Velocity Escape Card?
It’s a credit card with no yearly fee for Velocity Frequent Flyer members. It lets them gather Velocity Points on day-to-day buys.
Are there any fees associated with the American Express Velocity Escape Card?
Besides its
FAQ
What is the American Express Velocity Escape Card?
It’s a credit card with no yearly fee for Velocity Frequent Flyer members. It lets them gather Velocity Points on day-to-day buys.
Are there any fees associated with the American Express Velocity Escape Card?
Besides its $0 yearly fee, it comes with costs like a $30 fee for late payments. There’s also a $6 dishonour fee and a 3% charge for buys made abroad.
How many Velocity Points can I earn with the American Express Velocity Escape Card?
You get 0.75 points for every $1 spent on eligible spends, except for government buys, which earn 0.5 points. For spends on Virgin Australia, it’s 1.75 points per $1. There’s no limit on how many points you can collect, except the cap on government purchases.
Does the American Express Velocity Escape Card offer travel insurance?
No, it doesn’t come with free travel insurance. This benefit is usually found in other cards focused on travel.
Can I use my American Express Velocity Escape Card overseas?
Yes, you can use the card anywhere American Express is accepted internationally. Just remember, a 3% fee applies to overseas buys.
How does the American Express Velocity Escape Card compare to the Escape Plus Card?
The Escape Plus Card carries a $95 yearly fee but comes with extra perks. These include free travel insurance and a bonus points deal when signing up. It also keeps the points earning structure similar.
Is this card suitable for someone new to credit cards?
Absolutely, this card is a great option if you’re new to credit cards or watching your budget. It allows easy point gathering without an annual fee.
Can I add supplementary cardholders on the American Express Velocity Escape Card?
Sure, you can add up to four extra card members at no extra charge. This is great for families looking to increase their points.
FAQ
What is the American Express Velocity Escape Card?
It’s a credit card with no yearly fee for Velocity Frequent Flyer members. It lets them gather Velocity Points on day-to-day buys.
Are there any fees associated with the American Express Velocity Escape Card?
Besides its
FAQ
What is the American Express Velocity Escape Card?
It’s a credit card with no yearly fee for Velocity Frequent Flyer members. It lets them gather Velocity Points on day-to-day buys.
Are there any fees associated with the American Express Velocity Escape Card?
Besides its $0 yearly fee, it comes with costs like a $30 fee for late payments. There’s also a $6 dishonour fee and a 3% charge for buys made abroad.
How many Velocity Points can I earn with the American Express Velocity Escape Card?
You get 0.75 points for every $1 spent on eligible spends, except for government buys, which earn 0.5 points. For spends on Virgin Australia, it’s 1.75 points per $1. There’s no limit on how many points you can collect, except the cap on government purchases.
Does the American Express Velocity Escape Card offer travel insurance?
No, it doesn’t come with free travel insurance. This benefit is usually found in other cards focused on travel.
Can I use my American Express Velocity Escape Card overseas?
Yes, you can use the card anywhere American Express is accepted internationally. Just remember, a 3% fee applies to overseas buys.
How does the American Express Velocity Escape Card compare to the Escape Plus Card?
The Escape Plus Card carries a $95 yearly fee but comes with extra perks. These include free travel insurance and a bonus points deal when signing up. It also keeps the points earning structure similar.
Is this card suitable for someone new to credit cards?
Absolutely, this card is a great option if you’re new to credit cards or watching your budget. It allows easy point gathering without an annual fee.
Can I add supplementary cardholders on the American Express Velocity Escape Card?
Sure, you can add up to four extra card members at no extra charge. This is great for families looking to increase their points.
yearly fee, it comes with costs like a fee for late payments. There’s also a dishonour fee and a 3% charge for buys made abroad.
How many Velocity Points can I earn with the American Express Velocity Escape Card?
You get 0.75 points for every
FAQ
What is the American Express Velocity Escape Card?
It’s a credit card with no yearly fee for Velocity Frequent Flyer members. It lets them gather Velocity Points on day-to-day buys.
Are there any fees associated with the American Express Velocity Escape Card?
Besides its $0 yearly fee, it comes with costs like a $30 fee for late payments. There’s also a $6 dishonour fee and a 3% charge for buys made abroad.
How many Velocity Points can I earn with the American Express Velocity Escape Card?
You get 0.75 points for every $1 spent on eligible spends, except for government buys, which earn 0.5 points. For spends on Virgin Australia, it’s 1.75 points per $1. There’s no limit on how many points you can collect, except the cap on government purchases.
Does the American Express Velocity Escape Card offer travel insurance?
No, it doesn’t come with free travel insurance. This benefit is usually found in other cards focused on travel.
Can I use my American Express Velocity Escape Card overseas?
Yes, you can use the card anywhere American Express is accepted internationally. Just remember, a 3% fee applies to overseas buys.
How does the American Express Velocity Escape Card compare to the Escape Plus Card?
The Escape Plus Card carries a $95 yearly fee but comes with extra perks. These include free travel insurance and a bonus points deal when signing up. It also keeps the points earning structure similar.
Is this card suitable for someone new to credit cards?
Absolutely, this card is a great option if you’re new to credit cards or watching your budget. It allows easy point gathering without an annual fee.
Can I add supplementary cardholders on the American Express Velocity Escape Card?
Sure, you can add up to four extra card members at no extra charge. This is great for families looking to increase their points.
spent on eligible spends, except for government buys, which earn 0.5 points. For spends on Virgin Australia, it’s 1.75 points per
FAQ
What is the American Express Velocity Escape Card?
It’s a credit card with no yearly fee for Velocity Frequent Flyer members. It lets them gather Velocity Points on day-to-day buys.
Are there any fees associated with the American Express Velocity Escape Card?
Besides its $0 yearly fee, it comes with costs like a $30 fee for late payments. There’s also a $6 dishonour fee and a 3% charge for buys made abroad.
How many Velocity Points can I earn with the American Express Velocity Escape Card?
You get 0.75 points for every $1 spent on eligible spends, except for government buys, which earn 0.5 points. For spends on Virgin Australia, it’s 1.75 points per $1. There’s no limit on how many points you can collect, except the cap on government purchases.
Does the American Express Velocity Escape Card offer travel insurance?
No, it doesn’t come with free travel insurance. This benefit is usually found in other cards focused on travel.
Can I use my American Express Velocity Escape Card overseas?
Yes, you can use the card anywhere American Express is accepted internationally. Just remember, a 3% fee applies to overseas buys.
How does the American Express Velocity Escape Card compare to the Escape Plus Card?
The Escape Plus Card carries a $95 yearly fee but comes with extra perks. These include free travel insurance and a bonus points deal when signing up. It also keeps the points earning structure similar.
Is this card suitable for someone new to credit cards?
Absolutely, this card is a great option if you’re new to credit cards or watching your budget. It allows easy point gathering without an annual fee.
Can I add supplementary cardholders on the American Express Velocity Escape Card?
Sure, you can add up to four extra card members at no extra charge. This is great for families looking to increase their points.
. There’s no limit on how many points you can collect, except the cap on government purchases.
Does the American Express Velocity Escape Card offer travel insurance?
No, it doesn’t come with free travel insurance. This benefit is usually found in other cards focused on travel.
Can I use my American Express Velocity Escape Card overseas?
Yes, you can use the card anywhere American Express is accepted internationally. Just remember, a 3% fee applies to overseas buys.
How does the American Express Velocity Escape Card compare to the Escape Plus Card?
The Escape Plus Card carries a yearly fee but comes with extra perks. These include free travel insurance and a bonus points deal when signing up. It also keeps the points earning structure similar.
Is this card suitable for someone new to credit cards?
Absolutely, this card is a great option if you’re new to credit cards or watching your budget. It allows easy point gathering without an annual fee.
Can I add supplementary cardholders on the American Express Velocity Escape Card?
Sure, you can add up to four extra card members at no extra charge. This is great for families looking to increase their points.
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