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- Velocity Escape Card
American Express Velocity Escape Card
- Special
- Apple, Google & Samsung Pay
- No annual fee
Special
Earn Velocity Points and enjoy $0 Annual Card Fee
Purchase rate p.a.
23.99%
Balance transfer rate
Not Applicable
Annual fee
$0
American Express Velocity Escape Card
- Special
- Apple, Google & Samsung Pay
- No annual fee
Purchase rate p.a.
23.99%
Balance transfer rate
Not Applicable
Annual fee
$0
Pros and Cons
For American Express Velocity Escape Card
Benefits
- Rewards Available through Velocity Frequent Flyer
- No Annual Fee
- Ability to convert large purchases into instalment plans
- Apple Pay, Google Pay and Samsung Pay available
- Free supplementary cards
- Purchase protection insurance
Drawbacks
- Higher than average ongoing variable purchase rate
- No balance transfer
American Express Rate Credit Card overview
For Velocity Escape Card
Details
Card level
Standard
Card type
AMEX
Interest free days
55
Minimum monthly repayment
2.5% or $30
Minimum credit limit
$2,000
Maximum credit limit
$25,000
Free supplementary cards
Instant approval
Target Market Determination
Visit American Express Australia Limited to view Target Market Determination.
Fees
Annual fee
$0
Annual Fee Spend Waiver
Supplementary card annual fee
$0
Late payment fee
$30
Over limit fee
$15
Duplicate statement fee
$10
Electronic Wallet Service
Apple pay available
Google pay available
Samsung pay available
Important Rates
Rates
Purchase rate p.a.
23.99%
Cash advance rate
Cash advance fee
Balance Transfer
Balance transfer rate
Not Applicable
Transfer limit
Balance transfer fee
Overseas spending
Foreign exchange fee
3% on Amex
Overseas charges
Estimated ATM cost
Rewards
Program name
Velocity Frequent Flyer
Rewards available
Gift Card, Domestic Flights, International Flights
Eligibility
Minimum age
18
Minimum income
$40,000
Eligibility conditions
Residency
Perks
FREE SUPPLEMENTARY CARDS
Supplementary cardholder must be over 18 years of age
PURCHASE PROTECTION INSURANCE
Covers up to $2,500 per item and $10,000 per year with a $50 excess within 90 days of purchase
Other Restrictions
Cash Advance not available
