The American Express Velocity Escape Card

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The American Express Velocity Escape credit card is an entry level Velocity point-earning card. It comes with no annual fee, no points cap, and offers an extra point per $1 on spend with Virgin Australia

While it is an entry level product, it is one that is worth considering.

Earning Points

Points are earned directly in the Velocity Frequent Flyer program. The earning structure is

  • 0.75 Velocity Point per dollar on eligible purchases, except for spend at government bodies in Australia
  • 0.5 Velocity Points per dollar at government bodies in Australia
  • An additional 1.0 Velocity Point per dollar on Selected Virgin Australia spend

The card has no caps or tier levels. Unlike some cards, you do not need to worry about going over some monthly spend and seeing your earnings cut.

Card Perks

As noted, The American Express Velocity Escape credit card is entry level, and as such, it comes with few additional perks over its point earning potential. The protections included with the card are purchase protection and refund protection cover.

Purchase Protection

This is a feature designed to protect you if your new items are stolen or damaged. Refund Protection is also available should a store refuse to accept the return of a recent, unused purchase

Refund Protection

Under the refund protection cover, you are covered for the Purchase Price of an unused eligible item if you try to

return it to the retailer within 90 days of the purchase and the retailer will not take it back.

Card feature Summary

Card Features
Basic Details
Card Name The American Express Velocity Escape Card
Annual fee Nil
Interest Rate 20.74% p.a. interest rate on purchases
Interest Free Period Up to 55 days
Point Earning
Loyalty program Velocity
Points Earning
  • Earn 0.75 Velocity Points for every $1 spent on eligible purchases, except at government bodies in Australia
  • Earn 0.5 Velocity Points for every $1 spent on eligible purchases at government bodies in Australia
  • Plus 1.0 additional Velocity Point per $1 spent on selected purchases with Virgin Australia
Points earn rate(Cap/Tier) Uncapped
Other Benefits
Included Protections
  • Purchase Protection
  • Refund Protection
Other Fees/Charges
Foreign Transaction Fee 3%
Additional Card Fee $0

Final Words

The American Express Velocity Escape credit card is an entry level card. For a no annual fee card, it still provides decent points earning power – earn Velocity Points for every $1 spent on Card purchases. The additional point per dollar on Virgin Australia spend is a worthwhile additional perk.

It may be one of the best no annual fee cards for Velocity point earn. It may be good for those who don’t want a heap of benefits with their card and don’t want to stump up for the annual fee.

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About Author

Mark is the founder of FlyStayPoints, and caught the travel bug early in life. He discovered the benefits of travel loyalty programs in 2001, and is always learning how they can make travel better. While work takes him between Perth and Melbourne, he is always plotting his next adventure.