A Free Velocity Credit Card
Cashback and Velocity Points with $0 Annual Fee
With $0 annual fee, you can't lose! Plus, you get the Velocity Points and Cashbacks Offers!
Earn Point
Without Annual Fee
2 Points
Per Dollar at Virgin
0% p.a
For 12 Months
$0
Annual Fee
Rewards Programs
Earning and Redeeming
| Categories | Earn Rate |
|---|---|
| shopping | Earn 2 Velocity Points Per Dollar. |
| grocery, petrol, utility, telecommunication, insurance, foreign_transaction, other | Earn 1 Velocity Points Per Dollar. |
| government | Earn 0.5 Velocity Points Per Dollar. |
| Reward Program | Maximum Earn Rate |
|---|---|
| Singapore Airlines - KrisFlyer | $1 earns 1.29 KrisFlyer Miles. |
Pros & Cons
$0 Annual Fee.
Earn 2 Velocity Points per dollar when spending at Qantas.
Earn 1 Velocity Points per dollar elsewhere except with government.
Access to Amex Offers. Cashback!
Excellent 24/7 Customer Service.
High Purchase Interest Rate, if the balance is overdue.
No Cash Advance Available.
Not accepted as widely as Mastercard or VISA.
Where are the Cashbacks?
American Express offers Cashbacks via its American Express Connect portal. Here're some of the Cashback offers in 2018.
Card Details
The American Express Velocity Escape is a great no annual fee Qantas credit card. It has a $0 annual fee. It comes with Velocity Points and Cashbacks Offers.
| Product Name | The American Express Velocity Escape Credit Card |
|---|---|
| Card Image | |
| Card Network | |
| Card Issuer | American Express |
| Annual fee | $0 p.a. |
| Purchase Interest Rate | 20.74% p.a |
| Cash Advance Interest | Not Available |
| Interest Free Period | Up to 55 days on purchases |
| Foreign Transaction Fee | 3%, using American Express Exchange Rate. |
| Minimum Income | $40000 p.a. |
|---|---|
| Minimum Credit Limit | $2000 |
| Age Requirement | 18 to years old. |
| Residency Requirement | Citizen Permanent Resident Business Long Stay Visa Working Visa Student Visa |
| Additional Cardholder | Up to 4 additional cardholder, for $0 each. |
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* While official indicates $40,000, multiple applicants indicate that a stable $35,000 p.a. income is enough.
** While official indicates $3,000, customer support had confirmed that credit limit could be lowered to $2,000
*** While official indicates Citizen, PR, and Business Long Term VISA, multiple applicants indicate that, as long as you have a stable high income, VISA policy is not strictly enforced.