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Amex Earning Velocity Points

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Old Aug 6, 2015, 12:29 am
  #1  
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Join Date: Jul 2015
Location: Australia
Programs: Virgin Velocity
Posts: 58
Amex Earning Velocity Points

Hi there,

Quickly - Just paying an ATO bill with my Amex Velocity card (Platinum) and wanted to know as it varies with purchases...

If you have an ATO bill of $1000.00 will you get 1000 velocity points? 1:1 ratio? Or is there a bonus/double?

Cheers.

Matt.
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Old Aug 6, 2015, 12:45 am
  #2  
 
Join Date: Aug 2007
Location: SYD
Programs: |QF Platinum|DL Platinum|HH Gold|ALL Silver|
Posts: 1,738
You'll only earn 500, so you need to make sure the Amex surcharge is worth it.

https://www.americanexpress.com/au/c...city-platinum/


You will earn:

• 3 Velocity Points3 per dollar spent on eligible Card purchases at:

- Virgin Australia3

- Tens of thousands of restaurants in Australia3

• 2 Points per dollar spent3 on eligible Card purchases at:

- Airlines, accommodation, major cruise and tour operators paid directly or through travel agencies3

- Spend in foreign currency when overseas and online

• 1 Point per dollar spent3 on eligible Card purchases at:

- All other providers, excluding those below

- Insurances offered by American Express

• 0.5 Point per dollar spent3 on eligible Card purchases at:

- Utilities which are gas, water and electricity providers

- Insurance offered by companies other than American Express

- Telecommunication providers which includes goods and services purchased from phone, mobile and internet service providers

- Government bodies including the Australian Taxation Office, Australia Post, federal/state and local government bodies
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Old Aug 6, 2015, 12:49 am
  #3  
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Join Date: Jul 2015
Location: Australia
Programs: Virgin Velocity
Posts: 58
Booo.... well... at least I'll earn 8500 points!
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Old Aug 10, 2015, 12:12 am
  #4  
 
Join Date: Aug 2007
Location: SYD
Programs: |QF Platinum|DL Platinum|HH Gold|ALL Silver|
Posts: 1,738
Originally Posted by MattJ
Booo.... well... at least I'll earn 8500 points!
AS long as the after tax cost of paying with Amex is less than the value you can get with 8,500, go for it...
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