American Express Velocity Business Card

charge card

Velocity Business Card is a charge card from American Express, read from the issuer's own page and Key Facts Sheet where it publishes one. The feed gives it no purchase rate. The issuer calls it "The American Express Velocity Business Card".

Not ranked: a charge card: the balance is paid in full each month, so its rate is not comparable.

What the issuer states

Purchase rate

not in the feed

Interest-free days

up to 51

Card fee

$249 a year (Annual Fee)

Foreign transaction fee

3.5% of the transaction

Rewards programme

Velocity Frequent Flyer

Scheme

American Express

Conditions and offers

• read from the issuer's own page, each figure quoted and re-read daily
• Late payment fee: three percent or $20, whichever is greater, on any overdue amount (the issuer's fees page).
• for businesses with annual revenue of $75,000 or more
• applicant must be a director or controller of a business with a valid ABN registered for GST
• Australian citizens or permanent residents only (no visa holders)
• $99 a year per employee card (up to 99)

Data

• American Express's own page for this card.
• The issuer's own documents: terms and conditions, fees.
• The sentences each figure was quoted from, re-read daily: "Annual Fee $249 p.a" (annual fee, found today); "Cash Flow Period Up to 51 days to pay for purchases" (interest free days, found today); "Three percent (3%) or $20, whichever is greater, will be charged on any overdue amount." (late payment fee, found today).
• /au/finance/credit-cards/v1/brands/american-express.json: this issuer's cards as JSON; American Express's page lists them.
• The dataset's data is as of 2026-11-12. Rates are per annum as the issuer states them; "stale" means a sentence these figures were quoted from could not be found on the issuer's page today.

Other cards at American Express

• Essential Rewards Credit Card credit card, 23.99%, $108 a year
• Explorer Credit Card credit card, 23.99%, $395 a year
• Low Rate Credit Card credit card, 10.99%, $0 a year
• Platinum Edge Credit Card credit card, 23.99%, $195 a year
• Platinum Reserve Credit Card credit card, 23.99%, $0 a year
• Qantas Discovery Card credit card, 23.99%, $0 a year
• Qantas Premium Card credit card, 23.99%, $249 a year
• Qantas Ultimate Card credit card, 23.99%, $450 a year
• Velocity Escape Plus Card credit card, 23.99%, $95 a year
• Velocity Platinum Card credit card, 23.99%, $440 a year
• Business Gold Plus Card charge card, $395 a year
• Platinum Business Card charge card, $1,750 a year
• Platinum Card charge card, $1,450 a year
• Qantas Business Rewards Card charge card, $450 a year