Amex Velocity Business Card Australia 100,000 Velocity Points, Virgin Australia lounge passes and points on ATO payments for $249 p.a.

Why the American Express Velocity Business Card suits Aussie businesses

For small and medium businesses across Australia, the American Express Velocity Business Card delivers a clear value proposition: hefty Velocity Points rewards, practical travel perks and seamless accounting feeds. With an annual fee of $249, it’s positioned for business owners who travel or pay significant ATO invoices and want to turn everyday spending into tangible business travel benefits.

The card’s welcome offer and ongoing earn rates make it easy to accumulate Velocity Points quickly. Earning up to 2 Velocity Points per $1 on eligible purchases — including ATO payments — helps businesses rack up points for Virgin Australia flights, upgrades or broader Velocity Frequent Flyer redemptions without changing usual cash flow habits.

Key perks: lounge access, insurance and accounting integrations

Two Virgin Australia lounge passes each year are a practical perk for busy owners flying domestically, while complimentary travel insurance covers both local and overseas trips. These benefits, combined with Velocity Frequent Flyer status extras, make the card attractive for teams that need flexibility and peace of mind on business travel.

Automatic feeds into MYOB, Microsoft Excel and Quicken save hours on reconciliations and reduce human error, so businesses get up-to-date expense data. Employee cards are available for $99 per additional card, which can centralise spend, boost Velocity Points earnings and improve expense control.

Fees, eligibility and real-world value

The $249 annual fee plus a 3% foreign transaction fee are important to factor in, but the overall value depends on how much your business spends and whether you redeem Velocity Points for high-value flights or upgrades. For many Aussie SMEs, points earned on regular ATO payments alone accelerate rewards accumulation.

Eligibility generally requires a business turnover threshold and personal credit assessment, so prepare basic financials when applying. If your firm spends on flights, accommodation and tax payments, the points yield can easily offset the annual fee and deliver real savings on travel and staff perks.

How to make the most of Velocity Points

Use Velocity Points strategically: target long-haul or business-class redemptions to maximise value per point, or combine points with cash for flexible bookings. Points are especially valuable on routes serviced by Virgin Australia and partner airlines, and the promotional 100,000 bonus points for new card members can jump-start a robust rewards balance.

Track redemptions and keep an eye on seasonal saver seats to stretch your Velocity Points further. For Aussie businesses wanting both operational convenience and travel rewards, the American Express Velocity Business Card converts everyday spend — including ATO payments — into meaningful business travel benefits and lounge access.