Business Credit Cards That Earn Velocity Points
Compare business credit cards that earn Velocity Points and Status Credits, have lounge access, and offer other travel benefits for businesses.
Comparing of 9 business credit cards that earn Velocity Points
Rewards program
Membership Rewards
Points per $1 spent
2 Membership Rewards Points
Sign up bonus
50,000 Membership Rewards Points
Annual fee
$149.00 p.a. ongoing
Details
- Earn 50,000 Bonus Membership Rewards Points when you apply online, are approved, and spend at least $3,000 within 3 months of approval. Exclusive to new American Express Card Members.
- Includes 2 Centurion Lounge passes per year at Sydney and Melbourne airports.
- Receive complimentary travel insurance when you book your return flight with your card.
Pros & cons
Pros
- Earn up to 2 points per $1 spent on eligible purchases.
- Earn 1 point per $1 spend on ATO and government transactions.
- Use your points to pay off transactions, utilities, annual fee and more.
- Redeem your rewards for flights, hotel reservations, or car rentals.
- Transfer points to Virgin Australia, Air New Zealand and Hilton Honors.
- Shop with your points at Apple, Ikea, JB Hi-Fi and more.
- No fee for up to 99 employee cards.
- Up to 55 interest-free days.
- With the Amex App, you can Monitor business spend and activity 24x7.
- Manage your account anytime and anywhere with Live Chat Service
Cons
- There is an annual fee of $149.
- A 3% foreign transaction fee is in effect.
- There is no balance transfer offer.
- Cash advances are blocked, which might be inconvenient for some.
Rewards program
Velocity Frequent Flyer
Points per $1 spent
1 Velocity Point
Sign up bonus
120,000 Velocity Points
Annual fee
$249.00 p.a. ongoing
Details
- Earn 120,000 Bonus Velocity Points when you apply online, are approved, and spend at least $3,000 within 2 months of approval. The offer is valid for New American Express Card Members exclusively.
- Earn 2 points for every $1 spent on Virgin Australia services and up to 1 point per $1 spent on other transactions. Earn 0.5 points per $1 on ATO and government expenditures.
- Get 2 complimentary single-entry passes to the Virgin Australia Lounge at chosen domestic airports annually.
Pros & cons
Pros
- Receive 120,000 bonus Velocity Points when you meet the criteria.
- A charge card that has no pre-set spending limit.
- You have up to 51 days to pay for purchases.
- Add up to 99 employee cards.
- Use your points to pay off transactions, utilities, annual fees, etc.
- Redeem your Velocity Points to upgrade flights, book hotel reservations, and car rentals.
- There is no limit to the amount of points you can earn.
- Set up monthly points transfer to your Velocity account.
- Option to pay off a portion of your balance.
- With the Amex App, you can monitor business spending and activity 24x7.
Cons
- The annual fee of $249 p.a.
- Each employee card costs $99 p.a.
Rewards program
Membership Rewards
Points per $1 spent
2.25 Membership Rewards Points
Sign up bonus
300,000 Membership Rewards Points
Annual fee
$875.00 for 1st year
Details
- Get 300,000 bonus Membership Rewards points by applying before 4 November 2025, getting approved, and spending $12,000 on your card within the initial 3 months. Exclusive to New American Express Card Members.
- Reduced first-year annual fee of $875 (regularly $1,750 per year).
- Earn up to 2.25 pts per $1 spent.
- Enjoy exclusive Platinum travel, experience, and dining privileges.
Pros & cons
Pros
- The offer of 300,000 bonus Membership Rewards points when you meet the criteria.
- Earn up to 2.25 pts per $1 spent and 1 point per $1 spent at the ATO.
- Access to more than 1,400 lounges globally, including The Centurion® Lounge.
- Gold status match at Marriott Bonvoy, Hilton Honors, and Premium status at Radisson Hotel Group.
- Get the Amex Experiences App to access information on Platinum benefits, travel offers, events and recommended merchants.
- Add up to 99 employee cards at no extra cost.
Cons
- The annual fee of $1,750 p.a. after the initial year.
- Since this is a charge card, the balance must be cleared every statement.
- No balance transfer facility.
Rewards program
Membership Rewards
Points per $1 spent
1.50 Membership Rewards Points
Sign up bonus
200,000 Membership Rewards Points
Annual fee
$395.00 p.a. ongoing
Details
- Receive 200,000 Membership Rewards bonus points by applying before 7 October 2025, getting approved, and spending $5,000 on your card within the initial 3 months. Exclusive to New American Express Card Members.
- Receive up to $550 credit back for spend with Xero, Google Ads, Meta, Amazon Web Services and Dell. Terms and Conditions apply.
- Earn 3 points per $1 spent on Xero, Google Ads, Meta, Amazon Web Services and Dell, up to 2 points per $1 spent on AccessLine, 1.5 points per $1 spent on everyday spend, and 1 point on government spend.
Pros & cons
Pros
- Receive 200,000 bonus Membership Reward points when you meet the criteria.
- Earn unlimited points with no cap, and your points never expire.
- Membership Rewards points can be transferred to airline and hotel partners, including Virgin Australia, Air New Zealand, and Hilton Honors.
- You can also redeem your points for gift cards from top retailers like Apple, IKEA, JB Hi-Fi, and more.
- Add 2 employee cards at no extra cost.
- Experience enhanced flexibility with no pre-set spending limit.
- A flexible Payment Option is available to spread costs over time for a portion of your balance.
- Travel worry-free with complimentary domestic and international travel insurance, covering trip cancellations, delays, lost baggage, medical emergencies, and more.
- Supports Apple Pay, Google Pay, and Samsung Pay.
Cons
- Once a total of 200,000 points is earned in a calendar year, the everyday business earn rate will change from 3 to 1 point per $1 spent.
- The $75 fee for every additional card added.
- Doesn't offer airport lounge access.
- No access to concierge services.
Not available for application via this website
Rewards program
NAB Rewards
Points per $1 spent
1.25 NAB Rewards Points
Sign up bonus
200,000 NAB Rewards Points
Annual fee
$175.00 p.a. ongoing
Details
- Receive 200,000 NAB Rewards Points upon spending $4,000 on everyday purchases within 60 days.
- Triple the earning rate on overseas spending or purchases made at overseas stores and suppliers from Australia.
- Double the earn rate on purchases made at partner departments and hardware stores.
Pros & cons
Pros
- Receive a generous 200,000 bonus NAB Rewards Points when you spend $4,000 on everyday business purchases within 60 days of opening your account.
- Earn 1.25 NAB Rewards Points per $1 spent on eligible everyday business purchases, with no cap.
- ATO payments earn NAB Rewards Points at the same rate as everyday purchases.
- NAB Rewards Points can be transferred to several other airline rewards programs, making it easier to find an awards seat.
- Up to 44 interest-free days on purchases, giving you more flexibility and breathing room with your business expenses.
- Complimentary NAB Commercial Cards Unauthorised Transaction Insurance and NAB Commercial Cards Transit Accident Insurance.
- Works with major digital wallets, including Apple Pay, Google Pay, and Samsung Pay.
Cons
- Additional cardholders don't come cheap.
- Lacks complimentary international travel insurance.
- No complimentary airline lounge passes.
Not available for application via this website
Rewards program
ANZ Business Rewards
Points per $1 spent
1.50 ANZ Business Rewards Points
Sign up bonus
100,000 ANZ Business Rewards Points
Annual fee
$300.00 p.a. ongoing
Details
- Earn up to 150,000 extra Business Reward Points. Earn 100,000 points when you spend $6,000 in the first 3 months, plus 50,000 more when you keep the card for 15 months.
- Earn 1.5 Reward Points per $1 spent on eligible purchases up to and including $10,000 per statement period.
- Receive complimentary Unauthorized Transactions Insurance, International Travel Insurance, and Transit Accident Insurance for overseas travel.
Pros & cons
Pros
- Substantial sign-up bonus for new qualifying customers.
- Earn 1 Point per $1 spent on eligible business purchases.
- Tax payments to the ATO also earn points (at a reduced rate).
- Points can be transferred to several different airline frequent flyer programs.
- Comes with complimentary international travel insurance.
- Also has extended warranty, fraud protection, purchase protection insurance, and transport accident insurance.
- Cardholders have access to ANZ's concierge service.
- Add unlimited cardholders for free to share the account with staff.
- Works with Apple Pay, Google Pay, and Samsung Pay, making payments more convenient.
- Get a data feed for Xero, MYOB, and QuickBooks, making accounting and bookkeeping more streamlined.
Cons
- Transactions made in a foreign currency or online attract a 3% fee.
- No introductory offer on purchases and interest is charged at 20.24% p.a.
- No balance transfer offer.
- Earn rate drops after $10,000 spent per statement period.
Not available for application via this website
Rewards program
Amplify Rewards
Points per $1 spent
1 Amplify Point
Sign up bonus
N/A
Annual fee
$0.00 for 1st year
Details
- Earn points without limits, no matter how much you spend.
- Earn double Amplify points on eligible overseas transactions.
- Includes Transit Accident Insurance and Unauthorised Transaction Insurance, ideal for business trips and transactions.
Pros & cons
Pros
- The $0 annual card fee for the first year saves you money while enjoying the card's benefits.
- Earn 1 Amplify point per $1 on domestic transactions and 0.5 Amplify points on government payments.
- Share your account benefits with 3 additional cardholders at no extra cost.
- Simplify tax reporting by exporting expenses directly into MYOB and BAS or through an Excel file.
- Convert your points for appliances, gift cards, charitable donations, entertainment, and more.
- Turn your points into travel opportunities by booking a domestic or international flight.
- Use your points with leading frequent flyer programs such as Virgin Australia's Velocity program or Singapore Airlines' KrisFlyer program for added flexibility.
Cons
- The cash advance rate is 20.24% p.a.
- Foreign transactions incur a 3% fee but earn 2x points on eligible overseas spending, letting you maximize rewards.
Not available for application via this website
Rewards program
Altitude Rewards
Points per $1 spent
1 Altitude Rewards point
Sign up bonus
N/A
Annual fee
$0.00 for 1st year
Details
- Earn 1 Altitude Point on eligible overseas and local transactions, then 0.5 points on government payments, offering tailored rewards based on your spending.
- Redeem Altitude Points for business rewards such as travel, flights, merchandise, or gift vouchers, making it versatile for personal or business use.
- Transfer points to five frequent flyer programs, including Qantas, Velocity, Air New Zealand Airpoints, KrisFlyer, and AsiaMiles, for added travel flexibility.
Pros & cons
Pros
- $0 annual fee in the first year, saving you $150 upfront.
- Add 1 additional cardholder at no extra cost.
- Offers 4.99% p.a. for 12 months on balance transfers, with no BT fee, making it easier to manage debt.
- Get a credit limit from $1,000 to $80,000, providing flexibility to support your personal or business needs.
- Comes with complimentary international travel insurance, Interstate Flight Inconvenience Insurance, Overseas Transit Accident Insurance, plus extended warranty and purchase protection for added peace of mind.
- Simplify tax reporting by linking automated bank feeds like MYOB, QuickBooks, and Xero to your system.
- Compatible with Apple Pay, Google Pay, and Samsung Pay.
Cons
- There is a 3% fee if you use your card overseas.
- Points are capped at 20,000 per statement cycle, which is ideal for moderate spenders.
Not available for application via this website
Rewards program
Altitude Rewards
Points per $1 spent
1 Altitude Rewards point
Sign up bonus
N/A
Annual fee
$0.00 for 1st year
Details
- Earn 2 Altitude Points with overseas transactions, 1 point with local merchants, and 0.5 points on government payments, offering tailored rewards based on your spending.
- No cap on how many points can be earned from eligible spending.
- Redeem Altitude Points for business rewards such as travel, flights, merchandise, or gift vouchers, making it versatile for personal or business use.
- Transfer points to five frequent flyer programs, including Qantas, Velocity, Air New Zealand Airpoints, KrisFlyer, and AsiaMiles, for added travel flexibility.
Pros & cons
Pros
- Add 1 additional cardholder at no extra cost.
- Offers a credit limit from $20,000 to $150,000, providing flexibility to support your personal or business needs.
- Use the Concierge Service to book experiences online, including exclusive tickets, last-minute reservations, and more.
- Comes with complimentary international travel insurance, Interstate Flight Inconvenience Insurance, Overseas Transit Accident Insurance, plus extended warranty and purchase protection for added peace of mind.
- Simplify tax reporting by linking automated bank feeds like MYOB, QuickBooks, and Xero to your system.
- Compatible with Apple Pay, Google Pay, and Samsung Pay.
Cons
- No sign-up bonus offer at the moment.
- After the initial year, you will be charged a $200 p.a. annual fee.
- Allows only 1 additional cardholder, which may suit smaller households or businesses.
