Terms and Conditions

Cards are offered, issued and administered by American Express Australia Limited. Credit provided by American Express Australia Limited (ABN 92 108 952 085). Australian Credit Licence No. 291313. American Express Australia Limited ABN 92 108 952 085 ® Registered Trademark of American Express Company. Applicants must be 18 years of age or over, reside in Australia and earn a minimum income of $40,000 per annum to apply for the American Express Velocity Gold Card. American Express income and credit approval criteria applies. Subject to Terms and Conditions. Interest rates, fees and charges apply. All interest rates are quoted as an Annual Percentage Rate. All information, including fees, charges and interest rates, are correct as at 6 March 2012 and are subject to change.

*Offer only available to new American Express Velocity Gold Card members who apply via the above Apply links, are approved by 31 October 2012 and spend $500 in the first 3 months of American Express Velocity Gold Card membership. Please allow 6 to 8 weeks after the $500 spend benchmark has been met for the 20,000 Velocity Points to be awarded to the Card member’s Velocity Account.

⁺Velocity Points are earned in accordance with the American Express Velocity Cards Points Terms and Conditions available here. Exclusions apply. Velocity membership and Points earn and redemption is subject to the Velocity Membership Terms and Conditions available at virginaustralia.com/velocity, as amended from time to time. Earn rate of 2.5 Points per $1 spent on Virgin Australia group of airlines only applies to purchases made in Australia.

^Virgin Australia lounge entry passes are subject to the American Express Velocity Gold Card Benefits Terms and Conditions available here. Two single entry passes to the Virgin Australia lounge will be activated on the Basic Cardmember's Velocity membership card annually on or after the anniversary of membership. The Virgin Australia lounge is operated by Virgin Australia Airlines Pty Ltd in selected domestic airports in accordance with the Virgin Australia lounge Terms and Conditions, available at virginaustralia.com/lounge and as amended from time to time.

**American Express Velocity Gold Card Insurances are underwritten by ACE Insurance Limited (ABN 23 001 642 020, AFSL No. 239687) (ACE) and are subject to the terms, conditions and exclusions contained in the American Express Velocity Platinum Card Insurances policy of insurance between American Express Australia Limited (ABN 92 108 952 085, AFSL No. 291313) (American Express) and ACE. This brochure does not take into account your objectives, financial situation or needs. It is important for you to read the Terms and Conditions available here and consider the appropriateness of that insurance in relation to your individual requirements.

⁺⁺The 0% p.a. interest rate is only available on new purchases after your application is approved. New purchases made in the subsequent six-month period from/after the first purchase on your Card will be subject to promotional interest rate. After the six-month introductory period, the interest rate for purchases will revert to the prevailing interest rate at that time. Any balances transferred from your existing American Express Card and any cash advances are excluded from the 0% p.a. introductory promotional interest rate. Interest rates are current as at 6 March 2012 and subject to change.