Sorry guys, you do not get any bonus points.
You get an advance of up 200,000 WhyWait Points, which have to be paid back within 15 months (something like amex membership rewards point advance)
A few highlights about the card
1. You get 50% bonus annually on points you earn (making this a 1.5% cash back card)
2. You can purchase points at 0.01 each. Airline tickets cost 25,000 points + $15 fee.