That is the fee for a Corporate card to participate in Membership Rewards. Typically the employee is required to use the Corporate card for certain work related expenses. The annual fee for the card itself is paid by the employer, but the employee must pay $75 per year to receive points on the purchases made with the card. leland's challenge is to decide if an extra 15 to 30,000 points is worth $75. I think it's straightforward: $75/15000 = $0.005 each and the points are worth at least $0.01 each, but much more if transferred to an airline program.
Mia got this right on the head.
What I'm not a fan of is that I need to join prior to any purchases not just in the same billing statement cycle for things to count, as obviously I'm thinking this over after having just spent $5k on airfare
I appreciate the straightforwardness of the math. Unfortunately, because I just spent that $5k, I could be dipping below breakeven now... May give it a shot anyway.