I just received an email offer for this card. No bonus, but it is a no-annual-fee card that offers a $100 statement credit on eligible travel purchases for every 7500 points earned, which comes out to $0.0133~/point. Also 0% APR for the first 6 months.

Not quite compelling to me, since I use my miles for international C, but for those who redeem for domestic Y it might be useful, and for hotel nights, car rentals, etc., certainly. 7500 points for a $100 hotel is decent.

Is this new or has it been around a while? If they'd thrown in a few bonus points, I'd probably have applied.