To me it does not seem like a good deal, unless you already are planning a RTW trip or reside in Europe. Last winter's OW bonus was much easier to get. I did 4 different OW carriers for 50K including an IB BIL-BCN and CP YYZ-LGA for 2 of the carriers. And you have to fly during prime time, so the fares won't be cheap. I'll pass on this one.