This would be a mediocre redemption. Spending 12,500 points to save $147.50 is only $0.0118 per point, less than half of what you should be able to realize if redeeming for business or first class travel.

1.25 X $0.0118 = 1.475%. If you intend to redeem for inexpensive economy class tickets you would do much better with a Citi Premier card (2.66%, if you fly enough)) or a Capital One Venture card (2%).