Moderator: Hawaii-based airlines & Hawai'i forums
Join Date: Mar 2003
Location: Ka ʻĀpala Nui, Nuioka
Programs: NEXUS/Global Entry, Delta, United, Hyatt, IHG, Marriott, and Hertz
Posts: 18,038
I used to work for BofA in Southern California and they had a membership that was used for corporate functions (we had a few division off-sites at Club 33) and business promotion (read - taking high value customers/prospects out).
A company as large as BofA has no problems making use of the benefits and ensuring the membership is in consistent use. I'd question if the OP could sustain similar levels of activity; otherwise, it seems a lot to pay.