Originally Posted by Astrophsx

I'm in no way stating that they are hiding the annual fee or misleading people. I'm just pointing out that they've turned credit card shilling into an art form. It takes talent to persuade someone to fork over $450 for a credit card. I've heard some figures tossed around on how much a few bloggers made when a particular card reached a 100k bonus and it was jaw dropping (if the figures are accurate). So if you get excited at a limited time sign up bonus offer... the bloggers are probably even more excited than you. It also goes back to the Randy Petersen quote, something about a blogger who dedicates at least 7 out of 10 posts to travel and not credit cards. It may only take a big bonus here and there to keep a blog in the black so that a majority of the posts can be travel related... thus the importance of the blogger's ability to sell a card like this one.

You guys are correct that only a particular type of reader is going to be interested in a card like this, but I am assuming with the high annual fee that it provides a larger $ referral.