9 visits to the admiral's club (4ish round trips) = annual fee covered versus buying AC day passes.

Earning miles for money spent (2x on AA purchases)

No foreign transaction fees

I mean, I could just start copy-pasting card benefits, but I think you probably actually know what they are already. Your post infers that you don't want the card. So don't get the card if you don't want it. For me it's my everyday use card, and I earn a lot of miles with it. Between my signup bonus and using it to pay for furnishing a new house, I earned enough miles to take 3 family members to Europe this year.

YMMV I guess. It's not for everyone, despite the fact that they shove the ads down everyone's throats.