It is a little disappointing. If it can be combined with SuperValu it would help (but that's still just 1 point per €10). No real benefit if you have status (those flights are nearly useless, EU flights are mainly taxes and charges which you still have to pay and there is a convoluted booking method).
Only advantage is being able to bring wife through fast pass etc. when I fly with her. If it included ihe lounges at LHR and JFK it would help. They have the beginnings of a good card, but a bit to go before it's worth it. (Would you even make back the monthly fee at the moment?)