Pretty hard for me to get excited about this. I mean, how much are you really putting on a debit card? I'd rather get 1% cashback with Discover debit vs 0.5 MR/$1.

I suppose if the following is true:

You have significant spend that can only be on real debit cards

AND

Visa gift cards can't be used as debit

AND

AMEX debit can be used (lots of debit is still specifically Visa/MC)

AND

It's under $5k/day

AND

AMEX won't shut you down for ploughing significant volume

It could be a good account.

Personally, I'll just wait until they over a SUB. The card looks cool.