Well, I did just sign up for the WorldPerks University, they have a few VERY good promotions. Now that I'm seeing the value of these points, I might try for the 35,000 points to Hawaii.
Originally Posted by pinniped
Agreed - airline credit cards, as compared to SPG Amex, are nearly all a bad deal in the long run. (There are occasional exceptions related to promotions or bonus elite-qualifying miles, but as a rule, airline credit cards are a bit weak.)
But...viewed simply as a sign-up bonus in exchange for one annual fee, they can be worth your while.
For example, a 20k upfront offer with a $75 annual fee is likely well worth it if you have a use for the miles. Just make sure you cancel that card within the first year.