TLVorbust

I received this offer yesterday from CO. I would never jump at the offer except that they now will give me a year of Presidents club as well as $100 in my "travelbank" I am seriously considering this.

I am curious if anyone else has received this offer and if you are considering it. What do you think about it?

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We're honored to introduce our new premium product, the Continental Airlines Presidential Plus(SM) World MasterCard® — a new loyalty card for our most valued customers.

In addition to earning OnePass® miles for all purchases, you'll receive*:

* A Presidents Club® membership
* EliteAccess® Priority Airport Services
* Flex Elite Qualification Miles
* Double OnePass miles on hotel stays, car rental purchases and Continental tickets
* An invitation to join an exclusive Avis® program that allows you to bypass the counter and go straight to your car with up to a two-car class upgrade
* Complimentary Hyatt Gold Passport® Platinum Membership

As a Continental Airlines Presidential Plus(SM) cardmember, you'll receive all of these premium benefits for an annual fee of $375. If you apply for the Continental Airlines Presidential Plus(SM) Card by Dec. 31, 2007, and are approved, you'll also receive a $100 deposit into your TravelBank account, which you can use toward purchasing travel on Continental Airlines.**