Lucky has the details. I don’t have much to add.
This is the best credit card offer out there by far. I assume it will be available only briefly, so consider getting it now.
The $450 annual fee should not deter you. You can get $200 in airline gift certificates for free today. And you can get $200 more next January before you pay the next annual fee.
Here’s a definitive list Bill made of the airline gift certificates that are reimbursed under this benefit.
If you don’t yet have Global Entry, the $100 fee is reimbursed. This benefit will save you countless hours over the life of your passport when entering the country. I know it has for me. See Why and How I Got Global Entry.
That’s $500 in value right there that cancels out the annual fee.
Don’t know how to use 100k Membership Rewards? Tahsir had an incredible series on the topic that I’ll be editing, updating, and posting shortly.