Pretty good deal for $49 annual fee in the first year (normally $149) and you earn 140,000 Citi rewards Points
140,000 Citi rewards Points convert to...
56,000 Velocity Points (2.5:1), or
46,666 Skywards Miles (3:1), or
46,666 KrisFlyer Miles (3:1)
... and quite regularly Citi & Virgin...