Archa offer - up to 250,000 Velocity points for issuing business credit cards

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Does this seem like a good deal to anyone?

You get 50,000-250,000 Velocity points for getting your business approved for an Archa account and issuing business credit cards to employees. You need to issue 20+ cards to get the full 250,000 points.

It's not something I would personally use.
 
We use ARCHA at work, so don't get the bonus points for a new account, but the partnership has made us sign up to VA BusinessFlyer for the ongoing points factor.
 
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