I think you're missing his point. He never said that the card isn't valuable, or that the rewards were not worth it. All he said was that it's not considered "g

I think you're missing his point. He never said that the card isn't valuable, or that the rewards were not worth it. All he said was that it's not considered "genius" if you need to continuously lose money hand over fist by giving away freebies to attract people to your product. It's "genius" when you don't have to do that.