It's worked out well for me. I have two Avion Platinums (personal and my company), in 2 years Ive made enough points for another $1200 in gift cards, so even with the 2x annual fee I'm up around $700 in *free* money. Of course I never carry a negative balance and pay interest fees, otherwise it'd be a different story.Nice! That is a pretty nice discount.
I know it's not the best rewards Visa, but it's worked well for me with the travel coverage. I'll have to take some time now that I've drained the points account to determine if there's a better card out there for me at the moment though.