I had the MBNA SPG Mastercard for quite a few years and enjoyed their rewards, especially getting Sheraton rooms using cash and points. Great deal. When it was cancelled, MBNA sent me a Travel Rewards Elite card which I don't think I will keep. I did get the new AMEX SPG card and has has been stated, it is free for the first year and you get 11,000 points. I cannot see myself paying $100.00 plus to have a CC though so I will probally cancel it after the 1'st year.