Seriously, I’ve done similar offers in the past for offers like these, it’s been a while since I’ve seen them worth this much. This is for a Chase card and it looks like after your first month’s purchase you get 25,000 points to fly (up to $312.50 because you get a 25% bonus for booking on-line) or you can turn that into gift cards. 
I read somewhere you could also turn that into cash, but I haven’t actually done that before (I’ve signed up for cards with $250 rewards for first purchase though).
Make sure you click on a link at the site that says you get the 25,000 bonus; if not, you’ll just get 10,000. I got there from this link.
Who knows how long this will last, but if you’ve been dying for an iPhone 3gs, here you go…
Yes, it seems too good to be true, but what do you have to lose. If it doesn’t work just cancel the card. No annual fee for the first year.
Found at SlickDeals.net. I just signed up and was approved on-line. PS – You might have noticed I’ve redone the ads around the site, but this is not any kind of a referral link that benefits me.
