Update: Links fixed.
25,000 AMEX MR points can be easily transferred into 25,000 Continental miles.
25,000 Continental miles is enough for a domestic ticket, or burn the card 3 times and use their 70,000 mile coach award ticket to Israel, or save up for the 100,000 mile business-first class ticket to Israel!
There is no fee for one year.
Other card benefits:
-Additional Baggage Insurance: Up to $1,250 for carry-on and $500 for checked.
-Event Ticket Insurance: If you can’t go to a ticketed event due to a medical emergency, or if your ticket is stolen, you can get a refund.