$50k within one year, so called +3 status, they give me unlimited transatlantic companion tickets on British Airways; elite membership status match in AAdvantage program; three nights stay for the price of two at leading hotels around the world; a free tank of gas with Hertz for car rental; business to first class upgrade; upgrades and privileges at the Leading Hotels of the World and an invitation to their Leader's Club (I don't know what it is );my own personal Merrill Lynch Concierge 24/7(If I want to eat at a hot restaurant in NYC or for a broadway show, give concierge a call and he will take care of it for me);special prices for wines. Plus I earn one point for each dollar spent for plane tickets, gift cards, etc.