Completely agree. To justify any annual fee, in current environment, you need to be not just good but outstandingly good. I have only one card that has annual fee and that one pays 6% back (not everywhere, but where I use it enough to be worth it). There are 2% cards around with no annual fee.

So what I am getting is virtual CC numbers (which is not really new) with package that is rather sub par. I mean, I get the technological end, it's very neat, but when I compare cold hard (plastic :) cash, this card does not look appealing to me.

As for CC breaches and changing numbers, yes, it's annoying, but for me not annoying enough to commit to a card that on relative calculation would cost me couple of hundreds of dollars per year.