Asreported by CardWeb, some people are willing to pay as much as $1,500 for credit card annual fee (for one card).
Yes, you can expect this Stratus Rewards does have some selling points. Among other things, for $200,000 purchases with the card, members can enjoy a free hour of chartered flight on a seven-passenger "Citation Ultra" private jet. To speed up the process, one can pay $500 for a secondary card.
BTW, if you do want to spare $1,500 for the membership and are determined to spend more than $200,000, remember this is an invitation-only club -- you might need to seek sponsorship from an existing member or from one of the nominating partners.