Ripped from FW:

• Earn 6 flexible rewards points for every dollar in everyday purchases (gas, grocery and drugstore purchases) for 12 months, 1 flexible reward point for everything else
• $50 bonus upon signup — technically, they give you 6,000 bonus points which can be redeemed for $50 cash back check or gift certificate
• 0% APR for 12 months
• No annual fee
• Call 1-888-735-4870 and specify offer code LB0

According to the ad scan, the offer ends August 31, 2006.