It’s anecdotal but Chase Sapphire Reserve is easily the best card I own and I have an Amex Platinum.
Basically they pay her/him to have the card.
^Without the ridiculous restrictions that Amex has in its equivalent perk.
Have you actually done the math?
3 points/$1 and each point at an airline is generally worth around 1.5 cents, so it's equivalent to getting maybe 5% cash back at restaurants. Compare this to the Uber card where you get 4% cash back on dining. For the 1% to break even with the $450 annual fee - $150 credit = $300 net, you need to average at least ~$40 on dining/travel on your credit card per day. And then you have to make sure you only use the points for trips that you would have already gone on anyway on cold hard cash, otherwise you're just spending far more money on food/hotel/rides/etc.
I don't know about you but it's an understatement to say that I'm skeptical this comes out to the benefit of the majority of the card's users.
$450 renewal fee, $300 annual travel credit, so the card costs $150 per year.
With points valued at $0.015, you need to earn 10,000 points to break even (150/0.015).
You get 3 points for every $1 spent on food/travel, so you need to spend $3,333/year on those categories to break even. Personally I spend way more, so the card is definitely worth it to me.
I got the uber credit card which i think is a lot better since there is no fee and it is straight cash back (point value can change any time they want).