The annual fee on this has risen to $550, with some new perks like Lyft Pink and DashPlus subscription.
Brad's Deals Editor Mark,
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening with the Chase Sapphire Reserve® credit card. That's $750 toward travel when you redeem through Chase Ultimate Rewards®. There's also a $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. You'll also receive 3X points on travel immediately after earning your $300 travel credit, 3X points on dining at restaurants and 1 point per $1 spent on all other purchases. There are $0 foreign transaction fees.
Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel. My favorite benefit is the ability to transfer at a 1:1 point ratio to leading airline and hotel loyalty programs, like Hyatt and United. You'll get access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority PassTM Select. Plus, get up to $100 application fee credit for Global Entry or TSA Pre✓®. One Year Complimentary Lyft Pink ($199 minimum value) is also included with the card, as well as complimentary DashPass subscription from DoorDash after activating by 12/31/21.