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50k points are worth $750 - so that's a free international flight right there! And the best part is, pretty much all airlines are on the table (you aren't restricted to flights from one airline alliance), and the flights you book still will still count towards elite status (elite qualifying dollars, miles, segments) - which isn't the case when redeeming miles for free flights via airlines. This can be easily redeemed (in like seconds, it's amazing) through the Chase Ultimate Rewards Travel Portal.

While the Chase Sapphire Reserve card benefits are quite extensive, I’ll start with the most obvious initial perk - the 50k sign on bonus. Although it comes with a hefty annual fee ($550/year as of Jan 2020), the perks and earning potential more than make up for that. If you're in the market for a new travel credit card or just love traveling and travel perks - you should absolutely have the Chase Sapphire Reserve card in your wallet and I'm about to explain why. Each year I think I’m going to cancel it and then I ultimately decide the travel benefits outweigh the cost! In fact, after years of churning cards to collect airline points, this card finally hooked me. But a year later at renewal, I was so convinced the Chase Sapphire Reserve benefits more than made up for the cost that I did NOT cancel it after all.

I’m a longtime fan of the Chase Sapphire Reserve card….having signed up in the very beginning - I had every intention of cancelling the card after collecting the bonus so I didn’t have to pay the hefty $450 annual fee again (UPDATE: as of Jan 2020 fee has gone up to $550).