Sign-up bonus: Earn 100,000 bonus points after spending $4,000 on purchases in your first three months as a card holder. That's "worth at least $1,500 if you redeem them directly for travel," Kelly explains.
Point earning: Earn three times points on travel and dining, and one point per dollar spent on all other purchases. "Having any type of triple points category is nice by itself, but when it applies to travel and dining purchases, that's a powerful combination," Kelly notes.
Travel credit: You'll get a $300 annual travel credit reimbursement each calendar year. "The $300 rebate in travel brings [the annual fee] down to $150 a year in my eyes," says Kelly.
Additional perks: The Reserve grants you access to more than 900 airport lounges worldwide, you'll receive a $100 application fee credit for Global Entry or TSA Pre-check, and there are no foreign transaction fees.
"You may think that it's crazy to pay $450 for a credit card," the travel guru writes, "but as you can see, all of these premium travel rewards cards carry a host of benefits that can easily cover that fee (and then some)."
Read Kelly's full review of the Chase Sapphire Reserve.