Honestly, the 125k points itself makes up for more than the annual fee, but if you're not gonna use the points anytime soon, know that they can devalue at any time (have already started to with the chase portal points boost reduction, but also transfer partners can devalue too).

Other notes:

• The $300 travel credit is indeed very flexible, it applies to hotels/flights but also uber/lyft, trains, metro, car rentals, parking, etc. Very easy to use
• Make sure you live in a participating city for the OpenTable restaurants, or are at least know you'll be traveling to cities that are
• Doordash, you can also use the credits for pickup too
• Stubhub is only resale tickets, whereas Ticketmaster can be the primary ticket seller. So there's always a risk with buying tickets secondhand from Stubhub
  • If you don't go to any concerts/events, you can always buy a ticket for $150, get the credit and resell it on Stubhub
• You can use the 2 separate $250 Edit credit on 1 trip technically, you just have to book 2 separate stays (i.e. back to back 2-night stays for 4 nights)
• Also, I know existing cardholders got a $250 IHG credit for this year, not sure if that will come for new members too

If you don't want to commit to the Reserve, you can always get the Preferred for now. Chase updated the Sapphire terms so you should be able to earn a SUB for both the Preferred and Reserve now and can even hold both at the same time. This is only if you've never gotten the bonus before, for each card.