You get a $300 credit though on travel, that can be airlines, hotels, etc. So when I signed up for the reserve I made a large purchase that I was going to make anyways. This got me the 100,000 points. Also I stay in hotels frequently so I used up that $300 credit quick and the fee is only $150 basically, which I will make up easy with points.
This is my daily card as well. To be clear this is $300 credit per CALENDAR YEAR. Meaning if you get the $300 credit in 2016, you can get it in 2017, 2018, etc for as long as you own the card. Some people get the card say today, get $300 in credit this year, do it again in 2017 cancel the card after a year (only paying the $450 once) and net making $150 plus get the 100,000 points which are easily worth $2,000. So you net $2150 (and more with the benefits) just for applying. Those who travel, it's easily if not the best card out there