From the hyped introduction until earlier this year, the fee was $450/yr, bringing it to $150/yr with travel credit.
You also used to be able to cycle the opening bonus of 100k or 80k points every 18 months with the Preferred and Reserve. If you had a partner and were diligent about timing, it was a ridiculous amount of points.
I have a stash of bonus points and that I book hotels and trips with for years.
Previously the hotel and flight bookings in their portal were very good deals, at some point they switched to booking through a rebranded Expedia and now I would say the prices are average compared to other travel aggregators. You still get a higher value redeeming them for travel vs cash back though.
one plus side of booking through chase is that it is pretty much no questions asked cancellation refunded to your original payment method, whereas if you book through an airline good luck trying not to get "travel credits"
You also used to be able to cycle the opening bonus of 100k or 80k points every 18 months with the Preferred and Reserve. If you had a partner and were diligent about timing, it was a ridiculous amount of points.
I have a stash of bonus points and that I book hotels and trips with for years.
Previously the hotel and flight bookings in their portal were very good deals, at some point they switched to booking through a rebranded Expedia and now I would say the prices are average compared to other travel aggregators. You still get a higher value redeeming them for travel vs cash back though.