[atupem]

Correct me if I'm wrong...

$450 renewal fee, $300 annual travel credit, so the card costs $150 per year.

With points valued at $0.015, you need to earn 10,000 points to break even (150/0.015).

You get 3 points for every $1 spent on food/travel, so you need to spend $3,333/year on those categories to break even. Personally I spend way more, so the card is definitely worth it to me.

[mehrdadn]

It seems you did not read the comments? You are comparing against cash. Nobody claimed cash was better. The entire discussion was in response to the comment [1] that "Chase Sapphire Reserve is easily the best card I own and I have an Amex Platinum", hence we were comparing against other credit cards (not against cash/debit/etc.), and as an example I explicitly compared CSR to the Uber card for you. Read the above discussion.

[1] https://news.ycombinator.com/item?id=16057816

[mrep]

I think his math is right but that still equates to 9.5$ a day on food and travel just to break even which is a lot.

I got the uber credit card which i think is a lot better since there is no fee and it is straight cash back (point value can change any time they want).