40K is more than I have seen offered before, but do note that there is a $140 annual fee with this card. Also, though I don't see any mention of it in the T&C excerpted below, I expect one doesn't get all these goodies (especially the 5K EQM enrollment bonus) if they have ever received these benefits before with a Chase MP card. If I am wrong about be unable to go back for more now, I'd love to hear it.
Those who have been 1Ks for a while, were able to get the annual fee on this card waived each year as a 1K benefit. Those who are currently 1Ks but didn't get on board when the full waiver was being given, get $60 (or is it $80) knocked off the $140. Others pay full freight.