Originally Posted by
FlightNurse
I guess if you look at the Reserve card as a free FC ticket, the $450 fee does not make sense, but if you add the club membership as a nice perk, then the card makes sense.
If you already ordinarily purchase FC tickets in pairs for more than ~$500/ea, then the card could still make sense solely as a BOGO device. (I added an extra little bit to account for the lost RDM/MQM of the companion ticket, if that matters to the cardholder).
But generally I agree with you. What makes the Reserve card worth it is the combination of the BOGO, MQMs, and SC access.