The tech geniuses and young bankers earning $200k need credit cards and the CSR seems a reasonable alternative. It offers 3x points on travel and dining and has good trip delay/cancel and car rental insurance. It may not be the greatest, but it's not bad. They may not care about a $60 benefit, but they probably also wouldn't care about a $100 increase.
It is Chase's flagship premium card for the affluent mass.
What is the card for the affluent elite? Perhaps the Amex Centurion card, but it's absurd.
FWIW, a while back I asked in the Luxury Travel forum about the preferred credit card and the CSR was the leading answer.