I need some input I have Chase Saphire Preferred with like over 400K points. This is my second year of the card.

Should I upgrade to Chase Reserve? I don't know when I would be eligible for the bonus but it seems like right now its' annual fee is $450 and i could use the $300 travel credit at like Target.

Also, maybe a good way to use the Pay Yourself Back feature seems like that will go on till April 2021.

would appreciate the input

Thanks!