It's definitely more effort to manage and there is a point of diminishing returns. But even if you just transfer to Chase Sapphire Reserve and redeem for trave

It's definitely more effort to manage and there is a point of diminishing returns. But even if you just transfer to Chase Sapphire Reserve and redeem for travel (ignoring individual airline/hotel rewards programs), you should get a 50% bonus vs redeeming the points for cash.