$844.80/55000=1.536 cents per point (slightly less when you account for points earned on the purchase). Could be some decent redemptions if you don't have Chase points.
Alas, max purchase is 55K, though you can combine points.
Offer available with purchases made between 12:00 am ET February 19, 2024 and ends 11:59 pm ET April 9, 2024.