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Only if you will use the travel vouchers religiously without forcing it, and really want free drinks and sandwiches during waits at airports. If you will use those things, and it's not a forced thing, 100%, you'll save money vs paying for food/drinks at retail prices.
Why would you not want free drinks and sandwiches?
Because they aren't free if you only get them by paying 400 bucks to spend your money.
Because it's only "free" if you are going to use the services quite a bit already to make the math work out in your favor. If you don't travel twice a year or more there are better cards out there which offer better discounts.
Well considering I travel more than twice a month, it's a great perk.
Wait you get free drinks and sandwiches? Shit I usually pay like $50-70 in the airport bar/restaurant.
Yes. Lounge access is fantastic. You wont get free food every time, but most of the time it's there for you.