The Chase IHG Rewards Club Premier card is offering an increased new cardmember bonus of up to 105,000 IHG Rewards Club points after making $3,000 in purchases in the first 3 months — plus you can get a $50 statement credit after first purchase. That’s the highest we’ve ever seen on an IHG credit card, which makes it worth a look if you’re after IHG points.
- Earn 100,000 bonus points after spending $3,000 in the first 3 months with the IHG Rewards Club Premier credit card plus earn 5,000 points after you add an authorized user and make your first purchase within 3 months plus a $50 statement credit after first purchase
- Find more information and a direct link on our IHG Rewards Club Premier page
Key Card Details
- $89 annual fee
- Earn 10x at IHG hotels
- Earn 2x at gas stations, grocery stores, and restaurants
- Earn 1x everywhere else
- Automatic Platinum status
- Free night annually at any hotel that costs up to 40,000 IHG points per night
- Fourth night free when you redeem points for a stay of 4 or more nights
- Save 20% on points purchases
- Earn 10,000 bonus points after you spend $20,000 and make one additional purchase each cardmember year
Fortunately for those interested, this card is not (thus far) subject to 5/24, making it available even if you have opened a number of cards in the past couple of years (though keep in mind that Chase shutdowns have increased this year).
If you’re after IHG points, this is a decent windfall. Since you can often buy IHG points for around half a cent each, the bonus is “worth” somewhere around $500 — though you can certainly use the points toward much more valuable redemptions in the right situations. It is possible to get as many as 26 free nights out of this bonus if you were to spend all of them at (one of the few) 5,000-poiint options from the PointBreaks and do all of those stays in 4-night incremembers where the 4th night is free.. On the other hand, you won’t get 2 nights at a top-tier property, as those now cost 70K per night.
Speaking of top-tier, this card comes with an annual free night that is not valid at top tier properties, either. That said, it is valid at any hotel that costs up to 40,000 points per night, giving you plenty of opportunity still for that benefit to offer more value than the $89 cost of the annual fee. Those who often make award stays in 4-night increments can take advantage of the 4th night free on award stays. finally, if you spend a lot at IHG hotels, the 10 points per dollar earned at IHG properties is a decent enough deal to make it worthwhile (though I’d personally prefer 3 Ultimate Rewards points per dollar with the Sapphire Reserve).
Overall, this one might be worth it if you need IHG points and it’s not a bad deal in ongoing years if you know you’ll use the 40K night for a good value.
H/T: Doctor of Credit