(EXPIRED) 25x IHG, 4x everywhere else + 125K points after spend w/ new credit card offer

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There’s a new (possibly targeted) offer out on the IHG Rewards Club Premier credit card that looks amazing for IHG enthusiasts: in addition to the intro bonus of 125K IHG points after spending $3K on purchases within the first 3 months, get 25x at IHG properties and 4x everywhere else for the first year. While IHG points can often be purchased for around half a cent (and sometimes quite a bit less), earning 25x on paid stays and 4x everywhere else will no doubt be awesome for those who can leverage the points for good value.

The Offer

For more information about this card and to find an application link, see our dedicated card page by clicking the card name below.

Chase IHG® Rewards Club Premier Credit Card
80K points
80K after $2K spend in 3 months

$89 Annual Fee

Recent better offer: 125K points + 25x IHG and 4x everywhere else (expired Oct 2019)

Key Card Details

Chase IHG® Rewards Club Premier Credit Card

FM Mini Review: Good signup bonus. Keep only if you value the 40K annual free night and/or 4th night free awards.


Annual Fee: $89

Card Type: Mastercard World Elite

Base
Dine
Gas
Grocery
Brand

Earning rate: 25x at IHG properties and 4x everywhere total for the first year, then: ⚬ 10X IHG ⚬ 2X gas, grocery, and restaurants.

Big spend bonus: 10K bonus points after you spend $20K in a cardmember year + make one additional purchase

Noteworthy perks: ⚬ Annual free night e-certificate good at IHG properties up to 40K points per night (for certificates issued after 5/1/18) ⚬ Fourth night free on award stays ⚬ 20% discount on points purchases ⚬ Platinum elite status.

Quick Thoughts

Note that if the link on our card page doesn’t work, try logging in to your IHG Rewards Club account to look for this offer (and comment to let us know!).

Stephen noticed this offer this morning when logging in to his IHG account and it looks fantastic for people who spend paid nights at IHG properties. Earning 25x on credit card spend on top of the points earned from staying with IHG (ordinarily 10x base points + 5x bonus for having Platinum status, which comes as a benefit of the card) means you’ll earn a minimum of 40x at IHG hotels for the first year. Spire Elite members will earn 45x (and as IHG recently ran a status match opportunity, hopefully some readers took advantage of that).

Keep in mind that this card is subject to the Chase 5/24 rule. Furthermore, the bonus is not available to you if you currently have this card or have earned a new cardmember bonus on it within the past 24 months.

Chase's 5/24 Rule: With most Chase credit cards, Chase will not approve your application if you have opened 5 or more cards with any bank in the past 24 months.

To determine your 5/24 status, see: 3 Easy Ways to Count Your 5/24 Status. An even easier option is to track all of your cards for free with Travel Freely.

Ordinarily, I wouldn’t consider using up a 5/24 slot on an IHG credit card since I find other Chase cards generally more valuable. However, for someone who has a lot of paid IHG stays — particularly those reimbursed by an employer — this offer is incredible. A member who spends 50 nights a year at IHG properties at an average cost of $100 per night would earn at least 200,000 IHG points between the credit card and loyalty program. That’s before considering any quarterly Accelerate or other bonus offers, etc. Surely some folks spend more paid nights and pay higher average rates, in which case earnings could quickly increase.

I am less enthused about the prospect of earning 4x “everywhere else” for the first year. That’s actually not a bad rate of return, but if you can get a card that earns more than 2% cash back in the first year (like the Discover IT Miles card or Alliant Cashback card or BOA Premium Rewards card with Platinum Honors), you could earn cash back instead and probably buy more than 4 IHG points per dollar spent. On the other hand, if you know you have a valuable use in mind and you’d rather keep things simple, earning 4x everywhere else sure beats earning 1x.

Keep in mind that IHG has gotten rid of award charts in favor of variable award pricing and recently raised the points rate of some hotels to 100K points per night, which dulls the shine on this offer a bit. I suspect that it will become harder to get outsized value out of your points moving forward. I still think 25x at IHG properties is a good enough return to consider this offer if you have a lot of paid IHG stays, but it may be less attractive a year from now depending on how variable pricing pans out.

Overall, I’d say this is an intriguing offer for those invested in IHG Rewards.

Last updated on October 19th, 2019

About Nick Reyes

Nick Reyes is a (fairly) regular guy with an animalistic passion for maximizing the value of miles and money to travel the world in comfort and style. There is little in life that he loves more than finding a fantastic deal and helping you shop smarter & harder to achieve your travel dreams.

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Larry
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Larry

If the 25x applies to purchases of points on cash and points bookings then the math gets mildly tempting. It would bring the costs of points from about .57 to .49 cents.

JJL
Guest
JJL

Wow this is an insane offer.
And I thought the 100K offer we saw before was already very good.
Too bad I already have this card.

Raylan
Guest
Raylan

Hey Nick, do you know when this offer is going to expire?

P S
Guest
P S

Randomly went to IHG to make an award reservation, not logged in and did see this offer! Better than the 120K,spend $5000 one that ended couple mths back!

Ashman
Guest
Ashman

Have the old card and was offered to upgrade to this one. Recommended?

P S
Guest
P S

Same situation, but best to reapply the new one with this offer, keep the old one for the free night

Tony
Guest
Tony

I would just apply for the card instead of upgrading. Get 2 free night certificates each year.

Frank
Guest
Frank

Are you suggesting that you can have both IHG cards – keep the old one and add the new one? Surely Chase considers this as a similar card??

Any comment, Nick or Greg?

Greg The Frequent Miler
Admin

Yes, it’s possible to have both

Tony
Guest
Tony

Thanks for this tip! I’ve been waiting for an offer of 120K+ for this IHG card so I can apply (which I did and got approved). I’ve the old card also so now I’ll be able to stack up the 2 free night certificates next year and onwards.

Greg
Guest
Greg

I have been working business cards for a while and have a few 5/24 slots available. Was planning on filling two slots with hotel cards, but was planning on doing the World of Hyatt card and hoping the Marriott Boundless increases their offer at some point. I think I can only do two. Would you recommend skipping the Marriott card for this IHG offer?

YoniPDX
Guest
YoniPDX

@Greg same boat as you, I’ve had this card on my list since the new card came out. Mainly been working the biz cards. We added the AMEX SPG Biz cards last fall – they provided good value will be interesting to see when peak pricing rolls down.

Personally I would get the Marriot AMEX biz over Boundless and keep a 5/24 slot open unless your hoping to PC to Ritz card later.

With regards to Hotel cards – is it for domestic or Int’l stays. Have you seen Drew’s TravelisFree Google Hotel maps with points? I try to app based on planned intl trips over next 12-24 months and see what hotels brands are in those destinations – as well as are they 4th/5th award night free. Then if you have annual award nights from other cards, you can use as well on the trip.

So a big factor in IHG vs Boundless depends on where your headed or plans are at SO after MSR you would have 137K IHG vs 81k Bonvoy pts

IHG 4th Award night free
SPG 5th Night free (award or paid) Marriott

Greg
Guest
Greg

All good points. If we do the math, IHG points are worth about 0.5 cents, so booking at IHG essentially gives 20% back. That’s great value, but it’s also the same we get with the venture card and hotels.com. While I could apply for this card and try to pile on the points by buying stays at IHG hotels, is there really any advantage to doing that over just getting essentially 20% back from the venture and hotels.com combo?

YoniPDX
Guest
YoniPDX

@Greg, DW got through Venture card when they ran 75K SUB last Nov. – it can be hit or miss getting approved with C1 even with FICO’S over 750 ( DW was pre-approval checking C1 I wasn’t PA and TD was 5/24 at the time). They HP all 3 CRB.

Hotels. Com 10X may not be renewed for another year. iHG after SUB – annual night 40k cert should always be worth more than $89 AF. .

But again it depends on how you travel and where

Jeremy
Guest
Jeremy

You think Chase would match this offer to people who applied for the last 120k/$5k deal? Particularly the 25x part? I’m assuming no.

Parts Unknown
Guest
Parts Unknown

When programs start handing out points like this a major deval is almost certainly to follow. Delta, Hilton, & now United have put out large offers lately because their points are worth less & less every year. Look for top tier IHG redemptions to be an easy 100k+ per night in the coming year….

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[…] new offer recently debuted on the IHG Rewards Club Premier credit card. See this post for full details on that offer, but in a nutshell what makes this offer stand out is its eye-popping bonuses for first year spend: […]