Updated. The Chase IHG Rewards Club Premier credit card is the IHG hotel co-branded card that includes special IHG perks like a free night award every year you keep the card. Here are the highlights:
- 125,000 bonus IHG points after $3,000 in purchases within the first 3 months.
- Free Night award after each account anniversary year at eligible IHG hotels worldwide. Valid at IHG Hotels with a current point redemption level of 40,000 points or less. An additional free reward night when you redeem points for any stay of 4 or more nights.
- 25X points total per $1 spent when you stay at an IHG hotel.
- 2X points at gas stations, grocery stores, and restaurants and 1 point per $1 on all other purchases.
- Platinum Elite status included as a Premier card member. IHG points also don’t expire when you are an Elite member.
- Global Entry or TSA PreCheck® fee credit of up to $100 every 4 years as reimbursement for the application fee charged to your card.
- No foreign transaction fees.
- $89 annual fee.
Please note the following:
This product is not available to either (i) current cardmembers of this credit card, or (ii) previous cardmembers of this credit card who received a new cardmember bonus for this credit card within the last 24 months.
This offer is for the new “IHG Club Premier” card, so this language means that if you have the older and different “IHG Club Select” card, you can still apply for this card and get the sign-up bonus.
What can you get with IHG points? The best redemption value for IHG points is for free hotel nights. The other options offer significantly less value. While the points don’t translate directly to a dollar value, but overall you should expect around 0.60 cents of value per point, which would make 140,000 IHG points worth an estimated $840 value. You can perform the calculations for hotels that fit your needs. I tried a bunch of other various combinations and got between 0.5 cents and 0.8 cents per point equivalent value.
(IHG points are worth less than other points like Hyatt or Chase Ultimate Rewards points, but you get a lot more of them with this bonus!)
IHG stands for Intercontinental Hotel Group which has over 5,000 hotels including the following brands:
- Intercontinental Hotels & Resorts
- Crowne Plaza
- Holiday Inn, Holiday Inn Express
- Staybridge Suites
- Candlewood Suites
- Hotel Indigo
- EVEN Hotels
IHG points expire after 24 months of inactivity, so if you keep up your activity then you can save up these free nights for later. IHG points also don’t expire if you have Elite status, which comes free as long as you have this card. Chase Ultimate Rewards points also convert to IHG points.
Total of 25x points per $1 spent when you stay at IHG. Here’s how this breaks down: Earn 10X points per $1 spent as an IHG® Rewards Club Premier Credit Cardmember + 10X points per $1 spent from IHG® for being an IHG® Rewards Club Member + 5X points per $1 spent from IHG® with Platinum Elite Status, a benefit of this card = total of 25X points total at 5,400+ IHG® hotels & resorts.
I would book my IHG nights on this card, but not my everyday purchases on an ongoing basis.
- 2 IHG points per $1 spent at gas stations, grocery stores, and restaurants.
- 1 IHG point per $1 spent on all other card purchases
I would keep this card if you can use the anniversary night certificate with the 40,000 point maximum value. You should be able to get $89 value out of it as long as you need a hotel night. Stay must be completed within 12 months from date of issue.
Bottom line. The Chase IHG Rewards Club Premier credit card has a current sign-up bonus boost of 125,000 IHG points. As with most of these co-branded hotel cards, the best value is obtained if you can redeem for IHG hotel nights.
Also see: Top 10 Best Credit Card Bonus Offers.
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