New 165K Bonus: Chase IHG One Rewards Premier Card Review

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The card_name is a hotel card that offers automatic Platinum Elite status, an anniversary free night up to 40,000 points, fourth night free on award stays, and up to 10x points at IHG Hotels & Resorts.

This credit card review will cover everything you need to know about this card to determine if you should add this card or a different card to your wallet. Let’s dive right in.

Platinum Elite Status

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  • bonus_miles_full
  • 10x Points at IHG Hotels and Resorts
  • 5x Points on Travel, Dining, and Gas
  • 3x Points on All Other Purchases
  • IHG Platinum Elite Status
  • Anniversary Free Night
  • 4th Night Free on Awards
  • Baggage and Trip Interruption/Cancellation Insurance
  • Purchase Protection for 120 Days
  • $99 Annual Fee

Click Here to Learn How to Apply

Welcome Bonus of IHG PRemier

The IHG Premier Card currently offers the following welcome bonus: 

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Earning IHG One Rewards Points

The IHG Premier Card earns IHG Rewards points at the following rates:

  • 10 points per dollar spent when you stay with IHG® Hotels & Resorts;
  • 5 points per dollar on travel purchases;
  • 5 points per dollar at gas stations;
  • 5 points per dollar on dining at restaurants; and
  • 3 points per dollar on all other eligible purchases.

Annual Fee of IHG Premier

The IHG Premier Card comes with a $99 yearly fee, which is easily justified by the anniversary free night certificate.

Plus, the complimentary Platinum Elite status, fourth-hotel-night-free perk, statement credits, and comprehensive travel insurance plans make the card well worth the annual cost. 

Holiday Inn

IHG Premier Benefits and Perks

The IHG Premier Card offers the following benefits to cardholders:

Free Anniversary Night: Receive a free night certificate for each card anniversary at a hotel worth up to 40,000 points. Most 40,000-point hotels are worth at least $125+ per night, so this easily covers your $99 annual fee. 

IHG Platinum Status: This card offers automatic IHG Platinum Elite status, which gets you access to special benefits such as a 60% points bonus, complimentary space-available upgrades, late check-out, and a welcome amenity. 

Potential IHG Diamond Status: The IHG Premier Card lets you reach top-tier Diamond elite status by spending $40,000 within a calendar year. Upon qualifying, your Diamond Elite status will remain valid until December 31 of the following year.

Fourth Reward Night Free: You can get a fourth night free when booking a hotel stay of four nights or more with points. For example, if the hotel costs 25,000 points per night, and you are staying 4 nights, it would only be 75,000 points in total.

United Airlines TravelBank: Get up to $50 in United® TravelBank Cash which can be used when you book United® or United Express® flights.

Spending Bonus: You can receive an extra bonus each year of $100 Statement Credit and 10,000 Bonus Points after spending $20,000 in a calendar year and making one additional purchase.

Purchase Points Discount: The IHG Premier card offers a 20% discount when you purchase IHG points with your card. However, you cannot combine the discount with other sales, which typically offer a 100% bonus.

Global Entry / TSA PreCheck / Nexus Credit: This card offers a credit for either TSA PreCheck (expedited airport security), Global Entry (expedited airport security and customs), or NEXUS (expedited crossing between US and Canada).

Trip Cancellation and Interruption Insurance reimburses you for non-refundable expenses if your trip is interrupted or canceled for a covered reason when you pay for your travel expenses with this card.

Baggage Delay Insurance can reimburse you for the cost of necessary personal and business items while waiting for your checked bag when it’s delayed by a common carrier.

Lost Luggage Reimbursement covers the cost to repair or replace your luggage, and the personal belongings contained within if your bag is lost or damaged during a covered trip.

Secondary Rental Car Insurance covers any damage to or theft of a rental car not covered by your primary insurance when you pay for the rental using this card.

No Foreign Transaction Fees: You can make international purchases with your card without paying an extra fee of around 3%.

Purchase Protection covers eligible purchases against accidental damage or theft for up to 120 days for purchases this card.

Extended Warranty coverage adds up to an additional year of coverage for eligible purchases on manufacturer’s warranties up to 3 years.

Redeeming IHG Rewards

IHG One Rewards points can be used at over 6,000 hotels worldwide, including several brands like Kimpton, Intercontinental, Holiday Inn, and more.

IHG uses dynamic pricing for award nights, which means the number of points required varies depending on the hotel, date, and demand. You can check the price and availability of award nights on the IHG website or app by selecting the “Reward Nights” option.

To redeem IHG points for a hotel stay, you need at least 5,000 points. You can also use Points & Cash to pay for part of your stay in points and the rest in cash. This can help you save money and stretch your points further.

Besides hotel stays, you can also redeem your IHG points for other things, such as experiences, gift cards, merchandise, donations, or airline miles. However, these options usually offer lower value for your points and may have limited availability or restrictions.

Pros and Cons

Here are the advantages and disadvantages of this card:

Pros:

  • IHG Platinum Elite Status
  • Free Anniversary Hotel Night
  • Nice travel and purchase protections.
  • United TravelBank Rewards

Cons:

  • IHG Rewards points are less valuable than other hotel rewards such as World of Hyatt or transferrable rewards such as Chase Ultimate Rewards.
  • Other cards are better for everyday spending given the lower value of IHG points.

Alternatives to IHG Premier

Now that you know about this credit card’s various benefits and pros and cons, it’s time to see its alternatives.

Best Starter Travel Card
Chase Sapphire Preferred® Card
  • bonus_miles_full
  • 5x Points on Travel Booked Via Chase
  • 3x Points on Dining and Eligible Delivery Services
  • 2x Points on All Other Travel Purchases
  • 10% Anniversary Points Boost
  • Trip Delay and Trip Cancellation Insurance
  • Primary Rental Car Insurance
  • $95 Annual Fee

Click Here to Learn How to Apply

The Chase Sapphire Preferred® Card (review) is one of the best rewards cards for travelers who want solid earning rates for travel and dining expenses. 

For only $95 per year, this card earns 5x Chase Ultimate Rewards points on travel booked through the Chase Ultimate Rewards portal, 3x points on dining, online groceries, and streaming services, and 2x on all other travel purchases

Cardholders will also get a 10% anniversary points bonus, a 12-month DoorDash DashPass subscription when activated by December 31, 2024, and a $50 anniversary hotel statement credit. 

Plus, it provides extensive travel protections, including trip delay, primary rental car, baggage, and purchase protection plans. 

IHG One Rewards Premier Business Credit Card
  • bonus_miles_full
  • 10x at IHG Hotels & Resorts
  • 5x Points on Travel, Dining, Select Business, and at Gas Stations
  • Free Anniversary Free Night
  • IHG Platinum Elite Status
  • $99 Annual Fee

Click Here to Learn How to Apply

The card_name (review) is a good option if you spend a few nights a year at an IHG Hotels and Resorts such as the Holiday Inn, Kimpton, Intercontinental, Hotel Indigo, or Crowne Plaza.

Cardmembers earn 10 points per dollar at IHG Hotel and Rewards, 5 points per dollar on travel, dining, select business, and at gas stations, and 3 points per dollar on all other purchases.

Plus, you get nice perks such as IHG Platinum Elite status, a free anniversary free night, fourth night free on award stays, purchase protection, and Global Entry, TSA PreCheck, or a NEXUS statement credit. 

The Verdict

Overall, the IHG Premier Card is definitely a must-have for most travelers, whether you’re a loyalist who frequents IHG properties or an occasional out-of-towner who books IHG stays several times a year. 

IHG has a large global footprint with over 6,000 hotels and 17 brands across 100 countries worldwide, so you’ll likely find a hotel that fits your preferences wherever you go. You can book lavish stays at world-class InterContinental Hotels and Resorts or enjoy a family vacation at budget-friendly Holiday Inn resorts. 

You can easily offset the $99 annual cost with the free night certificate, fourth night free on award stays, statement credits, sizeable welcome bonus, and a lot more. 

This card is also the easiest shortcut to Platinum Elite status. And if you covet the top-tier status, the IHG Premier Card lets you spend your way to Diamond Elite status. 

Platinum Elite Status

card_name

  • bonus_miles_full
  • 10x Points at IHG Hotels and Resorts
  • 5x Points on Travel, Dining, and Gas
  • 3x Points on All Other Purchases
  • IHG Platinum Elite Status
  • Anniversary Free Night
  • 4th Night Free on Awards
  • Baggage and Trip Interruption/Cancellation Insurance
  • Purchase Protection for 120 Days
  • $99 Annual Fee

Click Here to Learn How to Apply

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