Ihg Rewards Chase Mastercard Card Review + Spending Bonuses
IHG® Rewards Premier Credit Carte
Apr
fifteen.99% - 22.99% Variable
Earn 140,000 points
With the IHG® Rewards Premier Credit Carte, y'all can currently Earn 140,000 bonus points after spending $3,000 on purchases within the first iii months of business relationship opening.
Only while 140,000 points sounds like a lot, remember that IHG points aren't worth as much every bit another miles and points. We value IHG points at around 0.5 cents per signal, so this offering is just worth around $700.
Another way to think almost it is in terms of the number of costless nights that you tin go. With IHG points, you'll volume each night for the hotel's cost in points instead of the nightly cash charge per unit. IHG no longer has an honor chart, but many hotels will cost between fifteen,000 and 75,000 points per night. That ways your welcome bonus volition likely become you between two and 10 gratis nights. (Call up, though, that you lot also go the fourth nighttime free on award stays.)
Given the depression value of IHG points, yous tin discover more valuable sign-up bonuses that tin can internet y'all more than hotel nights with IHG. For instance, you could redeem the bonus on the Chase Sapphire Preferred® Carte for a hotel stay with IHG through the Ultimate Rewards portal and go a 25% bonus on those points, making your points worth one.25 cents each.
What it's worth: Around $700 in IHG hotel nights
Who'southward eligible to earn this offer? You aren't eligible for this offering if you are either a current IHG® Rewards Premier Credit Menu cardmember of this credit card, or have received a new cardmember bonus for this credit card inside the final 24 months. You lot're also not likely to exist approved if y'all are over the Chase five/24 rule.
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What can you get with 140,000 IHG points?
The 140,000 IHG bonus offer points tin can get you several nights at various IHG hotels across the globe. IHG charges a different corporeality of points per night each and every night, which makes information technology difficult to know exactly how many costless nights that 140,000 IHG points can get you. Here are two examples from across the spectrum.
First, one night at the Kimpton Marlowe Hotel near Boston can run as much every bit 74,000 points per dark, and so the welcome offer could comprehend one night.
On the other side, you can stay at the Holiday Inn Express Cleveland - Richfield for merely 13,000 points per night on some days.
Your 140,000 indicate bonus would be plenty for several gratuitous nights here. And don't forget that you lot become every fourth nighttime free — and so if you used all your points at once, you would go an additional few nights costless.
Earn up to 26X points at IHG hotels
Similar many credit cards, how many points you earn with the IHG® Rewards Premier Credit Menu depends on where you spend with the card.
Yous'll Earn up to 26 points full per $1 spent when you stay at an IHG hotel. Earn v points per $1 spent on purchases on travel, gas stations, and restaurants. Earn 3 points per $i spent on all other purchases.
This is a solid earning charge per unit for everyday categories, besides every bit spending at IHG hotels.
It's important to note that the 26 points per $one spent at IHG hotels includes the base points you already earn every bit an IHG fellow member. All IHG Rewards Club members become 10 points per $ane spent for staying at an IHG hotel. Platinum Elite members (a status y'all'll become from having the IHG® Rewards Premier Credit Card) go an additional v points per $i spent. And you'll earn 10 more than points per $i spent for paying with your IHG® Rewards Premier Credit Card, for a total of 25 points per $i.
15 base of operations points + 10 credit menu points = 25 points per $1 on IHG purchases
Check out the chart below for an idea of what kind of rewards you can earn with the IHG® Rewards Premier Credit Card. We gauge an earning rate for the average consumer based on U.S. Bureau of Labor data and multiply that by the value of each carte'due south points or miles. As you can see, the IHG® Rewards Premier Credit Card does non compare favorably to other hotel and travel credit cards in terms of rewards render on everyday spending, due to the low value of its points.
Average rewards earned per $one spent
What are IHG points worth?
We approximate IHG points to exist worth virtually 0.5 cents each. The truthful value of IHG points depends on where you choose to redeem them, since value will depend on the number of points you need to volume the hotel where you want to stay, compared to the cash cost of the same hotel dark.
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Redeeming points
IHG no longer has a set award chart where hotels always cost a certain amount of points. Instead, the toll in points for a given hotel will vary from night to dark. IHG does have a decent search engine where you can put in the accost or city where you'd like to stay, and easily come across the toll in points of various nearby hotels. The cost to redeem points for a free nighttime volition vary wildly by location and engagement, simply you lot'll observe almost IHG hotels range generally betwixt fifteen,000 and 75,000 points per night.
As you lot tin can see from the sample screenshot beneath, a college-end IHG hotel tin require a large number of points. An award dark with EVEN Hotels New York - Time Squares Due south costs fourscore,000 points in our sample. In other words, your IHG points may not go very far for highly desirable backdrop.
Withal, at that place are good values to be found hither and at that place. Going back to our Holiday Inn Express Cleveland - Richfield case from earlier, you could book the hotel for thirteen,000 IHG Rewards points or $157.65 in cash. In that case, you would be getting one.21 cents per point in value if you booked with points. That's over twice as much every bit our boilerplate value for IHG points, making that an outstanding redemption. Every bit a general rule, information technology is often easier to find better value at lower-end IHG brands.
IHG brands
- Atwell Suites
- AVID™ Hotels
- Candlewood Suites®
- Crowne Plaza®
- Even™ Hotels
- Holiday Inn®
- Holiday Inn Club Vacations®
- Vacation Inn Limited®
- Holiday Inn Resort®
- Hotel Indigo®
- HUALUXE™
- InterContinental® Hotels & Resorts
- Kimpton Hotels & Restaurants
- Regent
- Six Senses
- Staybridge Suites®
- VOCO
In add-on, luxury travel club Mr and Mrs Smith partners with IHG Rewards, allowing members to earn and redeem points through stays at its more than 400 bazaar properties.
To calculate the value that you're getting for your points, apply the post-obit formula:
Price of a room in cash (including taxes and fees) ÷ Number of points = Indicate value
We value IHG points at around 0.v cents per betoken, so anything to a higher place that number is decent value.
Free anniversary nighttime
With the IHG® Rewards Premier Credit Menu, you'll get an ceremony dark each year, starting twelve months from the date y'all open up your business relationship. Yous do take to pay the card'due south annual fee to claim the ceremony dark, then information technology is not exactly free — but it is still pretty adept value for a gratis hotel night.
A few restrictions to keep in mind:
- You must redeem and complete the stay using your anniversary nighttime within 12 months from when information technology'south issued.
- Anniversary night certificates are expert on hotels costing 40,000 points or less, and you lot're responsible for whatever resort fees, parking or other charges for your stay.
- Because the nightly points cost to stay at a particular hotel varies from date to appointment, it is possible or even likely that a hotel might be eligible for an anniversary dark redemption on some nights, but non on others.
Other IHG® Rewards Premier Credit Card benefits
Here are a couple of the other benefits of having the IHG® Rewards Premier Credit Carte:
One of the all-time benefits of the IHG® Rewards Premier Credit Bill of fare is that you become the 4th nighttime free on an unlimited number of laurels stays per year. On any stay of four nights or longer, your fourth night will exist free. On longer stays, your 8th and 12th nights will as well exist complimentary, and so on. This tin be a great mode to stretch the value of your IHG Rewards Club points.
Having the IHG® Rewards Premier Credit Menu will give you Platinum aristocracy status with IHG for as long as you lot take the card. This is IHG's midtier status, and in theory information technology'll help y'all get hotel room upgrades when you stay with IHG. Unlike competing rewards programs, though, IHG Platinum status doesn't come with gratis breakfast or lounge admission. Yet, it does go y'all extra points when paying for stays with IHG and points that don't elapse.
Platinum elite status benefits include:
- fifty% Bonus points on base points
- Late checkout
- Priority cheque-in
- Complimentary room upgrade
- Welcome amenity
- $30 in-room spa credit
You can go 10,000 bonus points each account anniversary year if y'all spend at to the lowest degree $20,000. Your account anniversary date is calculated as your account open date through the commencement statement later on the ceremony of your account open engagement.
x,000 IHG points are worth around $50, so this isn't an amazing render on spending. If you spent that aforementioned $20,000 on a ii% card like the Citi® Double Cash Card – xviii month BT offer, you'd get $400 instead.
If you pay for your Global Entry or TSA Precheck application with the IHG® Rewards Premier Credit Bill of fare, y'all're eligible for upward to a $100 reimbursement. You can get this reimbursement in one case every four years.
The IHG® Rewards Premier Credit Carte du jour charges $0 foreign transaction fees, so you can employ it while traveling out of the country without having to pay any boosted fees.
How does the IHG® Rewards Premier Credit Card compare to other cards?
Here's a look at how the IHG® Rewards Premier Credit Card compares confronting similar hotel and travel credit cards.
IHG® Rewards Premier Credit Bill of fare vs. World of Hyatt Credit Card
On the surface, the Globe of Hyatt Credit Carte appears to offering an junior sign-up bonus and earning charge per unit to the IHG® Rewards Premier Credit Menu. Notwithstanding, appearances are deceiving — because World of Hyatt points are more valuable, the card'southward welcome bonus and rewards earned per $ane spent are actually worth more than.
On the other manus, the IHG® Rewards Premier Credit Card holds the upper hand on travel perks. While the World of Hyatt Credit Carte du jour does requite you Hyatt elite status, Discoverist status with Hyatt comes with fewer perks than IHG Platinum elite status. Not to mention, World of Hyatt Credit Card doesn't include a credit for Global Entry/TSA Precheck.
How does it compare?
- Almanac fee: $95
- Welcome bonus: Earn up to lx,000 Bonus Points - Earn 30,000 Bonus Points subsequently you spend $3,000 on purchases in your get-go 3 months from account opening. Plus, up to 30,000 More Bonus Points by earning 2 Bonus Points total per $ane spent in the first 6 months from account opening on purchases that normally earn 1 Bonus Signal, on upwardly to $xv,000 spent.
- Rewards earned/$ane spent: $0.022
- Other benefits: Free anniversary night at a Category i-4 Hyatt hotel, automatic Hyatt Discoverist status, five qualifying nights each year, 2 additional qualifying nights when y'all spend $5,000
IHG® Rewards Premier Credit Card vs. Hilton Honors American Express Surpass® Carte du jour
The Hilton Honors American Express Surpass® Card besides bests the IHG® Rewards Premier Credit Carte du jour at earning points. Though Hilton points are worth about every bit much as IHG points, the Hilton Honors American Express Surpass® Menu lets yous earn far more points on many categories of spending: Earn 12X Hilton Honors Bonus Points for each dollar of eligible purchases charged on your Carte direct with a hotel or resort inside the Hilton Portfolio. Earn 6X Hilton Honors Bonus Points for each dollar of eligible purchases on your Card at U.S. restaurants, U.S. supermarkets, and U.S. gas stations. Earn 3X Hilton Honors Bonus Points for all other eligible purchases on your Card.
The carte as well performs a petty better than the IHG® Rewards Premier Credit Card on its hotel benefits. While the card'due south free weekend accolade night requires $15,000 in spending each year, it's redeemable for a standard room at basically any bachelor Hilton property, making it much more valuable. The card likewise grants you Gold status with Hilton (enrollment required) — its benefits are a little meliorate than IHG Platinum status, including improve base-point earnings and a food and drinkable credit at U.Due south. hotels (or a continental breakfast at non-U.South. hotels). However, it doesn't include a credit for TSA Precheck/Global Entry.
How does information technology compare?
- Annual fee: $95
- Welcome bonus: 130,000 Hilton Honors Bonus Points after y'all spend $2,000 in purchases on the Hilton Honors American Express Surpass Card in the kickoff 3 months of Carte du jour Membership. Plus, you tin can earn an additional l,000 Hilton Honors Bonus Points after you spend a total of $x,000 in purchases on the Carte du jour in the first 6 months.
- Rewards earned/$one spent: $0.024
- Other benefits: Complimentary weekend night award when you lot spend $15,000, 10 passes for Priority Laissez passer each yr, Hilton Golden status (enrollment required)
- Terms apply
IHG® Rewards Premier Credit Bill of fare vs. Capital Ane Venture Rewards Credit Card
If you don't stay oftentimes with IHG, the Capital One Venture Rewards Credit Card is a ameliorate option than the IHG® Rewards Premier Credit Card. Unlike the IHG® Rewards Premier Credit Card or other hotel credit cards, the miles that you lot earn with the Capital One Venture Rewards Credit Menu can be used toward hotels, flights or whatsoever travel, at a rate of 1 cent per mile. Its rewards earning power is also better than the IHG® Rewards Premier Credit Carte du jour, every bit Capital I miles are more valuable. The card's bonus is worth $1,000 when redeemed for travel argument credits. Plus, you also earn more on everyday purchases: Earn unlimited 2 Miles per dollar on every purchase, every day; 5 Miles on hotels and rental cars booked through Capital One Travel.
However, if travel perks are what y'all're after, the Capital 1 Venture Rewards Credit Carte offers few of them. Although it does award you a credit for Global Entry/TSA Precheck, you won't get elite hotel condition with the menu.
How does it compare?
- Annual fee: $95
- Welcome bonus: Enjoy a quondam bonus of 60,000 miles once you spend $3,000 on purchases inside 3 months from business relationship opening, equal to $600 in travel.
- Rewards earned/$1 spent: $0.020
- Other benefits: Up to $100 credit for Global Entry/TSA Precheck
Is the IHG® Rewards Premier Credit Card worth information technology?
For loyal guests of IHG, The IHG® Rewards Premier Credit Bill of fare is worth applying for in most cases. Information technology's a rare bill of fare whose benefits (primarily the anniversary dark) outweigh the annual fee for most people.
However, it'southward non a slap-up card to put whatsoever ongoing spending on, with the possible exception of stays at IHG hotels — plus, the benefits will exist hard to utilize for those who prefer more flexible hotel options. If yous adopt more flexibility in your travel, a general travel credit carte may exist the ameliorate way to go.
IHG® Rewards Premier Credit Card FAQs
Does the IHG® Rewards Premier Credit Card have foreign transaction fees?
The IHG® Rewards Premier Credit Card does have $0 foreign transaction fees, which ways you can opt to be billed in a foreign currency and non be hit with whatsoever additional fees. This makes it a slap-up menu to use when traveling abroad.
Tin you have both IHG credit cards?
You tin can have both the IHG® Rewards Premier Credit Card and the IHG® Rewards Traveler Credit Card. If you're trying to determine between the two cards, you tin can check out our comparing of which one is all-time hither.
How do y'all link your IHG account with your credit card?
The easiest mode to link your IHG account with your credit menu is to make sure to put your IHG Rewards number into the menu application. If you don't put in your IHG number, you lot will exist enrolled into the IHG Rewards program and given a membership number. If you accidentally end up with two IHG Rewards accounts, you can contact IHG client service to merge your accounts.
What credit score is needed for the IHG® Rewards Premier Credit Card?
The IHG® Rewards Premier Credit Carte is designed for travelers with Excellent/Good credit. That roughly corresponds to a credit score of 680 or above.
Is in that location an almanac fee on the IHG® Rewards Premier Credit Card?
The IHG® Rewards Premier Credit Bill of fare does have an annual fee: $99. This means your first annual fee will be charged 12 months from when you apply for the card. That tin exist a great opportunity to try out the benefits of the menu and make sure it's something that works for you before needing to pay the almanac fee.
The information related to the Hilton Honors American Express Surpass® Card has been independently collected by ValuePenguin and has not been reviewed or provided by the issuer of this bill of fare prior to publication.
Source: https://www.valuepenguin.com/travel/ihg-rewards-club-premier-credit-card-review