IHG credit card offer: IHG Premier Card – 140K Welcome Bonus & $100 Statement Credit

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 IHG credit card offer - IHG Premier Card
Image source IHG credit card offer

The IHG One Rewards Premier Credit Card pays for itself with a welcome bonus offer and travel benefits for cardholders. Frequent guests at the hotel’s 6,000 properties worldwide will get instant value on all IHG spending, while the bonus points and card perks can be redeemed for free nights.

Welcome Bonus and Statement Credit Offers for IHG Premier Card by Chase

IHG is running a 90-day promotional offer on the IHG One Rewards Premier Credit Card. New card members can receive 140,000 bonus points after spending $3,000 on the card within the first three months. The offer includes up to a $100 statement credit to reimburse spending at all IHG properties for the first 12 months of using the card.

It’s quite the sum of bonus points, but IHG points are among the least valuable compared to other hotel loyalty programs. Each point is valued at 0.5 cents per point, giving this offer a value of $700 + $100 in statement credit for an $800 total value. The previous offer on the card was the biggest IHG welcome bonus ever at 175,000 bonus points. However, this didn’t include an extra segment credit, so the total value of the welcome offer isn’t much different if you missed out on the largest offer (previous $875 total value).

The card has an annual fee of $99, so the statement credit alone is enough to cover the cost of having it. And plenty of other travel perks make it a great hotel credit card to keep in your wallet.

IHG Premier Card Review: More Value with IHG Stays

As with all co-branded hotel credit cards, cardholders get the most value when used for stays and rewards at IHG Hotels and Resorts. IHG One Rewards Premier Credit Card is no exception. There are tons of ways to earn and redeem points to make it worthwhile to use even after getting the welcome bonus.

Earn Points

The 140,000 bonus offer is a great way to jumpstart the points in your account. Point multipliers and card bonuses let cardholders earn even more points on qualified spending.

  • Cardholders get complimentary Platinum Elite Status to earn up to 26x points per $1 spent at IHG Hotels and Resorts ( 10X Points: For each $1 spent at hotels participating in IHG One Rewards + up to 10X points from IHG for being an IHG One Rewards Member + up to 6X points from IHG with Platinum Elite Status, a benefit of this card)
  • Get 5x points per $1 spent on travel, gas stations, and dining
  • Earn 3x points per $1 on all other spending

IHG has a handy points calculator showing how many points you can expect to earn in your first year of holding the card based on spending across point-earning categories and the 140,000 point bonus. 

Using the card to meet the minimum spending requirement of $3,000 in the first three months can earn a minimum of 248,000 points ($3,000 x 3x points = 9,000 points + 140,000 bonus = 149,000 total points). Or upwards of 218,000 points if spending in the highest point earning category (3,000 x 26x points = 78,000 points + 140,000 bonus = 218,000 total points).

To get the 26x points, you must be a cardholder, an IHG One Rewards Member, and an additional points bonus for having Platinum Elite Status (included with the card).

Platinum Elite Status

Cardholders are granted automatic IHG One Rewards Platinum Elite status as long as they remain Premier card members, and their accounts are in good standing. This status often includes benefits like room upgrades, late checkout, and bonus earnings on stays.

Diamond Elite Status

Purchases totaling $40,000 or more in a calendar year qualify the primary card member for Diamond Elite Status through the end of the following year, offering additional privileges and benefits.

Redeeming Points

IHG points are worth 0.5 cents, so accumulating a large amount doesn’t give as much value as having the equivalent points in Marriott Bonvoy (0.7 cpp) or World of Hyatt (1.5 cpp), for example. The IHG One Rewards Premier Credit Card has several benefits that make its points even more valuable when redeemed strategically.

The 140,000 welcome bonus can be redeemed for stays at many IHG luxury properties. Check out these IHG award stays in our featured destinations:

In addition to redeeming the welcome bonus for free stays at these destinations, you’ll also get to enjoy up to $100 on reimbursed spending at the hotel on dining and other amenities included with the new welcome bonus sign-up offer.

Get Free Night Stays with IHG One Rewards Premier Credit Card

Free Night Stays with IHG One Rewards Premier Credit Card
Photo by Jeffrey Francisco on Unsplash

The IHG One Rewards Premier Card gives excellent benefits for earning and redeeming points, especially with the welcome bonus offer. Being a cardholder also gives access to free night stays without even using points. Here’s why so many travelers like having the card who stay at IHG properties:

Anniversary Free Night Certificate – earn a free night worth up to 40,000 points ($200 value) on the anniversary of opening your account. You can also add more points to redeem at a higher-tier hotel.

Get 4th Night Free when redeeming 3 nights – use points to book a hotel stay for at least three nights and get the fourth night free. This equals a 25% discount per night!

Is Now The Best Time to Get the IHG Credit Card?

The IHG Credit Card pays for itself. The welcome bonus and statement credit combined are more valuable than the $99 annual fee. Also, other travel-friendly perks that come with having the card:

  • Earn additional $100 and 10,000 bonus points after spending $20,000 in a calendar year
  • Up to $100 statement credit for Global Entry, TSA PreCheck, or NEXUS (reimbursed every four years)
  • Up to $50 United Airlines TravelBank cash every year (credited to linked United MileagePlus account)
  • Trip Cancellation/Trip Interruption Insurance up to $5,000 per person and $10,000 per trip
  • Discount on Points Purchases. Cardholders save at least 20% on points purchases when paying with their IHG One Rewards Premier Credit Card, useful for boosting points balance.
  • Automatic IHG One Rewards Platinum Elite status

Although the welcome bonus is slightly lower than its largest offer ever, the total value, including the bonus points and statement credit, puts it close in comparison. We’re unsure when another 175,000 welcome bonus offer will return, so this is one of the best alternative times to sign up for it.

Bottom Line

IHG updated the sign-up offer on the IHG Premier for a 140,000 welcome bonus and up to $100 in statement credit on spending at any IHG Hotel and Resort. The offer is only available for the next 90 days, and the countdown has already started!

This credit card is best for travelers who often stay at IHG. They can maximize the card value with free night stays, earning up to 26x points on spending, elite status, and plenty of other benefits.

Let us know in the comments your favorite IHG Hotel brand to stay at.

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