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The IHG® Rewards Club Premier Credit Card is a terrific pick for folks looking to save on accommodations. It currently comes with an 80,000 IHG point bonus after spending $2,000 on purchases within the first 3 months of account opening.
This is a perfect card to get if you want cover nearly a week’s worth of hotel stays (or more) with points, because
the lowest priced IHG hotels cost only 10,000 IHG points per night! And you can get even more free nights with this card’s 4th award night free benefit, which I’ll talk about more in a bit!
Get a Week or More of Free Hotel Nights With the Chase IHG Premier Card’s Bonus!
Apply Here: Chase IHG Premier Credit Card
With the Chase IHG Premier, you can earn an 80,000 IHG point bonus after spending $2,000 on purchases within the first 3 months of account opening.
The card has an $89 annual fee, NOT waived the first year.
IHG award nights start at 10,000 IHG points for a free night at the lowest category hotels and up to 70,000 IHG points for a top-tier hotel. So you could use the sign-up bonus to splurge on a free night at the Intercontinental Bora Bora Resort Thalasso Spa, which can easily cost $1,000+ per night! Or you can get multiple free nights in France at the Holiday Inn Lyon-Vaise, which can cost $100+ a night during peak season.
So no matter what your travel style is, you can receive great value from this bonus.
But the Chase IHG Premier card‘s bonus could get you even more Big Travel because of the card’s lucrative perks. For example, for every standard room award stay of 4+ nights, you’ll get the 4th award night free! This is a discount, not a rebate, so you won’t need to pay any IHG points up front for the 4th night. And you can use this perk on an unlimited number of stays!
That means you could use 80,000 IHG points for 2 stays of 4 award nights each at the lowest-priced IHG hotels. And you’d still have 20,000 IHG points left over, which you could use for more free nights.
Note: The 4th award night free benefit does NOT apply to paid stays or Points & Cash bookings.
How to Earn IHG Points With the Chase IHG Premier Credit Card
If you frequently stay at IHG hotels, the Chase IHG Premier credit card is your best option for earning IHG points. You’ll earn:
- 10 IHG points per $1 spent at IHG hotels
- 2 IHG points per $1 spent at gas stations, grocery stores, and restaurants
- 1 IHG point per $1 on everything else
The card also comes with automatic IHG Platinum Elite status. This will get you late checkout when available, complimentary upgrades (subject to availability), a welcome amenity, and much more, including a 50% bonus on the base points you earn!
IHG Rewards Club members earn 10 IHG points per $1 spent at most IHG hotels. So with the Platinum Elite bonus you could earn 15 IHG points per $1 (10 IHG points + 50% Bonus) in addition to the 10 IHG points per $1 you could earn for paying with your Chase IHG Premier card!
So with these IHG credit card benefits, you’ll be earning a whopping 25 IHG points per $1 spent at IHG hotels (10 IHG points per $1 with the card + up to 15 IHG points per $1 as a Platinum Elite)!
In addition, you’ll also be able to earn 10,000 bonus IHG points after you spend $20,000 during the account anniversary year and make 1 additional purchase at least 1 day after you spend $20,000. And you’ll also receive a 20% discount when you purchase points with the card! But even with the discount you’ll still be better off buying IHG points using the IHG Points & Cash trick to only pay 0.6 cents per point, unless IHG is having a points sale.
Note: Reader Richard commented that he did not receive the 20% discount on IHG points he bought during an IHG points sale promotion. Although the terms and conditions do not specifically restrict the 20% discount to “full-priced” points, that seems to be the case for other folks as well.
So it looks like you can NOT combine the 20% discount on purchased points with other IHG points discounts.
How to Use Your IHG Points
There are 5,200+ IHG locations around the world. So there’s a good chance that there is an IHG hotel where you want to travel to next.
You can use your IHG points to book free nights at these hotels:
- avid Hotels
- Candlewood Suites
- Crowne Plaza
- EVEN Hotels
- Holiday Inn
- Holiday Inn Club Vacations
- Holiday Inn Express
- Holiday Inn Resorts
- Hotel Indigo
- InterContinental Hotels & Resorts
- Staybridge Suites
You can book any available award night through the IHG website. IHG advertises that there are no blackout dates on award nights, but in my personal experience this isn’t always the case. You can book award nights for 10,000 to 70,000 IHG points.
You can also stretch your IHG points by booking Points & Cash nights. But if you want to go this route, be sure to compare the cash price of the hotel to the Points & Cash rate to make sure you’re getting a good deal for your points.
IHG also has one of the better hotel rewards deals out there – the IHG PointBreaks promotion. You can book PointBreaks hotels for 5,000 to 15,000 IHG points per night, which is a significant discount. Even though the IHG PointBreaks promotion isn’t what is used to be when all of the hotels on the list were only 5,000 IHG points per night, it is still a great way to increase the value of your IHG points.
You can also use your IHG points for a variety of other rewards, like gift cards, digital downloads, or you can convert them into airline miles. But the value you can get from these other options is NOT good compared to booking a free night.
Additional Benefits of the Chase IHG Premier Credit Card
Anniversary Free Night
Every year that you renew the card you’ll get a free night certificate. The certificate is valid for any IHG hotel that costs 40,000 IHG points or less. The free night certificate expires 12 months after it is issued.
Global Entry or TSA PreCheck Application Fee Reimbursement
Once every 4 years you can get a statement credit for your Global Entry ($100) or TSA PreCheck ($85) application fee. To qualify for the credit you must pay the application fee with your Chase IHG Premier card.
Is the Chase IHG Premier Credit Card Worth the Annual Fee?
The card has a $89 annual fee. But the annual free night certificate at any IHG Hotel that costs 40,000 points or less, can make up for the annual fee by itself. Just be sure to use it on a hotel that costs more than $89 per night.
Does the Chase IHG Premier Card Have a Foreign Transaction Fee?
Who Is Eligible for the Chase IHG Premier Card?
You are not eligible for this card if you currently have it or you have earned the bonus on it in the past 24 months. But if you have the old Chase IHG Rewards Club Select card (no longer open to new applicants), you can still qualify for the Chase IHG Premier card because it is considered a different product.
Also, Chase will NOT approve you for most their credit cards if you’ve opened 5 or more credit card accounts (from any bank) in the past 24 months (NOT counting Chase business cards and these other business cards). This is often referred to as the “5/24” rule.
But there are some exceptions to this rule. And folks have reported being approved for the Chase IHG Premier card even though they were over the Chase “5/24” rule at the time they applied!
Keep in mind that just because you are under the “5/24” limit, it doesn’t guarantee you will be approved for the card. Chase will look at other factors too, like your credit score and income.
Chase Customer Service
And their customer satisfaction ratings are consistently high.
Alternative to the IHG Card: Consider Collecting Chase Ultimate Rewards Points
Earning Chase Ultimate Rewards points is another good option because they transfer at a 1:1 ratio to IHG and other travel partners! So you’ll have even more flexibility in booking Big Travel with Small Money.
You can earn transferable Chase Ultimate Rewards points with these annual-fee Chase credit cards:
You can also earn Chase Ultimate Rewards points with these no-annual-fee credit cards:
- Chase Freedom®
- Chase Freedom Unlimited®
- Ink Business Cash℠ Credit Card
- Ink Business Unlimited℠ Credit Card
But in order to be able to transfer the Chase Ultimate Rewards points you earn with these cards, you’ll need to have one of the annual-fee Chase Ultimate Rewards cards. Then you can pool your points onto that card and transfer them to one of the Chase Ultimate Rewards travel partners.
The Chase IHG Premier card is a great card for folks looking to save on their hotel stays. Once you’re approved for the card, you can earn 80,000 IHG points after spending $2,000 on purchases within the first 3 months of account opening.
That’s enough points for a free night at an expensive $1,000+ per night resort. Or you could use those points to cover your hotel stay for a week or more of vacation!
The card has an $89 annual fee. But with perks like the Global Entry or TSA PreCheck application fee reimbursement, 4th award night free benefit, and the annual free night certificate, it’s worth keeping year after year.
Apply here for the Chase IHG Premier credit card.