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The IHG One Rewards Premier Business Credit Card has its biggest-ever offer of up to 200,000 bonus points.
- Earn 140,000 Bonus Points after spending $4,000 on purchases in the first 3 months from account opening.
- Plus, earn 60,000 Bonus Points after spending a total of $9,000 in the first 6 months from account opening.
The card is clearly worth getting for this bonus offer alone. And its $99 annual fee is worth it on an ongoing basis, because you receive an anniversary free night for IHG Hotels & Resorts. And, when cardholders redeem points for a consecutive four-night IHG hotel stay, the fourth redemption night is free. That benefit can be huge. And cardmembers receive automatic Platinum Elite status, which they keep as long as the card remains open.
I don’t love the card for ongoing spend, since I value an IHG point at around half a cent apiece and the card offers 5x on travel, at gas stations, select advertising, and restaurants – which is good but not top of market – plus 10x at IHG properties (good, but I’ll take Sapphire Reserve here) and 3x on all other purchases.
Other benefits include,
- $100 statement credit and 10,000 bonus points each calendar year after spending at least $20,000 in purchases on the card.
- United Airlines TravelBank Cash one $25 TravelBank cash deposit in January and another in July (registration required).
- Diamond Elite Status after $40,000 in purchases in a calendar year, valid through December 31 of the following year.
- Additional Free Night after $60,000 in purchases in a caledar year valid with a point redemption value of up to 40,000 points
- 20% savings on Points Purchases when paying with the card, cannot be combined with any other points purchase offer.
- Global Entry, TSA PreCheck or NEXUS Statement Credit up to $120 every 4 years as reimbursement for the application fee charged to your card.
I view this card as a good add, a keeper, but in the sock drawer for many.
I have the legacy IHG card. Free night, lower fee, plat status. I’m sticking with it.
They keep on upping the bonus but its value just keeps getting smaller. I wish they would stop raising the bonus and make the free nights cost less instead.
On the surface, this seems like a good deal. The travel bank credit is good to offset the annual fee, the free night and free 4th night are excellent as well but the high spending to get the extra benefits isn’t worth it on this card unless you have a business that spends tons at IHG. I suspect the fine print makes the 20% on points purchases not that valuable either.
As a legacy IHG personal card holder, I assume but would have to confirm that I’d be eligible for this business version.
I’m a huge fan of IHG ever since the acquired Six Senses–many of those highest-end properties (like the one in the Seychelles, the Maldives, or Fiji) are nearly as nice as some Aman, Four Seasons, One&Only, Rosewood, Mandarin Oriental, Shangri-La, St. Regis, Ritz-Carlton, Waldorf-Astoria, etc. properties.
Gary is right–this is indeed the highest bonus for this card, ever. I got 175K on the personal card, back in the day, and felt good about it. That said, the points are simply not what they used to be worth–now, it’s a ‘good’ deal when you get 0.5 cents per point for IHG. So, get your bonus, use your benefits, make the most of it while you can.
Recall, for the United Travel Bank benefit, if you already have the personal card, you unfortunately cannot double-dip if you also get the business card. No biggie, but, to me, that’s really silly–like, they should let you earn both $50 credits. After all, you pay the annual fees for both. It’s just ‘cheap’ when they create exceptions like that. And those $25/semi-annual do expire in about 6 months, so unlike typical Travel Bank (which expires after 5 years), it’s much tighter. Most of us fly United at least once every 6 months though, so unless there’s another global pandemic, recession, or world war, you should be fine, right? RIGHT??
It sounds good on the surface but the extra $5,000 spend for only 60,000 points doesn’t seem worth it for me. I’d rather get a second card for that spend but some people need to limit their applications so could be an option for them.
@ 1990 — I wonder is a guy named Scott is behind said cheapness. I personally experience about 50% breakage on this benefit anyway…