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The new Chase-issued IHG® Rewards Club Premier Credit Card has its biggest-ever bonus. There are new benefits for this product launched last summer, even legacy IHG Rewards Club credit card customers can apply, and anecdotally IHG cards have been relatively easier to get approved for.
The offer – not just up front for getting the card, and recurring for keeping the card, but even to encourage spend over the first year really surprises me (in a good way).
Intercontinental Kuala Lumpur
There are 9 reasons to get this card:
- 125,000 points. The card’s initial bonus lets you earn 125,000 bonus points after spending $3,000 on purchases within the first three months of account opening. When Chase had an offer of almost as many points before it required more spending. Last summer there was a 100,000 point offer. Their previous offer of 80,000 points was as big as they’d ever gone with an IHG Rewards Club card. So this is unprecedented.
- Elite status. You get Platinum elite status as long as you’re a cardmember.
- Annual free night after each account anniversary year. The annual free night is limited to most of the hotels that are bookable for 40,000 points per night or less. It also must be used within 12 months of issue.
- Free reward night on points stays of 4 or more nights. That’s better than the ‘5th night free’ some other chains offer and amounts to a 25% discount on four night award stays.
- Put all your spend at IHG hotels on the card, and stay at IHG hotels as often as you can. For the first 12 months this card will earn 25 points per dollar at IHG hotel properties. That strikes me as much stronger earn than any other card at any other hotel chain. If you can move reimbursable business stays to IHG properties and pay with the card that’s tempting. If you make personal stays the strong rebate makes them more attractive.
- Even use it for everyday spend. Normally I don’t like IHG cards, or really any hotel card, for everyday spend. However for the first 12 months it will earn 4 points per dollar on all other spend which makes the card worth using. That makes it as good or better than most cards, I’d rather earn that than one Chase point or American Express point. It’s not the absolute best you can do for unbonused spend but it’s attractive.
- Anecdotally easier to get approved than other Chase travel cards. While you can only get approved if you’ve had fewer than 5 new credit card accounts in the last 24 months, readers share that they have an easier time getting approved for this card than other Chase airline, hotel, or Ultimate Rewards points cards.
- New card product. If you have a legacy IHG Rewards Club credit card reports are people are getting approved for this one too. That’s great for the 4th night free on points redemptions and the annual free night as well as the signup bonus points. Of course if you have the card currently you are not eligible for another one, nor are you eligible if you have received an initial bonus for the card within the past 24 months (it’s been available less than a year).
- Gift someone Global Entry. The card comes with Global Entry or TSA Precheck fee credit (up to $100 every 4 years). I have tons of cards now with similar benefit, so I have gifted the credit to friends. They just use my card to pay the application fee and it credits back automatically.
The card is worth getting, in my opinion. And it’s worth keeping for the annual free night and for the 4th night free on IHG Rewards Club free night redemptions. I’d definitely use it for IHG hotel spend. Bottom-line is that the card has a good bonus and once you have the card it’s worth keeping.