In this review of the IHG One Rewards Premier Credit Card, we take a look at its features and how it can be of benefit to frequent travelers with loyalty to IHG hotels. The card comes with a free anniversary night, a generous welcome bonus free nights after spending $4,000 on purchases in the first three months from account opening, a free reward night when you redeem reward points for a stay of four nights or more, and high reward rates on travel purchases made with the card.
MoneyGeek’s Take
IHG One Rewards Premier Credit Card Review
Updated: July 11, 2024
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IHG One Rewards Premier Credit Card
Rewards Rate
Earn up to 26 total points per $1 spent when you s...APR
21.49% – 28.49% VariableAnnual Fee
$99Recommended Credit
670-850 (Good to Excellent)- We like the IHG One Rewards Premier Credit Card because it offers multiple benefits for IHG Rewards Club members. For starters, it has a welcome bonus of 5 free nights after spending $4,000 on purchases in the first three months from account opening. Plus, you also earn 10,000 bonus points if you spend $20,000 on purchases and make at least one additional purchase every account anniversary year.
You earn up to 26X reward points when you spend at IHG properties. Spending on travel, dining, and at gas stations comes with 5X points. All other eligible purchases earn 3X points. When redeeming your points, you get to choose from reward nights, online shopping, magazine subscriptions, airline miles, and more.
Once you get your IHG Rewards Club Premier Credit Card, you get IHG Rewards Club Platinum Elite status automatically. This qualifies you for a reward night after each account anniversary. When you use your points to pay for three or more nights, you get an additional reward night.
Not having to pay foreign transaction fees can lead to savings when you use this card outside of the U.S. Other benefits come in the form of Global Entry/TSA PreCheck fee credit, baggage delay insurance, lost luggage reimbursement, trip cancellation/trip interruption insurance and purchase protection.
The IHG Rewards Club Premier Credit Card comes with an $99 annual fee.
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IHG One Rewards Premier Credit Card Overview
The Chase IHG One Rewards Premier Credit Card comes with many benefits. You can earn rewards up to 26x points for purchases with IHG. You earn 10 reward points for every dollar spent at IHG hotels and resorts as a cardholder and up to 10 points per dollar for being a member of the IHG Rewards Club. You can earn a further five points for every dollar on account of your Platinum Elite Status with IHG. Welcome bonus offer of 5 free nights is contingent on spending at least $4,000 in the first three months, and you can earn a further 10,000 points if you spend $20,000 on purchases in a calendar year. You also get one free anniversary night every year and another free night when you redeem your rewards for a stay of four or more nights.
You can redeem your points in the following ways:
Quick Take
- Earn 5 Free nights after spending $4,000 on purchases in the first three months from account opening.
- Enjoy an anniversary free night at IHG Hotels & Resorts.
- Get a fourth reward night free when you redeem points for a consecutive four-night stay at IHG hotels.
- Earn up to 26 points per dollar spent at IHG Hotels & Resorts.
- Earn 5 points per dollar on travel, gas stations, and restaurants.
- Earn 3 points per dollar on all other purchases.
- Automatic Platinum Elite status as long as you remain a Premier cardmember.
- Receive a Global Entry, TSA PreCheck, or NEXUS statement credit of up to $100 every four years.
- Redeem IHG One Rewards Bonus points at various IHG Hotels & Resorts, including InterContinental, Crowne Plaza, Kimpton, EVEN Hotels, Indigo Hotels, and Holiday Inn.
- Member FDIC
Important Card Details
Regular APR
The card charges a variable APR of 21.49% – 28.49% for both purchases and balance transfers.
Annual Fee
The annual fee for the card is $99. However, this fee is waived for the first year of use.
Other Fees
The card does not charge foreign transaction fees. For cash advances, the card charges either $10 or 5% of each transaction, whichever is higher.
Additional Benefits
The IHG One Rewards Premier Credit Card comes with several other benefits and perks.
- Elite status perks: The card comes with a complimentary Platinum Elite status membership with IHG, which comes with several perks. You can enjoy guaranteed room availability, 50% increased bonus earnings on hotel stays, complimentary room upgrades on eligible stays, late checkout and free minibar access at eligible hotels.
- Global Entry or TSA PreCheck: If you use your credit card to pay for Global Entry or TSA PreCheck applications, you are eligible for reimbursement of up to $100 once every four years.
- Luggage protection: With this card, you can qualify for reimbursement of up to $100 per day for a maximum of three days for basic supplies if your luggage is more than six hours late. If your luggage gets damaged or lost, you can get up to $3,000 in compensation per passenger.
- Travel insurance: With the IHG One Rewards Premier Credit Card, you have access to trip cancellation and interruption insurance, which reimburses up to $5,000 per person and $10,000 per trip if your trip is canceled or shortened on covered incidents.
- Purchase protection: New purchases remain covered against damage or theft for a period of up to 120 days from the date of purchase, up to $500 per claim and $50,000 per card account. Also, you can activate a one-year warranty extension for new purchases made using the card for warranties of three years or less.
How the IHG One Rewards Premier Credit Card Compares To Other Cards
The IHG One Rewards Premier Credit Card can present good value for frequent travelers with brand loyalty to IHG. However, to get a better idea about what might work best for you, you can take a look at viable alternatives.
In-Depth Credit Card Comparisons:
How the IHG One Rewards Premier Credit Card Compares
IHG One Rewards Premier Credit Card
- Annual Fee: $99
- Reward Rate: 1x–26x reward points
- Free stays: Free night award on each card member's anniversary
- Platinum Elite status with IHG
- Best for: Travelers with loyalty to IHG
Marriott Bonvoy Boundless® Credit Card
- Annual Fee: $95
- Reward Rate: 2x–17x reward points
- Free Stays: Free night award on each card member's anniversary
- Silver Elite status with Marriott
- Best for: Travelers with loyalty to Marriott
Frequently Asked Questions
What is the average credit score needed to get approved for IHG One Rewards Premier Credit Card?
You need a good to excellent credit rating to get approved.
Does IHG One Rewards Premier Credit Card report to all three credit bureaus?
Yes, it reports to all three credit bureaus.
Is the IHG One Rewards Premier Credit Card application process lengthy? Can you prequalify?
The application process is simple and can be completed online.
What information is needed to apply for IHG One Rewards Premier Credit Card?
To apply, you need to provide personal information like your name, address, date of birth and Social Security number, along with all relevant financial information.
Does IHG One Rewards Premier Credit Card have good customer service or satisfaction?
Chase scores high on customer satisfaction. You can contact support via the 24/7 helpline and secure chat.
Does IHG One Rewards Premier Credit Card have a mobile app or the option to pay or manage your account online?
You can use the mobile app to pay and manage your account online.
Does IHG One Rewards Premier Credit Card raise credit limits automatically or charge for limit increases?
You can file an application with Chase to increase your credit limit. There is no fee for limit increases.
Does IHG One Rewards Premier Credit Card offer the options to freeze your credit/account or have other security features?
The card comes with several security features, including fraud protection and the ability to freeze the card with the mobile app.
Does Chase offer other credit cards besides IHG One Rewards Premier Credit Card?
Chase offers many other credit cards, like the Ink Business Preferred® Credit Card and World of Hyatt Credit Cards.
About Doug Milnes, CFA
Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.
Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.
sources
- Chase Credit Cards. "IHG One Rewards Premier Credit Card." Accessed September 5, 2021.
- Consumer Finance Protection Bureau. "Credit card agreement database." Accessed September 5, 2021.
*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.