MoneyGeek’s Take

IHG One Rewards Premier Credit Card Review

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ByDoug Milnes, CFA
Reviewed byAlene Laney
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ByDoug Milnes, CFA
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Reviewed byAlene Laney
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Updated: June 10, 2024

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IHG One Rewards Premier Credit Card

Rewards RateEarn up to 26 total points per $1 spent when you s...
APR21.49% – 28.49% Variable
Annual Fee$99
Recommended CreditGood–Excellent
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At MoneyGeek, we follow a meticulous and detail-oriented process of reviewing credit cards. We collect data from the Consumer Financial Protection Bureau database, standardize data points for easy analysis, determine the long-term value of cards, analyze average spending profiles and re-rank our cards frequently.

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 of 140,000 reward points, 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.

IHG One Rewards Premier Credit Card Overview

The Chase IHG One Rewards Premier Credit Card comes with many benefits. You can earn rewards at a 26x rate 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 140,000 bonus points is contingent on spending at least $3,000 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 140,000 Bonus Points after spending $3,000 on purchases in the first 3 months from account opening
  • Stand to earn 10,000 bonus points each year by spending $20,000 on purchases and making one additional purchase.
  • Earn up to 26 total points per $1 spent when you stay at IHG Hotels & Resorts. Earn 5 points per $1 spent on purchases on travel, at gas stations, and restaurants. Earn 3 points per $1 spent on all other purchases.
  • Automatic Platinum Elite status as long as you remain a Premier cardmember
  • Enjoy an Anniversary Free Night at IHG Hotels & Resorts. Plus, enjoy a fourth reward night free when you redeem points for a consecutive four-night IHG® hotel stay.
  • Get protection when you’re traveling through trip cancellation/trip interruption insurance, lost luggage reimbursement and baggage delay insurance.
  • Safeguard your purchases against damage and theft (up to $500 per claim) for 120 days through purchase protection.
  • Get a $100 credit as reimbursement for Global Entry/TSA PreCheck fees every four years.
  • Member FDIC

Important Card Details

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    Regular APR

    The card charges a variable APR of 21.49% – 28.49% for both purchases and balance transfers.

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    Annual Fee

    The annual fee for the card is $99. However, this fee is waived for the first year of use.

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    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

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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
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Marriott Bonvoy Boundless® Credit Card

  • Annual Fee: $95
  • Reward Rate: 1x–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?
Does IHG One Rewards Premier Credit Card report to all three credit bureaus?
Is the IHG One Rewards Premier Credit Card application process lengthy? Can you prequalify?
What information is needed to apply for IHG One Rewards Premier Credit Card?
Does IHG One Rewards Premier Credit Card have good customer service or satisfaction?
Does IHG One Rewards Premier Credit Card have a mobile app or the option to pay or manage your account online?
Does IHG One Rewards Premier Credit Card raise credit limits automatically or charge for limit increases?
Does IHG One Rewards Premier Credit Card offer the options to freeze your credit/account or have other security features?
Does Chase offer other credit cards besides IHG One Rewards Premier Credit Card?

About Doug Milnes, CFA


Doug Milnes, CFA headshot

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.


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*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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