Chase IHG One Rewards Premier Credit Card Overview

[2024.7 Update] The 5 Free Nights (up to 60k) sign-up bonus has become a public offer. This is the highest sign-up bonus for this card.

[2024.6 Update] The highest sign-up bonus ever: 5 Free Nights (up to 60k) Black car linkIf you can't open it, you can try the incognito mode. HT: US card forum yqgs. In addition, according to reliable gossip, this offer will become public on July 11. If you don't want to take the risk of using a black car link, just wait.

[Updated 2024.4] The high sign-up bonus has expired. Currently, there is only a lousy sign-up bonus of 140k. Please wait patiently for the next big offer.

Application Link

• Chase IHG Premier

feature

1. 5FN sign-up bonus: Earn 5 Free Nights (FN) after spending $$4,000 within 3 months after account opening. Each FN can be used at IHG hotels with up to 60,000 points.This is the highest sign-up bonus for this card.
2. IHG Points are worth about 0.5 cents/point (hotel point valuation). The points required to redeem hotels of different levels: IHG reward redemption chart. We underestimated the value of 60k FN to be about $180, so the 5FN sign-up bonus is worth about $900.
3. Starting from the second year, every year after paying the annual fee, you will be given a 40k Free Night (FN). You can add points to redeem hotels above 40k, and there is no upper limit on the number of points you can add.
4. You can earn 10x IHG Points when staying at IHG hotels, 5x on travel, dining, and gas, and 3x on other purchases.
5. Cardholders can get $50 UA TravelBank every calendar year. This $50 is issued twice in the first and second half of the year, $25 on January 1st, and the remaining $25 on July 1st. The $25 for the first half of the year will expire on July 15 of the current year, and the $25 for the second half of the year will expire on January 15 of the following year. You need to register to get this benefit. The validity period is too short and the amount is too small, so it is not very practical. For tips on using this benefit, please see "Tips on Using Chase IHG Premier Benefits: $25 United Travel Bank Cash".
6. Every year (cardmember year), if you spend $20k or more, you will receive an extra 10k IHG points + $100 statement credit.
7. Buy points at IHG and get 20% discount.
8. Redeem IHG points for four consecutive nights and get the last night free.
9. Cardholders will receive IHG Platinum membership, and those who spend $40k or more will receive IHG Diamond membership.
10. $800 mobile phone insurance: each claim limit is $800, annual limit is $1,000, deductible is $50. The insurance covers theft and damage. Just use this card to pay for your mobile phone bill.
11. Global Entry or TSA PreCheck $100 credit every 4 years.
12. No Foreign Transaction Fee (FTF).
13. You can Refer a friend for this card. Please click this link to start referring. If you recommend this card to a friend and the application is successful, you can get 10k IHG points for each successful application, up to a maximum of 50k (5 people) / calendar year.

shortcoming

1. The annual fee is $99, and the first year's annual fee is not waived.
2. It should be noted that Free Night is only valid for one year.

Recommended application time

1. [5/24 Policy] If you have 5 or more new credit card accounts (all new accounts, not just Chase accounts) within two years, Chase will not approve your application for this card no matter how high your credit score is. For details on how to circumvent the 5/24 rule, see "Chase 5/24 Rule Explained".
2. If you meet any of the following conditions, you will not be able to get the sign-up bonus and your application will be rejected immediately: (1) You currently hold any IHG credit card (including old IHG credit cards); (2) You have received a sign-up bonus from any IHG credit card within 24 months. Please note that the calculation starts from the time you receive the sign-up bonus, not the time you open or close the account. Business cards are not counted.
3. Try not to apply for more than 2 Chase cards within 30 days, otherwise you will be rejected. If you have applied for a lot of credit cards recently, please be cautious when applying for Chase credit cards, as you may be rejected by the whole family. For details, please refer to "How to Avoid Being Killed by Chase".
4. It is recommended to apply when your credit history is more than one year.

Summarize

For an introduction to IHG's hotel frequent flyer program, see "Introduction to IHG". Compared with several other groups, IHG's strengths are mainly in national parks, wild mountains and vast rural areas. After the revision, 40k FN can be redeemed for higher-level hotels with points, which greatly increases flexibility. This card is not suitable for daily consumption and points can only be used when staying at IHG hotels. The benefits of 10k points + $100 for $20k points per year are even more useless (after all, the value of points is too low). The long-term use of this card is to exchange a 40k FN for an annual fee of $99 every year. Whether it is worth it depends on your travel frequency.

Related credit cards

• Chase IHG Premier (this article)
• Chase IHG Traveler
• Chase IHG Old Version (Discontinued)
• Chase IHG Premier Business

After applying

• You can call 800-436-7927 to check the status of your Chase application. This is an automated call, and the information you get is as follows: Receive decision in 2 weeks: The chances of your application being approved are high; Receive decision in 7-10 days: The chances of your application being rejected are high; Receive decision in 30 days: It just means that further review is needed, and there is no more news to tell you at this time.
• Chase reconsideration backdoor number: 888-270-2127 or 888-609-7805. If you apply for a Chase card, as long as it is not approved in seconds, you can prepare to call these numbers. The customer service will directly ask for your personal information, and then go to review it. They rarely ask you questions, just listen to the music... After listening to the music, the customer service will give you a decision. In many cases, it is either approved or rejected. You may also be asked to provide additional materials. Listen carefully to the requirements and take the corresponding materials to the branch or fax them online.

Sign-up bonus trend chart

Application Link

• Chase IHG Premier