Earn a Record High 150,000 Bonus Points with the IHG Rewards Premier Card

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Chase has just increased the offer on the IHG® Rewards Club Premier Credit Card to a record-setting 150,000 bonus points. Not only is this an all-time-high bonus for new cardmembers, but this offer also waives the card's $89 annual fee for the first year.

The IHG Rewards Premier Card was already one of our favorite cards thanks to great benefits like complimentary elite status, a Reward Night Certificate each year, and your fourth night free on award bookings.

With more points up for grabs than ever before—and a waived annual fee that lets you test out the benefits for a full year—now is the perfect time to add this card to your wallet.

IHG® Rewards Club Premier Credit Card
IHG® Rewards Club Premier Credit Card
Annual Fee$0 intro annual fee for the first year, then $89
Welcome Bonus Earn 150,000 bonus points after spending $3,000 on purchases within the first three months of account opening.
  • Earn 150,000 bonus points after spending $3,000 on purchases within the first three months of account opening
  • Enjoy a Reward Night after each account anniversary year at eligible IHG hotels worldwide. Plus, enjoy a reward night when you redeem points for any stay of 4 or more nights
  • Earn up to 25 points total per $1 spent when you stay at an IHG hotel
  • Earn 2 points per $1 spent on purchases at gas stations, grocery stores, and restaurants. Earn 1 point per $1 spent on all other purchases
  • Platinum Elite status as long as you remain a Premier card member
  • Global Entry or TSA Pre✔® Fee Credit of up to $100 every 4 years as reimbursement for the application fee charged to your card
  • IHG Rewards Club Bonus points are redeemable at hotels such as InterContinental®, Crowne Plaza®, Kimpton®, EVEN® Hotels, Indigo® Hotels & Holiday Inn®
  • Earn 25 points total per $1 spent when you stay at an IHG hotel
  • 2X points per $1 spent on purchases at gas stations, grocery stores, and restaurants
  • 1X point per $1 spent on all other purchases

The earning for spending at IHG hotels breaks down as follows:
  • Earn 10X points for being a IHG® Rewards Club Premier Credit Cardmember
  • Earn 5X points from IHG® with Platinum Elite Status, a benefit of having this card
  • Earn 10X points from IHG® for being an IHG® Rewards Club Member (Being a cardholder is not required to earn this bonus for participating in the IHG® loyalty program)

Feature Benefits of the IHG Rewards Premier Card

  • Anniversary Reward Night Certificate — The hero benefit of the IHG Rewards Premier Card and the reason it pays for itself over the long term. The IHG Anniversary Night is valid at any IHG property that costs up to 40,000 points.
  • Fourth Night Free — Akin to a 25% discount on award stays of four nights, cardholders receive the fourth night free on award redemptions. Just redeem your points for a four-night stay at an IHG property, and IHG will only charge you for three nights!
  • IHG Platinum Elite Status — Receive Platinum Elite Status for as long as you retain the IHG Rewards Premier Card. While not as feature-rich as the best mid-tier hotel elite status, Platinum Elite members receive perks like complimentary upgrades and late checkout when available, plus you’ll earn up to 15X points per dollar spent at most IHG brands. If you pay the bill with your IHG Rewards Premier Card, that’s 25X points per dollar spent with IHG!
  • Save 20% on Points Purchases — There are situations when buying points can save you a bundle compared to paying cash for your stay. It's important to note that, according to the terms and conditions, the 20% discount on points purchases can't be combined with other deals or discounts. In other words, you likely won't be able to combine this with the regular points sales where IHG sells points for as little as 0.5¢ each. Still, the benefit could be a great value when you buy points to redeem for PointBreaks properties or high-end redemptions like Kimpton hotels.
  • Global Entry/TSA PreCheck Credit — Cardholders receive a statement credit of up to $100 every four years to cover the TSA PreCheck or Global Entry application fees.

Best Ways to Redeem IHG Rewards Club Points

IHG reward nights range in price from 10,000 points per night for entry level hotels, up to 70,000 points per night for a premium InterContinental and Kimpton properties. While the lion's share of IHG redemptions return a consistent value around the ~0.5¢ per point mark, we've shared a list of our top IHG Rewards Club redemptions, alongside some exceptional properties that come in at or under the critical 40,000 point mark, perfect for redeeming your IHG reward night.

intercontinental-bangkok-hotel
Use complimentary Reward Night Certificate to stay at the new InterContinental Bangkok

Another unique feature of IHG Rewards Club is the ability to use a mix of points and cash when booking a hotel stay. If you don’t have enough points in your account to book your desired hotel or want to extend your stay past what your points alone will allow, you can use a mix of points and cash to secure your booking. Plus, there's a quick workaround that allows you to use points and cash bookings to pick up IHG points for as little as half a cent each!

Application Restrictions

Chase imposes multiple restrictions on rewards credit card applications. The first is a published application rule stating you can’t get the IHG Rewards Premier Card if you currently hold the card or have received a signup bonus for it in the previous 24 months.

This product is not available to either (i) current cardmembers of this credit card, or (ii) previous cardmembers of this credit card who received a new cardmember bonus for this credit card within the last 24 months.

The second (unpublished rule) is Chase’s 5/24 policy. If you’ve been approved for five or more personal credit cards in the previous 24 months, you won’t be approved for this card.

Final Thoughts

While we've seen this card offer as many as 140,000 bonus points in the past, the latest 150,000-point bonus and a waived annual fee for the first year is a pretty big deal!

It's rare to see a hotel signup bonus that can put so many travel possibilities within easy reach. Top-tier IHG brands like InterContinental and Kimpton can often be booked for less than 50,000 points per night. Combine that with the IHG Rewards Premier Card‘s 4th night free on award stays, and you could be spending four nights at some of the world's classiest (and most expensive hotels).

And the great thing about IHG is that the majority of its properties cost quite a bit less. Out of nearly 6,000 award trips tracked by AwardWallet, the average free night with IHG comes in at around 23,500 points. At that price, you could potentially book two four-night stays using the 4th-night-free benefit.

Just don't spend too much time daydreaming about spending the bonus and forget to apply. Because it's a pretty safe bet that this offer won't last long (and probably won't be back again any time soon.)

IHG® Rewards Club Premier Credit Card
IHG® Rewards Club Premier Credit Card
Annual Fee$0 intro annual fee for the first year, then $89
Welcome Bonus Earn 150,000 bonus points after spending $3,000 on purchases within the first three months of account opening.
  • Earn 150,000 bonus points after spending $3,000 on purchases within the first three months of account opening
  • Enjoy a Reward Night after each account anniversary year at eligible IHG hotels worldwide. Plus, enjoy a reward night when you redeem points for any stay of 4 or more nights
  • Earn up to 25 points total per $1 spent when you stay at an IHG hotel
  • Earn 2 points per $1 spent on purchases at gas stations, grocery stores, and restaurants. Earn 1 point per $1 spent on all other purchases
  • Platinum Elite status as long as you remain a Premier card member
  • Global Entry or TSA Pre✔® Fee Credit of up to $100 every 4 years as reimbursement for the application fee charged to your card
  • IHG Rewards Club Bonus points are redeemable at hotels such as InterContinental®, Crowne Plaza®, Kimpton®, EVEN® Hotels, Indigo® Hotels & Holiday Inn®
  • Earn 25 points total per $1 spent when you stay at an IHG hotel
  • 2X points per $1 spent on purchases at gas stations, grocery stores, and restaurants
  • 1X point per $1 spent on all other purchases

The earning for spending at IHG hotels breaks down as follows:
  • Earn 10X points for being a IHG® Rewards Club Premier Credit Cardmember
  • Earn 5X points from IHG® with Platinum Elite Status, a benefit of having this card
  • Earn 10X points from IHG® for being an IHG® Rewards Club Member (Being a cardholder is not required to earn this bonus for participating in the IHG® loyalty program)

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Comments

  • Is there any speculation on when this offer will end?

  • This looks a really good deal, but most of these offers/link-ups seem to be unavailable to people outside the US.

    I’m sure there’d be a huge demand in the UK if more of these offers were available from UK banks and credit/loyalty cards.

  • They do keep upping the offer. Had picked up the Premier card when they had the 140k offer with first year fee waived plus the $50 credit. I suppose they will have the $50 credit soon enough to this offer as well.

    • lenin1991 says:

      Still don’t think we’ve seen the $50 gift card on this one yet, so while this is the “high” offer, it is not the “best”

      • Debanjan Dey says:

        10K points is worth $80 as per TPG’s valuation

        So if they changed the offer from (140K points + $50 gift card) to (150K points), then this does seem to be the best offer to date. Lets see if they add another gift card over this…

  • any way to get 10% point rebate for award stay redemption?

    • JT Genter says:

      Are you referencing the 10% rebate on the Chase IHG Classic card? If so, you can keep that Classic card and get the IHG Premier Card to get both 10% back and a 4th night free!

  • Lisa Suzuki says:

    IHG isn’t a high end hotels. However the offer looks good. I will try to find one. Thanks

  • Great card. Highly recommended. Can’t wait until Vietnam reopens so I can use my points and benefits at the IC Da Nang.

  • ROSEMARIE says:

    The offer is an excellent one. Chase and IHG Hotels are really trying to generate excitement as people are starting to travel in large numbers.

  • Last month I took advantage of their offer to earn 160,000 bonus points, but you had to pay $89 annual fee. That being said, it covered the cost of one TSA pre-check membership so it was worth it.

  • Anniversary Certificate + 150000 points + 25% discount = could probably stay at any great location!!

  • Great information!!

  • So many super generous sign up’s and promos right now! I can only hope this doesn’t lead to an eventual devaluation of these rewards programmes

  • I’m jealous; they keep upping the SUB since I got the Select and Premier cards.

  • They keep upping the SUB. Makes me jealous; I already have the Select and Premier.

  • Jennifer says:

    It seems like IHG is giving away points but at the same time is taking it away by increasing the points requirement per stay. They have been increasing it every year for a while already. Even during the pandemic, the points needed for stay were still so high.

  • 150000 points + 25% discount + Anniversary Certificate could probably yield a nice stay in the Sydney area.

  • I hope this is available for a few months. I might get this IHG offer after meeting my $30k spend on my British Airways card, but it’s taking longer this year without travel.

  • Great bonus on a solid card….hope Chase still has a decent bonus when I get under the 5/24 rule….love the free annual nite at IHG properties as well with this card.

  • Was waiting for the 150k deal, the fact that they waived the annual fee is great.

  • I acted on an AwardWallet recommendation and got this card at (what I hope will prove to be) the height of the pandemic. Just beginning to put it through its paces on some paid as well as award stays. The jury is still out, but it appears to be a positive verdict. Platinum status doesn’t seem to carry much water, but the points do pile up rapidly on those paid stays when using the card. As always, thanks for the well researched advice.

  • Eugene Belogorsky says:

    I have a wallet full of credit cards (well 3 anyway) and have no idea how to redeem the points for airline tickets that are not full of restrictions on what days, times, destinations I can use.
    What card should I get and use where everything can be on one card and I can consolidate all the points to actually use them. I am willing to spend a few hundred dollars a year for that luxury so that I can actually go somewhere! I have been considering Bali, Tahiti, Hawaii among others and would prefer for most of them (maybe not Hawaii?) to be able to be on Business Class.
    Can you help me

  • 150K points after spending just $3K, and no fee… feels like a no-brainer to this Marriott Titanium member.

  • IHG isn’t have as many high end hotels as other brands like Hilton, Marriott. But the offer looks good if a matching hotel can be found to use points.