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: November 21, 2024
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IHG One Rewards Premier Credit Card
On Issuer's Site
Rewards Summary
Earn 3X – 26X pointsEarn up to 26 total points per $1 spent when you stay at IHG Hotels & Resorts, 5 points per $1 spent on purchases on travel, at gas stations, and restaurants, and earn 3 points per $1 spent on all other purchases.
APR
20.74% - 27.74% VariableAnnual Fee
$99Recommended Credit
670-850 (Good to Excellent)Moneygeek.com credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.
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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 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.
Important Card Details
Regular APR
The card charges a variable APR of 20.74% - 27.74% for both purchases and balance transfers.
Annual Fee
The annual fee for the card is $99, $0 for the first year.
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. ($120 starting 10/1/2024)
- 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: Earn up to 26 total points per $1 spent when you stay at IHG Hotels & Resorts, 5 points per $1 spent on purchases on travel, at gas stations, and restaurants, and earn 3 points per $1 spent on all other purchases.
- 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: Earn 6X total Bonvoy points at thousands of hotels participating in Marriott Bonvoy® with the Marriott Bonvoy Boundless® Card (up to 17X points through the Bonvoy loyalty program with Silver Elite status), 2X Bonvoy points on all other purchases and 3X points on grocery store, gas station and dining purchases (up to $6,000 in combined purchases each year, then 2X 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.
All information about the Marriott Bonvoy Boundless® Credit Card has been collected independently by Moneygeek.com and has not been reviewed by the issuer.
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 November 21, 2024.
- Consumer Finance Protection Bureau. "Credit card agreement database." Accessed November 21, 2024.
*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.
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.
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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.