IHG Rewards Club Premier Now Offers a Bigger Bonus and an Annual Fee Waiver


The IHG® Rewards Club Premier Credit Card has always been a high-value, affordable option for travelers who like staying at IHG® hotels. And some recent limited-time upgrades have made it even better.

Not only does the sign-up bonus now offer an additional 15,000 points, but the $89 annual fee is also waived for the first year. This is currently the most valuable IHG® credit card bonus, although the hotel also has another credit card with an upgraded sign-up bonus.

The same sign-up bonus rules apply for both credit cards. You aren’t eligible if you’re a current cardholder or a previous cardholder who received a sign-up bonus in the previous 24 months.

Here’s a look at both sign-up bonuses and why the IHG® Rewards Club Premier Credit Card is the better choice.

One email a day could help you save thousands

Tips and tricks from the experts delivered straight to your inbox that could help you save thousands of dollars. Sign up now for free access to our Personal Finance Boot Camp.

By submitting your email address, you consent to us sending you money tips along with products and services that we think might interest you. You can unsubscribe at any time.
Please read our Privacy Statement and Terms & Conditions.

READ:  Don't Want to Return to In-Person Work? 3 Options to Pursue

IHG® Rewards Club Premier Credit Card

  • Current offer: 140,000 bonus points for spending $3,000 on purchases in three months; annual fee of $89 is waived for the first year
  • Previous offer: 125,000 bonus points for spending $3,000 on purchases in three months

Since IHG points are generally worth about $0.005 per point, the new bonus has an approximate value of $700. The exact value you get will depend on how you redeem those travel rewards, though. You’ll also save $89 in the first year thanks to the annual fee waiver.

Additional benefits of the IHG® Rewards Club Premier Credit Card include:

  • One free reward night after each account anniversary year, valid at IHG® hotels with a redemption level of 40,000 points or less
  • Earn 25 points per $1 at IHG®: That’s 10 points per $1 through the card itself, 10 points per $1 for being an IHG® Rewards Club member, and 5 points per $1 with Platinum Elite Status, a benefit of being a cardholder
  • Earn 2 points per $1 at gas stations, grocery stores, and restaurants
  • Earn 1 point per $1 on all other purchases

IHG® Rewards Club Traveler Credit Card

  • Current offer: 100,000 bonus points for spending $2,000 on purchases in three months
  • Previous offer: 75,000 bonus points for spending $2,000 on purchases in three months
READ:  When Will the Red-Hot Denver Housing Market Cool Off?

The IHG® Rewards Club Traveler Credit Card’s other benefits include:

  • No annual fee
  • Earn 15 points per $1 at IHG®: That’s 5 points per $1 through the card itself and 10 points per $1 for being an IHG® Rewards Club member
  • Earn 2 points per $1 at gas stations, grocery stores, and restaurants
  • Earn 1 point per $1 on all other purchases

Choosing an IHG® credit card

The IHG® Rewards Club Premier Credit Card is clearly the right card for almost everybody.

You’ll pay nothing with either card for the first year. You’ll get 40,000 more bonus points and earn 10 more points per $1 at IHG® if you open the IHG® Rewards Club Premier Credit Card. If you decide you don’t want to pay its $89 annual fee after a year, you can downgrade your credit card to the IHG® Rewards Club Traveler Credit Card.

The only reason to apply for the IHG® Rewards Club Traveler Credit Card is if you need a bonus with a lower spending minimum. Otherwise, the IHG® Rewards Club Premier Credit Card is the obvious choice. And since it gets you a free night every year, it also offers much more value, even with the annual fee.


View more information: https://www.fool.com/the-ascent/credit-cards/articles/ihg-rewards-club-premier-now-offers-bigger-bonus-and-annual-fee-waiver/

Articles in category: the ascent

Leave a Reply

Back to top button