IHG One Rewards Premier: Hotel Rewards with Free Night and Elite Perks

Pros and Cons

Pros:

• Sign-up bonus
• Up to 26X points on IHG stays
• 5X points on travel, dining, and gas
• 3X points on all other purchases
• 20% discount on points purchases
• Every fourth award night free when you redeem points for a stay of four or more consecutive nights
• No foreign transaction fees
• Free night at eligible IHG properties every account anniversary
• Annual spending bonus
• Global Entry, TSA PreCheck^®, or NEXUS credit
• Up to $50 United^® Airlines TravelBank Cash each calendar year
• Automatic Platinum Elite status
• Travel protections
• Purchase protection

Cons:

• Limited redemptions outside of IHG hotels & resorts
• Points have a low value
• $99 annual fee
• No intro 0% APR

Welcome offer

Earn 140,000 bonus points after spending $3,000 in the first three months.

Rewards

• Up to 26X Points at IHG^® Hotels and Resorts: 10X points with the IHG One Rewards Premier Card + up to 10X points as an IHG One Rewards member + up to 6X point with Platinum Elite Status, a benefit of being an IHG One Rewards Premier cardmember.
• 5X Points Categories: 
  • Gas Stations
  • Dining
  • Travel
• 3X Points on all other purchases.
• 20% Discount on Points Purchases: Save 20% when you purchase points with your IHG One Rewards Premier credit card.

Redemption Options

• Redeem rewards for free nights at IHG^® Hotels and Resorts, travel, and more.
• Redeem 3 Nights, Get 4th Night Free: Redeem points for a consecutive four-night stay at the same IHG^® hotel and get the 4th night free.

Big4credit Tip: Redeem points for IHG hotel stays to get the best value. IHG One Rewards points typically provide the highest value when redeemed for free nights, often exceeding 0.7 cents per point, especially during promotions or when using the card’s Fourth Reward Night Free benefit. Other redemption options generally provide a lower value per point. Before redeeming, compare the cash price with the points required to ensure you’re getting good value from your rewards.

Fees and APR

• Annual Fee: $99.
• Regular APR: 19.24% - 27.74% Variable APR.
• Balance Transfer Fees: $5 or 5% of each transfer amount, whichever is greater.
• Foreign Transaction Fee: None.

Big4credit Tip: The $99 annual fee can be easy to justify for frequent IHG guests. The card includes several benefits that can offset its annual fee, including an anniversary free night, automatic IHG One Rewards Platinum Elite status, up to $120 in statement credits for Global Entry, TSA PreCheck^®, or NEXUS every four years, and up to $50 United Airline TravelBank Cash annually. Combined with a strong welcome offer, these perks can provide significant value for cardholders who regularly stay at IHG Hotels & Resorts and take advantage of the available credits.

Annual Credits & Statement Credits

• Anniversary Free Night: Receive a free night at eligible IHG properties each account anniversary (up to 40,000 points), with the option to top off using additional IHG One Rewards points for higher-value stays.
• Annual Spending Bonus: Earn a $100 statement credit and 10,000 bonus points after spending $20,000 in purchases each calendar year.
• Up to $120 Global Entry, TSA PreCheck^®, or NEXUS Credit: Receive a statement credit (up to $120 every four years) as reimbursement for your Global Entry^®, TSA PreCheck^®, or NEXUS application fee.

Travel Benefits

• Early Access to IHG Reward Night Sales: Get early access to IHG One Rewards Reward Night sales each year as a cardmember.
• Up to $50 United^® Airlines TravelBank Cash: Get up to $50 in United^® TravelBank cash each calendar year after registering your card with your MileagePlus^® account.

Hotel Elite Status

• IHG One Rewards Platinum Elite Status: Enjoy automatic Platinum Elite status with benefits like room upgrades, late checkout, and bonus points on stays.
• Diamond Elite Status: Earn Diamond Elite status when you spend $40,000 in a calendar year, valid through December 31 of the following year.

Travel Protections

• Baggage Delay Insurance: Get reimbursed up to $100 per day for up to 3 days for essential purchases if your baggage is delayed more than 6 hours.
• Lost Luggage Reimbursement: Get up to $3,000 per covered traveler to repair or replace checked or carry-on baggage that is lost, damaged, or stolen during a covered trip.
• Trip Cancellation & Interruption Insurance: Get reimbursed up to $5,000 per person and $10,000 per trip for prepaid, nonrefundable fares if your trip is canceled or interrupted due to covered reasons like illness or severe weather.

Purchase Protections

Purchase Protection: Covers new purchases for 120 days against damage or theft, up to $500 per claim and $50,000 per year.

Lifestyle Perks

• DashPass Membership (DoorDash & Caviar): Get complimentary DashPass membership (a $120 value for 12 months), which gives you $0 delivery fees and lower service fees on eligible orders. Activate by December 31, 2027 to enjoy at least one year of benefits.
• Up to $10 off Quarterly: DashPass members get up to $10 off quarterly on non-restaurant DoorDash orders through December 31, 2027.

Buy Now, Pay Later Options

Chase Pay Over Time^®: Split eligible purchases into fixed monthly payments with no interest, just a fixed monthly fee shown upfront.

Ratings

• Net Value & Cost Efficiency: 9/10
• Rewards & Earnings Power: 7/10
• Welcome Bonus Value: 9/10
• First-Year Earning Boost: 0/10
• APR & Interest Structure: 3/10
• Simplicity & Transparency: 7/10
• Perks, Benefits & Protections: 5.6/10
• Issuer Credibility & Stability: 8.1/10
• Installment & BNPL Features: 7/10
• Eligibility & Approval Accessibility: 7/10

Terms and Conditions

Click Apply Now to see the terms and conditions.

Related Cards

Business owners: If you’re looking to earn IHG rewards on business expenses, consider the IHG One Rewards Premier Business Credit Card, which offers similar hotel perks plus business-friendly features.