See Rates & Fees, Terms Apply
IHG® Rewards Club Premier Credit Card
Rewards rate
1X–25XAnnual fee
$89Intro offer
125,000 pointsRegular APR
15.99% - 22.99% VariableRecommended Credit Score
Good to Excellent (670 - 850)IHG® Rewards Club Premier Credit Card review
Why you can trust Bankrate
At Bankrate, we have a mission to demystify the credit cards industry — regardless or where you are in your journey — and make it one you can navigate with confidence. Our team is full of a diverse range of experts from credit card pros to data analysts and, most importantly, people who shop for credit cards just like you. With this combination of expertise and perspectives, we keep close tabs on the credit card industry year-round to:
- Meet you wherever you are in your credit card journey to guide your information search and help you understand your options.
- Consistently provide up-to-date, reliable market information so you\'re well-equipped to make confident decisions.
- Reduce industry jargon so you get the clearest form of information possible, so you can make the right decision for you.
At Bankrate, we focus on the points consumers care about most: rewards, welcome offers and bonuses, APR, and overall customer experience. Any issuers discussed on our site are vetted based on the value they provide to consumers at each of these levels. At each step of the way, we fact-check ourselves to prioritize accuracy so we can continue to be here for your every next.
Editorial Integrity
Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.
Key Principles
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers.
Editorial Independence
Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.
How We Make Money
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.
Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.
We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.
Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service.
Insurance Disclosure
This content is powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Bankrate.com. HomeInsurance.com LLC services are only available in states were it is licensed and insurance coverage through HomeInsurance.com may not be available in all states. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
ON THIS PAGE
ON THIS PAGE
Snapshot
4.2
IHG® Rewards Club Premier Credit Card Overview
If you’re looking for an IHG credit card and do enough traveling to justify an annual fee after the first year, the IHG® Rewards Club Premier Credit Card can be a great option. The card carries a large sign-up bonus and some valuable perks for frequent travelers looking to earn hotel rewards, including a credit for expedited security screening, automatic Platinum Elite status and more. The Premier card also offers a great mix of practical bonus categories (including at gas stations, grocery stores and restaurants) to go along with the rewards you’ll earn on hotel bookings.
What are the advantages and disadvantages?
Pros
- High rewards rate on IHG stays and in a number of other practical categories.
- Large sign-up bonus and annual rewards.
- Automatic elite status and perks.
Cons
- Subject to Chase’s 5/24 rule.
- $89 annual fee
- Inflated points.
- Only hotel stay redemptions are a good use of points.
A deeper look into the current card offer
Quick highlights
- Rewards rate: Up to 25x points at IHG properties (10 points as a cardholder in addition to 15 points per dollar earned as an IHG Rewards Club member), 2x points on gas, restaurants and grocery, 1X points on other purchases
- Welcome offer: Earn 125,000 bonus points + a Free Night after spending $3,000 on purchases in the first 3 months from account opening
- Annual fee: $89
- Purchase intro APR: N/A
- Balance transfer intro APR: N/A
- Regular APR: 15.99 percent–22.99 percent variable APR
Current sign-up bonus
As a new cardholder of the IHG Premier card, you can earn an impressive 125,000 bonus points + a Free Night after spending $3,000 on purchases within the first three months of account opening. This is, of course, on top of the points you’ll earn for spending $3,000. The bonus could be worth a dozen hotel stays since a number of IHG properties can be booked at 10,000 points per night.
Rewards
Earning rewards
Every purchase with your IHG Rewards Club Premier Credit Card earns you points toward your next hotel stay. For every $1 spent with your IHG Rewards Club Premier Credit Card, you can earn up to 25 points on stays at IHG properties, 2 points on restaurants, gas or groceries and 1 point on everything else.
The up to 25x rewards rate technically breaks down as 10x points for paying with your IHG Rewards Club Premier Credit Card, 10x points for being a member of the free IHG Rewards program, which is automatic upon card approval if you’re not already a member, and 5x points for having Platinum Elite Status, which also comes with the card.
Redeeming rewards
While redeeming points for stays at IHG hotels is by far the best use of your rewards, you have a few other (less valuable) options, including gift cards and merchandise. You can also transfer IHG points (typically at a poor rate) to a number of airline partners, including Delta and United.
Although there are no blackout dates for IHG Rewards Club members, there may be limited availability for rooms that can be booked with points. A room’s point value depends on the property and type of room, with higher-end hotels requiring more points per night than a basic room at a Holiday Inn.
The Fourth Night Reward bonus allows you to have a complimentary fourth night when you redeem your points for a consecutive four-day stay. That’s like getting a 25 percent bonus when you use your points in this way. You can enjoy this reward an unlimited number of times per year.
How much are points worth?
The IHG points value can vary due to the dynamic pricing model IHG uses to assign point value. However, based on estimates from The Points Guy, IHG points are generally worth around 0.5 to 0.7 cents each.
Benefits
Avid travelers and hotel guests will get plenty of mileage out of this card with the numerous benefits it offers. Comparing the IHG Premier to the IHG® Rewards Club Traveler Credit Card the Premier offers better benefits hands down.
No foreign transaction fees
As one would expect with a travel-centric credit card, there is no foreign transaction fee on purchases made outside of the U.S.
Fourth reward night
You’re entitled to an additional night’s stay, no points needed, when you redeem points for a four-night stay. Enjoy this perk as many times as you want, all year long.
Anniversary Reward
Each year, after your cardholder anniversary, you’ll receive a reward night stay in any of the eligible IHG Hotels and Resorts worldwide.
Platinum status
With the Premier card, you get IHG platinum elite status automatically. This comes with a 50-percent point bonus on stays and perks like complimentary room upgrades, late checkout, guaranteed room availability, free minibar access at Kimpton hotels and a $30 spa credit for each hotel stay.
Annual 10,000 point bonus opportunity
If you spend $20,000 on your card each year, you’ll automatically get a 10,000-point bonus on your card anniversary, as long as you make an additional purchase after the anniversary date.
Global Entry or TSA PreCheck fee credit
Pay your application fee for Global Entry or TSA PreCheck with your card and receive up to $100 in fee reimbursement once every four years.
Rates and fees
The IHG Rewards Club Premier Credit Card carries a variable APR of 15.99 percent to 22.99 percent. Unfortunately, it lacks a promotional 0 percent introductory APR interest period for new purchases and balance transfers, so it’s not a great choice if you need to pay off debt or finance a large purchase. The annual fee is $89.
How the IHG Rewards Club Premier Credit Card compares to other hotel cards
The IHG card is great for those who are loyal IHG brand enthusiasts, but if you are brand agnostic, there are plenty of other options to consider, both general travel cards and hotel cards from competing brands. Here are a couple to consider:
IHG® Rewards Club Premier Credit Card
See Rates & Fees, Terms Apply
Annual fee
$89Intro offer
125,000 pointsRewards rate
1X–25XRecommended credit
Good to Excellent(670 - 850)
Chase Sapphire Preferred® Card
Apply now
on Chase's secure site
Annual fee
$95Intro offer
60,000 pointsRewards rate
2x–5xRecommended credit
Good to Excellent(670 - 850)
Hilton Honors American Express Card
Annual fee
$0Intro offer
Up to 130,000 pointsRewards rate
3X–7XRecommended credit
Good to Excellent(670 - 850)Best cards to pair with IHG Rewards Club Premier Credit Card
This card can’t be beat when it comes to paying for your stays in hotels and resorts within the IHG family, but depending on your spending habits, it may not be the best fit for your everyday expenses. Pairing it with a flat-rate or rotating bonus cash back credit card could help you enjoy the best of both worlds.
For a simple, no-frills cash back card, the Citi® Double Cash Card is hard to beat. You’ll get a flat 1 percent cash back reward on all purchases as you make them, and then another 1 percent cash back when you pay them off, for a total of up to 2 percent back, no matter where, when or what you buy. Another great option is the Chase Freedom Unlimited®. You’ll earn 5 percent cash back on all travel booked through Chase Ultimate Rewards, 3 percent back on dining and drugstore purchases and 1.5 percent back on all other purchases.
Bankrate’s Take—Is the IHG Rewards Club Premier Credit Card worth it?
This card could be an exceptional choice for fans of IHG and frequent travelers who are willing to make IHG their go-to hotel brand. The card carries a terrific sign-up bonus, solid rewards rate and great perks, many of which, like the Anniversary Reward, can more than offset the annual fee.
The information about the IHG® Rewards Club Premier Credit Card and IHG® Rewards Club Traveler Credit Card has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.
Share