IHG Premier card: Increased 170K welcome offer

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Today, Chase increased the welcome offer on the IHG Premier card to a whopping 170,000 IHG points, 5,000 points below the best offer that we’ve seen (in terms of total points – there was a 5x60K free night certificate offer last year).

Key Card Details

Card Offer and Details
170k points ⓘ Affiliate
Earn 170,000 Bonus Points after spending $4,000 on purchases in the first 3 months from account opening
$99 Annual Fee
This card is subject to Chase's 5/24 rule (click here for details).
Recent better offer: Five 60K free night certificates after $4K spend in 3 months (expired 9/4/24)
Earning rate: 10X IHG ✦ 5X travel, dining, and gas stations ✦ 3X on all other purchases
Base: 3X (1.86%)
Travel: 5X (3.1%)
Dine: 5X (3.1%)
Gas: 5X (3.1%)
Brand: 10X (6.2%)
Card Info: Mastercard World Elite issued by Chase. This card has no foreign currency conversion fees.
Big spend bonus: 10K bonus points + $100 statement credit after you spend $20K in a calendar year + make one additional purchase ✦ Diamond status after $40K in purchases + one additional purchase in a calendar year
Noteworthy perks: Anniversary free night e-certificate good at IHG properties up to 40K points per night ✦ Ability to add an unlimited number of points to a free night certificate to book a higher-level hotel ✦ Fourth night free on award stays ✦ 20% discount on points purchases ✦ Platinum elite status ✦ Up to $50 in United TravelBank cash per year (must register your card with your United account)

Quick Thoughts

We recently redid our Reasonable Redemption Values for IHG points and pegged their average redemption value at .62 cents each. That would make this welcome offer worth ~$1000, the most valuable for a Chase consumer card on our Best Offers Page.

While that’s the value you can expect when not cherry-picking awards, I find that I’m often able to get much higher value by doing exactly that, and can usually get around .8cpp-1.0cpp. Regardless of how selective you are, this is a terrific welcome offer and worth going for if the IHG program suits your needs.

The Premier card also comes with an annual free night certificate that’s awarded every card anniversary. You can “top off” these certificates by adding an unlimited number of points as necessary in order to book a standard room reward at a property with a higher point redemption level. To me, that cert is easily worth the $99 annual fee, making this card a keeper even after the the first year anniversary.

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Rodrigo

Are these subject to 5/24? Any exceptions if it’s an elevated offer?

mike wood

If you already have one of these and you’re below 5/24, will Chase approve a second one?

Lynn

no

Dave Hanson

No. One business, one personal IHG card max (unless you obtained more than one years ago).

Kathy

Doesn’t this card include reimbursement for pre check and/or global entry ?

Lynn

yes

Paul

Also includes $25 United Travelbank credit every 6 months. Credits expire every 6 months also, but if you fly United often that’s another $50 back.