Today, Chase increased the welcome offer on the IHG Premier card to a whopping 175,000 IHG points, matching the best we’ve seen in total points (there was a 5x60K free night certificate offer previously).
The no-annual-fee IHG Traveler card also has an increased offer of 90,000 points after $2,000 in spend, with the added carrot of earning an additional 3x across all categories (except at IHG Hotels, strangely) on up to $10,000 spent within the first six months.
Key Card Details
| Card Offer and Details |
|---|
 ⓘ $905 1st Yr Value EstimateClick to learn about first year value estimates 175K points ⓘAffiliateThis is an affiliate offer. Frequent Miler may earn a commission if you are approved for this offer Limited Time Offer: Earn 175K points after spending $5K on purchases in the first 3 months from account opening. (Offer Expires 3/18/2026)$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 the first 3 months (Expired 7/24/25) Earning rate: 10X IHG ✦ 5X travel, dining, and gas stations ✦ 3X on all other purchases Base: 3X (1.83%) Travel: 5X (3.05%) Flights: 5X (3.05%) Hotels: 5X (3.05%) Dine: 5X (3.05%) Gas: 5X (3.05%) Brand: 10X (6.1%) 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 ✦ Diamond status after $40K in purchases 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) ✦ Complimentary Instacart+ for 3 months (must activate by 12/31/27) ✦ $10 monthly Instacart credit ✦ $120 Global Entry, TSA PreCheck® or NEXUS Statement Credit |
Quick Thoughts
Last year, we redid our Reasonable Redemption Values for IHG points and pegged the average redemption value at 0.61 cents per point. That would make this welcome offer worth ~$1000, one of 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 often get much higher value by doing exactly that, usually around 0.8 cpp-1.0cpp. Regardless of how selective you are, this is a terrific welcome offer and worth pursuing if the IHG program suits your needs.
The Premier card comes with an annual free night certificate, awarded on 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 first year anniversary.
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They should pay more attention to the business card, and at least match this offer without outrageous minimum spend requirements.
I already have this card. Would I be able to cancel and reapply to get this offer?
Yes, but only if you didn’t already receive a sign-up bonus on this card in the last 24 months and are under 5/24 for Chase.