The Offer
- Chase IHG Premier card is offering the following sign up bonus:
- 80,000 points after $2,000 in spend within the first three months
- $50 statement credit after first purchase
Card Details
- Annual fee of $89 (not waived first year)
- Sign up bonus of 80,000 points after $2,000 in spend within the first three months (you can also get another $50 statement credit by doing a dummy booking)
- 5,000 bonus points after you add an authorized user and they make their first purchase
- Card earns at the following rates:
- 10x points per $1 spent on IHG properties
- 2x points per $1 spent on gas stations, grocery stores and restaurants
- 1x points per $1 spent on all other purchases
- Free night certificate on card anniversary, this is limited to properties that cost 40,000 or fewer points
- Automatic Platinum elite status
- Fourth Reward Night Free on any stay of 4 or more nights
- 20% discount when purchasing points
- Global Entry or TSA PreCheck fee credit
- 10,000 bonus points when you spend $20,000 or more and make one additional purchase each account anniversary year
Our Verdict
This offer has been available since card launch, but it required a dummy booking. Now a direct link is available so making sure readers are aware of this offer. Will be interesting to see if they ever offer a larger bonus on this card. I wouldn’t be surprised if they eventually offer up to 100,000 points but that is pure speculation on my behalf. This card isn’t affected by the Chase 5/24 rule, so that is definitely a big plus for most readers.
Hat tip to reader Feb S
IHG promo has a 100% bonus when purchasing points.
William Charles
It looks like if you use your Premier card you can get 20% discount on purchasing points. Also, if you use Ibotta then you can get 10% cash back. I wonder if this all stacks. If anyone has any suggestions or has done this let me!
“The 20% discount cannot be combined with any other points purchase offer. Point purchase transactions managed by Points.com.”
I wonder how they’d know.
DoC I got an email with 100k offer sign up bonus after 3k spend in 3 months, no credit statement everything else is the same as your review here.
Yes, same card but you can get 100k + $50 currently: https://www.doctorofcredit.com/chase-ihg-premier-100000-point-offer/
How can I link my existing IHG Rewards Club Member Number with the Chase IHG Premier Rewards Club if I didn’t put the number in on the Application Page initially?
Chase brought the axe on me and my all immediate family members around 21 June. I was and still am at 4/24. Not sure what I could have done to keep afloat. I was not doing any MS apart from paying taxes using Plastiq to meet min spend (new Chase Ink card). No repetitive MS every month.
My wife and my siblings are at 10-20/24 each but they also had low credit utilization and good credit scores but they didn’t even spare me at 4/24. I guess they could see that I am treading waters carefully to stay just under their 4/24 limit yet sign up for a card here and there, and they didn’t like that.
I have a high income (six figures), a mortgage at about 15% of monthly income, no student loan, no car loan, excellent credit (800ish), barely had any balance on my 9 credit cards with total 100k-ish aggregated credit card limit.
I had a total of 4 Chase cards (including one from 2008), and another 5 cards on my personal credit report (including a few others from 2008 and 2010) and they still shut me down. I called asking for a review but the lady just wouldn’t do that and won’t allow me to talk to a supervisor saying that the decision is final and if I don’t have any questions I can’t escalate it. She said that I had added some users back in 2008 (10 years ago)and removed them, that was suspicious. Seriously, she said that in July 2018. I explained that all of those users were my immediate family members and I removed them because I increased my card balance and it would have brought the credit scores down for all of the authorized users. Later I received a letter explaining the reason for shutdown which did not mention any suspicious activity:
Too many credit cards open.
Not used as intended.
I called them again and another CSR agreed to put my shutdowns up for review. About a week later I got letters stating that the cards will not be reopened.
Card balances:
– 0/24k Chase Freedom (opened 2008, maxed out 5x $1500 in Q4 2017 but barely any spend in 2018)
– few hundred out of $12k on CSR (opened 1.5 years ago, paid off every month, used for 3x categories)
– $5k/12k on Chase Ink (opened early 2018, used to pay tax for min spend, then 5x utilities, paid minimum every month @ 0% APR)
– 0/12k on Chase Ink Plus (opened 1.5 years ago)
– $3k/8k on WF Propel World (opened early 2018, paid min every month @0%APR)
A few hundred on Citi Double Cash (opened 2008, paid off every month)
0 balance on a Discover and a couple of BoA cards from 2008 and later. Not used in years.
When getting the bonus a second time, are you eligible for the second bonus 24 months after opening the card or 24 months after when the bonus actually posted?
Scanned through the offer details but couldn’t find an expiration on this offer. I just got approved for the Hyatt card two weeks ago and still working on a prestige from AMEX. Is there any reason not to apply for this card right now? With it being a MasterCard it is easier to MS on Plastiq for mortgage (unless they’ve shut down MasterCard as well).
Hoping not to get shutdown by Chase as I’m LOL/24 currently.
How many cards does Chase typically allow someone to hold at the same time? I’m thinking this card isn’t worth it if someone already has several Chase cards, especially the IHG $49 version, even with 5/24 not being a factor. Other Chase cards offer more valuable signup bonuses.
The $89 card does not give 10% back on points booking, but give 4th night free on points redemption of 4 of more nights
The $49 card does not give 4th night free on points redemption of 4 of more nights, but gives 10% back on points booking.
Since I’m going to have both cards, does anyone if I get both the above benefits – 10% back on points booking and 4th night free on points redemption of 4 or more nights?
I clicked submit after filling application, then it asked me if I wanted to consider other sources of income in order to be approved. I clicked no and I got approved anyway. I already have the $49 card.
I have old IHG card, referred myself, applied and approved instantly.