Posted by Chuck on January 23, 2020
Credit Cards

Published on January 23rd, 2020 | by Chuck

74

Chase IHG Premier 140,000 Points Signup Bonus With $3,000 Spend

The Offer

Direct link to offer

  • Chase IHG Premier card is offering a signup bonus of 140,000 points after $3,000 in spend within the first three months.

 

Card Details

  • Annual fee of $89 (not waived first year)
  • Card earns at the following rates:
    • 25x points per $1 spent on IHG properties (10x from the card + 15x from status and club membership)
    • 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
  • This product is not available to either (i) current cardmembers of this credit card, or (ii) previous cardmembers of this credit card who received a new cardmember bonus for this credit card within the last 24 months. If you have the old IHG card, you’re still eligible to get this bonus/card.
  • Chase 5/24 rule applies to this card

Our Verdict

Best offer we’ve ever seen was 125,000 plus $50 statement credit, this one doesn’t have the $50, but comes with 15,000 more points. If IHG interests you and you are eligible, this one is worth signing up for. We’ll add this to our best credit card bonus page.

If you recently signed up with the targeted 125,000 points offer, you should be able to message Chase and have this 140k offer matched. As always read these things everybody should know about Chase credit cards before applying.

Thanks to all those who sent this in.



74
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
Pahanin
Pahanin

Since AF isn’t waived first year and free night cert isn’t issued until after the first year, it’s not very attractive, but still a solid offer

shrek
shrek

its 140k points for $89, and then you should be able to average 150-200 a night with the 40k limit moving forward if you do nothing but sock drawer it. It doesn’t get much better for a sock drawer card.

Pat S
Pat S

You can still get the free night upon anniversary and cancel the card likely without paying an AF

VL
VL

Confirm that. Chase unlike Amex posts your certs on the anniversary date sharp. Kudos! And you have 30 days at least to do whatever you decide to do.

Staradmiral
Staradmiral

The award certificate is issued at the end of the year BEFORE you get hit with the second AF.

sevillada
sevillada

we need a world without 5/24

Rick Sanchez
Rick Sanchez

This guy gets it

DP
DP

For some high risk borrowers, 1/24 might be a sensible limit. For someone with an 800 FICO who travels and owns a business, 12/24 might be within acceptable risk parameters. Point is, it should ADJUST to your risk profile. 5/24 definitely does not “fit” everyone. Agreed. The fact that Chase doesn’t get that fact is pretty darn sad + pathetic.

Matt P
Matt P

Chase most certainly gets it. It’s not about risk, it’s about limiting their losses from churners. There’s no way a cc issuer can recoup the signup bonus losses of 12 cards in 2 years.

Pt Z
Pt Z

how should I value IHG points? Would 0.5cpp be right?

Andrew
Andrew

Ya if you get 0.5 , it is good redemption

Beefer

Yup

Pahanin
Pahanin

.5 cpp is a lot , I think if you can get .005 cpp, it’s better than Hilton

Pt Z
Pt Z

Lol the hh points is really just paper rather than money order

Pahanin
Pahanin

I feed my family with free breakfast on HH stays. That’s worth at least a couple satisfied kids. The worst case was when they serve fried turkey bacon and it was like eating rubber.

JFromOH
JFromOH

I always internally chuckle whenever a front desk clerk offers me either free breakfast or 1,000 Hilton points for being a Gold member.

1,000 points. That’s maybe (a big emphasis on /maybe/) $5.

Brandon Lee
Brandon Lee

From my searches, I value IHG Points around .3 to .45 cpp. But I have seen some redemptions fetch .6cpp. Remember the IHG Premier’s 4th reward night free benefit will allow you to get 133% more value from 4+ night redemptions.

Froide
Froide

Even better, those who have both IHG Premier and IHG Select can combine the two free anniversary nights, one night paid with points, and fourth night free benefits to get a 5-day/4night vacation free of charge.

Rando
Rando

Can this be done? I had just assumed the three nights had to all be booked with points for the fourth night free. I assume you have to do this over the phone?

Burton

Can you do this with P1/P2 or does it have to be same member number?

Sally
Sally

When I have booked the anniversary free night, it has always been a 1 night reservation by itself, even if I book the next nights with points. Can you link it to point nights under one reservation so that you could use the fourth night free feature of this IHG credit card?

RipCity
RipCity

That’s not correct; you need to book all 3 nights with points in order to get the 4th night free.

Avrasb
Avrasb

If you are trying to apply for the premier card and also hold on to the select (49$ per year right?) do you use same membership number?

Jeff
Jeff

At a minimum 0.5cpp would be correct. I’m able to get up to 1.0cpp at certain locations. Don’t forget that if you get the 4th night free using points so that can increase the value.

Pt Z
Pt Z

Thx for the tips you all, can’t appreciate too much.

Kirk
Kirk

It depends on your traveling style. I look for value and usually get 0.5 – 0.8 cpp. For example: 15,000 points with equivalent of $125 (room + tax). It’s 0.83 cpp.

Han
Han

I signed up for the 125,000 points with 3,000 spent two weeks ago. Can I secure message and get a match?

sam
sam

Han, I did the secure message last night to match the new offer of 140k points. And just received a message from Chase to offer 15k additional points to my account. You should be able to get the offer match. Thanks.

Ferg
Ferg

Correct me if I’m wrong but this is the card that offers cell phone insurance as well is it not?

Ferris
Ferris

GIven how high of a jump this is from previous offers, I think the obvious is that IHG will devalue their points very soon.

Austin
Austin

their points already have hardly any value, but given the impending Mr & Mrs Smith/Six Senses integration, you might be right.

Jeff
Jeff

Has anyone found a referral link?

Kevin
Kevin

Where does it say “25x points for the first 12 months”? I can’t find it in the app..

imnotashopaholic
imnotashopaholic

The previous 125,000 points + $50 offer also has 4x points on any non-IHG purchases for the first 12 months.

quasimodo
quasimodo

Got the 125k+$50..thought that was good. Now 140k? Major deval coming again surely…

Kt
Kt

I am at 3/24 and running on chase and amex business cards.
Have been avoiding personal cards. But is this offer worth one slot in 5/24…

Any suggestions would help

Josh
Josh

Depends what chase you have already. I’d grab the Hyatt card before this one if it’s bonus is 60k Hyatt points or more. Also I’d make sure I had 3 or 4 Chase business cards too before passing 5/24

KT

I have chase Ink Cash, got in November 2019, was planning to get CIP in Feb and then another Chase business card in May 2020
Also got Delta Gold Business- 70,000 +50 SC in November 2019 for 2k spend
and Delta platinum – 80,000 miles + 100 SC in January 2020 for 2k spend.
I can only put 3k spend in 3 months, so Ink Preferred would be still a big leap for me.
Decisions Decisions Decisions…And Hyatt also needs High MSR, which is tough for me…

TS
TS

Hi KT,

When applying to a next Chase business card, I thought it’s recommended to wait for three months from the previous application to any business credit cards not limited to Chase,

But according to your post, the recommended three months waiting is from the previous Chase biz application, so we can apply other biz in between those three month Chase biz intervals?

VL
VL

Not sure how Chase would know about your other biz card besides a hard pull (if it is not Discover or Cap One it is not reported to your personal report)…

millionairenextdoor
millionairenextdoor

Kt In the same situation as you. I’m actually 4/24 and have two Chase biz cards in the last 11 months. Can’t decide if I should app for another Chase Biz or waste my slot on United Explorer 60k/$3k, World of Hyatt or give Chase a break for now.

Jack
Jack

Why not get the United biz card, then get the Hyatt after. I value Hyatt more than IHG points

Abhi
Abhi

Is there a no annual fee downgrade option for this card?

FamilyNomad
FamilyNomad

Yes

Keith
Keith

The free night you get on every anniversary more than pays for the $89 annual fee.

Pahanin
Pahanin

Is it possible to self refer from the old card to this offer?

Staradmiral
Staradmiral

NO

Burton

I don’t even see an option to refer for this card – only Marriott & Hyatt for Chase hotel cards.

DaveIgnacio
DaveIgnacio

Signed up for the Chase Premier with the 125K plus $50 credit late last year (thanks DoC).

Already used 50K for a two night stay in San Diego (they upgraded the room to a suite plus a free convenience store item LOL). As a reference, the hotel was $125 a night (or $140 incl. fees) Also used the widely known Platinum Elite status match to Wyndham to Caesar’s Diamond status for a $100 dining credit last weekend in Vegas. Its been a solid first year and I’ll probably keep the card through the anniversary.

I’ve heard the Caesar’s Reward status resets February 1st- anyone know if its possible to keep that status via Wyndam (and IHG) matching ?

MSeattle
MSeattle

Hi Dave, yes! It’s possible to keep matching status to Wyndham. I just did it.

Spence
Spence

I got the 125K + $50 credit offer and asked for a match for this offer. I was told that I would get the 15K bonus points ONLY IF they take back (“rebill”) the $50 statement credit. I know that on average, IHG points are worth 0.5 cent per piece (and maybe will be further devalued soon), but do you guys think it is worth it to essentially exchange $50 for 15,000 points? Thanks!

Halamadrid
Halamadrid

Unless you have a specific redemption in mind in the near future for which you’ll need the extra 15K points I wouldn’t do it. Worst case scenario is you miss out on $25 worth of points, which is not going to break you. If you also signed up for the offer that gave you 4X points on everything for 12 months I would make sure that they are not taking that away as well. 4X on everything for 12 months is [significantly] more valuable than an extra $25 worth of points IMO. So check first if you decide to do it as they might be replacing your original offer altogether for this one.

Back to Top ↑