Chase IHG Premier 50,000 Points + $150 Statement Credit – Terrible Offer (100k + $50 Still Available)

Update: 100k offer no longer available. This offer is still terrible though.

The Offer

No direct link, available when doing a dummy booking

  • Chase IHG Premier card is offering the following sign up bonus:
    • 50,000 points after $2,000 in spend within the first three months
    • $150 statement credit after first purchase

Card Details

  • Annual fee of $89 (not waived first year)
  • Sign up bonus of 100,000 points after $3,000 in spend within the first three months
  • 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
  • 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. This means if you have the old IHG card, you’re still eligible to get this bonus/card.

Our Verdict

It’s still possible to get 100,000 points + $50 statement credit. This new offer is basically trading 50,000 points for $100. If you think that’s a good deal, then I don’t know why you’d be interested in this card in the first place. This new offer is an easy pass.

Hat tip to MtM

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