Posted by William Charles on October 8, 2019
Credit Cards

Published on October 8th, 2019 | by William Charles

116

[Expired] Chase IHG Premier Up To 125,000 Points + $50 Statement Credit

Deal has expired, view more credit card bonuses by clicking here

Update 9/30/19: Another link says the end date is 10/09/19

Update 9/13/19: Mailers have been sent out showing an end date of 10/31/19 for this card.

The Offer

Direct link to offer

  • Chase IHG Premier card is offering the following sign up bonus:
    • $50 statement credit after first purchase
    • 125,000 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:
    • 10x points per $1 spent on IHG properties (25x points for the first 12 months)
    • 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.
  • Chase 5/24 rule applies to this card

Our Verdict

Previous best deal on this card was 120,000 points + $50, so this is an extra 5,000 points and the minimum spend requirement is lower on this offer. This current offer is also offering 25x points on all IHG purchases for the first year, that could be huge for people that stay with IHG a lot. Unfortunately most readers will not be eligible for this card due to the 5/24 rule does apply to this card. If you’re are under 5/24 then this bonus is worth considering if you value IHG points and I will be adding this to our list of the best credit card bonuses. As always read these things everybody should know about Chase credit cards before applying.

Hat tip to readers Adam B & Julian B



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Ping
Ping

Can I apply this card if I currently have an IHG credit card ($49 version)?

Chong786
Chong786

Yes you may

Burton

Nice, I’ve been looking to get P2 this card ever since I just missed the 120k + $50 earlier this year and this is an even better deal. Over the summer the deals I saw were 50k+$150 and a paltry 80k.

Warning – this offer also comes up when you do a dummy booking but if you do the offer directly off Chase’s site or search for it the $50 bonus is not included.

Question – P2 was seemingly rejected for a Chase Ink card she applied for about a week ago, any concerns applying for this one so soon afterwards? She’s only 3/24.

YoniPDX
YoniPDX

Does P2 have more than 2 of that Chase Ink card ( i.e. 2+ CIP, CIU, CIC)? or been approved for another Chase card in past 30 days, have >50% CL to stated income with Chase ?

You think or know she was TD for Ink card – i.e. checking Chase status of app by dialing
(800)432-3117 Then press #, 3, 1, SSN

Also if she has a thin credit file and was app’ng CIP ( Chase sometimes wants 5 yr Credit History for CIP, CSP, CSR) or if CIP and income and debt/CL IIRC CIP is a signature and needs $5K CL) Burton
Don’t let this Psych you out Guster and make sure Shawn brings the Pineapple

Burton

It was for a CIU we had called and got the 7-10 day message which, following my handy Reddit flowchart equals wait for iiiiiit… “Drink some wine and call recon” so not technically denied but she doesn’t really want to deal with it. She added SW biz 6mo ago and CIP 3mo ago with a SW personal in-between. No issues with the credit lines or her score, 2 other personal nonchase cards in last 24.

YoniPDX
YoniPDX

Burton

The other DPs that I’ve seen for TD is
pushing the churnner recommend “best practice” of 90 days between Chase approvals and/or any new 5/24 card.
Not a rule just a guideline that is based on keeping eyes off accts as much possible.

Burton

Thanks, we should probably just be patient it might be a simple as a verification item like it was when she added the CIP.

I double checked and I can just get this card myself now rather than pushing the envelope with P2. I’m being careful to set myself up for a SW companion pass in 2021 but I have some wiggle room. P2 can always get it later if there is still a good offer (or another Chase hotel card) and it looks like I can use my card to pay for her PreCheck or Global Entry anyway.

YoniPDX
YoniPDX

RE: SW companion pass a plan ~

SW is so-so out of PDX but ymmv~ but if 80k Biz SUB is still available late September.

I may app and meet MSR in December (earn 85k SW points on Jan 2020 statement but you have to wait till Dec to do all the spend and app around 9.20.19 ish ). Then app 2nd SW biz card 30k SUB in late Dec~ Jan then would have companion pass for almost two years after points from that MSR post in Feb. But on the fence about personal value of SW pass to me and DW.

My app plans are always in flux, I’ve been planning on IHG, UA biz, SW biz for the companion pass. But they move up-down all the time.

UA biz is now back burnered w/today’s 100k so-so promo and now I will wait to see what happens with UA partner award charts after Nov 15. (May just transfer UR to UA for Int’l saver award flights in Biz for 2020).

IHG and probably Hilton cards for plans for NZ/AU/EU/UK next year as we will burn rest of SPG biz SUBs from last fall this December in CPT/JNB – We will have gotten outsized return on those two Amex biz cards – 2.5 weeks of Marriott rooms.

So the IHG seems to be next since. SPG (Bonvoy) we can get SPG Chase bonus again next fall ( may then PC card to Ritz Infinity if still an option in fall 2021). So this IHG SUB could be worth a 5/24 slot read Grants Travelisfree blog he likes IHG a lot and thinks it can offer good value Burton

Ken
Ken

Go to IHG website pick any hotel and then select the room after that stroll down you will see $50 statement credit

Kristi
Kristi

Any idea how long this limited time offer will be available?

Frank
Frank

Hmmm… so if I have the old IHG card and apply for this one and elect to keep the old one, would I get annual anniversary certificates for each?

boomX
boomX

Yes

boomX
boomX

William Charles no authorized user bonus but replaced with:

40X points total per dollar at IHG® for the first 12 months

That’s 25X points at IHG® Hotels and Resorts for the first 12 months from account opening as an IHG® Rewards Club Premier Credit Cardmember – after that, 10X points at IHG® Hotels and Resorts*

Plus 10X points from IHG® for being an IHG® Rewards Club member*

Plus 5X points from IHG® with Platinum Elite Status, a benefit of this card*

4X points per dollar on all other purchases for the first 12 months

Earn 4X points on all other purchases for the first 12 months from account opening – after that, 2X points at gas stations, grocery stores, and restaurants, and 1 point per $1 on all other purchases.*

YoniPDX
YoniPDX

I think that the 40X mutiplier for 12months , $50 credit, 125K SUB/3K MSR and ability to meet MSR via Plastiq for Mortgage/Auto lease/loan payment make this a super offer.

But it seems to often lately that after a big SUB push that a big devalue follows.

Frugal Nellie, aka Lela
Frugal Nellie, aka Lela

It’s a MasterCard! Awesome! Thanks for the Plastiq mortgage comment.

Savingwizard
Savingwizard

would cash+points reservation, then cancelling trick get 40x points? Or just 4x?

Alex
Alex

Do you know the expiration date on the offer?

Josh
Josh

Any word on how long this offer will last? I hit 5/24 in October.

Sergio
Sergio

I just applied for this card about a month ago. Is there a chance Chase would honor this offer is I gave them a call?

Jim
Jim

A churning Redditor posted about being matched from 80k/2k to 125k/3k after the min spend being reached, but no $50 statement credit

Katie
Katie

I was matched with a phone call. I had gone for the $150 statement credit +50k miles instead of the 80k (cause I wanted to try to match to statement credit + 80k), got rejected for the matching offer over SM….then yesterday called and they were able to match me to the 125k points (and I already got the $150 statement credit).

Staradmiral
Staradmiral

This card still has Price protection 500/2500 and Return Protection 250/1000. If you use these benefits it’s highly worth it.

quasimodo
quasimodo

the big question is – are IHG points worth anything these days? Got 50k….but after move to dynamic pricing…will that be like 1 night at a Holiday Inn Express?

Derek
Derek

For the moment, still kinda valuable. Looks like the dynamics aren’t Southwest/Jetblue style but more Hilton style. Could have a lot of value if that continues to be the case.

nick
nick

how do i figure out how much these points are worth? tyvm

Chong786
Chong786

Login to your IHG and look thru the hotels . IHG points are usually worth 0.3 cpp – 0.5 cpp

Raol
Raol

Would an auto lease loan count towards 5/24 for Chase? It does show up on my credit report as auto lease loan recently opened when i leased my new vehicle. Please confirm.

Chong786
Chong786

Can confirm. Auto lease loan shouldn’t be counted toward 5/24

Mat
Mat

1) 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. DOES THIS MEAN 24 Months from when previous card was opened Or when Bonus points were actually deposited??

2) Is there a referral Bonus for this IHG card?

Burton

1) Reads from when bonus was received, but not sure how strictly this is enforced. Curious – if you had this specific card why did you cancel it after a year? $89 seems like a reasonable AF for a night and status so I was planning to keep it for the foreseeable future as those recurring benefits are worth more to me than trying to get a new bonus in two years and dealing with 5/24.

2) It is not listed on their refer-a-friend site.

Steven
Steven

Approved! Thanks!

Pointz
Pointz

I recently got approved for CSP as my fifth card in 24 months. It has not yet reported to bureau. Will chase consider me 5/24 if I apply for another card or am I still 4/24 since credit bureau does not show the card yet?

Andrew
Andrew

I’m in 4/24 too, holp you can apply a DP about it:) But I heard of 4/24 double-dipping is no longer working. So YMMV.

Pointz
Pointz

I would, but I have a write off with them and probably flagged in their system. I have high chance of getting shutdown

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