Posted by William Charles on March 26, 2018
Credit Cards

Published on March 26th, 2018 | by William Charles

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Details Of New Chase IHG Rewards Club Premier Card

Earlier we posted that the Chase IHG card was possibly being discontinued and replaced by two new cards. Looks like we now have the details regarding the new IHG Rewards Club Premier Card, there was a screenshot originally shared on Award Travel 101 I believe (I saw it on Straight To The Points).

Here’s what you need to know:

  • Sign up bonus of 80,000 points, an additional 5,000 points for adding an authorized user
  • Annual fee of $89
  • Earn an additional 10,000 points after you spend $20,000 on purchases and make one additional purchase each account anniversary year
  • Anniversary free night
  • Card earns at the following rates:
    • 10 points per $1 spent at IHG
    • 2 points per $1 spent at gas stations, grocery stores and restaurants
    • 1 point per $1 spent on all other purchases
  • 20% discount when you purchase points with your card
  • Fourth Reward night free when you redeem points for any stay of 4 or more nights
  • Global Entry or TSA PreCheck
  • Automatic Platinum Status as long as you remain a card member
  • No foreign transaction fees

The current card comes with a $49 annual fee, but doesn’t have the following benefits:

  • Earn an additional 10,000 points after you spend $20,000 on purchases and make one additional purchase each account anniversary year
  • Earns 5x instead of 10x at IHG
  • 20% discount when you purchase points with your card
  • Fourth Reward night free when you redeem points for any stay of 4 or more nights
  • Global Entry or TSA PreCheck

I guess the major benefit increase for most people will be the fourth award night free, but that will depend on how often you stay at the same property four nights in a row.  Discount on purchasing points might be interesting when they have sales as well. The new card also says the free night certificate is good at any eligible hotel worldwide. Seems like it might be restricted unfortunately. Another feature that is missing is the 10% back on points redemption. I’d definitely prefer that than the fourth night free benefit but again it depends on your booking patterns.



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free night may be restricted. Depends on “eligible” definition.

I think the “eligible hotel” language on the annual free night implies it’s definitely going to be restricted in some way, unfortunately

May just allow certain places to back out at certain times.

I’m glad I got the old IHG yesterday, especially considering the uncertainty around the “eligible hotels” wording in the new card which some are speculating could be a limitation on the free night. The only thing interesting here is the 4th night free (but I generally don’t stay at IHG properties more than a night or two anyway) and the Global Entry/PreCheck credit for those who don’t have a card with this benefit already.

Do we know the annual fee?

20% discount when you purchase points with your card

If they sell 120k points for $600 ($480 after this discount) like last time, this would be a great deal.

Ugh, no mention of 10% back on points redemption. That and no restriction on the free night was what made the card golden.

The current card also has 10% rebate on award nights, right? That’s probably not as valuable as 4th night free, but more flexible.

10 pts per $1 at IHG might entice some people to switch. As of now, 5 pts per $1 is worth less (to me) than 3x UR / TY pts I can get with my other cards, so the card gets literally zero use. It is basically $49/yr for a night in a nice hotel and a plat elite status, which has been well worth it to me.

Well, I wouldn’t chew a CC.

Especially not those metal ones.

The IHG program has been devalued so much that I think Chase should make the UR IHG transferring ration from 1:1 to 1:3

I completely agree. Just like Amex should make 1MR = 10 Hilton points because they’re so worthless.

While i understand the sarcasm here, i think a UR IHG transferring ration at 1:3 is not unreasonable or unrealistic, given than much nicer top Hyatt properties charge 30k points vs less interesting top IHG 70k points.

I mean they (AMEX) did make it 1:2 so at least that is not an unreasonable thing to consider for Chase on IHG.

Now if only they would change Marriott. But that’s wishful thinking.

Hilton Ascend also earns 3X on everything compared to the pathetic 1X on the proposed product.

the current one is better.

For someone who doesn’t have the card now, think it’s worth it to quickly apply for the current 60k + $50 offer or wait for this one?

I assume you can do both but not 100% positive

I think the current deal is better as you are practically getting 60,000 points for free as compared to the new card where you are paying $89 for 20,000 points.
Not sure about the Platinum status benefits.

lots of fluff in the new card not much substance compared to the old one

What was the old annual fee?

More importantly, is the card metal !? /s

$49

Just got the card in the mail, yes it is!

What are the odds you could keep the current card, but get approved for the new card as well?

Wondering as well. I assume you can have both but not positive.

If they’d give you the sign up bonus, EVERYONE who has the current card would certainly want the new card (at least for the first year).
We obviously have to get more details, but I see the logic to many of their changes. Like the current IHG card is good to keep, but not use. 2x in some purchase categories makes usage of the card at least plausible (albeit not generous).

Curious as well :’D

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