The Offer
- Chase IHG card is offering the following bonuses:
- $100 statement credit after first purchase
- 50,000 points after $2,000 in spend within the first three months of account opening
- 5,000 points for adding an authorized user after they make their first purchase
Card Details
- This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months
- Chase 5/24 rule does not apply to this card
- Annual fee of $49 waived first year
- Free night certificate on your card member anniversary, can be used at any IHG property
- 10% rebate on all points that are redeemed (maximum of 100,000 per year)
- Platinum Elite status for as long as you’re a card member
- Card earns at the following rates:
- 5x points at IHG properties
- 2x points at gas stations, grocery stores & restaurants
- 1x points on all other purchases
- No foreign transaction fees
Our Verdict
To see if this is a good deal we need to compare to what else is available. Currently there is technically three offers available, they are all the same apart from the sign up bonus and whether the annual fee is waived or not:
- Targeted 100,000 point offer after $2,000 in spend. Annual fee is not waived.
- Extra 50,000 points but you’re forgoing $149 ($100 SC + $49 annual fee). You need to value points at 0.298¢ or more for this to be the better value.
- Public 62,000 point offer after $1,000 in spend. Annual fee is waived.
- Extra 12,000 points but you’re forgoing the $100 statement credit. You need to value points at 0.833¢ or more for this offer to be better value.
- 80,000 point offer after $2,000 spend (requires Chase to match you). Annual fee is waived.
- Extra 30,000 points but again forgoing the $100 statement credit. You need to value points at 0.33¢ or more for this to be the better value.
I personally think the both the targeted and match offer are way better than this 50,000 points + $100 offer. But this offer is better than the 62,000 point public offer. As always if you have any questions about Chase cards I’d recommend reading this first.
Hat tip to reader Stephen P
