Advertiser Disclosure: This put up consists of references to affords from our companions. We could obtain compensation whenever you click on on hyperlinks to these merchandise. Nonetheless, the opinions expressed listed below are ours alone and at no time has the editorial content material been offered, reviewed, or accredited by any issuer.The knowledge associated to the IHG® Rewards Membership Premier Credit score Card has been collected by Cash Crashers and has not been reviewed or offered by the issuer of this card.The IHG® Rewards Membership Premier Credit score Card from Chase is a resort rewards bank card with a $89 annual charge. It’s ideally suited for frequent vacationers who usually stick with InterContinental Lodge Group manufacturers, which incorporates hundreds of Vacation Inn, Staybridge Inn, and Candlewood Suites properties within the U.S. and all over the world.Each buy with this card earns factors that may be redeemed for resort stays at greater than 5,000 HG properties worldwide, often at charges starting from $zero.005 to $zero.01 per level. Cardholders in good standing additionally get a bunch of helpful perks at IHG motels, together with 1 free keep per yr and computerized improve to Platinum Elite standing, which accelerates level earnings and entitles members to complimentary room upgrades.If you happen to’re fascinated by options to IHG Rewards Membership Premier, look to hotel-specific rewards playing cards reminiscent of Marriott Bonvoy Boundless™ Credit score Card from Chase and Citi Hilton Honors Reserve. It might even be value contemplating airline-specific bank cards reminiscent of United MileagePlus Explorer and British Airways Visa Signature, or general-purpose journey playing cards reminiscent of Chase Sapphire Most well-liked and Barclaycard Arrival® Plus World Elite Mastercard®.Key FeaturesSign-up BonusFor a restricted time solely, this card has a beneficiant three-part bonus.First, whenever you spend no less than $2,000 in eligible purchases inside three months of opening your account, you’ll earn 80,000 bonus IHG Rewards factors.Second, whenever you spend no less than $three,000 in extra eligible purchases inside 6 months of opening your account, you’ll earn a further 40,000 bonus IHG Rewards factors. That’s a complete of 120,000 bonus IHG Rewards factors whenever you spend no less than $5,000 in eligible purchases through the first 6 months your account is open.Lastly, you’ll earn a $50 assertion credit score after making a qualifying first buy.Incomes IHG Rewards Membership PointsEvery $1 spent at IHG properties earns an infinite 10 factors. Purchases made at eating places, gasoline stations, and grocery shops earn an infinite 2 factors per $1. All different purchases, together with resort stays at non-IHG motels, earn an infinite 1 level per $1.Redeeming IHG Rewards Membership PointsPoints may be redeemed at no cost resort stays at IHG properties, beginning at a minimal of 10,000 factors for lower-tier properties and 70,000 factors for the highest-tier properties. If you happen to don’t have sufficient factors to pay for a full evening’s keep, you should buy as much as 10,000 extra factors at $zero.007 apiece ($70 most) by IHG’s Factors & Money choice. Redemption thresholds are topic to vary at any time.At redemption, level values often vary from $zero.005 to $zero.01, generally kind of. Factors don’t expire so long as you redeem any or earn extra – by card purchases or resort stays – inside any 12-month interval.Annual Spend BonusWhen you spend no less than $20,000 in purchases and make one extra buy throughout the similar calendar yr, you get a further 10,000 bonus factors.Anniversary Free NightEvery yr, you get 1 free resort evening, good to be used at greater than four,900 properties worldwide. Redeeming your free evening doesn’t value any factors, however you don’t earn any extra factors for the keep.Platinum Elite Standing UpgradeAs lengthy as you stay a cardmember in good standing, you take pleasure in IHG Platinum Elite standing. You do need to formally apply for this standing after you obtain your card, but it surely doesn’t value something to take action.Platinum Elite standing confers quite a few advantages:Precedence check-inComplimentary room upgrades at any time when availableGuaranteed room availability with no less than 72 hours’ advance notification50% point-earning bonus for all IHG resort stays – for example, a keep that may have earned 2,000 factors earns three,000 with Platinum Elite statusImportant FeesThe $89 annual charge is waived within the first yr, and there are no international transaction charges. Steadiness transfers value the higher of $5 or 5% and money advances value the higher of $10 or 5%.Credit score RequiredThis card requires wonderful credit score.AdvantagesGenerous Signal-up Bonus. For a restricted time, this card’s sign-up bonus guarantees 120,000 bonus factors on $5,000 in eligible spending throughout the first 6 months, plus a $50 assertion credit score after your first buy. That’s each extra beneficiant and simpler to realize than most competing resort playing cards at this worth level.Computerized Platinum Elite Standing Improve. The IHG Rewards Membership Premier Card comes with an computerized improve to Platinum Elite standing, IHG’s second-highest frequent traveler standing. Platinum Elite entitles you to 50% sooner level earnings whenever you keep at IHG motels, complimentary room upgrades at any time when obtainable, 72-hour assured availability, and different perks. This profit doesn’t value something further, and its worth is probably big for frequent vacationers. Against this, Marriott Bonvoy Boundless cardholders solely earn Silver Elite standing, a decrease frequent traveler degree that doesn’t embrace complimentary room upgrades, assured room availability, or 50% sooner level earnings.Good Redemption Rebate. Everytime you redeem your factors for a free resort evening, you get a 10% rebate, irrespective of what number of or how few factors you redeem. For instance, a 10,000-point redemption produces a 1,000-point rebate, leading to a web use of 9,000 factors. Marriott Bonvoy Boundless, Expedia+, and Expedia+ Voyager all lack redemption rebates.2x Factors Classes Are Broad. The IHG Rewards Membership Premier Card’s classes that reward 2 factors per $1 spent cowl broad, on a regular basis bills: gasoline, groceries, and eating places. It is a large benefit for frequent vacationers looking for a lift on on a regular basis spending.No Overseas Transaction Charge. IHG Rewards Membership Premier cardholders don’t have to fret about international transaction charges. That’s nice information for cardholders who usually journey overseas. Against this, Citi Hilton Honors Visa Signature has a three% international transaction charge.DisadvantagesHas an $89 Annual Charge. This card’s $89 annual charge isn’t waived through the first yr. That’s a bummer for cardholders trying to maximize the worth of their sign-up bonuses and ongoing rewards.Rigid Redemption Choices. When you can redeem your IHG Rewards Membership factors at greater than 5,000 properties worldwide, there’s not a lot else you are able to do with them. You possibly can’t redeem them for merchandise, assertion credit, reward playing cards, and even incidental purchases at taking part motels. Citi Hilton Honors Reserve permits you to redeem for resort incidentals, whereas U.S. Financial institution FlexPerks Journey Rewards permits you to redeem for normal merchandise and money equivalents, reminiscent of reward playing cards and assertion credit, along with journey purchases.Restricted Journey and Expertise Advantages. Though it does include an computerized improve to Platinum Elite standing, the IHG Rewards Membership Premier Card affords few journey and expertise advantages in a roundabout way associated to IHG motels or the rewards system. As an illustration, it doesn’t have a concierge service, journey safety insurance coverage, or unique/VIP occasion entry (this stuff aren’t included in Platinum Elite standing). Against this, Citi Hilton Honors Reserve comes with 24/7 journey reserving help and unique entry to a raft of particular occasions, reminiscent of concert events and sports activities contests.Probably Low Level Values at Redemption. Though the worth of IHG Rewards Membership factors varies based mostly on the financial value of the resort keep for which they’re redeemed, the vary typically works out to $zero.005 to $zero.01, and IHG fees $zero.007 per level when bought by Factors & Money. U.S. Financial institution FlexPerks factors are reliably value $zero.02 apiece, and factors collected with Chase Sapphire Most well-liked are value as much as $zero.0125 when redeemed for journey at Chase’s Final Rewards portal.Remaining WordInterContinental Lodge Group isn’t a widely known title, however a few of its resort manufacturers actually are. If you happen to’ve ever stayed at a Vacation Inn, Vacation Inn Categorical, or some other associated property, you’ve stayed at an IHG resort. Relying on how usually you journey and the way ceaselessly you encounter IHG-branded properties alongside the best way, this could possibly be a strong rewards card to maintain in your pockets – even should you use one other product, reminiscent of an airline rewards or money again rewards card, as your main card.Then again, the IHG® Rewards Membership Premier Credit score Card isn’t nice for rare vacationers, cardholders preferring to not cope with annual charges, cardholders preferring extra versatile rewards packages with a greater variety of redemption choices, and vacationers searching for value-added perks reminiscent of concierge service and VIP entry. After all, should you choose one other hospitality household – say, Hilton or Marriott – there’s positive to be an appropriate card for you as properly, as many different resort rewards bank cards can be found.