Chase IHG Premier, 150,000 Bonus Plus $50 Credit and Waived Fee
Chase recently increased the welcome offer for the Chase IHG Premier card to 150,000 points. But now that offer is even better with an additional $50 credit, and the annual fee is still waived the first year. Let’s check the details of this Chase IHG Premier bonus.
Update 12/8/21: Reader Tran alerted us to the fact that this offer is still showing as active.
Update 11/30/21: This offer is supposed to end on December 1st so this is your last chance. Remember to use this direct link since affiliate links do not have the $50 statement offer attached.
Here are the offer details:
- Earn 150,000 IHG Rewards points after spending $3,000 within the first 3 months of card membership.
- Plus $50 statement credit after your first purchase with the new card.
- The $89 annual fee is waived
- Direct Link to Offer
Welcome Offer Restrictions
This card falls under Chase’s 5/24 rule.
Chase also has a 24 month rule for every credit card:
This product is not available to either current cardmembers of this credit card, or previous cardmembers of this credit card who received a new cardmember bonus for this credit card within the last 24 months.
Perks of the Chase IHG Premier Card
- 4th night free on award stays.
- Earn 10X per dollar at IHG hotels
- Earn 2X points at gas stations, grocery stores, and restaurants.
- Anniversary night certificate each year you pay the annual fee (capped at 40,000 points)
- Platinum status
- Up to a $100 credit for TSA Precheck or Global Entry every 4 years
What Is The Offer Worth
IHG points are normally valued at around 1/2 cent a piece. That would make this 150,000 points offer worth about $750. Some people value IHG points slightly higher, so the math gets better. Add the $50 statement credit and you have at least $800 worth in the first year. Since the annual fee is waived the first year you get to keep the full value of the offer.
Any time you are getting over $500 in value I think it is a worthwhile offer. That also doesn’t include the $100 TSA or Global Entry credit. If you need to apply or renew, that is some added value as well.
This is a big bonus if you are invested in the IHG program, or if you want to jump into it. You can get good value out of this bonus. The Chase IHG Premier card is likely going to be a long term keeper since most will get more than $89 in value (the annual fee) for the anniversary night stay.
Are you going for this big Chase IHG Premier bonus? Are you eligible? Let us know in the comments!
HT: Doctor of Credit