Chase IHG Premier Increased Offer – 140,000 Points Up For Grabs
This is a big week for increased offers from Chase it appears. First they launched the new United Business card with a massive 100,000 miles offer after $10,000 in spend within 3 months. And now this huge Chase IHG Premier increased offer. This is the highest the offer has ever been on this card.
Details of the Offer
Here are the offer details:
- Earn 140,000 IHG Rewards points after spending $3,000 within the first 3 months of card membership.
- The $89 annual fee is NOT waived
- Learn More
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
- Learn More
What Is The Offer Worth
I put the value of IHG points at around 1/2 cent a piece. That would put this 140,000 point offer at a value of $700. Once you subtract the $89 annual fee you are left with $611 in value which is a pretty good 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 use that as well the offer gets a little better.
I have stopped actively collecting IHG points because they are too hard to amass. But this offer does have me considering dipping my toes back in the water. Remember that it does stack with the old versions 10% back in points deal too. So you could get 32.5% off 4 night award stays with both cards.
The Chase IHG Premier 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.
What do you think? Does the Chase IHG Premier increased offer have you considering a dive back into the IHG pool so to speak?