The IHG 140K Offer Is Still Available But May Not Be For Long
A few months back Chase increased the IHG card to a massive 140K point welcome offer. That put it close to the level, in terms of welcome offer value, with cards like the Chase Hyatt Visa. And with IHG’s current low prices from the variable pricing you can really stretch the points.
The welcome offer has dropped with affiliates to 125K but it is still available for 140K on Chase’s website. Usually, but not always, a drop happens in the affiliate channels first and then the public offer follows a few days later. I don’t have anymore info on the offer dropping besides that but I wouldn’t wait if you had been eyeing the 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
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
Direct Link
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.
Final Thoughts
There is a chance that Chase keeps the 140K offer in place publicly and only drops the affiliate offer. But history suggests the public offer will probably follow suit and be reduced in the near future. If you had planned on grabbing it at some point anyway I may consider moving up the timeline some and grabbing it while you can.
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