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How Does the New Chase IHG Premier Offer Compare to the 140K Bonus

DDG
DDG

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Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Links in this post may provide us with a commission.

New Chase IHG Premier Offer

Chase launched a massive 140,000 points welcome offer for the Chase IHG Premier credit card in March. That is the highest points offer we have seen on the card. But now there is a different offer that that gives you less points, but also $150 in statement credit and a waived annual fee the first year. Let’s check the details.

These Offers May Have Ended Or Changed

The Offer

  • Earn 75,000 bonus points after you spend $2,000 on purchases in the first 3 months from account opening.
  • Earn a $150 Statement Credit after first purchase.
  • $0 Introductory Annual Fee for the first year, thereafter $89.

Perks of the Chase IHG Premier Card

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.

Conclusion

Currently the IHG Rewards Club Premier Card has the highest points offer available with 140K bonus points for spending $3,000. This offer is comparable in value.

You get $239 and 65K less IHG points. Deciding which offer is better, really depends on your valuation of IHG points. If you value IHG points at 0.367¢ or more, then the 140K points offer is the better option. IHG points are often valued at around 0.40¢, but you also need to take into account the current situation. Most people won’t be able to travel for a whole and cash might be more valuable that usual.

HT: Doctor of Credit

Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.

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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
DDG
DDGhttp://dannydealguru.com
Based in NYC. Points/miles enthusiast for years and actively writing about it for the last 6+ years at Danny the Deal Guru. I'm always looking out for deals. Making a few bucks is always nice, but the traveling is by far the best part of this business.

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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At Miles to Memories we share the best tips, tricks and deals plus travel rants, musings, hotel, airline and loyalty program reviews and a lot more! Our goal is to help people save money so they can get out there and travel the world! Through our various blog posts, podcasts & videos we teach others how to maximize loyalty rewards, hotel & airline programs and credit cards to achieve amazing things.

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