The IHG One Rewards Premier Business Credit Card is designed for business owners who frequently stay at IHG properties. New cardmembers can earn 140,000 bonus points after spending $4,000 in the first three months of account opening. Cardholders can earn up to 26X points per dollar spent at IHG hotels and resorts, with additional points on travel, dining, select business purchases, and at gas stations. The card also offers benefits such as an Anniversary Free Night and the ability to earn a $100 statement credit and 10,000 bonus points after spending $20,000 each calendar year. The annual fee for this card is $99, and the APR ranges from 21.49% to 28.49%.
Features
3X Points on Other Purchases. Earn 3X points per dollar on all other purchases, making it easy to accumulate points on everyday spending.
Anniversary Free Night. Receive a free night each account anniversary year, with a current point redemption cap of 40,000 points. Additional points can be used to redeem higher-value stays.
4th Night Free Benefit. Get a free reward night when redeeming points for a consecutive four-night IHG hotel stay, enhancing the value of extended stays.
$100 Statement Credit. Earn a $100 statement credit and 10,000 bonus points after spending $20,000 each calendar year.
Pros and Cons
Pros
140,000 Bonus Points. New cardmembers can earn 140,000 bonus points after spending $4,000 within the first three months of account opening, which can be redeemed for up to 4 nights at over 5,100 IHG hotels and resorts globally.
Up to 26X Points at IHG Properties. Earn up to 26X points per dollar spent at IHG hotels and resorts, combining points from the card, IHG One Rewards membership, and Platinum Elite Status.
5X Points on Select Categories. Earn 5X points per dollar on travel, dining, select business purchases, and gas stations, offering substantial rewards for common business expenses.
Cons
Annual Fee. The $99 annual fee is an added cost that cardholders must consider.
High APR. The variable APR, ranging from 21.49% to 28.49%, can lead to significant interest charges if balances are not paid in full each month.
Limited Redemption Options. Rewards are primarily tied to IHG properties, which may not appeal to those seeking broader redemption choices.
How to Apply for an IHG One Rewards Premier Business Credit Card
Online
Explore Credit Card Options. Browse through the available credit card options to find the IHG One Rewards Premier Business Credit Card. Click on the card to access more details.
Review Card Details. Take your time to review the features, benefits, and terms of the IHG One Rewards Premier Business Credit Card to ensure it meets your needs.
Initiate Application. Look for the "Apply Now" button to start the application process. Click on it to proceed.
Fill Out Application Form. Complete the online application form with accurate personal, financial, and contact information as required. Ensure all fields are filled correctly.
Submit Application. After filling out the form, review the information provided to avoid any errors. Once satisfied, submit your application.
Wait for Approval. After submission, the bank will review your application. You may receive an instant decision or have to wait a few days for a response.
Receive Card. If approved, your IHG One Rewards Premier Business Credit Card will be mailed to the address provided during the application process.
Mobile App
Log In or Register. Open the Chase mobile app and log in to your existing online banking account. If you're a new user, you may need to register for mobile banking by providing your account details and creating login credentials.
Navigate to Credit Cards. Once logged in, navigate to the section of the app dedicated to credit cards or banking products. This may be accessible from the main menu or homepage.
Find IHG One Rewards Premier Business Card. Look for the IHG One Rewards Premier Business Credit Card among the available options. Tap on the card to view more details.
Start Application. Locate the option to apply for the IHG One Rewards Premier Business Credit Card within the app. It may be labeled as "Apply Now" or something similar. Tap on it to initiate the application process.
Complete Application Form. Fill out the application form provided in the app with accurate information, including personal, financial, and contact details. Double-check for accuracy before proceeding.
Submit Application. After completing the form, review the information provided to ensure accuracy. Once verified, submit your application through the mobile app.
Wait for Response. The bank will review your application. Depending on their process, you may receive an instant decision or have to wait for a few days to receive a response.
Receive Confirmation. If approved, you'll receive confirmation within the app or via email. Your IHG One Rewards Premier Business Credit Card will be mailed to the address provided during the application process.
In Bank's Office
Research and Preparation. Begin by researching the various credit cards offered by Chase to determine which best suits your needs and preferences. Consider factors such as rewards, interest rates, annual fees, and benefits.
Gather Necessary Documents. Collect all required documents, such as a valid photo ID (e.g., driver's license or passport), Social Security number, proof of income (e.g., pay stubs or tax returns), and any other relevant financial information.
Visit a Chase Branch. Locate the nearest Chase branch by using the Chase website or mobile app. Plan your visit during the branch’s operating hours.
Meet with a Chase Representative. Once at the branch, request to speak with a representative about applying for a credit card. The representative will guide you through the process, answer any questions, and provide you with the necessary forms.
Complete the Application Form. Fill out the application form provided by the representative. Ensure all information is accurate, including personal details, employment information, and financial data.
Submit Your Application. After completing the form, submit it to the representative along with your supporting documents. The representative will review your application for completeness and accuracy.
Wait for Approval. The representative will submit your application for processing. Approval times can vary; in some cases, you may receive an instant decision, while others may require further review. You will be notified of the decision by mail or email.
Receive Your Card. If approved, your new credit card will be mailed to you. Upon receiving your card, follow the instructions to activate it and begin using it to earn rewards and manage your finances effectively.
Infographic
Eligibility Requirements
Credit Score. Applicants should have a good to excellent credit score, considered to be 690 or higher.
Age. Must be at least 18 years old (19 in Alabama and Nebraska, 21 in Puerto Rico) to qualify.
Residency. Applicants must have a valid permanent home address within the United States, the District of Columbia, Guam, Puerto Rico, or the US Virgin Islands. Military personnel with a U.S. military address are also eligible.
Income. Applicants should demonstrate a stable income to assess the ability to manage credit responsibly.
Business Ownership. The card is intended for business owners; applicants should be authorized to open a business credit card account on behalf of the company.
Chase Relationship. Existing relationship with Chase may be considered during the application process.
New Cardmember Bonus. This product is available if the applicant does not have this card and has not received a new cardmember bonus for this card in the past 24 months.
Legal Capacity. Married applicants must disclose marital status and provide spousal information as required. Specific state laws may impose additional disclosure requirements related to marital property.
Reasons You May Be Denied a Card
Insufficient Credit History. If you have a limited credit history or no credit history at all, the issuer may be unable to assess your creditworthiness, which could result in a denial of your credit card application.
Low Credit Score. A low credit score, often indicative of past financial difficulties or missed payments, may lead to a denial of your credit card application. Credit scores below a certain threshold may be considered risky by the issuer.
High Debt-to-Income Ratio. If you have a high debt-to-income ratio, meaning you have significant outstanding debt relative to your income, the issuer may view you as a higher credit risk and deny your application.
Recent Bankruptcy. If you have filed for bankruptcy recently, you may be denied a credit card as it indicates financial instability and an increased risk for the issuer.
Delinquent Accounts. If you have a history of late payments, defaults, or delinquent accounts on your credit report, it may signal to the issuer that you are not financially responsible and may lead to a denial of your application.
Multiple Recent Credit Applications. Applying for multiple credit cards or loans within a short period, especially if accompanied by rejections, may raise concerns for the issuer about your financial stability and lead to a denial.
How to Pay Off Credit Card Debt
Access Your Account. Sign in to your Chase online banking account or mobile app to access your credit card information.
Review Your Balance. Take a moment to examine your outstanding balance, including any accumulated interest or fees.
Choose a Payment Method. Determine how you wish to proceed with your payment. Chase provides several convenient options, such as online banking, mobile banking, in-person at a financial center or ATM, by phone, or through the mail.
Online Payment. If you opt for online payment, log in to your account, proceed to the bill pay section, and follow the prompts to initiate a payment. You can select to pay the minimum amount due, the full balance, or a customized amount.
Mobile Payment. Alternatively, you can utilize the Chase mobile banking app to complete a payment. Choose your IHG One Rewards Premier Business credit card account and follow the prompts to finalize the payment process.
In-Person Payment. For those preferring in-person transactions, visit a Chase financial center or ATM. You can make a payment using cash, a check, or your debit card at the ATM, or seek assistance from a representative at the financial center.
Phone Payment. To make a payment over the phone, dial the Chase customer service number and follow the automated instructions to navigate to the payment section. From there, you can complete the payment using your checking account or debit card.
Mail Payment. Lastly, if mailing your payment suits your preference, utilize the payment address provided on your billing statement. Ensure to include your IHG One Rewards Premier Business credit card account number on the check or money order and allow adequate time for delivery.
Confirm Payment. Following your payment submission, verify that it has been successfully processed. You can check your account balance online or via the mobile app to confirm the payment's application to your IHG One Rewards Premier Business credit card debt.
Editorial Opinion
The IHG One Rewards Premier Business Credit Card provides substantial rewards for those who frequently stay at IHG properties, making it a valuable option for business travelers. The high bonus points offer and the potential for earning significant points on various purchases can enhance the overall value for cardholders. However, the card's benefits are closely tied to IHG stays, which may limit its appeal to those who prefer more flexible travel rewards programs. The variable APR and annual fee are important considerations for potential applicants.
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