IHG One Rewards Premier: Interest rates, credit limits, cashback, and bonuses. Learn about the conditions for obtaining the card, registration and options for receiving it online or at a branch. Discover its features.
from 2000 $
Credit Limit
21.49 - 28.49 %
APR
$ 140000 points
Welcome Bonus
Details
General Info
Required documents
SSN
APR
21.49 - 28.49 %
Credit Limit
from 2000 $
Welcome Bonus
$ 140000 points
Interest rates
Shopping
21.49 - 28.49 %
APR for Cash Advances
29.99 %
APR for Balance Transfers
21.49 - 28.49 %
Do I fit in?
Credit Score
from 670
Age
from 18 years
Fees
Annual Fee
99 $
Foreign Transactions
0 %
Late Payment
Up to 40 $
Returned Payment
Up to 40 $
The IHG One Rewards Premier Credit Card offers cardholders the opportunity to earn substantial rewards on their purchases, particularly when staying at IHG Hotels and Resorts. New cardmembers can earn 140,000 bonus points after spending $3,000 in the first three months. The card also provides up to 26X total points per $1 spent at IHG properties, 5X points on gas, dining, and travel, and 3X points on all other purchases. Additional benefits include automatic Platinum Elite Status, an annual free night, and a $100 statement credit with bonus points after meeting certain spending thresholds. The card carries an annual fee of $99 and a variable APR ranging from 21.49% to 28.49%.
Features
140,000 Bonus Points. New cardmembers can earn 140,000 bonus points after spending $3,000 on purchases in the first three months from account opening.
Up to 26X Points at IHG. Earn up to 26X total points per $1 spent at IHG Hotels and Resorts, combining 10X points with the card, up to 10X points from IHG, and up to 6X points with Platinum Elite Status.
5X Points on Gas, Dining, and Travel. Earn 5X points per dollar spent on gas stations, dining, and travel.
3X Points on All Other Purchases. Earn 3X points per dollar on all other purchases.
Platinum Elite Status. Automatic Platinum Elite Status as long as the cardholder remains a cardmember, providing benefits like room upgrades and late checkout.
Pros and Cons
Pros
Anniversary Free Night. Receive an anniversary free night each account anniversary year, redeemable at IHG properties with a current point redemption cap of 40,000 points.
$100 Statement Credit and Bonus Points. Earn a $100 statement credit and 10,000 bonus points after spending $20,000 each calendar year.
No Foreign Transaction Fees. No fees on purchases made outside the United States, making it a good option for international travelers.
Cons
Annual Fee. The $99 annual fee may be a drawback for those who do not frequently stay at IHG properties.
High Variable APR. The APR range of 21.49% to 28.49% can result in high interest charges if the balance is not paid in full each month.
IHG-Focused Benefits. The card's rewards and benefits are heavily skewed towards IHG Hotels and Resorts, which may limit its appeal to travelers who prefer a variety of hotel brands.
How to Apply for an IHG One Rewards Premier Credit Card
Explore Credit Card Options. Browse through the available credit card options to find the IHG One Rewards Premier 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 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 Credit Card will be mailed to the address provided during the application process.
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 Card. Look for the IHG One Rewards Premier 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 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 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 need a good to excellent credit score, considered 670 or higher.
Age. Applicants must be at least 18 years old (19 in Alabama and Nebraska, 21 in Puerto Rico).
Residency. Applicants must have a valid permanent home address within the United States, District of Columbia, Guam, Puerto Rico, or the US Virgin Islands. Military personnel with a US military address are also eligible.
Income. Proof of income is required to assess the ability to manage credit responsibly.
New Cardmember Status. This product is available to applicants who do not currently have an IHG One Rewards Credit Card and have not received a new cardmember bonus for this specific card within the last 24 months.
Legal Capacity. Married applicants must disclose their marital status and provide spousal information as required. Specific state laws may impose additional disclosure requirements related to marital property.
Complete and Accurate Information. All application information must be accurate and complete, including personal, financial, and employment details.
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 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 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 credit card debt.
Editorial Opinion
The IHG One Rewards Premier Credit Card can be a strong option for frequent travelers who regularly stay at IHG properties and want to maximize their rewards. The high earning rates for IHG stays and the substantial sign-up bonus provide significant value for dedicated users. However, the card's benefits may be less appealing to those who prefer a broader range of travel options or who seek a lower annual fee. The APR range and penalty fees are also important considerations for potential cardholders.
Is the IHG One Rewards Premier Credit Card worth it?
The IHG One Rewards Premier Credit Card can be a worthwhile choice for individuals who frequently stay at IHG Hotels and Resorts and want to maximize their travel rewards. The substantial sign-up bonus of 140,000 points, the high earning rates for IHG stays, and the additional points on gas, dining, and travel make it attractive for those who travel often. Furthermore, benefits like automatic Platinum Elite Status and the annual free night can offset the $99 annual fee if utilized effectively. However, the card’s value diminishes for those who do not regularly stay at IHG properties or cannot meet the spending requirements to unlock its full potential.
Who would benefit from acquiring the IHG One Rewards Premier Credit Card?
Frequent travelers and loyal IHG customers will benefit the most from the IHG One Rewards Premier Credit Card. Business travelers, vacationers, and those who prefer IHG’s wide range of properties globally will find the card's rewards structure and perks particularly advantageous. Additionally, individuals who spend significantly on gas, dining, and travel can quickly accumulate points through the 5X earning categories. The automatic Platinum Elite Status adds further value, providing perks like room upgrades and late checkout, enhancing the overall travel experience.
Is it hard to get a IHG One Rewards Premier Credit Card?
Obtaining the IHG One Rewards Premier Credit Card requires a good to excellent credit score, which means a score of 670 or higher. Applicants must also meet other criteria, such as being of legal age and having a valid permanent home address in the United States or its territories. Proof of income is necessary to demonstrate the ability to manage credit responsibly. While these requirements may seem stringent, they are typical for premium travel rewards cards. Applicants with solid credit histories and steady incomes are more likely to be approved for this card.
Required documents
APR
Credit Limit
Credit Score
Age
