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The IHG Rewards Club Select Credit Card has increased its signup bonus to let you earn 80,000 points. This is a $0 annual fee the first year card, and $49 thereafter.
This is arguably the best hotel credit card to get for the signup bonus and to keep for its ongoing benefits. It isn’t the card where you want to put all of your spending.
Intercontinental Kuala Lumpur
Get the Card for 80,000 Bonus Points and More
The IHG Rewards Club Select Credit Card is now offering new cardmembers 80,000 bonus points after $1,000 spend on purchases in the first three months after account opening.
You also get 5000 bonus points when you add an authorized user and make a purchase within the same three-month period.
Now, 80,000 IHG Rewards Club points aren’t worth as much as the 80,000 Marriott Rewards points you can earn with the Marriott Rewards Premier Credit Card. One Marriott point is worth more than one IHG Rewards Club point.
However the IHG® Rewards Club Select Credit Card has two things going for it just in terms of the signup bonus and before we get to the benefits: the lower annual fee and easier approval for many.
All of the reports I’ve seen are that the card has not been subject to ‘5/24’ meaning that Chase does appear to approve people for the card even if they have 5 or more new cards in the last 24 months.
This is outstanding for the low annual fee, the low spend requirement, and that the bonus is going to be open to so many cardmembers. Anecdotally this has seemed to be one of Chase’s easier to get rewards cards.
Keep the Card for Its Benefits
The card is $0 the first year but it’s one that readers who have it keep. That’s because it’s well worth $49 after year one for Platinum status in the IHG Rewards Club program, for a 10% rebate on points redemptions up to 100,000 points back each year, and for an annual free night that isn’t capped. The card also has no foreign transaction fees.
- Platinum is mid-tier status. Recognition of benefits varies across properties, but many properties do go above the terms and conditions of the program with upgrades and club lounge access when they have it to offer. You’re going to get priority for late checkout and early checkin and you earn 50% bonus points on your stays. Although many of the benefits of status don’t apply to award stays, one nice benefit of the status is that your points don’t expire.
- 10% rebate is real value It means your awards are in effect 10% cheaper. The more you redeem, the more value you generate, and you can have up to 100,000 more points than a non-cardholder each and every year.
- Annual free night. This is the best free night offered at card renewal by any chain. You pick your reward night at any of the more than 5000 participating properties. It isn’t capped. So for the $49 fee you can book a $300+ hotel room night each year if you wish.
This is also the only MasterCard I’m aware of Chase offering.
Stick the Card in a Drawer, Your Spend Goes Elsewhere
Earning on the card is 5 points per dollar at IHG hotels, 2 points at gas stations, grocery stores and restaurants, and 1 point elsewhere.
That’s about a 3% rebate for in-hotel spend, I believe that spend on a Chase Sapphire Preferred Card is worth about 20% more than that and the Citi Prestige Card offers more value even for an IHG Rewards Club hotel stay as well.
Double points at gas, groceries and restaurants is really just a 1.2% rebate since I value an IHG Rewards Club point at 6/10ths of a cent apiece.
This is a classic card where you want to get it for the bonus and keep it for the benefits. This is a card to hang onto. But it’s not a card to put your ongoing spend on.
It’s definitely one to get now while the increased 80,000 point bonus and even additional 5000 points for an authorized user are on offer.