I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
Yesterday Chase launched the brand new IHG® Rewards Club Premier Credit Card, a premium card for the IHG Rewards Club program which includes Intercontinental, Crowne Plaza, Kimpton, Holiday Inn and related brands.
The card’s initial bonus offer is 80,000 points after $2000 spend within 3 months and 5,000 points after you add your first authorized user and make a purchase in the first three months.
The card comes with Platinum status, a free night after each account anniversary year, and a free reward night on points stays of 4 or more nights. (That’s better than the ‘5th night free’ from Starwood and from Hilton, and amounts to a 25% discount on four night award stays.)
The annual free night is limited to most of the hotels that are bookable for 40,000 points per night or less. It also must be used within 12 months of issue (rather than just making a reservation within 12 months of issue).
But the key questions when the card came out were:
- Is this a new, separate card?
- Is it subject to ‘5/24’ limits on approval?
Intercontinental Kuala Lumpur
And now we have some data points.
This is a new, separate card. While Chase is limiting Southwest cards to one personal card at a time for the whole family, that does not appear to be the case for the IHG cards. So if you have an existing personal IHG Rewards Club credit card reports are people are getting approved for this one too. That’s great for the 4th night free on points redemptions and the annual free night as well as the signup bonus points.
For many Chase cards you can only get approved if you’ve had fewer than 5 new credit card accounts in the last 24 months. That was never the case for IHG Rewards Club cards. And reports are that’s still true here. Initial data points that I’ve seen suggest that ‘5/24’ does not apply to this card. That makes it the perfect Chase card to get if you’ve had several new cards opened in the last two years.