Heads up, RewardSmart users! We've received word that the IHG Premier card's boosted welcome bonus of 175,000 points is nearing its end date. While we don't have a confirmed expiration yet, history tells us these lucrative offers don't stick around forever. Let's break down if this card is a smart move for you, and how to maximize those potential rewards.

Is the IHG Premier Card Worth It?

The IHG Premier card, issued by Chase, offers a compelling package for frequent travelers, particularly those loyal to the IHG hotel group (which includes brands like Holiday Inn, InterContinental, and more). Beyond the welcome bonus, the card offers a range of benefits:

  • Solid Earning Rates: Earn points on IHG stays, dining, gas stations, and everyday purchases.
  • Anniversary Free Night: Each year, you receive a free night certificate redeemable at IHG hotels costing up to 40,000 points.
  • Automatic IHG Platinum Elite Status: Enjoy perks like room upgrades (when available), bonus points on stays, and priority check-in.
  • Global Entry or TSA PreCheck Credit: Receive a statement credit to cover the application fee every four years.

However, it's crucial to consider the card's annual fee. Factor in whether the perks and potential rewards outweigh this cost for your individual spending and travel patterns.

Maximizing the 175,000-Point Bonus

To unlock the 175,000-point bonus, you'll likely need to meet a minimum spending requirement within a specific timeframe (usually 3 months). Here's how to approach this strategically:

  • Plan Your Spending: Track your regular expenses and upcoming purchases. Can you shift some spending to the new card to meet the threshold without overspending?
  • Consider Prepaying Expenses: Explore prepaying bills like insurance or utilities, if allowed, to accelerate your progress.
  • Don't Just Buy Stuff: Avoid unnecessary purchases solely to meet the spending requirement. That defeats the purpose of earning rewards!
  • Track Your Progress: Use the Chase app or website to monitor your spending and ensure you're on track to earn the bonus.

Redeeming Your IHG Points Strategically

Once you've earned your 175,000 points, the real fun begins! Here are some redemption strategies:

  • Weekend Getaways: Use your points for free nights at IHG hotels during weekend trips or short vacations.
  • Luxury Stays: Redeem points for aspirational stays at high-end InterContinental hotels or resorts.
  • Points + Cash: Combine points with cash to book stays when you're short on points or when it offers a better value.
  • Be Flexible: Be open to traveling during off-peak seasons or to less popular destinations to maximize the value of your points.

Remember to check the points value per night for different hotels and dates to ensure you're getting a good return on your points.

Act Now or Wait?

With the bonus reportedly ending soon, you have a limited window to apply. If you've been considering the IHG Premier card and can comfortably meet the spending requirements, now's the time to act. However, if you're unsure or your travel plans are uncertain, it might be wise to wait and see if another attractive offer emerges in the future. Keep an eye on RewardSmart for updates on the best credit card offers available!