Chase
IHG One Rewards Premier
What it is
The IHG One Rewards Premier is a Chase card earning IHG One Rewards points. Its ongoing value can outweigh the annual fee, making it a potential keeper past year one. IHG's keeper card — the annual free night usually pays the fee by itself, and the 4th-reward-night-free on award stays is the real draw for anyone who redeems IHG points.
Offer history
Value is the welcome bonus at your valuations. The Year 1 total also counts recurring benefits and subtracts the annual fee. Spend / mo (the dashed line, right axis) is the monthly pace to clear the minimum spend in time — shown on every view so the spend stays in context.
| Offer | Bonus | Value | Year 1 | Return | Date |
|---|---|---|---|---|---|
PUBLIC ATH | 185,000$3k · 90d | $1,092 | $1,335 | 36% | Apr ’26 |
PUBLIC | 175,000$5k · 90d | $1,033 | $1,276 | 21% | Jan ’26 |
PUBLIC | 170,000$4k · 90d | $1,003 | $1,192 | 25% | Jan ’25 |
What you get
- Anniversary free night$236per year
Anniversary free night up to 40k IHG pts (top-up allowed). Confirmed UP 2026-06-09. Valued via native cpp. New key ihg_premier_anniversary_fnc. · up to 40,000 IHG
- Instacart+ credit$120per year
3mo Instacart+ + $10/mo through 12/31/27 (DoC May 2025). value_cents_msrp=12000 ANNUAL ($10/mo; encoder ÷12). New key instacart_plus_monthly_credit, category niche_subscription. Shared across IHG cards.
- Global Entry credit$120one-time
Up to $120 every 4 years. Confirmed UP. period=once. Reuse tsa_pre_global_entry_credit.
- United TravelBank credit$50per year
$50/yr United TravelBank ($25×2 semi-annual) when IHG+MileagePlus linked. Confirmed UP. New key ihg_premier_united_travelbank, category credit.
- IHG Platinum status$50per year
Automatic Platinum Elite while held. Confirmed UP. Reuse ihg_platinum_status (also CSR).
Dollar figures are the benefit’s face value. What it’s worth to you — after realistic usage and your own point values — is in the receipt below.
The receipt
default values| SUB value | +$1,092 |
| 185,000 IHG × 0.59¢/pt | |
| Ongoing benefits (yr 1) | +$312 |
Anniversary free night(40,000 IHG · $236 × 85%) Anniversary free night 40,000 IHG · $236 × 85% $201 Instacart+ credit($10/mo × 45%) Instacart+ credit $10/mo × 45% $54 United TravelBank credit($50 × 65%) United TravelBank credit $50 × 65% $33 | |
| One-time benefits (yr 1) | +$30 |
Global Entry credit($120 × 25%) Global Entry credit $120 × 25% $30 | |
| Annual fee | −$99 |
| Year 1 | $1,335 |
| Return on $6k MSR | 18% |
Your score sharpens once you sign in — we add eligibility, spend-fit, and 5/24.
Related cards
IHG One Rewards Premier scores 67 here on default point values. See where it ranks against every card, scored for your points, spend, and eligibility.
Open the ranked table →