by Lyle Daly | Oct. 13, 2020
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With an elevated sign-up bonus and no annual fee for the first year, this hotel credit card has much more to offer new cardholders.
The IHG® Rewards Club Premier Credit Card has always been a high-value, affordable option for travelers who like staying at IHG® hotels. And some recent limited-time upgrades have made it even better.
Not only does the sign-up bonus now offer an additional 15,000 points, but the $89 annual fee is also waived for the first year. This is currently the most valuable IHG® credit card bonus, although the hotel also has another credit card with an upgraded sign-up bonus.
The same sign-up bonus rules apply for both credit cards. You aren't eligible if you're a current cardholder or a previous cardholder who received a sign-up bonus in the previous 24 months.
Here's a look at both sign-up bonuses and why the IHG® Rewards Club Premier Credit Card is the better choice.
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Since IHG points are generally worth about $0.005 per point, the new bonus has an approximate value of $700. The exact value you get will depend on how you redeem those travel rewards, though. You'll also save $89 in the first year thanks to the annual fee waiver.
Additional benefits of the IHG® Rewards Club Premier Credit Card include:
The IHG® Rewards Club Traveler Credit Card's other benefits include:
The IHG® Rewards Club Premier Credit Card is clearly the right card for almost everybody.
You'll pay nothing with either card for the first year. You'll get 40,000 more bonus points and earn 10 more points per $1 at IHG® if you open the IHG® Rewards Club Premier Credit Card. If you decide you don't want to pay its $89 annual fee after a year, you can downgrade your credit card to the IHG® Rewards Club Traveler Credit Card.
The only reason to apply for the IHG® Rewards Club Traveler Credit Card is if you need a bonus with a lower spending minimum. Otherwise, the IHG® Rewards Club Premier Credit Card is the obvious choice. And since it gets you a free night every year, it also offers much more value, even with the annual fee.
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