Chase Makes Changes To Existing IHG Card Lineup (Increased Annual Fees & More)

Chase has made a number of changes to existing IHG cards as part of the introduction of the IHG Premier Select card. 

• Chase IHG ONE Premier Business card renamed to Chase IHG One Rewards Business Credit Card
  • Annual fee increased to $200 from $99
  • Annual free night certificate good on up to 50,000 points per night (was 40,000)
  • New $100 statement credit for Expensify purchases
  • New $100 in food and beverage reward vouchers at IHG hotels ($25 per quarter)
  • New $100 airline statement credit when you spend $250+ on flights directly through the airline each calendar year
  • United TravelBank credit has been removed 
  • 15 elite night credits after sign up and start of each calendar year
• Chase IHG One Rewards Premier:
  • Annual fee increased to $150 from $99
  • Automatic Platinum Elite status downgraded to Gold Elite
  • Annual free night certificate good on up to 50,000 points per night (was 40,000)
  • New $100 in food and beverage reward vouchers at IHG hotels ($25 per quarter)
  • New $100 airline statement credit when you spend $250+ on flights directly through the airline each calendar year
  • 15 elite night credits after sign up and start of each calendar year
• Chase IHG One Rewards Travel renamed to IHG One Rewards
  • No annual fee remains
  • 5 elite night credits after sign up and start of each calendar year
  • Starting in 2027 fourth night free benefit will require $5,000 in spend per calendar year
• No changes reported on the IHG legacy card ($49 annual fee, Platinum Elite status and free night certificate) Looks like at minimum Chase IHG Legacy card will be increased from $49 to $99.

Our Verdict

Annoying that the annual fees have been increased and now you need a flight to trigger the $100 statement credit to offset the changes. Food and beverage vouchers are a pain to use as it’s one per quarter. Yes if you min/max everything then there is increased value but obviously Chase’s model show that there will be enough breakage that it will be profitable for them. Let me know what you think of the changes in the comments below.