Chase & IHG have launched a new premium card called ‘IHG Premier Select‘ with a $350 annual fee and limited time 200,000 point sign up bonus.
Card Basics
- $350 annual fee not waived first year
- 200,000 point sign up bonus after $5,000 in spend within the first three months (valid until 11/18/2026)
- 10,000 bonus points after you add an authorized user to your account within 3 months of account opening
- Card earns at the following rates:
- 12x points on IHG purchases
- 6x points on dining and all other travel including rideshare
- 3x points on all other purchases
- Annual free night certificate (good on properties costing up to 60,000 points per night)
- $300 in food and beverage reward vouchers at IHG hotels ($75 per quarter)
- $200 airline statement credit when you spend $250+ on flights directly through the airline each calendar year
- Redeem 3 nights, get 4th night free benefit
- Automatic platinum status
- 20 elite night credit at account opening and the start of each calendar year
- Earn 2 elite night credits for every $5,000 spend
- Earn 5 elite night credits after you spend $15,000 on purchases in a calendar year (in addition to the two for every $5,000 you spend)
- Earn 20,000 bonus points after you spend $15,000 on purchases in a calendar year
- Earn a free night certificate (good on properties costing up to 60,000 points per night) when you spend $40,000 on purchases within a calendar year
- Global Entry, TSA PreCheck or NEXUS statement credit up to $120
- $50 United Airlines TravelBank cash each year ($25 January – June, $25 July – December)
- 30% discount on IHG point purchases
Our Verdict
Card itself is interesting as you’re able to offset most/all of the annual fee with the airline credit and free night certificate. As part of the introduction of this card it looks like they have changed existing cards (more information here) and also done a broad devaluation across the board as well. Before anybody asks I haven’t see any datapoints to suggest that 5/24 doesn’t apply to this new card so expect the usual application rules for Chase. Will add this to the new cards released for 2026.
How did they notify you that they had to transfer credit limit from other cards? Did you have to call the recon line or do they do it automatically?
Just using the annual free night and airlines credit is $450 in value. You don’t even have to use any of the other benefits. Seems quite straightforward compared to other cards where you have to use 5+ benefits just to break even with the fee
Man, these hotel and airline cards getting crazy with their benefits. Unless one is really married to a brand, these look PITA to maintain and maximize the benefits.
I hold the $49 legacy card along with the Biz Premier. I’m going to get this one because the $200 airline credit is easy for me to use. Spending $15K gets you 20K points, and spending $25K gets you Diamond status, which includes lounge access. I might spend another $15K to get to $40K for the second FNA. The first $15K level, with the 20K points issuance, is basically a freebie and is worth $100. Each 60K FNA would be worth at least $250 in my book. The quarterly restaurant credit might be harder for me to use since it’s $75 per stay. The UA credit could also be useful. I’m hoping Chase comes out with something comparable for Hyatt!
Why on earth would you?