IHG’s credit card portfolio gets a major revamp — here are all the changes you need to know

Mar 25, 2022

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Editor’s note: This post has been updated with new information. 


Earlier this year, IHG announced that a host of major updates would be coming to its loyalty program. But beyond revealing new elite status thresholds, IHG was pretty tight-lipped about other forthcoming changes — and some loyalty-related shifts have since been pushed back to April.

But starting today, updates to IHG’s credit card portfolio are live, as there are three credit card products now under the IHG Rewards umbrella, including two rebranded personal cards and a brand-new business card.

For a while, IHG has had two publicly-available cards — the no-annual-fee IHG Rewards Traveler Credit Card and the $99-per-year IHG Rewards Premier Credit Card. These two cards now have some significant modifications, while the all-new IHG Rewards Premier Business Credit Card is now live for applicants.

And to celebrate, all three cards have debuted impressive welcome offers.

Here’s everything you need to know.

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In This Post

Rebranded IHG personal credit cards

(Photo courtesy of Kimpton St Honoré Paris/IHG)

In February 2021, IHG changed the name of its loyalty program from IHG Rewards Club to simply IHG Rewards. Now, IHG is updating the name of their credit cards to match, ditching the word, “Club” from both products.

Besides an ever-so-slight naming change, however, both cards will also undergo some substantial improvements — some positive, some less so — starting today, March 24.

These updates include a significant increase in both cards’ earning rates for several purchase categories, including on everyday spending.

In addition, carrying one of these cards should open up new pathways to elite status and more bonuses for overall card spending. Those with the IHG Premier version will also be able to top off their annual free night award using points, which should make this perk just a bit more versatile.

Here are the details on each card and the changes in store.

Related: The incredibly easy way of redeeming IHG’s 4th-night reward

IHG Rewards Traveler Credit Card — higher earning rates and elite status

The IHG  Rewards Club Traveler Credit Card is now the IHG Rewards Traveler Credit Card.

New applicants of the IHG Rewards Traveler card will earn 120,000 bonus points after spending $2,000 on purchases within the first three months of account opening. Based on TPG’s valuations, this welcome offer is worth $600 — which is a solid value for a card with no annual fee.

Here is a closer, side-by-side look at all of the card’s benefits before and these changes went into effect and now:

Feature Before Now
Earning rate on IHG stays 5 points per dollar. 5 points per dollar.
Earning rate on utilities, internet, cable, phone, and select streaming services purchases 1 point per dollar.

 

3 points per dollar.
Earning rate at restaurants/dining and gas stations 2 points per dollar. 3 points per dollar.
Earning rate on all other purchases  1 point per dollar. 2 points per dollar.
Automatic IHG Rewards elite status None. Silver.
Pathway to achieve IHG Rewards Gold status  $10,000 on purchases each calendar year. $20,000 on purchases each calendar year + 1 additional purchase.
Calendar-year spending bonus None. 10,000 bonus points after $10,000 on purchases + 1 additional purchase.
Fourth-night benefit on award stays 
Yes. Yes.
Annual fee $0. $0.

Note that the IHG Traveler card used to earn 2 points per dollar at grocery stores — though as of today, all purchases now qualify for that earning rate. As a result, existing cardholders will not be impacted by this change.

The major improvements here include higher earning rates and automatic Silver status, though the perks at that level are mainly incremental.

IHG Rewards Premier Credit Card — top off your annual award night for any IHG hotel

The IHG  Rewards Club Premier Credit Card is now the IHG Rewards Premier Credit Card.

New applicants of the IHG Rewards Premier will earn 140,000 bonus points after spending $3,000 on purchases in the first three months from account opening — worth about $700 toward IHG stays.

Here is a closer, side-by-side look at all of the card’s changes.

Feature Before Now
Earning rate on IHG stays 10 points per dollar. 10 points per dollar.
Earning rate on travel 1 point per dollar.

 

5 points per dollar.
Earning rate at restaurants/dining and gas stations 2 points per dollar. 5 points per dollar.
Earning rate on all other purchases  1 point per dollar. 3 points per dollar.
Annual Free Night certificate up to 40,000 points Yes. Yes.
Ability to top off Annual Free Night certificates No. Yes, unlimited points above the 40,000-point redemption limit.
Automatic IHG Rewards Platinum status Yes. Yes.
Pathway to achieve IHG Rewards Diamond status No. Yes, spend $40,000 on purchases + 1 additional purchase each calendar year.
United TravelBank Cash No. Yes, up to $50 per calendar year for the primary cardholder to be used on United purchases (registration required).
Bonus after $20,000 in spending annually 
10,000 bonus points (each account anniversary year). 10,000 bonus points and $100 statement credit after spending $20k on purchases + 1 additional purchase each calendar year.
Fourth-night benefit on award stays  Yes. Yes.
Annual fee $89. $99 (will increase for existing cardholders in 2023).

The IHG Rewards Club Premier card previously earned 2 points per dollar at grocery stores. However, since all purchases (outside the bonus categories above) now earn 3 points per dollar, cardholders actually come out ahead on their supermarket spending. This card will also continue to reimburse holders up to $100 once every four years for Global Entry or TSA PreCheck.

As for the rest of these changes, almost all of them are very positive. Sure, the annual fee will be $10 extra per year, but that only starts in 2023 for existing cardholders. The new earning rates also represent significant improvements, as is the ability to spend your way to Diamond elite status if that’s of interest. The fact that the IHG Premier card will continue to confer IHG Platinum status is also a decent selling point, since IHG will be improving the benefits at that tier to include earning more bonus points on stays.

However, the most dramatic change will be the ability to top off the card’s annual free night certificate. These certificates are currently very limited, since they have a 40,000-point ceiling. By allowing cardmembers to use their points to top off for awards at even higher-priced hotels like the Six Senses Laamu in the Maldives, however, the card will drastically improve the value of this particular perk. It might just be enough to convince some IHG loyalists who have avoided the card in the past to sign up.

This echoes a similar move by Marriott, which, as it switches over to dynamic pricing, will also begin allowing cardholders who receive an annual free night award to top theirs off with up to 15,000 more bonus points. IHG’s version, while potentially more expensive to cardholders in terms of points, essentially opens up the chain’s entire roster of properties around the world to certificate redemptions (assuming you have enough points for the top off), which is huge and a real differentiator from Marriott.

New: IHG Rewards Premier Business Card

Also starting today, all legacy cardholders of IHG business products (none of which are available to new applicants) will be migrated to an all-new product: the IHG Rewards Premier Business Card.

This card is also now available to new applicants and will charge a $99 annual fee. (This annual fee will not go into effect until 2023 for legacy IHG business cards.)

The business card’s welcome bonus is identical to that of the personal IHG Rewards Premier card. New applicants will earn 140,000 bonus points after spending $3,000 on purchases in the first three months from account opening, also worth $700 toward IHG stays.

The perks of this card also mirror the personal version:

  • Top off annual free night award (worth up to 40,000 points) using points from your account.
  • Enjoy automatic IHG Platinum elite status with a shot at Diamond after spending $40,000 on purchases (plus making one additional purchase) in a calendar year.
  • Earn 10,000 bonus points and a $100 statement credit after spending $20,000 on purchases and making one additional purchase each calendar year.
  • Get a fourth-night free on award stays
  • Receive up to $50 in United Travel Bank annual credit (after registration).
  • Get a Global Entry or TSA PreCheck credit once every four years.

However, there are some notable differences, too.

First, in addition to earning 5 points per dollar on travel, dining and gas, this business card will also accrue 5 points per dollar on social media and search engine advertising and at office supply stores. The card will earn 3 points per dollar on other purchases.

IHG Premier Business cardholders will also receive an additional free night award worth up to 40,000 points, but with the ability to top it off using points, after spending $60,000 each calendar year.

Depending on your spending habits, and whether you’re looking for a business card to supplement your IHG earning, this card could be a good choice for some. Although you will likely have to be under Chase’s 5/24 limit to apply for the card, once it’s open, it should not count toward your 5/24 threshold, so that might be another reason to get it if you’re close to the limit.

Related: What is IHG Rewards elite status worth?

Will these changes apply to the legacy IHG Rewards Club Select Card?

No, those with the legacy IHG Rewards Club Select Card will not be impacted by any of the changes outlined above. This means that the annual free night award worth up to 40,000 points cannot be topped off with points from your IHG account on this particular product.

Bottom line

Overall, the evolution of these cards represents fantastic news for existing IHG credit cardholders in addition to new applicants interested in opening an IHG card in 2022.

The ability to top off with points when redeeming a 40,000-point certificate is a huge win overall and hearkens back to the days when some IHG cards offered reward night certificates good at any of the chain’s properties. While not as lucrative as those, the ability to save up to 40,000 points on even expensive stays is a net positive — and that’s not even considering the increased earning rates and new perks that are now live on these cards.


Official application link: IHG Rewards Traveler Credit Card.
Official application link: IHG Rewards Premier Credit Card.
Official application link: IHG Rewards Premier Business Card.


Additional reporting by Stella Shon.

Featured photo by Eric Rosen/The Points Guy . 

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