Chase Launches New IHG Premier Select Card With 200,000 Points

Chase and IHG One Rewards have expanded their co-branded credit card portfolio with the introduction of the IHG One Rewards Premier Select Credit Card, a new premium offering designed for frequent guests of IHG Hotels & Resorts. This card is now available for new applications and comes with a significant welcome bonus. New cardmembers who spend $5,000 on purchases within the first three months of account opening can earn 200,000 bonus IHG One Rewards points. This limited-time welcome offer is valid through November 18. According to The Points Guy's October 2026 valuations, IHG points are valued at 0.6 cents each, making the 200,000 bonus points equivalent to approximately $1,200 in value. In addition to the welcome points, new cardholders can earn an additional 10,000 bonus points by adding an authorized user to their account within the same initial three-month period. The terms and conditions specify that individuals who have received a new cardmember bonus for this particular credit card within the last 24 months are not eligible for this offer. However, holding other IHG One Rewards cards is not stated as a disqualifier for the Premier Select offer, as it is a brand-new product. Applicants must also adhere to Chase's standard application restrictions, including the 5/24 rule. The IHG One Rewards Premier Select Credit Card carries an annual fee of $350. This fee positions it within the premium hotel credit card market, comparable to the Wyndham Rewards Earner® Premier Card, which has a $395 annual fee. It is notably lower than the annual fees of other premium hotel cards such as the Marriott Bonvoy Brilliant® American Express® Card, which costs $650, and the Hilton Honors American Express Aspire Card, priced at $550. The value proposition for frequent IHG guests is that the ongoing benefits provided by the IHG Premier Select card are expected to outweigh its annual cost. The card aims to provide substantial value through its rewards structure and perks, catering to travelers who frequently stay at IHG properties. IHG Hotels & Resorts is a global hospitality company with a diverse portfolio of brands, including InterContinental, Holiday Inn, and Crowne Plaza, operating in over 100 countries. Chase is a leading financial services firm offering a wide range of banking and credit card products.