IHG and Chase Revamp Credit Card Lineup with New Benefits

IHG and Chase have announced a significant revamp of their co-branded credit card portfolio, introducing new benefits, enhanced earning opportunities, and updated annual fees across four cards. The changes aim to provide increased value and more pathways for cardholders to earn IHG One Rewards elite status. Two of the existing IHG credit cards have been renamed, and two will see their annual fees increase, alongside adjustments to anniversary free night caps and the addition of more Elite Night Credits. A new premium card, the IHG One Rewards Premier Select World Elite Mastercard, is also being introduced to the lineup.

The refreshed IHG credit card lineup now comprises four distinct cards, each with varying annual fees ranging from $0 to $350. These cards offer a tailored mix of IHG benefits and elite status perks. The IHG One Rewards Credit Card, formerly the IHG One Rewards Traveler Credit Card, retains its $0 annual fee and offers up to 17 points per dollar spent at IHG hotels, along with 5 Elite Night Credits. Its welcome offer includes 125,000 bonus points after spending $2,000 in the first three months, valid until November 18.

The IHG One Rewards Premier Credit Card will now have an annual fee of $150, a notable increase. It offers up to 24 points per dollar at IHG hotels and provides 15 Elite Night Credits. Cardholders can earn 180,000 bonus points upon spending $3,000 in the first three months, with the offer also ending November 18. This card now grants Gold elite status, a downgrade from its previous Platinum status. The IHG One Rewards Business Credit Card, previously the IHG One Rewards Premier Business Credit Card, will carry a $200 annual fee. It allows cardholders to earn up to 26 points per dollar at IHG hotels and provides 15 Elite Night Credits. Its welcome offer is 190,000 bonus points for spending $5,000 in the first three months, also ending November 18. This business card grants Platinum elite status.

The newly introduced IHG One Rewards Premier Select World Elite Mastercard features the highest annual fee at $350. It offers the highest earning rate of up to 28 points per dollar at IHG hotels and provides 20 Elite Night Credits, along with Platinum elite status. The welcome offer for this premium card is 200,000 bonus points after spending $5,000 in the first three months, with the offer expiring on November 18. These changes reflect IHG and Chase's strategy to enhance the value proposition of their co-branded credit cards, catering to different levels of IHG loyalty and spending habits. The specific benefits and earning rates are designed to encourage increased engagement with IHG properties and the IHG One Rewards program.