Chase IHG Rewards Club Premier World Elite MasterCard Review
- 80k+5k offer: earn 80,000 IHG points after spending $2000 in 3 months, and earn additional 5,000 miles after adding an authorized user on your account.
- IHG points are valued around 0.6 cents (Hotel Points Value). IHG free night award chart can be found here. So the 85k offer is worth about $510!
- Receive a free night certificate every year after your account renewal anniversary date. Anniversary free night certificate is only valid at IHG hotels with a current point redemption level of 40,000 points or less.
- Earn 10x points at IHG property, 2x points at dining, supermarket and gas station, and 1x point on other purchases.
- Earn 10,000 bonus points after you spend $20,000 on purchases and make one additional purchase each account anniversary year.
- 20% off 20% on when you purchase IHG points with your card.
- 4th reward night free when you redeem points for any stay of 4 or more nights.
- Complimentary IHG Platinum Membership.
- Global Entry or TSA PreCheck $100 credit every 4 years.
- No foreign transaction fee.
- $89 annual fee, NOT waived fist year.
- Free night is only valid for one year, and only valid at IHG hotels with a current point redemption level of 40,000 points or less.
Recommended Application Time
- This card is not affected by the 5/24 rule for now.
- You are not eligible for this sign-up bonus if you received a sign-up bonus on this card within 24 months. Note that what matters here is the time you got the sign-up bonus, not the time you open the account or close the account.
- Don’t apply for more than 2 Chase credit cards within 30 days, or it’s highly likely that you will get rejected.
- We recommend you to apply for this card after you have a credit history for more than a year.
Now the anniversary free night is only valid at IHG hotels with a current point redemption level of 40,000 points or less, and this makes it harder to redeem it in big cities. You may find some good redemptions outside of the US. If you only compare the face value of a hotel, it is mostly higher than the $89 annual fee; however, it is not easy to find a fantastic redemption any more. This card is not a good card for everyday use because IHG points are not very valuable, so the 10k spending bonus is basically just a joke. Keeping this card for a long time is basically equivalent to use $89 to buy a hotel night, whether it’s worth it really depend on your traveling frequency etc.
Related Credit Cards
- Call 800-436-7927 to check Chase application status. This is an automated telephone line, and the information has the following meanings: Receive decision in 2 weeks means your application is probably approved; Receive decision in 7-10 days means your application is probably rejected; Receive decision in 30 days simply means your application requires further review and there’s nothing to tell you for now.
- Chase reconsideration backdoor number: 888-270-2127 or 888-609-7805. Call it if you didn’t get approve immediately. Your personal information will be acquired and they will then review it. You seldom answer questions, instead, just enjoy the music and then you get approved or rejected, or further information is needed to be handed in to the branch or be faxed.