Chase's three personal IHG cards side by side as of October 2026: fees, launch offers, earn rates, credits and status, and the one habit that decides whether the $350 card comes out ahead.
Checked October 3, 2026, against Chase's application pages for the three personal IHG cards and their offer details. We value an IHG One Rewards point at 0.6 cents, as of October 3, 2026.
Chase now sells three personal IHG cards: the no-fee IHG One Rewards Credit Card, the $150 IHG One Rewards Premier and the new $350 IHG One Rewards Premier Select. The obvious question is whether the most expensive one gives the most back. In year one it doesn't. After that, it depends on one habit.
| IHG One Rewards Credit Card | IHG One Rewards Premier | IHG One Rewards Premier Select | |
|---|---|---|---|
| Annual fee | $0 | $150 | $350 |
| Launch offer (apply by November 18) | 125,000 points after $2,000 in 3 months | 180,000 points after $3,000 in 3 months | 200,000 points after $5,000 in 3 months |
| Plus, for adding an authorized user in 3 months | 10,000 points | 10,000 points | 10,000 points |
| Points at IHG hotels | up to 17X in total | up to 24X in total | up to 28X in total |
| Dining | 3X | 5X | 6X |
| Grocery stores and gas stations | 3X | 5X | 3X |
| Travel | 2X | 5X through December 31, 2026 | 6X, rideshare included |
| Everything else | 2X | 3X | 3X |
| Automatic status | Silver Elite | Gold Elite | Platinum Elite |
| Anniversary Free Night | none | hotels up to 50,000 points | hotels up to 60,000 points |
| Food & Beverage vouchers on your IHG room bill | none | up to $25 a quarter | up to $75 a quarter |
| Airline credit, after $250 of tickets bought from an airline | none | $100 a year, through 2027 | $200 a year, through 2027 |
| Instacart credit | $120 a year ($10 a month), through 2027 | $120 a year ($10 a month), through 2027 | $120 a year ($10 a month), through 2027 |
| United TravelBank Cash, after registering with MileagePlus | none | up to $50 a year | up to $50 a year |
| Global Entry, TSA PreCheck or NEXUS credit | none | up to $120 every four years | up to $120 every four years |
| 4th Reward Night free on a four-night points stay | starting in 2027, after $5,000 of spending a year | yes | yes |
| Complimentary DashPass | one year | one year | one year |
The Instacart credit needs Chase's complimentary Instacart+ membership activated, and the United TravelBank Cash needs the card registered to a MileagePlus account and is spent on United.
At our value of 0.6 cents per IHG point:
| IHG One Rewards Credit Card ($0) | Premier ($150) | Premier Select ($350) | |
|---|---|---|---|
| Year one: launch offer plus the authorized-user points, minus the fee | about $810 | about $990 | about $910 |
| Each year, using every credit: an IHG stay every quarter, $250+ of airline tickets, Instacart monthly, United TravelBank | about $120 | about $520 | about $680 |
| Each year, one or two IHG stays and some paid United flights | about $120 | about $450 to $470 | about $460 to $530 |
| Each year, one or two IHG stays and no paid flights | about $120 | about $300 | about $200 to $280 |
The "each year" rows count each credit at face value, minus the annual fee, with the anniversary night at our point value. They leave out the points you'd earn from spending, which depend on where you spend, and the perks that don't repeat every year: the Global Entry credit and the first year of DashPass.
How often you stay at IHG.
The Premier Select's biggest credit is its Food & Beverage vouchers: one voucher of up to $75 each calendar quarter, redeemed "for credit against eligible food and beverage on your room bill" at participating IHG hotels. A quarter without a stay is a voucher you don't use.
Add the $200 airline credit, which needs $250 of flights bought directly from an airline, and someone who stays every quarter and flies paid tickets each year comes out about $160 a year ahead with the Premier Select. With one or two stays a year, the two cards land about even. Without the stays and the flights, the extra $200 in annual fee eats the difference, and the Premier stays ahead.
Chase's terms for the Premier and the no-fee card exclude anyone holding "any personal IHG One Rewards Credit Card." The Premier Select's terms exclude only its own current cardmembers and anyone who got its bonus in the last 24 months.
So holding a Premier doesn't rule you out of the Premier Select's offer, but holding a Premier Select does rule you out of the Premier's.
Chase's full October changes, including the Business card, are in IHG Premier Select: Chase's New IHG Card, and What Changes on the Other Three. The free-night math behind IHG's anniversary night is in IHG Premier: 5 Free Nights or 140,000 Points?.