IHG One Rewards Business Credit Card by Chase: 10x hotels in the IHG Hotels & Resorts portfolio, 5x advertising (search / social media), 5x dining &…
The IHG One Rewards Business Credit Card is Chase's mid-tier credit card. The $200/yr annual fee includes a 190,000-point welcome bonus after spending $5,000 in the first 3 months. Beyond the welcome bonus, here's what the card actually delivers.
| Credit | Value | What it covers |
|---|---|---|
| United TravelBank Cash | $50/yr | Up to $50/yr in United TravelBank Cash after registering the card with a United MileagePlus account |
| $100 Food & Beverage Rewards credit | $100/qtr | One Food & Beverage Reward voucher of up to $25 each calendar quarter, up to $100 a calendar year, "to be redeemed for credit against eligible food and beverage on your room bill at participating IHG Hotels & Resorts." Each voucher expires at the end of its quarter. |
| $100 airline statement credit | $100/yr | A $100 statement credit each calendar year after a purchase of at least $250 on flight tickets booked directly with the airline, through 12/31/27. Applied automatically. |
| $100 Expensify credit | $100/yr | Statement credits on purchases made directly with Expensify (expensify.com or the Expensify app), up to $100 each calendar year. Applied automatically. |
| Instacart credit | $120/mo | $10/mo in Instacart credits ($120/yr) for purchases made directly through Instacart, after activating the complimentary Chase Instacart+ membership. Benefits end 12/31/27 |
| Anniversary Free Night (up to 50,000 points) | $300/yr | Automatic each account anniversary year; redeemable at a property up to 50,000 points (may top up with own points for higher). Verified first-party 2026-10-02. |
Welcome bonus value (year one): ~$1140. Annual statement credits: $770. Minus the $200 annual fee = ~$1710 in year-one net value before any spending earn. RewardsGuru rating: 4.2/5 — based on our net-value methodology.
Best fit: small-business owners who can run business expenses through one card and want the welcome bonus + category multipliers. Skip if: you don't have separate business spend or you'd struggle to hit the welcome-bonus spending requirement.
190,000 points after spending $5,000 in the first 3 months. At our ~0.6¢/pt valuation, that's roughly $1140 in real value.
Year-one math: welcome bonus value (~$1140) + annual credits ($770) − $200 fee = ~$1710 net before spending earn. Year-two onward, the credits alone need to clear $200 — they do. Worth it if you'll use the credits, skip if you'd let them expire.
6 recurring statement credits: United TravelBank Cash ($50/yr), $100 Food & Beverage Rewards credit ($100), $100 airline statement credit ($100/yr), $100 Expensify credit ($100/yr), Instacart credit ($120/mo), Anniversary Free Night (up to 50,000 points) ($300/yr). Total: $770/yr.
Check the card's terms — most premium travel cards waive foreign transaction fees, while no-fee and entry-tier cards usually charge 2-3%. Chase's product page has the current rate.