IHG One Rewards Credit Card by Chase: 5x hotels in the IHG Hotels & Resorts portfolio, 3x dining & restaurants, 3x gas stations, 3x streaming services, 3x…
The IHG One Rewards Credit Card is Chase's no-annual-fee credit card. The $0/yr annual fee includes a 125,000-point welcome bonus after spending $2,000 in the first 3 months. Beyond the welcome bonus, here's what the card actually delivers.
| Credit | Value | What it covers |
|---|---|---|
| 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 |
Welcome bonus value (year one): ~$750. Annual statement credits: $120. Minus the $0 annual fee = ~$870 in year-one net value before any spending earn. RewardsGuru rating: 4.1/5 — based on our net-value methodology.
Best fit: someone building a long-term card portfolio without ongoing cost — the card stays open forever, padding average account age. Skip if: you want premium perks (lounge access, large statement credits, elite status); this card has none.
125,000 points after spending $2,000 in the first 3 months. At our ~0.6¢/pt valuation, that's roughly $750 in real value.
Yes — there's no annual fee. The card stays open at zero ongoing cost, which makes it a good long-term hold for credit-history length.
1 recurring statement credit: Instacart credit ($120/mo). Total: $120/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.