Contents
IHG Rewards Club Credit Card
$89
Pros
- IHG Credit Card's annual fee is $89 and this is a good fee for such a card.
- Free hotel stay opportunities.
- 80,000 bonus points when you spend $3000 in first 3 monhts, 10000 points when you spend $20,000 in a year. Total: 90,000 points.
- Rewards rates are excellent.
- There are many travel benefits and insurances of the card.
- There is no foreign transaction fee of IHG® Rewards Club Premier Credit Card. This will help you to save a lot with a travel card.
- Consumers are not only earning rewards points with purchasing from a single company. You can earn good amount of rewards points with this card in your vacation/holiday/travel.
Cons
- Cash advance and balance transfer fees are high.
- Minimum APR for purchase and balance transfer is high.
- Cash Advance APR is very high.
Review
IHG Credit Card (aka IHG® Rewards Club Premier Credit Card) is a hotel credit product which provides several benefits for consumers. You are going to find a detailed review about the card on this page. We will mention about bonuses, rewards points, promotions, benefits, interest rates and fees of the card. You can also see rates and fees table below.
Spend $2,000 Earn 80,000 Bonus Points
It is very important that how you will earn bonus points on credit cards. This is one of those cards which doesn’t ask much consumers to provide bonus points. You will need to spend $2,000 in three months (from account opening) to get 80,000 bonus points. 80,000 bonus points worth is equal to $800. The amount of bonus points is very attractive.
If you spend $20,000 in a year with your card, you are going to earn additional 10,000 bonus points. This is not much but still something if your purchases exceeds $20,000 in a year.
Bonus Points: Excellent
IHG Credit Card Rewards: 10 Points Per $1
Actually this is one of the most excellent rewards promotions I have seen. Why? 10 rewards points per $1 is helping you to save 10 percent of your purchases. Besides you are not just earning those rewards points from one single hotel, all InterContinental Hotels Group properties included this. While you are staying in a IHG Hotel, you are going to earn 10x points to all your purchases. If you want to save money in your vacation, this opportunity will be an awesome opportunity for you. So you will able to make your holidays much cheaper.
Card users are not just earn rewards while you are staying in a IHG Hotel. They will also continue to earn them with your daily purchases…
You can earn 2x points on gas, grocery and restaurant purchases.
You can also earn 1x points on all other purchase categories.
Rewards Points: Excellent
IHG Credit Card Benefits & Promotions
You will also have several benefits with IHG® Rewards Club Premier Credit Card. There are many good promotions that you can use.
Free Night Stay at Account Anniversary
You will have an opportunity to stay in an IHG Hotel in your account anniversary. This depends on hotel and the time but it means you will able to save about $200-$500. So we recommend you to have this card in dates that you go to vacation.
Redeem Points for 4 Night Stay (or More) and Earn a Free Night
This is another good opportunity for saving money. When you redeem your points for 4 night stay, you will earn a free night stay additionally. So you are going to have another free one day stay in the hotel.
Travel Insurance & Benefits
You will have these travel insurance and benefits with IHG® Rewards Club Premier Credit Card.
- Purchase Protection
- Baggage Delay Insurance
- Trip Interruption Insurance
- Lost Luggage Reimbursement
- Trip Cancellation
Benefits & Promotions: Excellent
IHG Credit Card Foreign Transaction Fees
Foreign transaction fees is one of the key feature in Travel/Flight/Hotel credit cards for our credit card consultants. We like credit cards which doesn’t ask for foreign transaction fees. IHG Credit Card is one of those cards which doesn’t ask for extra payment at foreign transactions. IHG® Rewards Club Premier Credit Card will get extra review points from our experts because of this feature.
No Foreign Transaction Fees: Excellent
IHG Credit Card Annual Fee: $89
This is a credit card which provides several benefits, bonuses and rewards points for consumers. $89 is actually a low fee for IHG® Rewards Club Premier Credit Card.
Annual Fee: Excellent
IHG Credit Card APR (Interest Rates)
Especially we think that minimum interest rate for balance transfers and purchase of the card is high. It is 17.99%. A consumer with excellent and good credit score can question this. Since there are cards with 9%-10% APR and they can be quite profitable for them if their purchases are very high. Maximum APR is fair.
Cash Advance APR is also high. It doesn’t matter how is your credit score, all consumers will need to pay 26.99% APR for each cash advances.
Interest Rate: Poor
IHG Credit Card Cash Advance Fee & Balance Transfer Fee
This is another problem of IHG® Rewards Club Premier Credit Card. 5% balance transfer fee and cash advance fee is high. These fees can also make cards expensive with small differences. For example, this card could be quite profitable if Cash Advance Fee and Balance Transfer Fee was 4%. Our recommendation is 4% maximum for credit cards.
Cash Advance Fee & Balance Transfer Fee: Poor
You can see rates & fees table below and also editor scores for cards.
IHG Credit Card Rates & Fees
| Interest Rate (APR) | Rewards ($1) | Annual Fee | FTF(*) | Cash Advance Fee | Cash Advance APR | Balance Transfer Fee | Balance Transfer APR |
|---|---|---|---|---|---|---|---|
| 17.99% – 24.99% | 10x on all purchases when you stay at IHG® hotels.
2x on restaurants, gas, grocery purchases. 1x on all other purchase categories. 80,000 Points when you spend $3,000 in 3 months. 10,000 extra points when you spend $20,000 in a year. Free night stay at account anniversary. Free night stay when you redeem points for 4 night stay.
|
$89 | None | $10 or 5% | 26.99% | $5 – 5% | 17.99% – 24.99% |
FTF: Foreign Transaction Fee
Editor Scores
| Type of Card | Editor Score | Overall Score | Total Cards |
|---|---|---|---|
| General | 212 | 200 | 100 |
| Sign-Up Bonus | 240 | 199 | 44 |
| Rewards | 213 | 189 | 64 |
| Hotels | 477 | 356 | 5 |
| No Foreign Transaction | 198 | 178 | 40 |
Similar Credit Cards to IHG Credit Card
Originally posted 2018-12-30 11:14:57.
