Chase IHG Rewards Club Premier World Elite MasterCard now has a 105K + $50 credit signup bonus, the best we have ever seen on this card or the card it replaced (IHG Rewards Club Select MC). The $89 annual fee is not waived for the first year. The signup bonus: $50 statement credit after the first purchase + 100,000 points after spending $3,000 within 3 months of new account opening + additional 5,000 points after adding one authorized user and making the first purchase within the same 3-month period. The bonus is not available if you currently have this card or have received a signup bonus for this card in the past 24 months. Note that this card is NOT subject to Chase' infamous 5/24 rule (you won't be approved for a new card if you have opened 5 or more new accounts within the past 24 months).
So do you apply now?
So do you apply now?
- Pros: (1) The best ever signup bonus on any IHG-brand credit cards (the previous best bonus was 85K). (2) The card is NOT subject to the 5/24 rule, so for people who are over 4-card limit it could be be approved. (3) The anniversary free night capped at 40K level, even not as lucrative as the un-capped free night previously available on IHG Select MC, is still a good reason to keep the card after the first year. (4) If you still have the old IHG Select MC, you will have two anniversary nights going forward.
- Cons: The value of IHG points are generally not that great - our value is 0.4 cent a piece. So the signup bonus in our book after considering the $89 annual fee is $380. If you are interested in other great signup offers, you might want to check out our Promotions page for the list in the order of signup value.
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