Chase Updates IHG Cards Portfolio, New Business Card Coming in March

Chase Updates IHG Cards Portfolio, New Business Card Coming in March

Chase and InterContinental Hotels Group (IHG) have announced today an upgrade to the Chase IHG Rewards Credit Card portfolio which will go into effect on March 24, 2022. Existing IHG Traveler, Premier and Business cardmembers will receive information and details directly from Chase and IHG starting this week.

As you know from last week, in a recent announcement, IHG unveiled a new vision for its loyalty program and shared the first of many changes that will be introduced in the coming months. The new loyalty program will bring a new tier and a bonus point earning structure that will help cardmembers earn points faster, with more ways to use points than ever before. Now credit cards will be upgraded to go along with the program changes.

The $49 IHG Select Card should not be affected. The changes going into effect on March 24, 2022, will only impact the benefits offered on the IHG Rewards Traveler, Premier and Premier Business Credit Cards. But once the new card benefits launch, IHG Rewards Select cardmembers can product change to another Chase IHG Rewards consumer card (Traveler or Premier) but will be unable to apply for a Traveler or Premier card while still holding a Select card.

IHG Rewards Traveler Credit Card

Changes and enhancements to the IHG® Rewards Club Traveler Credit Card starting 3/24/22 include:

  • The IHG® Rewards Club Traveler Credit Card will become the IHG® Rewards Traveler Credit Card (no fee card)
  • Increased ways to earn points through purchases on the card:
    • 3X points (from 1X) on utilities, internet, cable, phone, and select streaming services purchases
    • 3X points (from 2X) on dining / restaurant and gas purchases
    • 2X points (from 1X) per $1 spent on all other purchases
  • Automatic IHG® Rewards Silver Elite status
  • A simplified way to reach the next IHG® Rewards status level. Cardmembers will earn IHG® Rewards Gold Elite status after spending $20,000 on purchases and making one additional purchase each calendar year, instead of receiving Elite Qualifying Points (EQPs) on purchases made with the card.
  • Earn 10,000 bonus points after spending $10,000 – Cardmembers will now earn 10,000 bonus points after spending $10,000 on purchases and making one additional purchase each calendar year. 
  • Fourth Reward Night Free remains
  • LEARN HOW TO APPLY

IHG Rewards Premier Credit Card

Changes and enhancements to the IHG® Rewards Club Premier Credit Card starting 3/24/22 include:

  • The IHG® Rewards Club Premier Credit Card will become the IHG® Rewards Premier Credit Card
  • Increased ways to earn points through purchases on the card:
    • 5X points (from 1X) on travel
    • 5X points (from 2X) on purchases at gas stations, dining / restaurants
    • 3X points (from 1X) per $1 spent on all other purchases
  • Added flexibility to Anniversary Free Night certificates – Cardmembers can add unlimited points from their IHG® Rewards account to redeem their Anniversary Free Night at hotels above the 40,000 point redemption limit.
  • Up to $50 United® TravelBank Cash each calendar year – Cardmembers can use TravelBank Cash on United Airlines purchases after registering their IHG® Rewards Premier card with their United MileagePlus® account.
  • Earn 10,000 bonus points and $100 statement credit after spending $20,000 – Cardmembers will now earn both 10,000 bonus points and a $100 statement credit after spending $20,000 on purchases and making one additional purchase each calendar year, starting in 2022.   
  • A simplified way to reach the next IHG® Rewards status level:
    • Cardmembers will continue to receive automatic Platinum Elite status, but now will also earn IHG® Rewards Diamond Elite status after spending $40,000 on purchases and making one additional purchase each calendar year with their card, instead of receiving Elite Qualifying Points (EQPs) on purchases made with their card.
  • Fourth Reward Night Free remains
  • Annual fee will increase to $99 in 2023 for existing cardmembers
  • LEARN HOW TO APPLY

New Business Card

Finally, Chase and IHG are introducing the new IHG Premier Business Card on March 24 (annual fee $99), and all legacy business cards will be migrated to the new card. The new annual fee will not go into effect until 2023 for legacy IHG business cards. Here are the details of new card:

  • Increased ways to earn points through purchases on the card:
    • 10X points when staying with IHG® Hotels & Resorts
    • 5X points on travel and at gas stations, dining/restaurants, social media and search engine advertising and at office supply stores
    • 3X points per $1 spent on all other purchases
  • Automatic IHG® Rewards Platinum Elite status
  • A simplified way to reach the next IHG® Rewards status level – Cardmembers will now earn IHG® Rewards Diamond Elite status after spending $40,000 on purchases and making one additional purchase each calendar year, instead of receiving Elite Qualifying Points (EQPs) on purchases made with the card.
  • Earn 10,000 bonus points and $100 statement credit after spending $20,000 – Cardmembers will now earn both a 10,000 bonus points and a $100 statement credit after spending $20,000 on purchases and making one additional purchase each calendar year, starting in 2022. 
  • Anniversary Free Night – Cardmembers will now earn an Anniversary Free Night certificate on the account anniversary date each year. Anniversary Free Night will be redeemable at IHG® Hotels & Resorts with a current point redemption level of 40,000 points or less, and will have the ability to add points from an IHG® Rewards account to redeem the Anniversary Free Night at hotels above the 40,000 point level.
  • Redeem 3 Nights, Get the 4th Night Free – When redeeming points for a consecutive three-night IHG® hotel stay, Cardmembers can now receive a fourth Reward Night free redeemable at that same hotel during that same stay.
  • Additional Free Night after spending $60,000 each calendar year –  After spending $60,000 on purchases and making one additional purchase each calendar year, Cardmembers will earn a Free Night with a current point redemption level of 40,000 points or less to use at IHG® Hotels & Resorts with the ability to add points from their IHG® Rewards account to redeem the Free Night at hotels above the 40,000 point level.
  • Global Entry or TSA PreCheck® Fee Credit – The primary card holder will now receive a Global Entry or TSA PreCheck® Fee Credit of up to $100 every four years as reimbursement for the application fee charged to the Card.
  • Up to $50 United® TravelBank Cash each calendar year – Cardmembers can use TravelBank Cash on United Airlines purchases after registering their IHG® Rewards Premier card with their United MileagePlus® account.

Disclaimer: I receive part of the commission when you use any of the links in this article to apply for credit cards through yourbestcreditcards.com.

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