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The New IHG Rewards Premier Business Mastercard drops 140k offer
IHG just overhauled their credit card portfolio adding new benefits to their personal cards, and unveiling the IHG Rewards Premier Business Mastercard. IHG Rewards has certainly piqued my interest with their commitment to improve the program this year, and if their credit cards are any sign of what’s to come… it’s look good.
I already have 2 IHG Rewards personal cards: The IHG Rewards Premier and the now retired IHG Rewards Select. I keep them for whenever I stay at IHG properties, but they also give me a free night every single year on my cardmember anniversary date, valued at up to 40k points. This alone recoups my annual fees, but IHG has improved those nights by allowing members to add points to them to stay at properties pricing about 40k.
If you’re a business or sole proprietor and you’re looking to gain exposure to the IHG Rewards portfolio, I think this is a really compelling card for you. Without even considering the welcome offer, you can easily recoup the $99 annual fee via these two benefits:
- 4th night free on award bookings
- free night on account anniversary.
Let’s dig into the other benefits, but this is a card that I plan to add to my wallet.
I used the 4th night free benefit at the Six Senses Maldives for my honeymoon
IHG Rewards Premier Business Mastercard Benefits and Offer
- 140k bonus points after spending $3k in the first 3 months of account opening
- A free night after each account anniversary year
- These are currently valid at properties 40k points and below
- You can now add points to these nights should you want to stay at a pricier property
- Spend $60k on the card + 1 purchase and get another anniversary night
- 4th night free when redeeming points
- 10x at IHG Hotels & Resorts worldwide ( this is on top of the bonus you get as a IHG Rewards member )
- gas stations
- social media and search engine advertising
- office supply stores
- 3x everywhere else
- Spend your way to Diamond with $40k in annual purchases
- Get a 10k bonus points and $100 statement credit when you spend $20k + one additional purchase in a year
- $50 United Travel Bank credit
- 20% off purchased points
- Can’t be stacked with points sales tho
- Global Entry or TSA PreCheck® Fee Credit –
- The primary cardholder receives 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
- Platinum status at IHG while holding the card
- No Foreign Transaction
- $99 annual fee
140k bonus points is very competitive
This card just dropped so this is the highest we’ve ever seen.
A free night issued after your cardmember anniversary date
Every year, on your anniversary date, you’ll be issued a free night certificate valid on award stays 40k or less. However… IHG now allows you to add points to that free night award to make the difference if you want to stay at a property that was more expensive than 40k points.
For instance, if you wanted to stay at the new Kimpton Seafire in April you’d be looking at 70k for a single night vs $1234 cash. Ouch. Prior to the update, you couldn’t use your free night here, but now you could just add 30k points and redeem.
But I don’t have a small business, Miles. You may, and not know it… Keep reading.
Chase is very friendly to entrepreneurs and small business owners. In fact, if you haven’t been in business for long, or you haven’t established yourself with an EIN, you can still apply as a Sole Proprietor ( fill in your SSN ). If you run a small side business (think bloggers, ebay sellers, tutors, consultants, etc) and want a card to segregate your business income from your personal income at tax time…this is a great opportunity to earn a load of points and help yourself out.
If you’re like me and already have the now retired IHG Rewards Select…you’ll save even more by stacking.
Let’s take my honeymoon for example.
With the IHG Rewards Premier Business card we’re talking about 300k for a 4 night stay ( 4th night at 100k isn’t charged).
The now retired, IHG Rewards Select offers a 10% discount ( up to 100k points per year ) on IHG redemptions. That means I’d get another 30k points back, reducing the 4 night stay to just 270k points. Unreal!
Power up your status with with Intercontinental Ambassador
Intercontinental Ambassador is a membership program that you buy for $200 a year or 40k points. It comes with several benefits for members – the biggest are listed below.
But…there some really cool things that stack with Six Senses in particular. Since I mentioned Six Senses above – I figured it was worth pointing a couple out. These are valid on point bookings as well
- Free breakfast ( very valuable at Six Senses )
- Signature Amenity ( like a 50 min massage for two )
- Room upgrade
- Wellness platter
Is it restricted by 5/24?
All Chase cards are now restricted by 5/24
Do you have this card?
Not yet, but I plan on adding it to my wallet. I picked the IHG Premier up during 2021 and hold it concurrently with the now retired IHG Rewards Select
There are two big reasons I think this card makes sense for people
- 4th night free benefit
- Annual Free Night at 40k and under properties
These two alone easily recoup the $99 fee and then some.
Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers.
A Monkey Miles favorite for beginners and point pros alike – a staple of our wallet that earns Premium transferrable Ultimate Rewards. $95 annual fee
♥ Earn 60k Bonus Points after $4k Spend in 3 months
♥Points are transferrable to over dozen partners, or redeemable for 1.25c in Chase travel
♥5x on travel purchased via Chase Travel and 2x everywhere else
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♥3x on select streaming
♥ 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs
♥ $50 Annual Credit on hotel stays purchased via Ultimate Rewards. *New cardmembers can get this credit immediately – existing cardmembers get it after anniversary
♥ 10% Anniversary Point Bonus. Spend $10k in a year, get 1k bonus points.