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I have had a Chase IHG Rewards Select for years, and even though I carry the far superior, Chase IHG Rewards Premier, I won’t let go of this card. Why? One simple reason. The IHG Rewards Club Select offers a 10% refund on award stays as a benefit. It’s capped at 100k points a year ( that’s 1M points redeemed! ).
I recently got back from my honeymoon where I spent 5 glorious nights at the Six Senses Maldives.
It costs 100k points a night and because I have the IHG Rewards Premier I got a 4th night free. That knocked the cost down to 400k points for 5 nights.
That means I spent 360k points for a 5 night stay, or 72k points per night. Considering IHG often sells their points for 1/2 a penny per point, the out of pocket cost for the stay would have been $1800. Not bad for a room that ordinarily costs over $5k. The best deal is doing in blocks of 4 nights…which would have been just 270k points, or $1350, for a $4k stay. This is an extreme example, but
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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
♥3x on dining, including eligible delivery services, takeout and dining out
♥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.