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Mega 120k IHG Premier welcome offer + $50 statement credit

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As reported by DOC, there is a new best ever offer in town on Chase’s IHG Premier. Personally, I think this is a great card to pick up for the annual night certificate, 4th night free on award bookings, Global Entry refund credit, and IHG Platinum status. With a best ever welcome bonus…you do the math.

The Offer:

  • 80k after $2k spend in 3 months after account opening
  • 40k after another $3k spend in 6 months after account opening
  • $50 statement credit after a single purchase

a woman sitting on a palm tree on a beach

All the same benefits like:

  • A free night after each account anniversary year
    • These are currently valid at properties 40k points and below
  • 4th night free when redeeming points
  • 20% off purchased points
    • Can’t be stacked with points sales tho
  • 10x points at IHG hotels
  • 2x points at gas stations, grocery stores, and restaurants
  • Platinum status at IHG while holding the card
  • Global Entry/TSA Pre fee credit every 4 years ($100)
  • No Foreign Transaction
  • $89 annual fee

5/24

Now almost all Chase cards are limited by 5/24 so if you’re over…unfortunately you’re out of luck.

Is it worth it?

I think its a best ever offer on a card that keeps on giving each and every year you hold it. If you’re at all thinking of picking one up…this is a killer offer. The 40k annual night free combined with a 4th night free on award bookings are two of the biggest reasons this is a long term hold card for me and my family. Every situation is different so make sure you act in your own best interest, but I’m impressed with the offer.

120k would get you two nights at the Intercontinental Sydney

a stuffed animal standing on a ledge overlooking a city

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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Chase Sapphire Preferred® Card


4.8
4.8/5
The Chase Sapphire Preferred® is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based including Hyatt, Southwest, United, IHG, and Marriott.

Welcome Offer

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening

Annual Fee

$95

Points Earned

Transferrable Chase Ultimate Rewards

  • 5x on all travel purchased through Chase Travel℠
  • 3x on dining, including eligible delivery services for takeout & dining out
  • 3x on select streaming services
  • 3x on online grocery purchases
    • (excluding Target, Walmart and wholesale clubs)
  • $50 Annual Chase Travel Hotel Credit via Chase Travel℠
    • The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
  • 2x on all other travel
  • 10% Anniversary Bonus
    • Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
  • Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
  • Points are transferrable to 14 Ultimate Rewards partners
  • Redeem in Chase Travel℠ for 1.25 cents per point
  • No foreign transaction fees
  • Suite of Travel and Purchase Coverage
    • Auto Rental Collision Damage Waiver is my favorite
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
  • $95 Annual Fee

We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.

Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.

Main Cast: 

Cards that earn flexible points and should be used on the bulk of your purchases.

Supporting Cast:

Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on. 

The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.

If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex®  and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners

Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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