Credit Cards

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

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

 Affiliate link via Card Ratings

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. 

Welcome Offer

60k Points after $4k spend in 3 months

Annual Fee

$95

Points Earned

Transferrable Chase Ultimate Rewards

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.

  • 3x on dining
    •  including eligible delivery services for takeout
  • 3x on select streaming services
  • 3x on online grocery purchases
    • (excluding Target, Walmart and wholesale clubs)
  • 5x on all travel purchased through Chase Ultimate Rewards – Chase Travel Portal
  • $50 Annual Credit on hotel stays purchased via Ultimate Rewards/Chase Travel
    • The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
  • 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 Portal and the slew of other benefits remain in tact including primary rental car insurance, purchase protections, etc.
  • Points are transferrable to 13 Ultimate Rewards partners
  • Redeem in the Chase Travel center for 1.25 cents per point
  • No foreign transaction fees
  • Suite of Travel and Purchase Coverage
    • Primary rental car coverage is my favorite

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. 

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