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IHG One Rewards Credit Card

IHG One Rewards
Welcome bonus
125,000 points
≈ $750 at 0.6¢ per point
after $2,000 spend in 3 months
Annual fee$0 
Value per point~0.6¢median of 6 published valuations
First-year value*$1,270easy credits counted · $1,270 with none
Year 2+ value*$520each year after the first, after the fee · $520 with no credits
$0 fee vs $120 in stated credits a yearFace value. You’d use $0 by our default → yearly cost after year 1 $0 ↓
Worth ~0.6¢/pt, median of 6 published valuations

Range 0.5–0.69¢. No published value from Bankrate. Checked 2026-10-23. How we use these

See the offer on Chase’s site ↗ Run your own numbers

Data checked by Chris Manns · Last updated October 23, 2026

Source: Chase card page · checked October 23, 2026. *Value uses our sample profile ($31,100/yr spend, no favorite airline or hotel) and the community value of 0.6¢ per point (median of published valuations) — see method.

Credits & perks

Annual fee$0
vs
Stated credits a year$120face value, as Chase states it
Face value isn’t real value. A $25-a-month credit for something you’d never buy is worth $0 to you, and most credits are use-it-or-lose-it by month, quarter or half-year. Tick only what you’d spend on anyway.

Which would you actually use?

Our assumption: the boxes ticked to start are the “easy” credits: broad, flexible or automatic (general travel credits, airline-fee credits on any airline, Global Entry/TSA, anniversary free nights). Niche or single-merchant credits start unticked. Your choices are saved in this browser and also used by the calculator.

Your net cost$0Yearly cost after year 1: annual fee − credits you’ll use ($0)
Year 2+ value*$520each year after the first, after the annual fee, with your ticks
First-year value*$1,270bonus + earning + credits − fee

Counts each ticked credit at 100% of face value. Global Entry/TSA counts as a quarter a year. Free nights use our point values. *At our sample profile; how credits are counted.

Perks with no stated $ value

Lounges, status, bags and similar. We don’t put a number on these unless the issuer does.

  • status Automatic IHG One Rewards Silver Elite status; Gold after $15,000 spend in a calendar year
  • status 5 Elite Night Credits each year
  • other From 2027: fourth reward night free on 4-night award stays after $5,000 spend in a calendar year

Source: Chase card page and benefit terms · checked 2026-10-23.

How it earns

  • 5x IHG only Hotels (booked with the hotel)
  • 3x Dining & takeout, Gas & EV charging, Groceries
  • 2x everything else

Annual bonus points

  • 10,000 bonus points after $15,000 spend each calendar year

Offer details

  • 125,000 points after $2,000 in 3 months
  • Plus 10,000 points after adding an authorized user in the first 3 months

Annual fee $0. Credits from the issuer page are in Credits & perks above.

Questions about the IHG One Rewards Credit Card

What is the IHG One Rewards Credit Card welcome bonus?

125,000 points after $2,000 in 3 months, about $750 at the median published point value, per Chase’s card page checked October 23, 2026.

What is the IHG One Rewards Credit Card annual fee?

$0, as listed on Chase’s page on October 23, 2026.

How much are its points worth?

About 0.6¢ each: the median of 6 published valuations (range 0.5–0.69¢), checked October 23, 2026.

What credits does the IHG One Rewards Credit Card include?

$120 a year in stated credits at face value, across 1 credit. By our default (only easy, flexible credits) you’d use $0, so the yearly cost after year 1 is $0.

Is the IHG One Rewards Credit Card worth it?

It depends on your spending. At our sample profile ($31,100 a year, easy credits only) it comes to $1,270 in the first year and $520 each year after (Year 2+ value, after the annual fee). Enter your own numbers in the calculator.

The math at our sample profile

Sample: Dining & takeout $4,800 · Groceries $7,200 · Gas & EV charging $2,400 · Flights (booked with the airline) $2,000 · Hotels (booked with the hotel) $1,500 · Other travel $1,200 · Everything else $12,000. Credits: our default “easy” ticks.

Welcome bonus: 125,000 points × 0.6¢$750
A year of earning: 76,600 points × 0.6¢$460
Annual bonus points (10,000)$60
Annual fee−$0
First year / Year 2+$1,270 / $520

Use my own spending →

Verify everything on the issuer’s site before applying; offers change and may differ for you. We don’t list APRs: see the issuer’s pricing & terms. TravelCardMath earns nothing from this card today.