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IHG One Rewards Premier Select Credit Card

IHG One Rewards

Welcome bonus

200,000 points

≈ $1,200 at 0.6¢ per point

after $5,000 spend in 3 months

Annual fee$350

Value per point~0.6¢median of 6 published valuations

First-year value*$1,931easy credits counted · $1,701 with none

Year 2+ value*$1,091each year after the first, after the fee · $501 with no credits

$350 fee vs $820 + 2 free nights in stated credits a yearFace value. You’d use $590 by our default → yearly cost after year 1 −$240 ↓

Worth ~0.6¢/pt, median of 6 published valuations

AwardWallet 0.69¢
The Points Guy 0.6¢
NerdWallet 0.6¢
Frequent Miler (RRV) 0.59¢
Upgraded Points 0.5¢
One Mile at a Time 0.5¢

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 29, 2026

Source: Chase card page · checked October 29, 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$350

Stated credits a year$820face value, as Chase states it · plus 2 free nights

+ 2 free-night certificates (no $ value stated by the issuer)
+ $120 one-time, first year only

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.

Anniversary Free Night (up to 60,000 points)1 night ≈ $360our value: 60,000 pts cap × median ¢one certificate each year after your card anniversary · Automatic; can be topped up with points. Use within 12 months.easy from year 2 free night
Free Night after $40,000 spend (up to 60,000 points)1 night ≈ $360our value: 60,000 pts cap × median ¢once per calendar year · Needs $40,000 in purchases in the calendar year.easy needs $40,000/yr spend free night
IHG Food & Beverage Rewards$300/yrone voucher of up to $75 each calendar quarter · Food and beverage charged to your room bill at participating IHG hotels; primary cardmember only.niche co-brand
Airline statement credit$200/yr$200 once per calendar year after $250 on flights · Flights bought directly from the airline. Through 12/31/2027.easy ends 2027-12-31 airline
United TravelBank cash$50/yr$25 Jan–Jun + $25 Jul–Dec · Register the card with your MileagePlus account; for United flights.niche airline
Instacart credits$120/yr$10/mo · Purchases made directly through Instacart with the card; needs an active Instacart+ membership (3 months complimentary). Benefits end 12/31/2027.niche ends 2027-12-31 delivery
DoorDash non-restaurant promo$120/yrup to $10 off monthly · Groceries, essentials and more on DoorDash while enrolled in the Chase DashPass membership (signed up on or after 9/1/2026). Through 12/31/2027.niche ends 2027-12-31 delivery
Complimentary DashPass membership$120 onceone year (Chase states “$120 Value”) · Activate by 12/31/2027; then renews at the current monthly rate.niche year 1 only delivery
Global Entry / TSA PreCheck / NEXUS application fee credit$120 every 4 yrs ≈ $30/yrup to $120 once every 4 years · Pay the application fee with the card; one credit every 4 years.easy airport

Your net cost−$240Yearly cost after year 1: annual fee − credits you’ll use ($590)

Year 2+ value*$1,091each year after the first, after the annual fee, with your ticks

First-year value*$1,931bonus + 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 Platinum Elite status; Diamond Elite after $25,000 spend in a calendar year
status 20 Elite Night Credits each year, plus 2 per $5,000 spent and 5 more after $15,000 spend in a calendar year
other Fourth reward night free on 4-night award stays
other 30% off IHG One Rewards point purchases

Source: Chase card page and benefit terms · checked 2026-10-29.

How it earns

12x IHG only Hotels (booked with the hotel)
6x Dining & takeout, Flights (booked with the airline), Hotels (booked with the hotel), Other travel, Travel booked on the card’s own travel site
3x everything else

12x at IHG Hotels & Resorts; 6x on dining and all other travel, including rideshare; 3x on everything else.
Chase calls the 200,000-point bonus a launch offer (no end date stated). Added 2026-10-26.

Annual bonus points

20,000 bonus points after $15,000 spend each calendar year

Offer details

200,000 points after $5,000 in 3 months
Plus 10,000 points after adding an authorized user in the first 3 months

Annual fee $350. Credits from the issuer page are in Credits & perks above.

Questions about the IHG One Rewards Premier Select

What is the IHG One Rewards Premier Select welcome bonus?

200,000 points after $5,000 in 3 months, about $1,200 at the median published point value, per Chase’s card page checked October 29, 2026.

What is the IHG One Rewards Premier Select annual fee?

$350 a year, as listed on Chase’s page on October 29, 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 Premier Select include?

$820 a year in stated credits at face value plus 2 free-night certificates, across 9 credits. By our default (only easy, flexible credits) you’d use $590, so the yearly cost after year 1 is −$240.

Is the IHG One Rewards Premier Select worth it?

It depends on your spending. At our sample profile ($31,100 a year, easy credits only) it comes to $1,931 in the first year and $1,091 each year after (Year 2+ value, after the annual fee). Enter your own numbers in the calculator.

Data notes:

Launch offer; Chase states no end date.

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: 200,000 points × 0.6¢	$1,200
A year of earning: 121,800 points × 0.6¢	$731
Annual bonus points (20,000)	$120
Anniversary Free Night (up to 60,000 points) from year 2	$360
Airline statement credit	$200
Global Entry / TSA PreCheck / NEXUS application fee credit ($120 ÷ 4 yrs)	$30
Annual fee	−$350
First year / Year 2+	$1,931 / $1,091

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.