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IHG One Rewards Premier Credit Card

IHG One Rewards

Welcome bonus

180,000 points

≈ $1,080 at 0.6¢ per point

after $3,000 spend in 3 months

Annual fee$150

Value per point~0.6¢median of 6 published valuations

First-year value*$1,907easy credits counted · $1,777 with none

Year 2+ value*$1,127each year after the first, after the fee · $697 with no credits

$150 fee vs $300 + 1 free night in stated credits a yearFace value. You’d use $430 by our default → yearly cost after year 1 −$280 ↓

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 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$150

Stated credits a year$300face value, as Chase states it · plus 1 free night

+ 1 free-night certificate (no $ value stated by the issuer)

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 50,000 points)1 night ≈ $300our value: 50,000 pts cap × median ¢one certificate each year after your card anniversary · Automatic; can be topped up with points.easy from year 2 free night
Airline statement credit$100/yr$100 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; monthly credit does not roll over. Benefit ends 12/31/2027.niche ends 2027-12-31 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−$280Yearly cost after year 1: annual fee − credits you’ll use ($430)

Year 2+ value*$1,127each year after the first, after the annual fee, with your ticks

First-year value*$1,907bonus + 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 Gold Elite status
status 15 Elite Night Credits each year
other Fourth reward night free on 4-night award stays

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

How it earns

10x IHG only Hotels (booked with the hotel)
5x Flights (booked with the airline), Dining & takeout, Groceries, Gas & EV charging
3x everything else

5x also on car rentals. A 5x-on-travel promo runs through 12/31/2026 (not modeled).

Annual bonus points

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

Offer details

180,000 points after $3,000 in 3 months
Plus 10,000 points after adding an authorized user in the first 3 months

Annual fee $150. Credits from the issuer page are in Credits & perks above.

Questions about the IHG One Rewards Premier

What is the IHG One Rewards Premier welcome bonus?

180,000 points after $3,000 in 3 months, about $1,080 at the median published point value, per Chase’s card page checked October 23, 2026.

What is the IHG One Rewards Premier annual fee?

$150 a year, 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 Premier include?

$300 a year in stated credits at face value plus 1 free-night certificate, across 5 credits. By our default (only easy, flexible credits) you’d use $430, so the yearly cost after year 1 is −$280.

Is the IHG One Rewards Premier worth it?

It depends on your spending. At our sample profile ($31,100 a year, easy credits only) it comes to $1,907 in the first year and $1,127 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: 180,000 points × 0.6¢	$1,080
A year of earning: 126,100 points × 0.6¢	$757
Annual bonus points (15,000)	$90
Anniversary Free Night (up to 50,000 points) from year 2	$300
Airline statement credit	$100
Global Entry / TSA PreCheck / NEXUS application fee credit ($120 ÷ 4 yrs)	$30
Annual fee	−$150
First year / Year 2+	$1,907 / $1,127

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.