Last updated on September 6th, 2023
The IHG Rewards Premier Business Credit Card is a popular hotel rewards card for businesses that spend heavily on travel. Now Chase is offering one of its best welcome offers ever – 165,000 bonus points after meeting minimum spending requirements – with the offer ending on June 28, 2023 at 11:59 PM ET.
IHG Premier Business Offers Massive 165,000 Bonus Points
More and more businesses are turning towards rewards credit cards to help stretch budgets in an inflation era. Outside of cash back, travel rewards is the most popular card type – and it’s easy to see why. Companies that spend heavily on employee travel can maximize savings through airline and hotel loyalty programs.
IHG One is one such program, catering to those who frequently stay at any dozen-plus brands that make up the InterContinental Hotels Group, including major names like Holiday Inn, Regent, Crowne Plaza, Kimpton, Staybridge, and more. IHG also issues co-branded credit cards with Chase, with the IHG Rewards Premier Business Credit Card being the business version of the card.
IHG One Rewards Premier Business Credit Card
IHG One Rewards Premier Business Credit Card
- 21.49% to 28.49% variable based on creditworthiness and the Prime Rate Regular Purchase APR
- 21.49% to 28.49% variable based on creditworthiness and the Prime Rate Balance Transfer APR
- 29.99% variable based on the Prime Rate Cash Advance APR
At a Glance
The IHG One Rewards Premier Business Credit Card from Chase earns up to 26X points on purchases and features an impressive 140,000 bonus points welcome offer – for a $99 annual fee.
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- Earn 140,000 Bonus Points after spending $3,000 on purchases in the first 3 months from account opening
- Enjoy a Reward Night after each account anniversary year at eligible IHG hotels worldwide. Plus, enjoy a reward night when you redeem points for a consecutive four-night IHG® hotel stay.
- Earn up to 26 total points per $1 spent when you stay at IHG Hotels and Resorts
- Earn 5 points per $1 spent on purchases on travel, at gas stations, select advertising, and restaurants. Earn 3 points per $1 spent on all other purchases
- Automatic Platinum Elite status as long as you remain a Premier Business card member
- Global Entry, TSA PreCheck® or NEXUS Statement Credit of up to $100 every 4 years as reimbursement for the application fee charged to your card
- IHG One Rewards Bonus points are redeemable at hotels such as InterContinental®, Crowne Plaza®, Kimpton®, EVEN® Hotels, Indigo® Hotels & Holiday Inn®
- Member FDIC
- Regular Purchase APR: 21.49% to 28.49% variable based on creditworthiness and the Prime Rate
- Balance Transfer APR: 21.49% to 28.49% variable based on creditworthiness and the Prime Rate
- Balance Transfer Transaction Fee: Either $5 or 5% of the amount of each transfer, whichever is greater
- Cash Advance APR: 29.99% variable based on the Prime Rate
- Cash Advance Transaction Fee: Either $15 or 5% of the amount of each transaction, whichever is greater
- Penalty APR: Up to 29.99% variable based on the Prime Rate
- Annual Fee: $99
- Late Payment Penalty Fee: $40
- Return Payment Penalty Fee: $40
- You own a small business and frequently stay at IHG properties
- You spend heavily on travel purchases or advertising
- You don’t already have TSA PreCheck
- You plan to issue multiple employee cards to maximize rewards
Chase and IHG are offering one of the best-ever welcome offers on the IHG business card. That limited-time bonus, 165,000 bonus IHG points after spending $3,000 on qualifying purchases on their card in the first three months from account opening, is significantly higher than the average welcome bonus, making It an offer tough to turn down.
So, is that welcome offer worth the hassle?
As mentioned, hotel credit cards are ideal for companies that frequently send employees on business trips and want a streamlined way of managing (and financing) those travel costs. So if your employees frequent any of the following brands, the answer is likely “yes:”
|Regent Hotels and Resorts||Even Hotels||Holiday Inn||avid Hotels|
|Intercontinental Hotels & Resorts||Hualuxe Hotels and Resorts||Holiday Inn Express||Staybridge Suites|
|Kimpton Hotels & Restaurants||Crowne Plaza Hotels & Resorts||Holiday Inn Resort||Candlewood Suites|
|Hotel Indigo||voco||Holiday Inn Club Vacations||Six Senses|
Chase’s IHG Rewards Premier Business Card offers an impressive 26X points on IHG stays. That 26X breaks down as 10X points as a cardholder, 10X points for being an IHG® Rewards member, and 6X points for the card’s Platinum Elite Status. Hotel points are typically less-valuable than airline miles, but that 26X is still equivalent to approximately 2 cents per point – very impressive!
Other IHG perks include a reward night after each account anniversary, IHG’s fourth night free after redeeming three nights offer, Platinum Elite status, 20% more value on rewards points, and no foreign transaction fees.
Cardholders also earn 5X on travel, dining, select business purchases, gas station purchases, and 3X on all other purchases. While those point values are significantly lower than the IHG stays category, it still provides some value to employees with company cars or other travel-related expenses.
So, what if your employees don’t stay at IHG brands? There are a variety of other business hotel cards, including offers from Marriott, Hilton, Hyatt, and Wyndham. But if your company doesn’t want to be tied down to a particular program or brand, there are proprietary rewards cards from Chase, American Express, and others. Perhaps the two most famous options there are the Business Platinum Card from Amex and Chase’s Ink line of business cards.
The Platinum Card is a travel juggernaut, providing everything your employees need – but it comes at a heavy price point – $695 each year. On the other hand, the Ink Cards feature no annual fee, although the best earning rate on those cards is the 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable, and phone services each account anniversary year, with the Ink Business Cash®.
Related Article: Top Business Credit Cards with Airport Lounge Access
Non-Conventional Business Cards an Increasingly Enticing Proposition
The Chase business card line-up is exceptionally robust – as are Amex’s offerings. These banks provide airline, hotel, and cash back rewards in most popular categories. But what if your company needs a more flexible option – not just with rewards but also capital? What type of cards should businesses look out for if they want flexible rewards without an annual fee?
Fortunately, an ever-increasing number of business credit solutions are designed to work with brands of all sizes. These issuers, including names like Brex, Ramp, and BILL Divvy Corporate Card, provide access to complex expense management software, scalable credit lines (based on growing cash reserves, not a credit score), and more flexible rewards.
Related Article: Top Business Cards You’ve Never Heard Of