Review: (Chase) IHG Rewards Club Select Credit Card

This is arguably one of the best hotel cards you can get. Your initial spending bonus will be modest, and your earning potential will be modest. But for your paid annual fee of $49 (also modest), every year after your first, you will get a free night at any IHG property in the world. This includes InterContinental Resort & Spa Moorea, The Willard InterContinental in Washington D.C., InterContinental Paris Le Grand, InterContinental London Park Lane, and InterContinental Tokyo The Strings. In tandem with another IHG card, you and your partner got yourself a special getaway weekend, every year, for $98. Boom. But let’s take a deeper dive, shall we?

(Chase) IHG Rewards Club Select Credit Card

(Chase) IHG Rewards Club Select Credit Card. Image Credit: courtesy of Chase and IHG.

Benefits:

  • 60,000 point bonus after spend of $1,000 in 3 months (current offer)
  • 60,000 point bonus + 5,000 point bonus for adding an authorized user + $50 statement credit (this is the link above, courtesy of uscreditcardguide)
  • Up to 80,000 point bonus + 5,000 for authorized user (previous offer)
  • Earn 5x IHG Rewards Club points (per dollar spent) at all IHG hotels
  • Earn 2x points at gas stations, grocery stores and restaurants
  • Earn 1x points for all other purchases
  • Free Night at any IHG hotel every year after first (award expires in 1 year)
  • No foreign transaction fees
  • Not affected by Chase’s 5/24 Policy
  • IHG Platinum Elite benefits
  • World MasterCard benefits

Damage:

  • $49 annual fee, waived in first year
  • 16.49% to 23.49% APR variable, based upon your creditworthiness

Analysis: 

As you can see by the card’s spending potential, this is more of a  sock drawer card, only to be used in specific situations (like staying at an IHG hotel). You might get it for the initial spending bonus, but keep it because of the free award night. As I mentioned previously, for the price of your annual fees ($49 x 2), two cards can become like a  makeshift timeshare. Every year, enjoy far off exotic places, or a weekend staycation at Waikiki or Kailua-Kona.

IHG Platinum Elite benefits are just okay. Along with a 50% point bonus at IHG properties, you may get a complimentary room upgrade (but don’t expect anything fancy). The hotel chain, which includes Holiday Inn, Staybridge, InterContinental, Kimpton, and other brands, does not release an award chart. Which is a pain. Redemptions, however, will be somewhere between 10,000 and 60,000 points a night. IHG also runs a number of promotions and ways to earn or spend points, including their PointBreaks promotion, where select properties are only 5,000 points a night. Find a PointBreaks participating hotel you want to stay at, and your 60,000 spending bonus can go far (12 nights!). Note: Kimpton Hotels does not currently participate in IHG Rewards Club.

So what do you think? See the world for $98 a year? Could be worse ways to spend your money (like buying into an actual timeshare).

Questions, Comments or Criticisms?