Chase Ihg One Rewards Premier Review 2026
Ihg One Rewards Premier is worth comparing if the rewards, welcome offer, annual fee, APR, and approval fit match how you actually spend.
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Your card estimate
Net first-year value
First year
+$150
Rewards + bonus - fee - interest drag
Ongoing year
+$150
Excludes one-time welcome offer
SwitchWize take
Rewards credit card
Bonus value
See terms
Everyday rewards
1x points
Up to 10x in some categories
Annual fee
$150
APR
19.49% to 27.99%
Quick summary
What this card is, in plain words
Ihg One Rewards Premier has a $150 annual fee and a variable purchase APR of 19.49% to 27.99%. It earns 1x points on everything else, and more on 4 categories (the highest is 10x points on ihg hotels and resorts). It charges no foreign transaction fee.
What to consider
- The $150 annual fee is charged every year, so the rewards have to be worth more than that.
- The APR is 19.49% to 27.99% and it can change. Interest on a carried balance is usually larger than the rewards.
Pros & cons
No standout advantages in the data we track.
- Annual fee: $150
Derived from the current rate, fees, and terms we track for this product. Confirm the latest details on the provider’s site.
Card truth label
Terms that decide whether this card fits
Fees
What this card can cost you
- Annual fee
- $150
- Foreign transaction fee
- None
- Balance transfer fee
- Greater of $5 or 5% of each transfer
- Cash advance fee
- Greater of $10 or 5% of each advance
- Late payment fee
- Up to $40
- Authorized user fee
- Not verified yet
Earning rates
What you earn, by purchase type
Ihg hotels and resorts
10x points
Gas
5x points
Dining
5x points
Travel
5x points
Everything else
1x points
Fee Reality
What the credits on this card are actually worth
This card advertises $489 in annual credits. We scored how hard each credit is to use: signing up, how often it resets, which stores it works at, and how you redeem it. We estimate a typical cardholder realizes about $191 (39%) of that value against a $99 annual fee.
Estimated credits exceed the fee by $92/yr
Our verdict: worth keeping — realized value covers the fee.
Confidence grade C — an estimate from our scoring model, not a survey. See how we worked this out.
Points value
What IHG One Rewards points are actually worth
This card earns One Rewards points, currently valued at 0.55¢/point based on a sourced editorial estimate — not a marketed "up to" number.
Marketed value. See the full IHG One Rewards program page or the full valuation methodology.
Reality Score
What this card is really worth, by spend profile
Reality Score compares this card's advertised first-year value against what our model estimates a typical cardholder actually realizes in rewards and credits, net of the annual fee — not a marketing score.
High, diversified spender
A percentage would mislead here: the dollar amount is the number to read.
Frequent traveler
A percentage would mislead here: the dollar amount is the number to read.
Typical everyday spender
A percentage would mislead here: the dollar amount is the number to read.
Light everyday spender
Advertised $489/yr
Point value uses a marketed/editorial estimate — no observed or sourced redemption data exists for this program yet.
Reality Score is currently scored for a subset of cards, not the full catalog. See the Reality Score methodology for how this is calculated across spend profiles.
Benefits and protections
Each item below was checked against the issuer's own published terms. Coverage limits and exclusions apply, so confirm them with the issuer.
Protections
- Baggage Delay Insurance (per trip)
- Lost Luggage Reimbursement (per trip)
- Purchase Protection
- Trip Cancellation and Interruption Insurance (per trip)
Perks and credits
- $100 Statement Credit (calendar year)
- Additional Elite Night Credits at $15,000 Spend (calendar year)
- Airline Statement Credit (annual)
- Annual Elite Night Credits on Account Opening (annual)
- Annual Food and Beverage Rewards at IHG Hotels (annual)
- Automatic Platinum Elite Status (cardmember year)
- Bonus Points at $15,000 Annual Spend (calendar year)
- Bonus Points at Annual Spending Threshold (annual)
- Complimentary DashPass (annual)
- Complimentary DashPass Membership (one time)
- Diamond Elite Status at $40,000 Annual Spend (calendar year)
- Diamond Elite Status at Annual Spending Threshold (calendar year)
- DoorDash Non-Restaurant Promo (annual)
- DoorDash Non-Restaurant Promo Credits (calendar year)
- DoorDash Non-Restaurant Promotional Discount (calendar year)
- DoorDash Quarterly Discount (quarterly)
- Elite Night Credits for $15,000 Annual Spend (annual)
- Elite Night Credits on Spending
- Global Entry, TSA PreCheck, or NEXUS Fee Credit
- Instacart Credits (calendar year)
- Platinum Elite Status at $15,000 Annual Spend (calendar year)
- Platinum Elite Status at Annual Spending Threshold (calendar year)
- Points Purchase Discount
- Redeem 3 Nights, Get 4th Night Free (per stay)
- United Airlines TravelBank Cash (annual)
Offer history
How today's bonus compares
Current public welcome offer
180,000 points
Observed Nov 13, 2026
12-month best
See terms
1 tracked observation
Signal
At or near tracked best
Last history update Nov 13, 2026
Terms history
Has the fee or APR changed?
Since tracking began (Jun 21, 2026), annual fee increased from $99 to $150; APR range moved from 19.99%–28.99% to 19.49%–27.99%. Tracked since Jun 21, 2026 across 29 tracked readings — not a signal to act by any deadline, just context on whether today's terms match what was first tracked.
Full change history (4 changes tracked) →
- Oct 11, 2026 — APR range moved from 19.49%–29.99% to 19.49%–27.99%.
- Oct 4, 2026 — annual fee increased from $99 to $150; APR range moved from 19.24%–27.99% to 19.49%–29.99%.
- Sep 27, 2026 — APR range moved from 19.24%–29.99% to 19.24%–27.99%.
- Jul 10, 2026 — APR range moved from 19.99%–28.99% to 19.24%–29.99%.
Best for
- People whose spending matches the rewards structure
- Applicants who can use the welcome offer responsibly
- Cardholders who pay in full
- People comparing net first-year value
Not for
- Carrying a balance long term
- Applying only for a bonus without a payoff plan
- Spending more to earn rewards
- Anyone who cannot meet issuer approval requirements
Decision checks
Apply only if these checks pass
$150 annual fee
19.49%-27.99% variable
Verify spend requirement
Chase terms control approval, pricing, and rewards
How you earn
Caps, exclusions, merchant coding, and redemption values can change the real return. Verify issuer terms before applying.
If you carry a balance, compare payoff cost before rewards. Interest can erase rewards quickly.
The $150 annual fee needs to be offset by rewards, credits, or travel value.
Comparison set
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Before you apply
Application rules and credit check
- Who can get the welcome bonus
This product is available to you if you do not have any personal IHG One Rewards Credit Cards and have not received a new Cardmember bonus within the last 24 months.
SourceThis credit card is not available to either (i) current cardmembers of any personal IHG One Rewards Credit Card, or (ii) previous cardmembers of any personal IHG One Rewards Credit Card who received a new cardmember bonus for any personal IHG One Rewards Credit Card within the last 24 months.
Source- How many cards you can open
- Not published by the issuer on its card page.
- Credit check when you apply
- Not published by the issuer on its card page.
These are the issuer’s own words. Informal rules reported by cardholders, such as "5/24", are not shown because the issuer has not published them. Checked Nov 13, 2026.
Questions
Common questions
What is the annual fee for the Ihg One Rewards Premier?
The Ihg One Rewards Premier has a $150 annual fee, according to Chase's page checked Nov 13, 2026.
Does the Ihg One Rewards Premier charge foreign transaction fees?
No. Chase lists no foreign transaction fee for the Ihg One Rewards Premier.
How do I earn rewards with the Ihg One Rewards Premier?
10x points on ihg hotels and resorts; 5x points on gas; 5x points on dining; 5x points on travel; 1x points on everything else.
What is the APR on the Ihg One Rewards Premier?
The purchase APR is 19.49% to 27.99%, and it is variable. Your rate depends on your credit.
Sources
Where these figures come from
Fees and APR, Earning rates, Benefits and protections
https://creditcards.chase.com/travel-credit-cards/ihg-rewards-club/premier · checked Nov 13, 2026
Earning rates
https://creditcards.chase.com/ · checked Jun 21, 2026
We could not verify the authorized user fee for this card yet, so we do not show a figure.
Bottom line
Is Ihg One Rewards Premier worth it?
Ihg One Rewards Premier is worth comparing if the rewards, welcome offer, annual fee, APR, and approval fit match how you actually spend.
Worth it if: People whose spending matches the rewards structure
Skip it if: Carrying a balance long term