Chase Launches $350 IHG Premier Select Card With 200K Bonus

<div class="key-facts"><h2>What travelers need to know</h2><ul> <li><strong>What happened:</strong> Chase has launched the IHG One Rewards Premier Select Credit Card, a new $350-annual-fee card that sits above the existing IHG Premier and no-fee IHG cards in its co-branded portfolio with IHG Hotels & Resorts.</li> <li><strong>Who's affected:</strong> Travelers weighing hotel credit cards, particularly frequent IHG guests who stay often enough to use food, airline and free-night credits.</li> <li><strong>Where:</strong> Applies to IHG properties worldwide, including brands like InterContinental, Kimpton and Holiday Inn.</li> <li><strong>What to do:</strong> Compare the new card's $350 fee and credits against the $150 IHG Premier and no-fee IHG cards before applying, since the welcome offer is described as limited-time.</li> </ul></div> <p>Chase has rolled out a new premium card in its IHG One Rewards credit card lineup, the IHG One Rewards Premier Select Credit Card, according to a review from One Mile at a Time. The card carries a $350 annual fee, making it the most expensive of the three IHG-branded personal cards Chase now offers, above the $150-fee Premier card and the no-annual-fee entry-level option.</p> <p>The headline draw is a welcome offer of 200,000 IHG One Rewards bonus points for cardholders who spend $5,000 within the first three months, which the review describes as a limited-time offer. Ongoing earning rates are set at 12x points on IHG purchases, 6x points on dining and other travel spending, and 3x points on everything else.</p> <h2>Automatic Platinum status, a path to Diamond</h2> <p>Cardmembers get IHG One Rewards Platinum status simply by holding the card, and can earn the top-tier Diamond status by spending $25,000 on the card in a year. Chase is also crediting cardholders with 20 elite night credits annually toward status, on top of nights earned from paid stays.</p> <p>Beyond status, the card comes loaded with recurring credits. Cardholders get an anniversary free-night award valid at properties costing up to 60,000 points, along with up to $300 a year in IHG food and beverage credits and up to $200 in annual airline statement credits. There's also up to $50 in annual United TravelBank Cash, and the card charges no foreign transaction fees.</p> <p>One Mile at a Time's review, which gave the card a 4 out of 5 rating, argued the ongoing perks "more than justify the annual fee," pointing to the combination of the free night award, dining credits and airline credits as outweighing the $350 cost for travelers who stay at IHG hotels regularly. The review flagged two drawbacks: the card doesn't include airport lounge access, and the automatic elite status it confers is "not actually being that exciting" on its own compared with what frequent travelers might get through stays alone.</p> <h2>How it stacks up against IHG's other cards</h2> <p>The Premier Select card's position atop Chase's IHG portfolio gives cardholders three tiers to choose from depending on how much they value automatic Diamond-track status and hotel-specific credits versus a lower fee.</p> <table> <tr><th>Card</th><th>Annual Fee</th><th>Included Status</th></tr> <tr><td>IHG One Rewards Premier Select</td><td>$350</td><td>Platinum, with Diamond path at $25,000 spend</td></tr> <tr><td>IHG One Rewards Premier</td><td>$150</td><td>Platinum</td></tr> <tr><td>IHG One Rewards</td><td>$0</td><td>None included automatically</td></tr> </table> <p>For travelers who stay at IHG properties often enough to redeem the food and beverage credits and use the annual free night, the math in the review suggests the $350 fee can be recouped well within a year. Those who travel less frequently, or who prioritize lounge access over hotel-specific perks, may find the $150 Premier card or a general travel card a better fit. Applicants weighing the offer should note the 200,000-point bonus is tied to a limited-time promotional window, meaning the terms could change before a decision is made.</p>