Want to earn 120K points? It’s time to try the IHG Rewards Club Premier Credit card. But, you do have to act very quickly if you want to take advantage of this deal, since it is ending on May 1.
There are some terrific perks, including an annual free night, automatic guarantee of platinum status, and you can even earn a 4th night for free when you use certain redemptions.
This card has always been great, but it is currently running an extra-special bonus offer that raises the sign on bonus to 120K points. You will get 80K points for spending $2K in the first three months, then another 40K points after you spend a total of $5K in the first six months of having the card.
Experts generally agree that 120K IHG points are worth $600. When you spend enough to earn the entire 120K points, you will have earned at least 125K points.
Before the current offer came around, the bonus was 80K points after spending $2K in the first 3 months, and that was it. Still a great bonus, but no comparison to the 120K current offer.
IHG is not known as the top luxury property company, but there are plenty of upscale options where you can redeem your points. There are also plenty of ways to exchange your points using Point Breaks properties, which start at only 5K points per night.
The IHG Rewards Club Premier card does have an annual fee of $89, but there are no foreign transaction fees, making it an excellent option when traveling. You will earn a free night on your anniversary, which you can use for any property costing 40K or less points per night.
By earning the Platinum Elite status, you will be eligible for more bonus points, certain upgrades, and more. You’ll get a 4th free night when redeeming points. You can also use the card for Global Entry or TSA Precheck application fee reimbursement (a value of up to $100 every 4 years).
Spend $20K on additional purchases and earn an additional 10K in bonus points each year (a value of $60).
Because you earn 10x points for all IHG purchases, 2x points on gas, groceries, and dining, and 1x points for everything else, you can build up a lot of points by traveling with IHG. With that 10x bonus level, you can get about a 6% return from this card.
If you have any plans to stay with IHG in the near future, this could be the perfect time to act on applying for this card and locking in your huge bonus offer of 120K points.