New $350 IHG One Rewards Premier Select Card: 200K Bonus Points, Strong Perks
Key Points:
- Chase and IHG have launched a new premium co-branded credit card, the IHG One Rewards Premier Select World Elite Mastercard, with a $350 annual fee targeting frequent IHG hotel guests.
- Key benefits include up to $300 in annual food & beverage credits at IHG properties, a $200 annual airline statement credit valid through 2027, a free night award for properties up to 60,000 points, and automatic IHG Platinum elite status.
- The card offers strong rewards earning rates: 12x points on IHG spending, 6x on dining and travel, and 3x on other purchases, plus elite night credits that help unlock status milestones.
- A launch welcome offer provides 200,000 points after spending $5,000 in the first three months, and eligibility for this bonus is independent of holding other IHG cards.
- The card’s value proposition is compelling for frequent IHG guests, with airline and food credits plus the free night award alone potentially outweighing the annual fee, making it a competitive option in the $300-400 premium card segment.