New IHG Premier Select card: 200,000

Key Points:

• Chase and IHG One Rewards have launched the new IHG One Rewards Premier Select Credit Card, a premium card targeting frequent IHG guests, with a $350 annual fee and a limited-time welcome offer of 200,000 bonus points after spending $5,000 in the first three months.
• The card offers up to $300 in annual food and beverage rewards, an anniversary free night certificate for stays up to 60,000 points, automatic Platinum Elite status, 20 elite night credits annually, and the IHG fourth reward night free benefit.
• Cardmembers earn 12 points per dollar on IHG stays (plus up to 16 additional points as Platinum Elite members), 6 points per dollar on dining and travel, and 3 points per dollar on other purchases, with opportunities to earn additional elite night credits and Diamond Elite status through spending milestones.
• Additional travel perks include a $200 annual airline statement credit, up to $120 credit for Global Entry/TSA PreCheck fees every four years, United TravelBank credits, complimentary Instacart+ and DashPass memberships, no foreign transaction fees, and World Elite Mastercard benefits.
• The card is best suited for frequent IHG guests who can fully utilize the quarterly food and beverage rewards and anniversary free night, with the 20 elite night credits providing a valuable head start toward higher elite status; it may be less beneficial for occasional IHG users or those who cannot maximize these perks.