[Expired] Choose Your IHG Premier Card Welcome Offer: 5 Free Nights or 140,000 Points

Right now, the IHG One Rewards Premier Credit Card has 2 separate bonus offers that new cardmembers can apply for: one that can earn you 140,000 points and another that can earn you 5 free night awards.

Here’s what you need to know about the card to determine whether its right for you, and which offer you should choose.

Elevated Welcome Bonus Offers on IHG Premier Card

Here are the 2 welcome bonus offers you can choose from.

The current public welcome offer on the IHG Premier card is: Earn 180,000 Bonus Points after spending $3,000 on purchases in the first 3 months from account opening. We value this welcome offer at $900.

Alternatively, Chase is offering a targeted offer when you apply for the IHG Premier card through this landing page, letting you earn earn 5 free night valued at up to 200,000 points (each night valued at up to 40,000 points) after spending $4,000 in the first 3 months. Plus, earn 10,000 bonus points after you add an authorized user to your account in the first 3 months from account opening.

Which offer should you choose? That depends on your redemption plans.

The offer for 5 free night awards has a large total redemption possibility: up to 200,000 points against 140,000 points on the standard points offer. However, you need to keep in mind that free night awards aren’t as flexible as points, as you can only redeem them at properties costing up to 40,000 points per night, though you can apply additional points on top if you want to stay at a more expensive property.

And this offer is only worth 5 nights, no matter how you use the awards. Conversely, a batch of points could be redeemed for more nights than that at inexpensive hotels — or fewer nights when staying at luxury properties.

Additionally, free night awards expire 1 year after they are issued, and points do not, meaning the redemption window starts ticking as soon as the award night certificates deposited in your account. Lastly, you get your fourth night free on points redemption but not when you are redeeming free night awards. That’s worth keeping in mind.

Additional Benefits of the IHG Premier Card

The welcome bonus offers are excellent, but there’s more to appreciate than simply the initial offers. The IHG Premier card offers the following:

• Automatic Platinum Elite status
• Up to 26x points at IHG properties when counting the points from the card and the elite status provided by the card
• 5x points on travel, dining, and at gas stations, plus 3x points on other purchases
• Move up to Diamond Elite status by spending $40,000 on the card in a calendar year
• Receive a $100 statement credit and 10,000 bonus points if you spend $20,000 on the card in a calendar year
• Earn another free night award (worth up to 40,000 points) after paying the annual fee to keep the card for another year.
• Statement credit of up to $100 ($120 starting 10/1/24) every 4 years to reimburse the application fee for Global Entry, TSA PreCheck, or NEXUS
• $50 in United TravelBank credit each year, receive as $25 in each half of the year
• Insurance protections like trip cancellation/interruption insurance, lost luggage reimbursement, and baggage delay insurance
• $150 annual fee

In almost all cases, the IHG Premier card easily makes up the annual fee with the long list of benefits it offers.

Final Thoughts

These offers are both great, and it’s rare to be able to choose between 2 different welcome offers on the same credit card.

Whichever you choose, you’re adding a great hotel rewards card to your wallet, and you get a high-value bonus to boot, so you can’t go wrong.