Is the IHG One Rewards Premier Credit Card worth $99/yr?
The honest math on the IHG One Rewards Premier Credit Card: which credits you'd actually use, what its points earn beyond a plain 2% card, and what its protections would cost to buy — against the $99 annual fee.
Chase · $99 annual fee · earns IHG One Rewards points
Earning rates
- 10x IHG Hotels & Resorts stays
- 5x Travel
- 5x Hotels booked outside IHG
- 5x Other travel
- 5x Restaurants
- 5x Gas stations
- 3x Everything else
Statement credits (5)
- $100 Credit + 10,000 Points at $20,000 Spend — $100 statement credit plus 10,000 IHG One Rewards bonus points each calendar year you spend $20,000 or more on the card — the points are valued at your selected cents-per-point.
- $10/quarter DoorDash Promo — Up to $10 off eligible non-restaurant DoorDash orders each quarter ($40/year), with DashPass enrollment.
- $10/month Instacart Credit — Up to $10 back each month on Instacart purchases (up to $120/yr), plus a complimentary 3-month Instacart+ membership — benefits end December 31, 2027.
- United TravelBank Cash — $25 United TravelBank cash deposited twice a year (around Jan 5 and Jul 5) — $50/year — after a one-time registration with MileagePlus.
- Global Entry / TSA PreCheck / NEXUS Credit — $120 application-fee credit once every 4 years (~$30/yr).
Certificates (1)
- Anniversary Free Night (up to 40,000 points) — One free night each account anniversary at an eligible IHG property with a redemption level up to 40,000 points.
Protections and perks (12)
- Fourth Reward Night Free — When you redeem points for a stay of four or more consecutive nights at the same IHG property, the fourth night is free.
- DashPass Membership (12 months) — Complimentary DashPass ($0 delivery fees) for at least 12 months, a $120 value, when activated by Dec 31, 2027.
- IHG One Rewards Platinum Elite Status — Automatic Platinum Elite status for as long as you hold the card — a 6x points bonus on IHG stays, 72-hour room-availability guarantee, and space-available late checkout/upgrades.
- Diamond Elite Status after $40,000 Spend — Spend $40,000 on the card in a calendar year and get IHG Diamond Elite status — IHG's top tier — through December 31 of the following year.
- Trip Cancellation / Interruption — Up to $5,000 per covered traveler ($10,000 per trip) for prepaid, non-refundable travel cancelled for covered reasons.
- Travel Accident Insurance — Up to $500,000 in accidental death or dismemberment coverage when the fare is paid with the card.
- Baggage Delay Insurance — Up to $100 a day (up to 3 days) for essentials when bags are delayed over 6 hours.
- Lost Luggage Reimbursement — Up to $3,000 per covered traveler for checked or carry-on bags lost, damaged, or stolen.
- Secondary Rental Car Coverage — Theft and collision coverage on rentals paid with the card — secondary to your personal auto policy in the US.
- Purchase Protection — New purchases covered 120 days against damage or theft, up to $500 per item.
- Extended Warranty — Adds a year to eligible US manufacturer warranties of 3 years or less (maximum 4 years total).
- No Foreign Transaction Fees — No surcharge on purchases abroad.
Card data verified against Chase on 2026-08-21.
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