Chase
IHG One Rewards Premier Business Credit Card
Key Features
| Annual Fee | $99.00 |
| Sign-up Bonus | 150,000 Bonus Points |
| Rewards Rate | Up to 26X Points |
| Regular APR | 19.24Min. of (6.75+12.49) and 29.99%–27.74Min. of (6.75+20.99) and 29.99% variable APR. |
| Network | Mastercard |
About this card
The IHG One Rewards Premier Business Credit Card earns an overall rating of 4.1, placing it firmly in the 'Excellent' category. This card truly shines for its specific target audience: business owners who are loyal to IHG Hotels & Resorts and consistently pay their credit card balance in full. Its value proposition for this niche is outstanding, primarily driven by an exceptional Rewards Rating (4.8/5.0). The card offers industry-leading earning rates of up to 26X points on IHG stays, a generous sign-up bonus, and highly valuable ongoing benefits such as an Anniversary Free Night (up to 40,000 points, which can be topped up), automatic Platinum Elite status, a 'Redeem 3 Nights, Get 4th Night Free' perk, and various statement credits for Global Entry/TSA PreCheck, Instacart, and DashPass. These robust benefits significantly outweigh the card's moderate $99 annual fee, contributing to its excellent Fees Rating (4.3/5.0), which is further boosted by the absence of foreign transaction fees. The card also benefits from a strong reputation, backed by Chase as an issuer and consistently positive reviews from financial experts and satisfied users within the IHG ecosystem. However, the card has one notable and severe drawback: a very high regular APR (1.5/5.0) ranging from 19.24% to 27.74%, with no introductory APR period. This makes carrying a balance on this card extremely expensive and severely diminishes its value for cardholders who cannot pay their statement in full each month. For the financially disciplined business traveler who maximizes IHG benefits and avoids interest charges, the unparalleled rewards and perks within the IHG ecosystem make this an excellent, top-tier co-branded business travel credit card. The rating reflects its exceptional value for its intended, responsible user, despite the significant APR weakness.
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate
- Automatic elite status
- No foreign transaction fees
- Valuable hotel and travel perks
- Dining and grocery delivery benefits
Things to consider
- Annual fee
- No intro APR period
- High regular APR
What this card offers
Sign-up bonuses
- Earn 140,000 Bonus Points after spending $4,000 in the first 3 months from account opening.
- Plus, earn 10,000 bonus points after you add an employee card to your account in the first 3 months from account opening.
Rewards
- Up to 26X total points per $1 spent when you stay at IHG Hotels and Resorts.
- 10X points with this card
- Up to 10X points from IHG on stays for being an IHG One Rewards member
- Up to 6X points from IHG on stays with Platinum Elite Status, a benefit of this card
- Earn 5X points on travel, dining, select business purchases, and at gas stations.
- Earn 3X points per $1 spent on all other purchases.
Other features
- Statement Credit of up to $120 every 4 years as reimbursement for the application fee charged to your card.
- As an IHG One Rewards credit cardmember, you are upgraded to IHG One Rewards Platinum Elite status for as long as you remain a Premier Business cardmember, and as long as your IHG One Rewards membership remains in good standing.
- Save 20% when you purchase points with your IHG One Rewards Premier Business Credit Card.
- Earned each account anniversary year with a current point redemption cap of 40,000 points. You can also use existing points from your IHG One Rewards account to redeem your Anniversary Night at hotels above the 40,000 point redemption level.
- Enjoy a reward night when you redeem points for a consecutive four-night IHG hotel stay, you can receive a fourth Reward Night free redeemable at that same hotel during that same stay.
- You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
- Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $10,000 per item.
- If your trip is canceled or cut short by sickness, severe weather and other covered situations, you can be reimbursed up to $1,500 per person and $6,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours, and hotels.
- Chase Pay Over Time lets eligible Chase business card customers break up credit card expenses into manageable payments.
- Pay off an eligible purchase you've already made of $100 or more in smaller, equal monthly payments. No interest - just a fixed monthly fee with plan durations that range from 3-24 months.
- Get one-year complimentary DashPass, membership for both DoorDash and Caviar, that provides unlimited deliveries with $0 delivery fees and lower service fees on eligible orders. Activate by Dec 31, 2027.
- Plus, DashPass members get up to $10 off quarterly on non-restaurant DoorDash orders through Dec 31, 2027.
- Receive a monthly $10 Instacart credit, up to $120 annually, plus a complimentary 3-month Instacart+ membership. Service fees and terms apply. Membership auto-renews at $99/yr. Active Instacart+ membership is required to receive your $10 monthly credit. Benefits end 12/31/27.
- Plus, earn a $100 statement credit and 10,000 bonus points after you spend $20,000 each calendar year.