This has been updated as the Old IHG Club Card is no longer offered.
The IHG Rewards Club Premier Credit Card has a bonus of 140,000 points right now which should get you at least a several free nights at Holiday Inns, Crown Plaza or InterContinentals and more. Redemptions start at 5k points, so you could possibly get up to 28 free nights out of the bonus. I'm not sure if you will be able to find them at that rate but I have been able to find redemptions for 10,000 at Candlewood Suites.
The minimum spend is $3,000 to get that bonus. The $89 annual fee is not waived the first year like the old IHG card. I do like that you get a free night every anniversary, so if you did keep the card and pay the annual fee you would be getting something in return. A reward night up to 40,000 points. You also get up to $100 towards TSA Pre-Check or Global Entry.
By holding the card you also get Platinum Elite Status, which has some reasonable perks like complimentary room upgrades and earning extra points. You also get the fourth reward night for free. There is no referral program I am aware of for this card, so just apply as normal through Chase.
Thanks for Reading,
Michael Wilson
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