IHG Premier Business Credit Card review: The annual fee is justified

The IHG One Rewards Premier Business Credit Card affords adequate perks that, if utilized, can simply justify the cardboard’s annual charge of $99. Nonetheless, enterprise house owners who aren’t loyal to IHG One Rewards could also be higher off with one other enterprise card. Card Ranking*: ⭐⭐⭐⭐

*Card rating is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

Contemplating that the IHG One  Rewards Premier Business Credit Card has an annual charge of solely $99, it affords many perks for vacationers and small-business house owners who ceaselessly stick with IHG. In comparison with different hotel-branded enterprise bank cards, the IHG Premier Enterprise card has one of many lowest annual charges and should show enticing merely for that purpose.

Advantages embrace automated Platinum Elite status so long as you are a cardholder, a novel fourth-night-free reward perk when redeeming factors for lodge stays and a invaluable welcome bonus. One key perk — the free night certificate obtained every year — can simply cowl the annual charge on the IHG Premier Enterprise card. We suggest a credit score of at the very least 670 to be accepted for this card.

Let’s take a look at the main points of the IHG Premier Enterprise card to see if it is proper in your firm.

Associated: Who qualifies for a business credit card?

New candidates for the IHG One Premier Business card can earn as much as 200,000 factors: 140,000 bonus factors after spending $4,000 on purchases within the first three months from account opening and one other 60,000 bonus factors after spending a complete of $9,000 within the first six months from account opening.

Your bonus will come within the type of IHG points, that are price 0.5 cents every in accordance with TPG’s March 2025 valuations. Thus, this bonus is price as much as $1,000.

This is likely one of the highest affords we have seen on this card. The same old supply is about 140,000 bonus factors (price $700, in accordance with TPG’s March 2025 valuations), so the present elevated bonus is one to leap on.

Day by day E-newsletter

Reward your inbox with the TPG Day by day e-newsletter

Be part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s consultants

It is price noting there’s a warning on the applying web page that you’re not eligible for this bonus if you happen to’ve obtained a welcome bonus on this card throughout the previous 24 months.

This card is right for Chase prospects below 5/24. Whereas most enterprise bank cards will not affect your 5/24 status, you do must be below 5/24 to use.

Associated: How to track your progress toward a credit card welcome bonus

The IHG One Premier Business card has a modest $99 annual charge, however is it price it? The cardboard’s worth depends upon whether or not you may use its advantages ceaselessly sufficient to justify that annual charge.

First, in your cardmember anniversary every year (beginning on the one-year mark and persevering with every year after that, for so long as you retain the account open), you may obtain a free night time award legitimate for a single night time, price as much as 40,000 factors.

Cardholders additionally routinely get pleasure from IHG One Rewards Platinum Elite standing, so long as their account stays open. Platinum members obtain 60% bonus earnings on paid stays booked directly with IHG One Rewards, space-available room upgrades, a welcome amenity (within the type of factors or a drink/snack) and a handful of different perks.

These desirous about incomes top-tier Diamond Elite standing can attain this by spending $40,000 on the cardboard in a calendar 12 months. After assembly the spending threshold, the standing is legitimate by way of Dec. 31 of the next 12 months.

You may additionally pay zero factors for each fourth night time when redeeming IHG factors for stays of 4 nights or longer. That is an automated perk that’s mirrored when reserving. That is primarily a 25% low cost on stays of precisely 4 nights, so it is a good way to get much more worth out of the cardboard.

That mentioned, if you happen to not often redeem IHG factors for stays of 4 nights or extra, this perk could also be of restricted worth.

Every calendar 12 months you spend $20,000, you may earn 10,000 bonus factors and a $100 assertion credit score. TPG’s March 2025 valuations peg these bonus factors at $50, which interprets to a complete worth of $150 with the assertion credit score.

IHG Premier Enterprise cardholders have a handful of different perks to make the most of whenever you swipe your card:

• TSAPrecheck/International Entry software charge credit score: You could be reimbursed as much as $120 each 4 years whenever you cost a Global Entry, TSA PreCheck or Nexus software charge to your card.
• Save 20% on the acquisition of IHG factors whenever you pay along with your card.
• As much as $50 in United Airways TravelBank money every calendar 12 months whenever you register your IHG One Premier card along with your MileagePlus account.
• Auto rental collision damage waiver: While you decline the rental firm’s collision insurance coverage and cost your complete rental value to your card, you may get protection in opposition to theft and collision. Protection is secondary when renting throughout the U.S., however main when renting for enterprise functions.
• Trip cancellation and trip interruption insurance: You could be reimbursed as much as $1,500 per particular person and as much as $6,000 per journey for pay as you go, nonrefundable journey bills in case your journey is canceled or reduce brief for a lined purpose.
• Purchase protection: Your new purchases are lined for 120 days in opposition to harm or theft. There’s a restrict of $10,000 per declare and as much as $50,000 per account.

These advantages could be good to have when issues go unsuitable.

Typically, you will not get improbable incomes charges on most hotel credit cards — particularly on broad classes like eating and groceries. That mentioned, the IHG One Premier Business card might be a strong possibility, particularly at collaborating IHG properties.

While you use your card at IHG resorts and resorts, you may earn 10 factors per greenback spent in your keep. That is along with the ten base factors that every one IHG One Rewards members accrue at most collaborating manufacturers. And since you may have automated Platinum Elite standing with the cardboard, that’ll provide you with one other 60% bonus on prime of the bottom factors. This mix interprets to a complete of 26 factors per greenback spent on most IHG stays — or a 13% return on spending, primarily based on TPG’s March 2025 valuations.

Past IHG purchases, cardholders of the IHG Premier Enterprise will earn factors on the following charges:

• 5 factors per greenback spent on journey, resorts (non-IHG properties), eating and fuel purchases
• 5 factors per greenback spent on social media and search engine promoting and at workplace provide shops
• 3 factors per greenback spent on all different purchases

That interprets to a 2.5% return on the bonus classes primarily based on TPG’s March 2025 valuations, although it drops to 1.5% on on a regular basis purchases — a price of return decrease than many other cards.

Associated: How to earn IHG points via stays, credit cards and more

On the opposite finish, there is no revealed most price, though for IHG’s core manufacturers, the best we have seen is 120,000 factors per night time. Nonetheless, properties in associate manufacturers equivalent to Six Senses ceaselessly exceed this.

Regardless of this award pricing mannequin, there are nonetheless methods to maximize IHG One Rewards redemptions. In truth, you might be able to redeem IHG One Rewards points for considerably extra worth if you happen to spend a while looking out.

You are not restricted to solely utilizing factors in your keep. You can even guide rooms utilizing a mixture of factors and money, which might supply respectable worth in sure circumstances.

Nonetheless, it is price noting simply how these reservations are confirmed. IHG successfully sells you the additional factors (for money) after which makes use of the complete variety of factors for the keep. You normally pay 0.63 to 0.66 cents for every IHG level used to make up the distinction. IHG usually sells factors at this worth (or cheaper), which could be one other approach to prime off your account.

As famous above, whenever you redeem factors for a keep of 4 nights or longer, each fourth night time will value zero factors. There isn’t any restrict to how usually you should utilize this profit — although it solely applies to full award stays, not these booked utilizing money and factors.

Associated: How to redeem points with the IHG One Rewards program

Because the IHG One Premier Business card is a lodge bank card aimed toward small-business house owners, it is price taking a look at the way it stacks up in opposition to different hotel-branded enterprise bank cards.

The data for the Wyndham Rewards Earner Enterprise card has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.

Learn extra: The best hotel credit cards with annual fees under $100

Sure — so long as you may profit from the cardboard’s perks. The IHG One Premier Business card has an annual charge of $99 and affords an annual free night time award that may simply be redeemed for extra worth than that. Cardholders additionally earn factors at strong charges when making purchases in bonus classes, although the incomes price on on a regular basis purchases is not improbable.

Small-business house owners loyal to IHG or these merely seeking to diversify their journey technique can discover adequate worth to justify the cardboard’s annual charge every year. If you end up underutilizing the perks or reserving stays at various lodge manufacturers, we would suggest a extra common business credit card as a substitute to maximise your probability of incomes invaluable rewards.

Apply right here: IHG One Rewards Premier Business Credit Card

For charges and charges of the Hilton Enterprise Amex, click on here.