Chase is currently offering the highest bonus ever seen on the IHG One Rewards Premier Business Credit Card. The promotion allows new cardholders to earn up to 200,000 bonus points through tiered spending requirements.

Bonus Breakdown

The offer is structured in two phases:
– Earn 140,000 bonus points after spending $4,000 on purchases within the first three months of opening the account.
– An additional 60,000 bonus points are awarded after reaching a total of $9,000 in spending within the first six months.

This makes the card’s $99 annual fee worthwhile for many, especially considering the additional perks.

Key Benefits & Perks

The card delivers significant value beyond the initial bonus, including:
Anniversary Free Night: Receive one free night each year, redeemable at IHG properties up to 40,000 points per night.
Fourth Night Free: Benefit from redeeming every fourth night free on consecutive stays booked with points.
Elite Status: Automatic Platinum status for as long as you hold the card, granting upgrades, bonus points, and late check-out. Diamond status is achievable by spending $40,000 annually.
Statement Credit & Bonus: A $100 statement credit plus 10,000 bonus points are awarded after $20,000 in annual spending.
Additional Perks: $25 United TravelBank Cash deposits twice yearly (registration required).

Spending Rewards

The card offers accelerated rewards on everyday spending:
10x Points: Earn 10x points on IHG property purchases.
5x Points: Earn 5x points on travel, gas stations, dining, social media/search engine ads, and office supplies.

However, the value of IHG points (around 0.5 cents per point) may make other cards more rewarding for general spending.

Eligibility Restrictions

The bonus is exclusively for new cardholders. Individuals who currently hold this card or received a new cardmember bonus within the past 24 months are ineligible. Holding another IHG card does not automatically disqualify applicants.

This is a substantial offer for those looking to maximize IHG rewards, but it’s important to assess whether the card’s benefits align with your spending habits and travel preferences.