The IHG One Rewards Premier Business carries a 190,000-point signup bonus after $5,000 in spending in the first three months, which ranks #1 on our Best Credit Card Signup Bonuses list. That bonus came alongside a steep fee increase, though: the annual fee doubled from $99 to $200, so this is now a card you keep only if the perks earn their place. The core value is the anniversary free night at properties up to 50,000 points, a second free night after $60,000 in annual spending, automatic Platinum Elite status, and the fourth reward night free. Earning is 10x at IHG hotels, 5x on flights booked directly with airlines, car rentals, gas, and dining, and 3x on everything else, though other travel and office supply stores drop from 5x to 3x after December 31, 2026. Credits such as $100 in yearly IHG food and beverage vouchers, $100 for Expensify, a $100 airline credit after $250 in direct flight purchases, and monthly Instacart and DoorDash offers through 2027 can offset the fee if they fit your business. Business owners who stay at IHG regularly can make it work; others should take a hard look at the new $200 price.
Earn rates & credits
| Category | Rate |
|---|---|
Hotels Up to 26x total points at IHG hotels | 10x |
Airlines Airline tickets purchased directly with the airline | 5x |
Car Rentals | 5x |
Travel All other travel earns 5x through December 31, 2026, then 3x; flights booked directly and car rentals stay at 5x Through Dec 31, 2026 | 5x |
Gas | 5x |
Dining | 5x |
Office Supply Stores Office supply stores; 5x through December 31, 2026, then 3x Through Dec 31, 2026 | 5x |
Everything Else | 3x |
| Benefit | Value |
|---|---|
Global Entry / TSA PreCheck / NEXUS Credit Up to $120 statement credit for Global Entry, TSA PreCheck, or NEXUS application fees every four years | $120 every 4 yr |
Points Purchase Discount Save at least 30% when you purchase IHG One Rewards points with this card. | 30% |
DoorDash Non-Restaurant Promo $10 off one non-restaurant DoorDash order each month through Dec 31, 2027 while enrolled in the Chase DashPass membership. Applies to DashPass activations on or after Sep 1, 2026; earlier activations get $10 off each quarter. | $10 /mo |
IHG Food and Beverage Rewards A $25 Food and Beverage Reward voucher each calendar quarter, up to $100 per year, for food and beverage on your room bill at participating IHG hotels | $25 /qtr |
Airline Statement Credit $100 statement credit after spending at least $250 on flights purchased directly with the airline each calendar year through 12/31/27 | $100 /yr |
Expensify Credit Up to $100 in statement credits toward Expensify purchases each calendar year | $100 /yr |
Instacart Credit $10 Instacart credit monthly, up to $120 per calendar year, for purchases made directly through Instacart; requires activating the complimentary Instacart+ membership, ends 12/31/27 | $10 /mo |
| Total annual credits | $570 |
Card details
Regular APR | 19.24%–27.74% variable |
Foreign transaction fee | None |