Chase's New IHG Premier Select Card: 200,000 Bonus Points and a Yearly Free Night Up to 60,000 Points

Planning a few IHG stays this year? The new IHG One Rewards Premier Select card from Chase gives you a free night every anniversary, good for a room up to 60,000 points, plus the fourth night free on standard room points stays of four or more nights.

• Bonus: 200,000 points, plus 10,000 more for adding an authorized user in the first 3 months
• Spend: $5,000 in the first 3 months (balance transfers, cash advances, gambling, peer to peer payments and fees don't count)
• Annual fee: $350, with no foreign transaction fees
• APR: 19.49% to 27.99% variable

The card also comes with automatic IHG Platinum Elite status, and the $350 is where the fine print lives. The food and beverage credit, up to $300 a year, comes as $75 vouchers each quarter, works only on food and beverage charged to an IHG hotel room bill, and unused amounts are forfeited. The $200 airline credit needs a flight purchase of $250 or more made directly with the airline, and Chase lists it through 12/31/27.

You can't get the bonus if you hold this card now or received a new cardmember bonus on it in the last 24 months.

It's a launch offer: apply by November 18, 2026. Chase can change or end it at any time without notice, so check Chase's page for the current terms before you apply.

The IHG One Rewards Business card is on its own launch offer too: 190,000 points after $5,000 in 3 months, plus 10,000 after adding an employee card, with a $200 annual fee. The regular Premier card has its own refreshed offer, covered here.

This one fits someone who already books IHG hotels and can put $5,000 of normal spending on the card in three months. If your stays are rare, or you'd have to stretch to hit the spend, that fee is a lot to carry.