IHG One Rewards Premier

• The 150,000-point welcome bonus after $3,000 in 3 months is the headline, but the full offer stacks to 185,000 points when both tiers are completed - read the bonus structure carefully before you apply so you know exactly what you're chasing and don't leave points on the table by stopping at the first threshold.
• The anniversary free night is capped at 40,000 points, which covers a solid range of IHG properties but not the flagship luxury options - the good news is you can top it up with your own points to book above the cap, so it's a floor, not a ceiling.
• The $100 statement credit and 10,000 bonus points at $20,000 annual spend, and Diamond Elite status at $40,000, are real rewards for real volume - if your natural spending doesn't live anywhere near those numbers, these perks are more decorative than functional, and the base card still earns its $99 keep on the anniversary night alone.
• The 4th Night Free on points redemptions is one of the quietly powerful benefits on any hotel co-brand at this price point - book a four-night stay with points and the last night is free, which is effectively a 25% discount on every qualifying redemption if you travel in blocks.
• NO foreign transaction fees - this card is built to travel, and a $99 hotel co-brand that waives FX fees at least gets the basics right.
• The Up to $50 United TravelBank credit requires registering your card with your MileagePlus account before it does anything - it won't appear automatically, so if you fly United at all, the registration step is the first thing to do after your card arrives.
• The DashPass perk requires activation and auto-enrolls at the current monthly rate after the complimentary year closes - the $10/quarter DoorDash credit for non-restaurant orders is real money if you use the app, but both perks need you to actually opt in or they just sit there doing nothing.
• The card reimburses Global Entry / TSA PreCheck / NEXUS - up to $120 every 4 years - a small perk that quietly covers the application fee.

The IHG One Rewards Premier is the go-to card for IHG loyalists, stacking automatic Platinum Elite status, a 40K-point anniversary free night, and up to 26x points at IHG properties for just $99 a year. Hit $40K spend and Diamond Elite status is yours — plus a tasty $100 credit and 10K bonus points at the $20K milestone sweetens the deal further.