For business travelers who frequent IHG hotels, the IHG One Rewards Premier Business Credit Card offers a compelling blend of perks, rewards, and utility. This guide delves into the key features of the card, its benefits, and the process of applying, ensuring potential cardholders have all the necessary information to make an informed decision.
1. Overview of IHG One Rewards Premier Business Credit Card:
The IHG One Rewards Premier Business Credit Card is designed specifically for business owners who want to maximize their travel benefits. With this card, users can earn significant points on hotel stays, along with various other purchase categories. Managed by Chase, it provides not only robust rewards but also several travel-related advantages that make business trips more convenient and cost-effective.
2. Key Features and Benefits:
- Generous Sign-Up Bonus: The card typically offers a substantial initial bonus of points upon meeting a minimum spending requirement within the first few months of account opening. This bonus can cover several nights at IHG hotels, depending on the property tier.
- Earning Rate: Cardholders earn up to 25 points per dollar spent at IHG properties. This includes 10 points per dollar as a cardmember, plus up to 15 points per dollar as an IHG One Rewards member. Additionally, the card offers bonus points on other business-related expenses:
- 5 points per dollar on travel, dining, and at gas stations.
- 3 points per dollar on all other purchases.
- Anniversary Free Night: Each year on the card anniversary, users receive a free night certificate, redeemable at eligible IHG hotels worldwide. This benefit alone can offset the card’s annual fee.
- Elite Status: Automatic Platinum Elite status as long as you remain a cardmember, which includes benefits like room upgrades, late checkout, and a 50% bonus on top of the base points earned during stays.
- Fourth Night Free: When booking a stay of four or more nights with points, the fourth night is free, allowing cardholders to stretch their points further.
- No Foreign Transaction Fees: The card does not charge any foreign transaction fees, making it ideal for international travel.
- Travel and Purchase Protections: Benefits include baggage delay insurance, lost luggage reimbursement, purchase protection, and more.
3. Fees:
The IHG One Rewards Premier Business Credit Card comes with an annual fee, typically around $99. However, the value of the benefits can easily surpass this cost for frequent travelers. There are no foreign transaction fees on international purchases.
4. How to Apply:
Applying for the IHG One Rewards Premier Business Credit Card is straightforward:
- Eligibility: Ensure that your business qualifies for the card, and you meet the credit criteria set by Chase.
- Application Process:
- Visit the Chase website and navigate to the business credit cards section.
- Find the IHG One Rewards Premier Business Credit Card and click on “Apply Now.”
- Fill out the application form with details about your business, such as its name, type, tax identification number, and annual revenue.
- Provide your personal information as the business owner, including your Social Security Number and total annual income.
- Wait for Approval: Once submitted, the application will undergo a review process. Chase may approve it immediately, or it might take a few days. In some cases, additional information might be requested.
5. Maximizing Rewards:
To get the most out of the IHG One Rewards Premier Business Credit Card, use it for all IHG hotel stays and business-related expenses. Regularly check for special promotions or bonus point opportunities offered by IHG and Chase. Also, consider pairing this card with another that offers complementary benefits or covers categories not emphasized by the IHG card.
Conclusion:
The IHG One Rewards Premier Business Credit Card is a valuable tool for business owners who travel frequently and prefer staying at IHG properties. Its comprehensive rewards program, coupled with the annual free night and automatic elite status, provide exceptional value that can significantly enhance your travel experiences while keeping costs in check. Whether you’re booking a hotel for a business conference or planning a corporate retreat, this card can help you achieve more with every dollar spent. Be sure to review the latest details and offers on Chase’s website or consult with a financial advisor to ensure it aligns with your business needs and spending habits.
