IHG One Rewards Business
The welcome offer, the anniversary free nights, every credit and its catch, Platinum Elite status, the insurance, and whether the $200 fee pays for itself.
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Business hotel cards · Chase
Welcome offer
190,000 points
Annual fee
$200
190,000 bonus points after $5,000 in purchases in the first 3 months, plus 10,000 more after adding an employee card in the same period.
Employee cards: No feeForeign transaction fees: NoneRewards: IHG One Rewards points
The Atelier Take
Platinum Elite status and the annual free night carry the $200 fee for anyone who stays at IHG hotels.
Who it suits
Business travelers who stay at IHG hotels and will use the anniversary free night and fourth-night-free award stays. The 5x on social media and search advertising suits businesses that buy ads.
Who should skip it
Anyone who rarely stays at IHG hotels: points are worth about 0.6¢ each, so the 3x base rate returns about 1.8¢.
Every credit, and the catch
Chase puts the first-year value above $750, but much of it depends on IHG stays, single brands or offers that end in 2027.
Anniversary free night
One night up to 50,000 points
Points can be added from the account to book a hotel above 50,000 points; must be used within 12 months.
Second free night
One more night up to 50,000 points
Only after $60,000 of purchases in the calendar year.
Food and beverage reward
Up to $100 a year
Redeemed on the room bill at IHG hotels only, so it needs a stay every quarter to use in full.
Airline credit
Up to $100 a year
After $250 of flights bought directly from airlines in the year; ends December 31, 2027.
Expensify credit
Up to $100 a year
Purchases made directly with Expensify.
Instacart credit
Up to $120 a year
Needs an active Instacart+ membership, free for 3 months and then paid; ends December 31, 2027.
DashPass and DoorDash promo
DashPass for a year + up to $10 a month
The $10 is for non-restaurant orders and only for DashPass memberships activated on or after September 1, 2026; DashPass renews at the monthly rate after the free year unless canceled.
Global Entry, TSA PreCheck or NEXUS
Up to $120 every 4 years
What it earns
Rewards: IHG One Rewards points.
26x
IHG Hotels and Resorts
10x from the card, up to 10x as an IHG One Rewards member and up to 6x with Platinum Elite
5x
Dining, gas stations, and social media and search engine advertising
5x
Flights booked directly with airlines and car rentals
5x
Other travel and office supply stores
Through December 31, 2026; 3x from 2027
3x
Everything else
TPG values IHG points at 0.6¢ each, so 5x returns about 3¢ per dollar and 3x about 1.8¢. From January 1, 2027, office supply stores and travel other than flights booked directly and car rentals drop from 5x to 3x.
Status and award benefits
Platinum Elite status
Automatic while the card is open.
15 Elite Night Credits
On account opening and by February 1 each calendar year.
More night credits
2 Elite Night Credits per $5,000 spent, plus 5 more and 20,000 bonus points after $25,000 in a calendar year.
Diamond Elite
From 2027, after $50,000 of purchases in a calendar year, for the rest of that year and the next.
Fourth night free
Book four consecutive reward nights and the fourth is free.
30% off points purchases
When points are bought with the card.
Will the $200 fee pay off?
Enter what would go on this card. The result values points at TPG’s valuation, adds the credits that would actually be used and, in year one, the welcome offer, then sets the total against a no-fee card that pays 2% back on everything.
1 · Spending on this card
Example figures are filled in; replace them with real ones.
AdvertisingSocial media and search engines
5x
Shipping
3x
Internet, cable and phone
3x
Office supply stores5x through December 31, 2026
3x
Software and cloud services
3x
Flights booked directly with airlines
5x
IHG hotels and resortsCard points only; member and Platinum Elite points are left out
10x
Other hotels5x through December 31, 2026
3x
Car rentals
5x
Dining
5x
Gas
5x
Everything else
3x
2 · Credits that would be used
Tick only what would be used anyway, at full value.
3 · Assumptions
The result
Rates are those that apply from January 1, 2027; until then office supply stores and other travel earn 5x. The anniversary free night starts in year two. Not counted: Platinum Elite status, Elite Night Credits, the fourth night free and the DashPass benefits.
Insurance and protections
Chase lists only these two on the card’s page; the Guide to Benefits has the full terms. Pay for the trip or purchase with the card to be covered.
Trip cancellation and interruption
Up to $1,500 per traveler and $6,000 per trip for prepaid, non-refundable fares.
Purchase protection
Damage or theft within 120 days of purchase, up to $10,000 per item.
Pros and cons
Pros
- Platinum Elite status while the card is open
- Anniversary free night up to 50,000 points, and a second after $60,000 a year
- 5x on advertising, dining and gas
- A large welcome offer
Cons
- IHG points are worth about 0.6¢
- Office supplies and most travel drop from 5x to 3x in 2027
- Several credits end in 2027 or need IHG stays every quarter
- Thin insurance: only trip cancellation and purchase protection listed
Card terms change often and some offers are personalized; the issuer’s page is the final word.