IHG Rewards Premier Enterprise Credit score Card Assessment (2022)
Hyperlink: Apply for the IHG® Rewards Premier Enterprise Credit score Card
Resort bank cards are extremely underrated. Even in case you don’t spend a lot cash on them, they’ll provide enormous perks, together with elite standing and free night time certificates. Whenever you mix these two elements, a whole lot of these playing cards provide outsized worth.
On this put up, I needed to take an in depth take a look at the IHG® Rewards Premier Enterprise Credit score Card, which was solely launched within the spring of 2022. That is an superior card, and it’s almost an identical to IHG’s private premium card, the IHG® Rewards Premier Credit score Card. I’d think about to be a great factor, since there may be worth in holding onto each playing cards.
IHG Rewards Premier Enterprise Card Fundamentals For October 2022
The IHG Premier Enterprise Credit score Card is the one Chase and IHG co-branded enterprise bank card. Even in case you don’t plan on placing a lot spending on the cardboard, this card may be price having for the anniversary free night time certificates, fourth night time free on award redemptions, elite standing, and rather more.
For these of you not conversant in IHG (InterContinental Inns Group), the group owns InterContinental, Six Senses, Regent, Vacation Inn, Crowne Plaza, Resort Indigo, and extra. Let’s take a more in-depth take a look at what you could learn about this enterprise card.
Welcome Bonus Of 140,000 IHG Factors
For the time being the IHG Premier Enterprise Card is providing a welcome bonus of 140,000 IHG factors after spending $3,000 throughout the first three months. Personally, I worth IHG factors at 0.5 cents every, so to me that bonus is price $700.
IHG Enterprise Credit score Card Eligibility
The welcome bonus on the IHG Premier Enterprise Card isn’t obtainable to those that presently have this actual card, or those that have acquired a brand new cardmember bonus on this card up to now 24 months. Nonetheless, you might be eligible for the cardboard when you have both of the non-public IHG playing cards, together with the IHG® Rewards Premier Credit score Card (assessment) or IHG® Rewards Traveler Credit score Card (assessment).
Chase’s 5/24 Rule
Chase has what’s generally known as the 5/24 rule. Which means in case you’ve opened 5 or extra new card accounts up to now 24 months you sometimes received’t be permitted for this card. So in case you do apply for this card, ensure you’re below that restrict. Chase’s different basic utility restrictions apply.
The excellent news is that making use of for a Chase enterprise bank card doesn’t depend as an extra card towards that restrict. That’s to say that in case you’re presently “at” 4/24, meaning you’d nonetheless be “at” 4/24 after your utility. That’s as a result of the enterprise account being opened received’t present in your private credit score report, past the inquiry.
$99 Annual Payment
The IHG Premier Enterprise Card has a $99 annual charge. You’ll be able to add further cardmembers to your enterprise account at no further value. As I’ll clarify beneath, the annual charge is properly price it even in case you don’t spend cash on the cardboard, because you get an anniversary free night time certificates.
Incomes Factors With The IHG Premier Enterprise Card
The IHG Premier Enterprise Credit score Card has a reasonably well-rounded rewards construction, and it might very properly be price spending cash on the cardboard. That’s very true when you think about the brand new spending threshold bonuses.
10x Factors At IHG Properties
When you’ve got the IHG Premier Enterprise Card then you’ll be able to earn a complete of 26x IHG factors per greenback spent at IHG properties. Nonetheless, in actuality, not all of these factors are coming from the bank card as such. Right here’s how this breaks down:
- You earn 10x factors from IHG for being an IHG program member
- You earn 6x factors from IHG with Platinum standing, which is a good thing about this card
- You earn 10x factors for paying along with your IHG Premier Enterprise Card
5x Factors On Journey, Gasoline Stations, Eating, & Extra
The IHG Premier Enterprise Card gives 5x factors in a wide range of spending classes, together with:
- 5x factors on journey, together with accommodations
- 5x factors at gasoline stations
- 5x factors on eating
- 5x factors on social media and repair engine promoting
- 5x factors at workplace provide shops
There are not any caps on any of these bonus classes, so you’ll be able to earn 5x factors on limitless spending in any of these classes. Based mostly on my valuation of IHG factors, that’s like a ~2.5% return on that spending. In and of itself that’s not so wonderful, however there are additional incentives to spend cash on the cardboard.
3x Factors On Different Purchases
For classes in which you’ll’t earn 5-10x factors, the IHG Premier Enterprise Card gives 3x factors per greenback spent. There are probably nonetheless higher playing cards for on a regular basis spending, although there are some important incentives to spend cash on the cardboard, which I’ll cowl beneath.
No Overseas Transaction Charges
The IHG Premier Enterprise Credit score Card has no international transaction charges, so it’s a great card for purchases overseas. That’s very true when staying at IHG properties overseas, in addition to for eating and commuting outdoors the US.
$100 Assertion Credit score & 10,000 Bonus Factors With Spending
As an extra incentive to spend cash on the cardboard, the IHG Premier Enterprise Card gives a $100 assertion credit score plus 10,000 bonus factors whenever you spend $20,000 on the cardboard in a calendar yr, plus make one further buy.
As I discussed above, I worth IHG factors at 0.5 cents every, so between the assertion credit score and factors, that’s like $150 of further worth, making it an incremental 0.75% return on $20,000 price of spending. Whenever you stack it with the cardboard’s different perks, that might add up.
IHG Diamond Standing With Spending
The IHG Premier Enterprise Card gives IHG Diamond standing in case you spend $40,000 or extra on the cardboard in a calendar yr. That is IHG’s prime tier elite standing, which gives perks like complimentary breakfast, room upgrades, late check-out, and extra.
With the Milestone Rewards program (which you’ll unlock primarily based on what number of elite nights you earn with IHG per yr), you’ll be able to obtain advantages like confirmed suite upgrades, membership lounge entry, meals & beverage credit, and extra.
A Second IHG Anniversary Free Night time With Spending
Along with the anniversary free night time award that you simply get only for having the cardboard (which I’ll cowl beneath), you’ll be able to earn a second free night time award yearly whenever you spend $60,000 on the cardboard in a calendar yr. The free night time award can be utilized at a property costing as much as 40,000 factors, although you should utilize further factors to prime off the award and redeem at costlier properties.
IHG Premier Enterprise Credit score Card Advantages
What makes the IHG Premier Enterprise Credit score Card distinctive is the advantages and perks that it gives, which for my part greater than offset the annual charge on the cardboard.
IHG Anniversary Free Night time
Yearly in your account anniversary you get a free night time certificates, legitimate at any property costing as much as 40,000 factors per night time. This doesn’t require any spending, although as famous above, you’ll be able to earn a second free night time award by spending $60,000 on the cardboard in a calendar yr.
Better of all, you should utilize factors to prime off your award and redeem at a costlier property. In different phrases, you possibly can e book a resort costing 60,000 factors per night time by utilizing the certificates and redeeming an extra 20,000 factors.
This free night time certificates will likely be issued shortly after your anniversary and is legitimate for 12 months. I’ve constantly gotten enormous worth with these certificates, and have been in a position to redeem them at properties costing $250+ per night time. And that’s not even accounting for the power to prime them off and redeem at costlier properties.
Fourth Night time Free On Award Redemptions
Only for having the IHG Premier Enterprise Card you get a fourth night time free on award redemptions. Whenever you e book 4 consecutive nights on an award redemption you then solely must redeem factors for the primary three nights.
That is an superior perk, since it may be used an infinite variety of occasions (you’ll be able to even use it to e book a number of rooms on the identical resort). When you normally redeem factors for stays in increments of 4 nights, that is like getting 25% off all of your redemptions.
IHG Platinum Standing
You obtain IHG Platinum standing for so long as you could have the IHG Premier Enterprise Card. Amongst different issues, IHG Platinum members obtain:
- Complimentary room upgrades, topic to availability
- 60% bonus factors
- Late check-out, topic to availability
- Precedence check-in
- Complimentary web
- Welcome amenity
- Entry to award gross sales all year long
- Entry to the Milestone Rewards program primarily based on what number of elite nights are earned, providing perks like confirmed suite upgrades, membership lounge entry, and extra
Up To $50 United TravelBank Money Per Yr
The IHG Premier Enterprise Card gives as much as $50 in United TravelBank Money per yr:
- Every calendar yr you’ll obtain one $25 United TravelBank Money deposit round January 1, and one other round July 1
- Deposits made between January 1 and June 30 expire on July 15, and deposits made between July 1 and December 31 expire on January 15
- You should full one-time registration to obtain this profit
When you fly United with any frequency, then that is like $50 price of journey on United per yr, which is superior.
International Entry, TSA PreCheck, Or NEXUS Credit score
The IHG Premier Enterprise Card gives a International Entry, TSA PreCheck, or NEXUS credit score as soon as each 4 years. Simply cost the membership charge of as much as $100 to your card, and it’ll routinely be reimbursed. It doesn’t matter who the charge is being paid for, so long as you cost it to your eligible card.
Is The IHG Premier Enterprise Card Value It?
When you keep at IHG properties with any frequency, then I believe the IHG Premier Enterprise Credit score Card is completely price having.
The cardboard’s $99 annual charge is straightforward to justify primarily based on the perks that it gives. The cardboard gives an anniversary free night time certificates, a fourth night time free on award redemptions, IHG Platinum standing, as much as $50 in United credit per yr, a International Entry charge credit score, and extra.
Admittedly when you have the non-public card as properly, a few of the advantages do overlap. Nonetheless, I think about the anniversary free night time award alone to be price greater than the annual charge, in order that’s a cause to select up this card.
IHG Premier Private Card Vs. IHG Premier Enterprise Card
The IHG® Rewards Premier Credit score Card (assessment) is the non-public model of this card, so how does it examine? The advantages are nearly an identical, although I’d say the enterprise model of the cardboard has some potential benefits:
- Each playing cards provide an anniversary free night time certificates, IHG Platinum standing, a fourth night time free on award redemptions, as much as $50 in United TravelBank Money annually, and so forth.
- The key variations are that the enterprise card has a number of extra bonus classes, and gives an extra free night time award in case you spend $60,000 on the cardboard in a calendar yr
Each of those playing cards are glorious, and personally, I believe it’s price choosing each up, with the intention to earn two free night time awards per yr with out having to spend something.
Different Choices For Incomes IHG Factors
If you wish to earn IHG factors with out having an IHG card, understand that IHG is a switch associate with Chase Final Rewards, so you possibly can switch factors at a 1:1 ratio. For instance:
- The Chase Sapphire Reserve® Card (assessment) gives 3x factors on eating and journey
- The Chase Sapphire Most popular® Card (assessment) gives 3x factors on eating, on-line groceries, and streaming companies, and 2x factors on journey
- The Ink Enterprise Most popular® Credit score Card (assessment) gives 3x factors on the primary $150,000 spent yearly on journey, delivery purchases, web, cable and cellphone companies, and promoting purchases made with social media websites and search engines like google
- The Chase Freedom Limitless® (assessment), together with one of many above playing cards, earns 3x factors on eating and drugstores, and 1.5x factors on all purchases
- The Chase Freedom FlexSM (assessment), together with one of many above playing cards, earns 3x factors on eating and drugstores, and 5x factors in rotating quarterly classes
That being mentioned, basically, I completely wouldn’t suggest transferring Chase factors to IHG. As I mentioned, I worth IHG factors at ~0.5 cents every, when you can as a substitute switch factors on the identical ratio to applications like World of Hyatt, the place I worth the factors at ~1.5 cents every (thrice as a lot).
Generally it may make sense to purchase IHG factors when this system has a sale. IHG typically sells factors with a 100% bonus, which brings down the associated fee per bought level to 0.5 cents. Whenever you stack that with the fourth night time free supplied by this card and the Platinum perks you’ll obtain, that could possibly be properly price it.
The IHG Premier Enterprise Credit score Card is a product that I extremely suggest getting. The cardboard’s $99 annual charge is very easy to justify, because of the anniversary free night time award, as much as $50 in United credit, IHG Platinum standing, and rather more.
This free night time certificates is the only greatest good thing about the cardboard, and constantly gives outsized worth. Better of all, you’ll be able to prime off the award to redeem at a costlier resort.
I do know some persons are against having a whole lot of bank cards, however typically it may make sense to have some playing cards only for the perks they provide, even in case you don’t essentially plan on spending a lot cash on the cardboard. That is a kind of playing cards.
If you wish to study extra in regards to the IHG Premier Enterprise Credit score Card or apply, observe this hyperlink.