Full Breakdown
Chase and IHG Revamp Co-Branded Credit Card Portfolio
By Drooid · · How we work
New Premier Select Card Launch
On October 1, 2026, Chase and IHG® Hotels & Resorts introduced the IHG One Rewards Premier Select Credit Card, a top-tier product with a $350 annual fee. The card provides automatic IHG Platinum Elite status, 20 Elite Night Credits each calendar year, an anniversary free night worth up to 60,000 points, up to $300 in annual Food & Beverage Rewards, and a $200 airline statement credit (subject to a $250 flight spend). A welcome bonus of 200,000 points is available after $5,000 in purchases within the first three months.
Updates to Existing IHG Credit Cards
Four existing cards received new names, benefit tweaks, and fee adjustments that take effect in 2027 for current members.
| Card (new name) | Annual fee (2027) | Automatic elite status | Elite Night Credits | Key new credits |
|---|---|---|---|---|
| IHG One Rewards Card (formerly Traveler) | $0 | Silver Elite | 5 per year | 5 credits, grocery-store 3× points |
| IHG One Rewards Premier Card | $150 (up from $99) | Gold Elite (Platinum retained through Dec 31 2027) | 15 + 2 per $5,000 spent | $100 Food & Beverage, $100 airline credit, 50,000-point anniversary free night |
| IHG One Rewards Business Card | $200 (up from $99) | Platinum Elite | 15 + 2 per $5,000 spent | $100 Food & Beverage, $100 airline credit, $100 Expensify credit, 50,000-point anniversary free night |
| IHG One Rewards Premier Select (new) | $350 | Platinum Elite | 20 | $300 Food & Beverage, $200 airline credit, $50 United TravelBank cash, 60,000-point anniversary free night |
Additional changes across the lineup include:
- Points-per-dollar earnings at IHG properties drop from up to 26× to up to 24× on the Premier card, while the no-fee card remains at up to 17×.
- Grocery purchases become a 3× bonus category on the no-fee and Premier cards; utility, internet, cable, phone, and streaming purchases lose elevated rates after Dec 31 2026.
- The fourth-night-free redemption benefit on the no-fee card now requires $5,000 in annual spend to unlock (effective 2027).
Official Statements & Responses
Both executives noted that existing cardmembers will receive detailed notices in October about the timing of each change.
Verbatim Quotes
- “Our partnership with IHG Hotels & Resorts continues to bring meaningful value to IHG loyalists and travelers who want more from every step of their travel experience,” — Chris Cracchiolo, President of Co-Brand Cards at Chase
What’s Next
- Limited-time launch offers run through November 18, 2026, allowing new applicants to claim the welcome bonuses listed above.
- Annual-fee increases and most benefit changes become effective for existing cardmembers in 2027, with Platinum status on the Premier card guaranteed through December 31, 2027.
- Chase will contact current members in October with individualized details on how the updates apply to their accounts.