IHG One Rewards Credit Card
IHG One Rewards credit card (no annual fee / Silver status)New limited-time welcome offer: 125,000 points
Earn 125,000 points after $2,000 in eligible purchases in the first 3 months after opening. The limited-time offer ends 2026/11/18. Under the recorded public terms, this product is unavailable to current holders of any personal IHG card or former personal IHG cardholders who received any personal IHG new-cardmember bonus within 24 months. Business cards are outside this restriction. Points post about 6–8 weeks after qualifying, with the account open and not in default at posting. Transfers, cash equivalents, cryptocurrency, gambling, person-to-person transfers, funding, checks, interest, fees and unauthorized transactions do not count. Points value depends on redemption and is not cash.
WELCOME OFFER RECORDS
Welcome offer records
New limited-time bonus (125k points / $2,000 spending requirement)
Browsing date (your device): . The browsing date is not a new verification date. Entries below retain their original recorded dates.
View recorded offer details (including free nights)8 records
Decision considerations
As of 2026/10/02, the public limited-time offer is 125,000 points after $2,000 in spending in the first 3 months, ending 2026/11/18. At an assumed 0.5¢ per point, the estimated value is about $625, not cash or a guaranteed stay value. From 2027, fourth night free requires meeting a $5,000 annual spending threshold first.
| Period | Welcome offer | Spending requirement | Status and notes |
|---|---|---|---|
| 2025/09/16–2025/10/31 | 40,000 points + 2 free-night certificates capped at 50k each+2 FN | $2,000 in the first 3 months | Combined fall bonus: spend $2,000 to earn 40,000 points plus 2 free-night certificates capped at 50k each, with an estimated combined value of $700. |
| 2025/11/01–2026/01/14 | 80,000 IHG points | $2,000 in the first 3 months | Standard baseline offer: earn 80,000 points after $2,000 in the first 3 months after opening. |
| 2026/01/15–2026/03/19 | Up to 120,000 points (accelerated spending rewards) | $2,000 in the first 3 months; up to $10,000 in specified-category spending in the first 6 months | Limited-time winter spending bonus: spend $2,000 in the first 3 months for 90k points, with an additional 3X on specified categories during the first 6 months, capped at $10,000 in spending, for up to another 30k points. |
| 2026/03/20–2026/04/29 | 80,000 IHG points | $2,000 in the first 3 months | Return to the standard baseline: earn 80,000 points after $2,000 in spending. |
| 2026/04/30–2026/06/25 | Up to 125,000 points (tiered spending requirements) | $2,000 in the first 3 months; $4,000 total in the first 6 months | Two-stage spring promotion lasting 56 days: spend $2,000 in the first 3 months for 90k points, then reach $4,000 total in the first 6 months for another 35k points. |
| 2026/06/26–2026/08/31 | 80,000 IHG points | $2,000 in the first 3 months | Standard baseline offer: earn 80,000 points after $2,000 in the first 3 months. |
| 2026/09/01–2026/09/30 | 80,000 IHG points (another 10k for adding an authorized user) | $2,000 in the first 3 months | Standard public offer: spend $2,000 in the first 3 months for 80,000 points, with another 10,000 points for adding an authorized user. |
| 2026/10/01–present (browsing as of )Original record: 2026/10/01–2026/11/18 (new limited-time promotion)Current record | 125,000 IHG points (limited-time promotion) | $2,000 in the first 3 months | Public offer checked on 2026/10/02: 125,000 points after $2,000 in the first 3 months, through 2026/11/18, subject to eligibility. Estimated value is not cash. |
IHG One Rewards points and value estimator
Card points are estimated assuming constant monthly spending for 12 months. Hotel-member points, annual spending-threshold bonuses, free-night certificates, dining vouchers, TravelBank and airfare credits are excluded. The welcome offer requires eligibility and the first 3 months' spending threshold, not automatically inferred from annual spending. Points value is a chosen assumption, not cash; interest and other fees are not deducted. From 2027, fourth night free requires first meeting a $5,000 annual spending threshold.
Points redemption valuation:
Annual points from card spending
Total first-year points (assuming eligibility for the 125,000-point welcome offer)
First-year points value less annual fee (welcome offer assumed earned; conditional benefits excluded)
JavaScript is disabled, so interactive estimates are unavailable. Card conditions and benefits remain readable.
Why choose IHG One Rewards over a general cash-back card?
| Benefit | IHG One Rewards (no annual fee) | General cash-back card (1.5%) |
|---|---|---|
| Welcome offer | ✓ 125,000 points (limited-time promotion, estimated at about $625) | ✗ Usually about $150 – $200 cash back |
| Hotel stay rewards | ✓ Up to 17X at IHG hotels (5X card points + up to 10X member points + 2X status bonus) | ✗ Fixed 1.5%, with no redemption-value boost |
| Elite night credits | ✓ 5 elite night credits each year (available upon account opening) | ✗ No hotel elite qualification |
| Fourth-night-free redemption | ✓ Spend $5,000 annually to unlock the 4th night free on consecutive 4-night stays | ✗ No hotel free-night redemptions |
| Everyday bonus categories | ✓ 3X points on dining, groceries and gas stations | ✗ A single 1.5% base reward rate |
| Foreign transaction fee | ✓ $0 foreign transaction fee (no issuer fee on overseas spending) | ✗ Usually a 3% fee |
| Annual fee | ✓ $0 annual fee for life | ✓ $0 |
Rewards and everyday benefits
- 5X Card Points at IHG Hotels & ResortsEligible card purchases at participating IHG hotels earn 5X card points. When IHG direct-booking and stay conditions are met, up to 10X member points plus a Silver 20% bonus, up to 2X, bring the total to as much as 17X. Some brands have lower rates.
- 3X Points on Dining, Grocery Stores & Gas StationsEarn 3 points per dollar at restaurants worldwide, including takeout and eligible delivery, grocery stores excluding Target, Walmart and wholesale clubs, and gas stations.
- 2X Points on All Other PurchasesAll other everyday purchases earn 2 IHG points per $1 spent, with no rewards cap.
- 4th Reward Night Free ($5,000 Spend from 2027)No annual spending threshold applies through 2026/12/31. From 2027/1/1, eligible calendar-year spending of $5,000 earns fourth-night-free eligibility for the remainder of that year and the next calendar year, activated about 6–8 weeks after qualifying. On a single standard-room points-only booking of at least 4 consecutive nights at the same hotel, every 4th night costs 0 points. Paid stays and Points & Cash are excluded.
- Automatic Silver Elite StatusHolding the card with an IHG account in good standing provides Silver Elite, applied about 6–8 weeks after opening. Eligible stay base points receive a 20% bonus, and points do not expire while Silver. Eligible calendar-year spending of $15,000 earns Gold status and 10,000 bonus points.
- 5 Elite Night Credits AnnuallyReceive 5 elite night credits about 6–8 weeks after account opening, then by 2/1 (month/day) of each calendar year rather than the card anniversary. After reaching 40 nights, annual lounge membership may be selected within 90 days; it is not automatic.
- Milestone Rewards PathStarting at 20 nights each year, milestone rewards may be selected for every 10 eligible elite qualifying nights. Suite awards and lounge membership require reaching and selecting the relevant milestone. Annual lounge membership may be selected at 40 or 70 nights, within 90 days of qualifying.
- No Foreign Transaction FeesThis card has no foreign transaction fee. Exchange-rate differences, merchant surcharges and dynamic currency conversion (DCC) charges may still apply.
- Auto Rental Collision Damage WaiverPay the entire rental transaction with this card and/or eligible rewards and decline the rental company's CDW/LDW. Eligible vehicle theft or collision damage is covered up to $60,000 for rentals of at most 31 days. Coverage is generally secondary in the United States and may be primary outside it; where local CDW/LDW cannot be declined, coverage is secondary. Third-party liability and personal injury are not covered.
- Baggage Delay InsuranceWhen baggage is delayed more than 6 hours, reimbursement for replacement clothing and necessities is up to $100 per day for at most 3 days.
- Purchase ProtectionEligible purchases damaged or stolen within 120 days of purchase, or 90 days for New York residents, are covered up to $500 per item and $50,000 per account, subject to payment, claim and exclusion terms.
- Extended Warranty ProtectionEligible original U.S. repair warranties with combined warranty terms of at most 3 years may receive 1 additional year, up to $10,000 per item and $50,000 per account, subject to official protection terms.
Frequently asked questions and card tips
It suits travelers who prefer no annual fee, want IHG points from everyday spending or need a backup card without an issuer foreign transaction fee. Suitability depends on redemptions and spending habits; it does not guarantee zero costs or approval for new applicants.
There is no annual spending threshold through 2026/12/31. From 2027/1/1, eligible calendar-year spending of $5,000 earns fourth-night-free eligibility for the remainder of that year and the next calendar year, activated about 6–8 weeks after qualifying. On a single standard-room points-only booking of at least 4 consecutive nights at the same hotel, every 4th night costs 0 points. Paid stays and Points & Cash are excluded. If each night costs 30,000 points, the total falls from 120,000 to 90,000 points; savings vary under dynamic pricing.
Receive 5 elite night credits about 6–8 weeks after account opening, then by 2/1 (month/day) each calendar year, not the card anniversary. At 40 nights, annual lounge membership may be selected within 90 days; it is not automatic. Milestones use eligible nights, while status can also be earned through eligible points or card-spending terms, not solely nights.
Chase's 5/24 is a commonly observed application-review guideline, not an approval guarantee. Under the recorded public terms, this product is unavailable to current holders of any personal IHG card or former personal IHG cardholders who received any personal IHG new-cardmember bonus within 24 months. Business cards are outside this restriction.
