IHG(R) Rewards Premier Business Credit Card Review

The IHG Rewards Premier Business Credit Card is a new business rewards card that offers big value for overnight stays at IHG hotels and resorts, as well as bonus points for other common business expenditures, such as travel, dining, advertising and office supplies. With a $99 annual fee and no foreign transaction fees, this card also offers a welcome bonus of 140,000 points when you spend $3,000 within three months of opening the account.

As a IHG Rewards Premier Business Credit Card holder, you’ll enjoy automatic Platinum Elite Status, a reward night each card anniversary, an additional reward night when you book a three-night stay with your reward points and up to $50 in United Airlines TravelBank Cash each calendar year.

IHG Rewards Premier Business Credit Card review: Business owners who frequently stay at IHG hotels can accrue a significant amount of points with this card, and they can earn bonus rewards when they use it to pay for common business expenses.

Pro

  • Low annual fee: Compared with some business cards, the IHG Rewards Premier Business Credit Card offers significant perks for a $99 annual fee.
  • Sign-up bonus: You only need to spend $3,000 within the first three months to earn the 140,000 welcome bonus. Some business card sign-up bonuses have higher spending requirements.
  • Free hotel stays: You can earn a reward night each card anniversary and every time you book a three-night stay using your rewards points.

Cons

  • No introductory period: Some business cards offer an introductory 0% APR period for purchases or balance transfers, but the IHG Rewards Premier Business Credit Card does not.
  • High rates: Another card might suit you better if you plan to carry a balance.

How To Maximize Rewards With the IHG Rewards Premier Business Credit Card

With the IHG Rewards Premier Business Credit Card, earning up to 26 points per dollar spent on stays at an IHG hotel. You can earn five points per dollar on travel, dining, social media and search engine advertising, and at office supply stores and gas stations. All other purchases earn three points per dollar. Maximize your rewards by booking IHG hotel stays and all other travel with your card.

Redeem your points for flights, car rentals and stays at IHG hotel brands, such as InterContinental Hotels & Resorts, Crowne Plaza, Kimpton Hotels & Resorts, Even Hotels, Hotel Indigo and Holiday Inn.

Comparison With Other Credit Cards

Annual fee: The IHG Rewards Premier Business Credit Card charges a $99 annual fee, whereas the Marriott Bonvoy Business American Express Card charges a $125 annual fee.

Rewards: With the IHG Rewards Premier Business Credit Card, you earn up to 26 points per dollar spent when you stay at an IHG hotel. You also earn five points per dollar on travel, dining, and social media and search engine advertising, and at office supply stores and gas stations. All other purchases earn three points per dollar. With the Marriott Bonvoy Business American Express Card, earning six points per dollar for eligible purchases at Marriott Bonvoy hotels, four points at US restaurants and US gas stations, and four points on wireless phone services and shipping. You earn two points for all other purchases.

Welcome offer: With the IHG Rewards Premier Business Credit Card, earn 140,000 bonus points after spending $3,000 on qualified purchases within three months of opening the account. Marriott Bonvoy Business American Express Card holders earn 75,000 Marriott Bonvoy points after spending $3,000 within the first three months.

Benefits: Enjoy a reward night after each IHG Rewards Premier Business Credit Card account anniversary at eligible IHG hotels worldwide. You can also earn an additional night free when you redeem points for any stay of three or more nights. Cardholders earn up to $100 in statement credit every four years for Global Entry, TSA PreCheck or Nexus and enjoy trip interruption/cancellation insurance. With the Marriott Bonvoy Business American Express Card, receive one free night each card anniversary and another free night after you spend $60,000 in a calendar year. You also receive complimentary in-room premium internet access while staying at Marriott Bonvoy properties.

Annual fee: The IHG Rewards Premier Business Credit Card charges a $99 annual fee. The Business Advantage Unlimited Cash Rewards Mastercard charges no annual fee.

Rewards: With the IHG Rewards Premier Business Credit Card, you earn up to 26 points per dollar spent when you stay at an IHG hotel. You also earn five points per dollar on travel, dining, and social media and search engine advertising, and at office supply stores and gas stations. All other purchases earn three points per dollar. Bank of America Business Advantage Cash Rewards credit card holders earn 3% cash back in a category stations of their choice, including gas, travel or business consulting services. On top of that, the card offers 2% cash back on dining. The 3% and 2% cash back earnings are eligible on up to $50,000 in combined purchases each year. The card earns 1% on everything else. If you have a business checking account with Bank of America, you may qualify for higher rewards rates.

Sign-up bonus: With the IHG Rewards Premier Business Credit Card, you can earn 140,000 bonus points after spending $3,000 on qualified purchases within three months of account opening. With the Bank of America Business Advantage Cash Rewards credit card, get a $300 statement credit after you spend $3,000 within the first 90 days of account opening.

Benefits: Enjoy a reward night after each IHG Rewards Premier Business Credit Card account anniversary at eligible IHG hotels worldwide. You can also earn an additional night free when you redeem points for any stay of three or more nights. Cardholders earn up to $100 in statement credit every four years for Global Entry, TSA PreCheck or Nexus and enjoy trip interruption/cancellation insurance. The Bank of America Business Advantage Cash Rewards credit card offers a 0% introductory APR on the first nine billing cycles, travel insurance and an option to connect to your Bank of America banking account.

What Are the Fees Associated With the IHG Rewards Premier Business Credit Card?

  • Annual fee: There is a $99 annual fee.
  • Foreign transaction: There is no fee for foreign transactions.
  • Balance transfer fee: The IHG Rewards Premier Business Credit Card charges either $5 or 5% of each transfer, whichever is greater.
  • cash advance fee: You’ll pay $15 or 5% of each cash advance transaction, whichever is greater.
  • Penalty fee: Pay up to $40 for any late or returned payment.

Should You Get the IHG Rewards Premier Business Credit Card?

  • Often stay at IHG hotels.
  • Have no plans to carry a balance.
  • Will spend at least $3,000 within the first three months.

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