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When it comes to credit card welcome offers, somewhere between 50,000 and 70,000 miles or points is standard. But bonuses that are closer to six figures are less common. Right now, the IHG Rewards Club Premier Credit Card has a six-figure welcome offer that tops even Marriott's, making it one of the best we’ve ever seen: For a limited time, if you spend $3,000 within the first three months of opening the IHG Premier Card, you’ll earn a whopping 150,000 IHG Rewards Club Points.
With the welcome bonus alone, you could cash in as many as 15 hotel nights (rewards nights start at 10,000 points and go up to close to 100,000). Or, you could go all in on a few nights at a top-tier property. While the point values are dynamic, meaning IHG does not have a fixed amount of points to book any of its hotels, some of the high-value properties include the InterContinental London Park Lane and Hong Kong’s Venetian Macao, which typically cost around 70,000 points per night. There's also the Kimpton De Witt Hotel in Amsterdam, usually around 55,000 points per night, and the InterContinental Bali Resort is another stunning option.
While not quite as valuable, you can also redeem your points for air miles on IHG’s partner airlines, which include Air France, Alaska Airlines, American Airlines, and British Airways. Conversion rates vary by airline, but the four mentioned offer 2,000 miles for every 10,000 IHG points, so the welcome offer would convert to around 25,000 airline miles.
The right card can make your trips more comfortable, affordable, and fun.
Beyond the vast amount of points being offered, this card is one of our top-rated hotel cards overall. The InterContinental Hotel Group umbrella encompasses a number of notable hotels, including Kimpton Hotels, Six Senses Hotels & Resorts, and Regent Hotels. It has a relatively low $89 annual fee and comes with a number of perks, including automatic Platinum Elite status with IHG. Cardholders are given an annual free night to be used on properties worth 40,000 points and under, and a fourth night free when redeeming points for stays four nights or longer. Plus, a Global Entry credit or TSA PreCheck credit of up to $100 is offered every four years. Cardholders earn 25 points per dollar spent at any of IHG's 5,600-plus properties, and two points per dollar spent at gas stations, grocery stores, and restaurants. All other purchases earn one point per dollar.
For those who frequent IHG properties—or like traveling with pets, as Kimpton is extremely pet-friendly—the card is certainly worth considering. If you're looking for a hotel-centric card with no annual fee, IHG's Rewards Club Traveler Credit Card offers 15 points per dollar on purchases at IHG hotels and resorts compared to the Premier card's 25.
There are a few rules surrounding the offer. If you already have the card, you cannot take part in the deal, nor can you if you are a previous cardholder who has received a new cardmember bonus on this card in the last 24 months. However, if you have other versions of the IHG card, like the IHG Traveler’s Club Credit Card, you are eligible. As a Chase credit card, it is also subject to the 5/24 rule, which means you won’t be approved if you’ve opened five or more new accounts in the last 24 months.
Learn more about the IHG Rewards Club Premier Credit Card here.
Condé Nast Traveler has partnered with CardRatings for our coverage of credit card products. Condé Nast Traveler and CardRatings may receive a commission from card issuers.
This article has been updated with new information since its original publish date.
Originally Appeared on Condé Nast Traveler