Update: This offer for the IHG® Rewards Club Premier Credit Card has expired. Learn more about the current offers here.
I have a lot of credit cards — 25 at this point, to be exact — and for the most part I’m really happy with my credit card portfolio.
The six credit cards I’ve picked up recently
For a while there were a lot of credit cards that I really wanted, and I’ve made good progress on acquiring them in the past several months. Since October 2018 I’ve picked up six cards, all of which I’ve had my eye on for quite a while. I’ve applied for:
- The Ink Business Preferred℠ Credit Card, which has a $95 annual fee, a welcome bonus of up to 80K points, offers 3x points in select categories, and has an excellent cell phone protection plan
- The Ink Business UnlimitedSM Credit Card, which has no annual fee, a welcome bonus of up to 50K points, and offers 1.5x points on all purchases
- The World of Hyatt Credit Card, which has a $95 annual fee, an excellent welcome bonus, offers five nights towards status annually, and much more
- The Capital One® Spark® Miles for Business, which has a $95 annual fee (waived the first year), offers a generous welcome bonus, and which now earns points that can be transferred to airline programs
- The Hilton Honors American Express Aspire Card, which has a $450 annual fee, a welcome bonus of up to 150K points, and offers Diamond status, an annual weekend night reward, a $250 airline fee credit every calendar year, and a $250 Hilton resort credit every cardmember year
- The Alaska Airlines Visa® Business Credit Card, which has a $75 annual fee (for one user), offers a good welcome bonus, and an annual $121 companion certificate
The one card I still want
Like I said, at this point I’m really happy with the cards I have, though there is one other card I really want but can’t get, and I’m jealous of those of you who can get it.
Specifically, I’m talking about the IHG® Rewards Club Premier Credit Card, which was introduced last year.
I have the IHG Rewards Club Select Credit Card, for which they stopped accepting applications about a year ago. While I could upgrade from the old card to the new card, you can actually have both cards, and there are benefits to doing so.
The old card that I have offers an anniversary free night certificate valid at any IHG hotel retailing for up to 40,000 points per night and a 10% refund on redeemed points, for a total of up to 100,000 refunded points per year.
- An anniversary free night certificate valid at any IHG hotel retailing for up to 40,000 points per night
- IHG Rewards Club Platinum status for as long as you have the card
- A fourth night free on award redemptions, which can be used an unlimited number of times
- A TSA Pre-Check or Global Entry fee credit once every four years
So by having both cards there are some great benefits I could stack. I could get two anniversary free night certificates every year, and I could also stack the 10% refund on redeemed points with the fourth night free on award redemptions.
In other words, if I made a four night booking for 25,000 points per night, I’d end up paying just 67,500 points (the fourth night would be free, and then I’d get 10% of the 75,000 points that I redeem back). That’s an excellent value.
The reason I haven’t been able to get this card is because the IHG Rewards Premier Card is subjected to the 5/24 limit, and I’m over that at the moment. So it’s a card I could get eventually, but not for now.
On top of that, through May 1, 2019, the card has its best ever welcome bonus, of 120,000 IHG Rewards Club points, structured as follows:
- 80,000 IHG Rewards Club points after spending $2,000 within the first three months
- An additional 40,000 IHG Rewards Club points after spending $5,000 within the first six months (that’s an incremental $3,000 of spend)
So if you don’t have the IHG Rewards Premier Card but are eligible for it, I’d highly recommend applying.