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Chase credit card

IHG One Rewards Premier Select Credit Card

$350 a year. 200,000 IHG One Rewards points after you spend $5,000 in 3 months. Purchase APR 19.49–27.99%, variable. No foreign transaction fees.

Checked Nov 1, 2026Updated

Welcome offer
Annual fee
Purchase APR · variable
Foreign transactions

Select an underlined figure to see where it comes from.

Chase’s terms

Welcome offer

200,000 points

After you spend $5,000 on purchases in your first 3 months.

Spending it takes
$1,667 a month
for 3 months
Tracking since
Oct 8, 2026
history will chart every change

The account must be open and not in default at fulfillment. Bonus points generally post within 6 to 8 weeks. The product is unavailable to current cardmembers or former cardmembers who received a new cardmember bonus for this card within the past 24 months. An additional 10,000 bonus points are available once after adding the first authorized user within the first 3 months from account opening.

Who can get it: If you’ve had this bonus in the last 24 months (2 years), you can’t get it again yet.

“This product is available to you if you do not have this card and have not received a new Cardmember bonus for this card in the past 24 months.”

The issuer’s terms, from its page, as of Oct 10, 2026. Check which bonuses you can get

In dollars

What it’s worth

Yearly value in dollars: rewards and credits minus the annual fee, for three ways of spending. First year includes any welcome bonus.

SpendingValue against the feeFirst yearAfter
Light spender−$350−$350
Typical spender−$350−$350
Heavy spender−$350−$350
The spending each assumes, and what isn’t counted
  • Light spender: groceries $300, dining $100, gas $100, everything else $500 a month
  • Typical spender: groceries $600, dining $300, gas $200, travel $150, everything else $1,250 a month
  • Heavy spender: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500 a month

Assumed: points valued at an assumed 0.5¢; rewards spendable only with IHG One Rewards: not counted (brand_rewards); welcome bonus needs $5,000 in 3 months.

−$350a year

The same in the first year and after.

Rewards and credits$0

−$350 after the fee−$350 annual fee

The spending this assumes

A month: groceries $300, dining $100, gas $100, everything else $500. Assumed: points valued at an assumed 0.5¢; rewards spendable only with IHG One Rewards: not counted (brand_rewards); welcome bonus needs $5,000 in 3 months.

−$350a year

The same in the first year and after.

Rewards and credits$0

−$350 after the fee−$350 annual fee

The spending this assumes

A month: groceries $600, dining $300, gas $200, travel $150, everything else $1,250. Assumed: points valued at an assumed 0.5¢; rewards spendable only with IHG One Rewards: not counted (brand_rewards).

−$350a year

The same in the first year and after.

Rewards and credits$0

−$350 after the fee−$350 annual fee

The spending this assumes

A month: groceries $900, dining $600, gas $300, travel $600, airfare $300, hotels $300, everything else $2,500. Assumed: points valued at an assumed 0.5¢; rewards spendable only with IHG One Rewards: not counted (brand_rewards).

Use your own spending

Estimates from the published terms above, as checked Nov 1, 2026; not advice. How we value cards

Against the market

How it compares

  • Lower top APR than about 40% of the 163 cards on our Sign-up bonuses list (see the list).

Other points cards with fees over $300

Against this card, for our typical spender’s value (rewards and credits minus fees, after the first year).

Shares rounded to 5 points. Fees and APRs as stated; value for our typical spender. Method

IHG One Rewards

How you earn

12×
Hotels participating in IHG One Rewards
6×
Travel, excluding purchases made at hotels participating in IHG One Rewards that qualify for 12 pointsDining at restaurants including takeout and eligible delivery services
3×
Everything else

Points per dollar. “What it’s worth” values a point at an assumed 0.5¢.

Benefits

  • Annual airline statement credit: $200 annual
  • Global Entry, TSA PreCheck or NEXUS application fee credit: $120 every 4 years
  • Instacart credit: $10 monthly
  • Baggage: $100 per day for up to 3 days
  • Baggage: Up to $3,000 per covered traveler; New York residents are additionally limited to $2,000 per bag and $10,000 for all covered travelers per trip
All 7 benefits
  • Purchase protection: Up to $500 per item; for New York residents, the coverage period is 90 days
  • Trip cancellation: Up to $5,000 per covered traveler and $10,000 per trip

Every figure with its receipt

Rates and fees

Annual fee
Purchase APRvariable
Balance transfer APR
Balance transfer fee
Foreign transactions

Before you apply

  1. What the application asks: your name, address, date of birth, Social Security number (or ITIN), income and housing payment. By law the issuer must consider your ability to pay (Regulation Z, 1026.51).
  2. Your credit report: applying usually means a hard inquiry, which can lower your score slightly for a while. Some issuers let you check whether you’re pre-approved first without one. How credit reports work (CFPB)
  3. The bonus: If you’ve had this bonus in the last 24 months (2 years), you can’t get it again yet.

Questions

What is the annual fee?
$350 · sites.chase.com, since Oct 8, 2026
Does it charge a foreign transaction fee?
No. · sites.chase.com, since Oct 8, 2026
What is the purchase APR?
19.49–27.99% APR · sites.chase.com, since Oct 8, 2026
Is there a welcome bonus?
200,000 IHG One Rewards points after $5,000 in purchases in 3 months. · chase.com, since Oct 10, 2026
See it on chase.com

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