IHG Rewards Club Premier Mastercard Review

IHG Rewards Club Premier Mastercard is a rewards credit card issued by Chase Bank. 

This card is designed for people with fair credit. The minimum credit score to apply is 650. If you're wondering whether IHG Rewards Club Premier Mastercard is the right card for you, read on. This is everything you need to know to make a good choice.

Pros & Cons of IHG Rewards Club Premier Mastercard

The Good

The Bad

Multiple credit card perks. Cardholders can earn rewards on their purchases. Global Entry / TSA Precheck Fee Credit. Purchase Protection. Trip Cancellation Insurance. Earn rewards on every purchase. Bonus points can be used at hotels such as InterContinental, Crowne Plaza, Kimpton, EVEN Hotels, Indigo Hotels & Holiday Inn. 40 points total per $1 spent when you stay at any of IHG's 5,600+ hotels worldwide for 12 months. Fourth Reward night free when you redeem points for any stay of 4 or more nights. Enjoy a Free night after each account anniversary year at IHG hotels worldwide.

Higher than average purchase APRs. Charges an annual fee of $89. Does not report to credit bureaus. Note that points will be lost if a card holder does not make the minimum payment on their account within 60 days of the due date. Annual fee is charged immediately. There is no free introductory year.

Is there a IHG Rewards Club Premier Mastercard cash back or rewards program?

IHG Rewards Club Premier Mastercard offers a rewards program to its customers.

IHG Rewards Club Premier Mastercard Rewards

Rewards rate (all purchases)	1%
Max rewards rate	4%
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus (Points/Miles)	125000
Signup Bonus Spend Requirement	$3000
Signup Bonus Spend Period (months)	3 months

What are the IHG Rewards Club Premier Mastercard benefits?

IHG Rewards Club Premier Mastercard provides the following benefits:

• Trip Cancellation Insurance
• Zero fraud liability
• No blackout dates when redeeming miles

What are the relevant APRs for IHG Rewards Club Premier Mastercard?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. IHG Rewards Club Premier Mastercard has higher than average purchase APRs.

IHG Rewards Club Premier Mastercard has a variable purchase APR that ranges from 17.99% up to 24.99%. The card has a variable balance transfer APR that ranges from 17.99% up to 24.99%. It also has a variable cash advance APR starting at 26.99% .

IHG Rewards Club Premier Mastercard Balance Transfers

Description
Balance Transfer APR	17.99% - 24.99%
Introductory Rate	N/A
Intro APR period (months)	N/A

IHG Rewards Club Premier Mastercard Rates & Terms

Description
Balance Computation	daily balance method (including new transactions)
Purchase APR	17.99% - 24.99%
Credit Limit	N/A
Penalty APR	N/A
Cash Advance APR	Starting at 26.99%
Security Deposit	N/A
Introductory Rate	N/A
Intro APR period (months)	N/A

What are the IHG Rewards Club Premier Mastercard fees?

The following fees apply to IHG Rewards Club Premier Mastercard:

IHG Rewards Club Premier Mastercard Fees

Fees	Amount
Annual Fee	$89
Balance Transfer Fee	5%
Minimum Balance Transfer Fee	$5
Returned Payment Fee	up to $39
Late Payment Fee	up to $39

How to apply for IHG Rewards Club Premier Mastercard

• Visit the IHG Rewards Club Premier Mastercard website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.