Chase and IHG have a co-branded credit card portfolio . In a separate post, I’m covering how the entire existing card portfolio has been overhauled . In this post, I’d like to focus on the brand new premium card that has just been launched, which is the $350 annual fee IHG One Rewards Premier Select Credit Card . If you stay at IHG properties with any frequency, there’s good value to be had here.

Link: Learn more about the IHG One Rewards Premier Select World Elite Mastercard

The new IHG One Rewards Premier Select World Elite Mastercard has a $350 annual fee, and offers the following key perks:

To celebrate the launch, for applications through November 18, 2026, the IHG One Rewards Premier Select Card has a welcome offer of 200,000 points after spending $5,000 within the first three months. Note that eligibility for this card, including the welcome bonus, is unrelated to having any other IHG credit card. So you’d be eligible for the welcome offer if you have one of the other IHG credit cards, whether personal or business.

As you can see, IHG’s new premium credit card falls in the $300-400 price range, which seems to be a new price point that card issuers are increasingly adding, as a middle ground between the reasonable annual fee cards (fees of around $100) and the ultra premium cards (fees of $600 or more). This is in the same general range as the Atmos™ Rewards Summit Visa Infinite ® Credit Card ( learn more ), Citi® / AAdvantage® Globe™ Mastercard® ( learn more ), etc.

What’s my take on the new IHG One Rewards Premier Select Card ? Well, I think like the value proposition of many other premium cards nowadays, the math works out quite nicely if you actually stay at IHG properties with any frequency. It’s just a function of how much effort you’re willing to put in. A few thoughts on the value proposition:

As I see it, the airline credit and free night award alone more than justify the annual fee on the IHG One Rewards Premier Select Card by a wide margin, and everything else is just the icing on the cake. So yeah, I think there’s lots of merit to picking up this card, if you’re eligible to be approved for Chase cards.

The first year value proposition is also particularly good. Not only do you get the huge welcome offer, but you can potentially take advantage of things like the airline credit twice before the second annual fee is even due.