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IHG Rewards Club Premium Credit Card: Earn Hotel Rewards

The IHG Rewards Club Premium Credit Card is a hotel rewards card. Annual spend at least £10,000 a year on their cards triggers a free night voucher. As this voucher can be used at any hotel, you can enjoy a free night in a luxury hotel every year. Rewards rates on general spending are around 1%; those staying at IHG properties throughout the year will earn 2% on that spend. With over 5,000 hotels in the portfolio, including the luxury InterContinental hotels, there is a large selection of hotels in which to redeem your points.

IHG Rewards Club Premium Credit Card Features

  • Earn 2 IHG Rewards Club points for every £1 spent in the UK
  • Earn 4 points for every £1 spent in an IHG location
  • Earn 4 points for every £1 spent abroad
  • Platinum Elite status
  • Earn a free night voucher (each year you spend £10,000)
  • Earn 20,000 bonus points (spend £200 in the first 3 months)
  • £99 annual fee
  • 19.9% purchase APR (variable)


  • 20,000 point welcome bonus
  • Earn a free weekend night stay (in years you spend £10,000)
  • Earn points on all spending
  • Double points on IHG and foreign spend


  • Annual fee

IHG Rewards Club Premium Credit Card Review

The IHG Rewards Club Premium Credit Card is a hotel rewards card, offering rewards rates around 1% on general spending and 2% when you book stays at IHG properties. Specifically, for every £1 you spend on the IHG Rewards Club card at IHG properties, you'll earn 4 points. You'll also earn 4 points per £1 spent abroad. Every £1 spent elsewhere earns you 2 points. Given our estimated value of an IHG point to be 0.5 pence, you could see ongoing rewards rates of 2% on IHG spend and 1% elsewhere. This, of course, depends on how you redeem your points.

Cardholders can also earn a 20,000 point welcome bonus worth roughly £100 and a free night stay in every year they spend at least £10,000 on the card. The following chart shows estimated rewards from a selection of hotel rewards cards (IHG in orange).

A graph showing the rewards over first two years with the 3 best hotel rewards card, the SPG Credit Card, the IHG Rewards Club Premium Credit Card, and the Hilton HHonors Credit Card, for average UK spending and higher spending
Estimated Hotel Rewards over 2 Years, for both Average UK Household Spend and Higher Spending

The IHG free night voucher, which cardholders can earn in any year they spend at least £10,000, can be redeemed at any hotel. It's only good for a standard room, but you could indulge in a free night at InterContinental Park Lane in London or InterContinental Le Grand in Paris for a quick getaway or perhaps use the voucher to pay for one night of a longer holiday, at the Moorea Resort and Spa in French Polynesia, for instance.

Spending of £10,000 a year will cover the annual fee and will trigger the free night voucher. While you can convert your IHG points to air miles on dozens of airlines, this is generally a poor use of points. You are likely to achieve a value of 0.2 pence per point when used for flights, much less than the 0.4 - 0.6 pence per point you can achieve when redeemed for IHG stays.

While you'll earn 4 points per £1 spent abroad, all foreign transactions are subject to a standard 2.99% foreign currency conversion fee. A bit of give and take here. Given a value of 0.5 pence per IHG Rewards point, you'll earn rewards of 2% on your foreign transactions but incur a fee costing 2.99%, still leaving you out of pocket by 0.99% on all non-sterling spend. For more information on spending abroad, see our article on No Foreign Transaction Fees.

Bottom Line: The IHG Rewards Club Premium Credit Card earns a hotel rewards rate of around 1% on general spendingn and 2% on IHG spend. Annual purchases of £10,000 a year will trigger a free night voucher.

IHG Rewards Club Points

The IHG Rewards Club Premium card is all about earning points that you can redeem for hotel stays or flights, retail vouchers, or car rentals. If you'd rather use your IHG Rewards points to fly, they can be exchanged for seats on dozens of airlines. The mileage redemption rate varies by airlines. Here is a list of some of the more popular airlines that fly out of the UK, all of which convert IHG Rewards points to miles at a rate of 10,000 points to 2,000 miles (5:1):

Popular Air Partners in the UK

  • Air France
  • Luftansa
  • Virgin Atlantic Flying Club
  • British Airways
  • South African Airways
  • Qantas Airlines
  • KLM
  • TAP Air Portugal

Hotels in the IHG Portfolio

The IHG portfolio encompasses 12 brands with over 5,000 properties in more than 100 countries, spread around the globe. Properties range from no-frills airport hotels to ultra luxury city and resort properties. Here is a list of the IHG brands:

IHG Brands

  • InterContinental
  • Even Hotels
  • Holiday Inn
  • Holiday Inn Resort
  • Kimpton
  • Hualuxe
  • Holiday Inn Express
  • Staybridge Suites
  • hotel Indigo
  • Crowne Plaza
  • Holiday Inn Club Vacations
  • Candlewood Suites

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