IHG® Rewards Club Premium Credit Card
|Representative APR (variable)||Purchase interest p.a.||Cash withdrawal APR||Annual card fee|
The interest rate for borrowing that at least 51% of the customers accepted will pay.
The annual interest rate you'll pay on new purchases.
The interest rate you'll pay on cash you withdraw from an ATM.
The fee you'll pay for having the card each year, if any.
- This credit card has a high representative APR of 20% or more so borrowing with this card is expensive compared to others.
- This credit card has a high annual fee of more than £25, making it more expensive to use overall than others with the same APR.
Reward scheme details
Earn 20,000 IHG Rewards Club bonus points when you spend £200 in the first 3 months of opening your account. Earn 2 points for every £1 you spend in the UK, 4 points for every £1 you spent in an IHG location in the UK, and 4 points for every £1 you spend abroad. Your points can be redeemed on anything from free hotel stays at IHG properties like Crowne Plaza and Holiday Inn, to some well-deserved retail therapy. Platinum Elite status when you open your account. 0% interest for 12 months on balances transferred from other credit cards within the first 3 months of opening your account.
- Representative Example
- Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 19.9% (variable), with a £99 annual fee, representative 41.5% APR (variable). Credit available subject to status.
Creation Financial Services customer satisfaction scorecard:How do we work this out?
|Keeping you up to date with new deals||Transparency of charges / penalties||Online account management||Customer service||Overall customer score|
|Can be used for building credit rating||No|
|Minimum income required to open account||Not provided|
|Opening account is by invitation only||No|
|Account is for existing customers only||No|
|Further notes about eligibility||N/A|
|Minimum age to open an account||18|
|Rate period||12 months|
|Limit period days||90|
|Rate period||0 months|
|Maximum interest free days (purchases)||50|
|Days to pay||20|
|Monthly payment min %||1.0%|
|Monthly payment min £||£5|
|Returned payment fee||£12|
|If you exceed credit limit||£12|
|Foreign usage fee (Europe)||2.99%|
|Foreign usage fee (worldwide)||2.99%|
|Charges for cash withdrawals||Yes|
|Cash withdrawal percent||3.0%|
|Reward is charity donation||No|
|Reward is cash back||No|
|Reward is Airmiles||No|
|Reward is points||Yes|
|Reward is vouchers||No|
|Reward is travel||No|
|Reward is Avios||No|
|Reward is discount||No|
If you do not pay the total outstanding balance in full by the payment due date, the amount you pay will be allocated to higher interest rate balances before lower interest rate balances. Where fees and charges are payable, your payment will be allocated to the interest rate applicable to these fees and charges relating to any higher interest rates first.