Recap: IHG Card Shake-up, Increased Bonus on Chase Ink Business Cash, Last Call on WF Propel World and More

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1) As I’ve mentioned on Monday, it seems that big changes are coming to Chase IHG co-branded credit card. The rumor is becoming more and more credible, especially since there is now a screenshot with details on the new product. As I’ve said in the update to the post, I like the current version  better, but this will not be true for everyone. I personally much prefer a flat 10% rebate to getting every 4th night free, because many of our getaways occur on a weekend.

I am a bit concerned about the language on the new card. It says “free night each year at eligible hotels”. What exactly does it mean? Will there be a category restriction? Hopefully, they are talking about  properties being available via points. Nobody knows at this point, but it is something to keep in mind. Assuming the “free night” benefit stays the same,  paying an extra $40 in annual fee will be worth it for some. You may even be able to hold both products at the same time.

2) The bonus on Chase Ink Business Cash card has been increased to 50,000 points or ($500). Here are the details on the product (which pays us commission):

• Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
• Named “Best Rewards Card for Small Business Owners” by Kiplinger’s Personal Finance, July 2017

• Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
• Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
• Earn 1% cash back on all other card purchases with no limit to the amount you can earn
• 0% introductory APR for 12 months on purchases and balance transfers
• Employee cards at no additional cost
• No Annual Fee

If you have a business, this is a very good offer to consider. You actually get points, which you can combine with those earned via premium cards like Chase Sapphire Reserve or Chase Sapphire Preferred. So, in reality, you can redeem 50,000 points towards as much as $750 in travel. This is a limited-time offer, so I’m not sure how long it will be available. The card is subject to  5/24 rule

3) Last call on Wells Fargo Propel World card, which might disappear after tomorrow. You can read about my recent experience applying for it here

4) Even though I don’t have any Citi Thank You cards at the moment, I got this email:

“Get $50 off your total hotel booking of two or more consecutive room nights booked on the ThankYou Travel Center. All hotels available on the travel rewards site are eligible, subject to availability of desired dates and room type. Reservations can be booked up to 330 days in advance. Must enter promo code CITI50 at checkout. Discount may be applied to multiple hotel reservations placed in one order. Program Terms and Conditions apply. This promotion ends at 11:59 PM EST on 4/30/18.”

It should be stackable with “4th night free” benefit from Citi Prestige, so you can potentially score a pretty good deal.  Update: reader Audrey has mentioned that reports indicate it’s not stackable.

A reminder: the sign-up bonus on Citi Thank You Premier card has been recently increased to 50,000 points.

Click here to view various credit cards and available sign-up bonuses