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IHG Anniversary Free Night time Will Be Capped at 40Ok
A few week in the past Mark wrote in regards to the Chase IHG card being discontinued and speculated on what we’d count on. He famous that the brand new increased annual payment card could or could not include the free evening perk. And if it does include the free evening perk it might be class locked just like the Chase Hyatt and Marriott playing cards are. It seems to be like he could be proper. Chase has ship out notices to cardholders warning that Anniversary Free Nights issued after Might 1, 2018 will probably be restricted to decrease classes.
IHG Anniversary Free Nights
One Mile at a Time posted earlier in the present day the discover that was despatched to 1 reader, a IHG Rewards Membership Choose Credit score Card holder. Right here’s what it says:
Replace: We’re altering the Anniversary Free Night time in your IHG Rewards Membership Choose Credit score Card
Thanks for being a Chase buyer. On Might 1, 2018, we’re altering the Anniversary Free Night time profit related together with your IHG Rewards Membership Choose Credit score Card.
Right here’s what’s altering
Presently, we award this Anniversary Free Night time every year after your anniversary date, and it’s redeemable at any IHG property. Going ahead, Anniversary Free Nights issued after Might 1, 2018, will probably be redeemable at eligible IHG resorts with a redemption worth as much as and together with 40,000 factors.
Reward Nights value anyplace between 10,000 factors to 70,000, so this modification will put their finest properties out of attain. Having the ability to redeem that Anniversary Free Night time at any property, made the cardboard actually priceless to carry long run. It can nonetheless offers you good worth, however not anyplace near what it’s now.
It is a large devaluation of the Anniversary Free Night time for IHG Rewards Membership Choose Credit score Card holders. It additionally could be a touch at what we’d count on for his or her new IHG Rewards Membership Premier Credit score Card that’s anticipated to return out quickly.
I believe the cardboard would nonetheless be value holding after this devaluation, as a result of a 40Ok evening is extra priceless that the annual payment of $49.
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