New Year, New Chase. That seems to be the motto so far. We’ve already seen some big changes to the Chase Sapphire Reserve, and Chase is continuing with the momentum.
Today, Chase has launched the new Chase United Business Card, which (at least for now) will be the second United co-branded business card offered by Chase.
Chase isn’t stopping there. We are also seeing the highest offer ever on the IHG Rewards Club Premier Credit Card, which just launched this morning.
Let’s take a look at the new United Business Card and the new offer on the IHG card to better understand if these cards fit into your current credit card strategy.
New United Business Card Details
The new United Business Card has some new perks that you’ll find in line with Chase’s recent changes. The old benefits are still here, but there’s some new earning opportunities.
The new United Business Card will have a modest annual fee increase. The new annual fee is $99 compared to $95 on the United Explorer Business Card.
To celebrate the launch of the new United Business Card, Chase is offering 100,000 bonus miles after you spend $10,000 in the first three months.
In addition to the bonus, you’ll receive the following new benefits:
- You’ll earn 2 miles for every dollar spent on local transit and commuting. This includes taxis, public transportation, tolls, and ride share services
- You’ll earn 5,000 bonus miles on your anniversary if you have both the United Business Card and a personal United card
- Receive a $100 annual travel credit on United after making seven United flight purchases of $100 or more
- All inflight purchases on United flights will earn 25% back
These are in addition to the benefits previously available on the old United Explorer Business Card:
- 2 miles per dollar on United purchases, gas stations, office supply stores, and restaurants
- 1 mile per dollar on all other purchases
- Free first checked bag on United flights
- Priority boarding on United Flights
- 2 United Club one-time passes every year, including your first year
- No foreign transaction fees
These are a lot of benefits for a modest $4 annual fee increase.
Higher bonuses on the IHG Rewards Club Premier Card
In addition to the new United Card, Chase is increasing the bonus offering on the IHG Rewards Club Premier Card.
You’ll earn 140,000 points after spending $3,000 in 3 months. This is the highest bonus we’ve ever seen on this card.
IHG points are great to use for IHG Points Breaks where you can get a night at select hotels for as low as 5,000 points. These change every quarter, so if there’s no hotels on your radar now you may be able to snag some great hotels at huge discounts. You can also get some good value for your points at family friendly IHG resorts.
Who Is Eligible For These Cards?
Current cardholders or previous cardholders who earned the bonus in the past 24 months are not eligible to earn a new cardholder bonus on these cards. Both cards are restricted by the Chase 5/24 rule.
The United Business Card is technically a new product and it has been confirmed to us that there is no restrictions on earning this new card bonus that are related to the other United Explorer Business Card.
Meaning that in theory you could have both cards if you wanted.
My Two Cents
The bonus offering on the IHG card is the highest ever. If it has been on your radar now is the time to get it.
Chase’s new United Business Card has some interesting improvements that particularly benefit travelers who fly United frequently. If you’re flying United often, the 25% in flight savings will easily make up for the $4 annual fee increase.
Overall, the new benefits are trying to promote more actual flying on United. If you’re using your points to fly on partner airlines, two of the new benefits won’t matter to you. Even if traveling on United, the $100 credit requires you to be a loyal flyer, flying 7 flights costing $100 or more to get the credit.
The 2 points per dollar spent on transit and commuting seems like an odd category choice, especially since Chase just added Lyft as an earning partner on the Sapphire Reserve. This is broader though, and a good option for earning more United miles.
Overall, I think the new options are great. Nothing is taken away and the benefits are expanded for only $4 per year. Frequent United fliers will find the most value in the new United Business Card, but overall it remains a solid option that will keep its spot as one of the best credit cards for people under 5/24.
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