Points · Mastercard · No annual fee
Last verified 2026-10-26. Review issuer source
Chase IHG One Rewards is a no-annual-fee points card from Chase. Its best everyday rates are 3x on dining, 3x on gas stations, and 3x on grocery stores; everything else earns 2x. There is also 5x on IHG Hotels & Resorts, a single-merchant rate. Rewards are IHG One Rewards points that only spend inside that program, so we value them at roughly a third of a cent each.
On our reference budget of $24,600 a year it returns about $204, an effective 0.8% back. The welcome bonus, 125,000 points after $2,000 in 3 months, is the strongest reason to open it in a given year.
Get it if you already fly or stay with IHG One Rewards often enough to use the perks. A general travel card earns points that go more places.
Earn 3X total points on dining
Earn 3X total points at gas stations
Earn 3X total points at grocery stores
Up to 17X total points at IHG® Hotels and Resorts - That's 5X points with this card. Plus up to 10X points from IHG® for being an IHG One Rewards member. Plus up to 2X points from IHG® with Silver Elite Status, a benefit of this card.
Earn 125,000 Bonus Points after you spend $2,000 on purchases in the first 3 months from account opening.
Get 5 Elite Night Credits (ENC) on your account opening and at the start of each calendar year, providing a head start towards a Milestone Reward and your next status tier.
Automatic Silver Elite Status as long as you remain an IHG One Rewards Credit Card cardmember.
Reimburses you up to $100 a day for up to 3 days for essential purchases like toiletries and clothing when baggage is delayed over 6 hours.
Get one-year complimentary DashPass by DoorDash ($120/year in value), that provides unlimited deliveries with $0 delivery fees and lower service fees on eligible orders. After that, you are automatically enrolled in DashPass at the current monthly rate. Activate by Dec 31, 2027. Plus, get up to $10 off monthly on groceries, everyday essentials, and more on DoorDash through Dec 31, 2027 as long as you remain enrolled in your Chase DashPass membership. Only for enrollees who sign up for this Chase DashPass membership on or after Sep 1, 2026.
Earn 10,000 bonus points after you spend $15,000 on purchases each calendar year.
Starting in 2027, spend $5,000 on purchases in a calendar year and unlock a 4th Reward Night free when you redeem points for a consecutive four-night stay. This benefit will be available for the remainder of the year you qualify and the subsequent calendar year.
Each calendar year you make purchases totaling $15,000 or more, you, as the primary cardmember, will qualify for Gold Elite Status through December 31st of the following year.
Receive a monthly $10 Instacart credit, up to $120 annually, plus a complimentary 3-month Instacart+ membership. Service fees and terms apply. Membership auto-renews at $99/yr. Active Instacart+ membership is required to receive your $10 monthly credit.
Provides reimbursement up to $3,000 per covered traveler for the cost to repair or replace checked or carry-on baggage that is lost, damaged or stolen during a covered trip.
Covers your eligible new purchases for 120 days from the date of purchase against damage or theft up to $500 per item.
Save 30% when you purchase points with your IHG One Rewards credit card.
If your trip is canceled or cut short by sickness, severe weather or other covered situations, you can be reimbursed up to $5,000 per covered traveler and $10,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours, and hotels.
These come from Mastercard, not from Chase. Every card on the World Elite Mastercard tier carries them, so they should not decide between two cards.
A smooth departure starts with Fast Track access. Use your World Elite Mastercard to purchase* discounted access to a dedicated security lane for you and your guests at select airports in 30+ countries outside the U.S. Enjoy this benefit as part of The Mastercard Collection.
Call 1-800-MASTERCARD (1-800-627-8372) for 24/7 assistance to report a lost or stolen card.
More rides means more adventure. Take three rides in a month with Lyft to earn a $5 credit.3* Plus, save 10% on all scheduled rides to or from U.S. airports when you pay with your World Elite or World Legend Mastercard. Offer expires 1/31/2027.
Complimentary 24/7 concierge agent for lifestyle needs, travel bookings and event access.
Get exclusive PGA TOUR® experiences and access amazing golf benefits with our Golf Concierge Service.
Monitor your credit file for fraud, get alerts for suspicious activity and access a resolution specialist.
Mastercard gives you exclusive access to premium preferred seats and ticket presales at top venues and festivals across the U.S. Eligibility restrictions, exclusions and terms apply. Offer expires 3/31/2027.
Save when you tap and go with your eligible Mastercard and receive a $2.50 statement credit when you spend $10 or more each month at participating transit systems.
Enhance travel with cash back rewards when traveling internationally and shopping from your home.
Get $3 off Peacock Premium or Peacock Premium Plus each month when you use your World Elite or World Legend Mastercard to subscribe. Watch new movies from theaters, buzzworthy original series, hit TV shows, live sports and so much more. Eligibility restrictions, exclusions and terms apply. Offer expires 12/31/2027.
Enjoy experiences in culture, dining, sports, entertainment and more in over 45 exciting destinations around the globe.
With Mastercard Zero Liability protection you’re protected against unauthorized transactions in stores, online and in app.
Chef-curated menus, signature drinks, and a space designed for travelers. Taste by Priceless is a dining club that reimagines culinary experiences at the airport — now open at Hong Kong International Airport. Use your World Mastercard to purchase access for yourself and your guests, as a benefit of The Mastercard Collection.
Benefit descriptions are the issuer’s and network’s own wording, trimmed for length. Limits and exclusions are in the guide to benefits.
| Card | Annual fee | Rewards earned | Net after fee | Rank |
|---|---|---|---|---|
| IHG One Rewards Credit CardThis card · 3x on dining | None | $204 | +$204 | 874th of 1,284 |
| Chase Freedom Unlimited® Credit CardChase's most-held other card · 3% on dining | None | $528 | +$528 | 276th of 1,284 |
| Chase Freedom Flex® Credit CardThe strongest no-fee card on this budget · 7% on dining | None | $822 | +$822 | 1st of 1,284 |
| Robinhood Gold CardHighest net return on this budget · 3% on everything | $50 | $798 | +$748 | 2nd of 1,284 |
Reference budget: groceries $6,000, dining and restaurants $3,600, gas and ev charging $2,400, travel and transit $3,000, online shopping $2,400, entertainment and streaming $1,200, everything else $6,000. Points are valued at 1¢ unless the program is worth less; statement credits, welcome bonuses, and perks are left out. Run it with your own spending.
