Is the IHG One Rewards Premier Select Credit Card worth it?
The honest break-even math on a $350 annual fee — printed credits, top earn rate, and the spending it takes to come out ahead. No editorial spin: the same figures the optimizer scores your real charges with.
Updated 2026-10-01
The break-even math
| Annual fee | $350 |
| Printed statement credits | −$710 |
| Net cost to earn back | $0 |
| Top earn rate | 6x on travel |
Its printed statement credits ($710/yr) already exceed the $350 fee on paper — a net of $360 before you earn a single point. The catch is that credits only count if you'd have spent that way anyway: a quarterly credit you forget to use is worth nothing.
The credits you'd need to use
- IHG Food & Beverage Rewards — $300/year (quarterly)
- Airline statement credit — $200/year (annual)
- United TravelBank Cash — $50/year (twice a year)
- DoorDash non-restaurant order discount — $40/year (quarterly)
- Instacart credit — $120/year (monthly)
Credits with a monthly or quarterly cadence expire if unused — that's where most of the printed value quietly disappears.
The verdict
Worth it if you'll actually use the credits. Line up each credit below against how you really spend — if you'd buy those things anyway, the card pays for itself and the rewards are pure upside. If not, you're pre-paying for perks you may skip.
Compare it head-to-head
Which card should this spending actually be on? The demo re-scores a year of realistic spending against every card in a wallet — free, no signup. See it on sample data →
Other fees worth questioning
Full IHG One Rewards Premier Select Credit Card details → · All 290 cards