No Chase 5/24 Rule – Chase IHG Credit Card with 80,000 Points + No 1st Year Annual Fee

Have you been patiently waiting for a compelling Chase credit card offer that doesn’t fall under the evil 5/24 rule? Well wait no more, this card offer is a no-brainer!

Not familiar with Chase’s 5/24 rule? In short, you will automatically be denied if you’ve opened 5 or more credit cards in the last 24 months. If the credit card is with Chase bank or it is reflected on your credit report, it will count towards the “5” or more cards in the last “24” months.

It DOES NOT matter if you’ve since closed one of the “5” cards, Chase looks at the open date when performing their calculation.


Five Twenty Four

Fortunately, the Chase IHG card does not fall under this rule. That said, if you are working at getting under 5/24 for a card like the Chase Sapphire, this IHG card will be counted towards your 5/24 calculation. I highly recommend waiting to sign up for this card once you are past 5/24 and you’ve signed up for the “restricted” cards like Southwest, Marriott, United, Sapphire, etc.

Note that you can only receive the IHG sign up bonus every 24 months. This rule is separate from the 5/24 check that is performed based on your credit report. As long as you have not earned the IHG credit card bonus in the last 24 months you are good! The 24 month clock starts the day you earned the points, not the day you signed up for the card.


How’s the bonus?

Direct offer link

80,000 IHG points is nothing to sneeze at. Most IHG mid-range hotels will run you 15,000 – 30,000 points per night. So you can expect 3-5 free nights as an estimate. Be sure to check AwardMapper for a complete map of IHG properties by award category. (the higher the category, the more points required per night).


Holiday Inn – San Diego (La Jolla) – Courtesy of Expedia


At just 20,000 points per night, this San Diego hotel makes for an excellent redemption. Current summer rates are over $200 per night. That means four award nights, totalling 80,000 points, would save you well over $800!

There is no annual fee for the first year, each year after will have a $49 annual fee. To offset this $49 annual fee, you’ll be awarded a free award night on your card anniversary. You should be able to easily save $49 each year with your free anniversary night! (Think Crowne Plaza in NYC, more than $49)

If you want to add an authorized user, you’ll earn an additional 5,000 IHG points. I do advise against adding the user if they are below the Chase 5/24 rule since it will count towards their “5” or more cards. If they are well over 5/24, go ahead and take the “free” 5,000 points.



I think this is very solid deal with 80,000 points and no annual fee the first year. Don’t forget that you will maintain IHG Platinum status as long as you hold the card. That earns you late check out and room upgrades, plus many other bonuses.

To receive the bonus points you’ll only need to spend $1,000 within 90 days. That is super easy, especially when paying mortgages, car payments, student loans, and more with For new Plastiq users (referral link), you’ll earn $500 fee free dollars after paying $500 in bills (at a 2.5% fee). That means you can pay a total of $1,000 in bills for only $12.50 in fees. Not a bad trade-off for 80,000 IHG points!


H/T: Doctor of Credit


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