IHG Premium Visa card [UK] (was PC Rewards Black Visa Card)
Dec 31, 2011, 4:14 am
#1
Original Poster
Join Date: Feb 2006
Location: Edinburgh, UK
Posts: 372
IHG Premium Visa card [UK] (was PC Rewards Black Visa Card)
1). 40K sign up bonus
2) Free night when you spend 10K.
3) 2 pts/£
4) Annual fee £99, first year free if apply by 29th Feb.
priorityclub.com/jan12
2) Free night when you spend 10K.
3) 2 pts/£
4) Annual fee £99, first year free if apply by 29th Feb.
priorityclub.com/jan12
Last edited by ysb41; Dec 31, 2011 at 4:17 am Reason: add more info.
Dec 31, 2011, 6:35 am
#2
FlyerTalk Evangelist
Join Date: Feb 2004
Location: London
Programs: BA, VS, HH, IHG, MB, MR
Posts: 26,871
Thanks for posting. I will take a look! Total no-brainer if its fee-free for first year, though.
EDIT - where do you see 'fee free until 29 Feb'? No mention on the link you provided.
EDIT - where do you see 'fee free until 29 Feb'? No mention on the link you provided.
Last edited by Raffles; Dec 31, 2011 at 6:41 am
Dec 31, 2011, 6:42 am
#3
Join Date: Nov 2008
Location: Poole, England
Programs: PC Platinum Amb
Posts: 47
Dec 31, 2011, 9:43 am
#5
Original Poster
Join Date: Feb 2006
Location: Edinburgh, UK
Posts: 372
some additional info:
4 pts/£ at IHG
4 pts/£ when spend overseas.
I would say it is a decent offer.........
Dec 31, 2011, 10:15 am
#6
Join Date: Aug 2010
Posts: 870
As it stands the card is poor value. 10K for a one night stay. If the fee is waved then it is good for one years use, esp with the potential to earn 50000 pc points as well.
However I also cant see the fee free year being spoken of anywhere?
However I also cant see the fee free year being spoken of anywhere?
Dec 31, 2011, 10:22 am
#7
FlyerTalk Evangelist
Join Date: Feb 2004
Location: London
Programs: BA, VS, HH, IHG, MB, MR
Posts: 26,871
Don't be too cynical. Used at a major IC, especially midweek, you could get £250 of value, so 2.5% rebate on your £10k spend. Plus the 20k points you earned on your £10k. However, you'd need to be on the fee-free deal to make it work, £99 fee makes it less fun. And, of course, you can buy 40k points for $240 for the highest level redemption, so can't really say they are worth more.
Note that if you go via pc.com, the offer is only 20k for signing up. If you use the 40k link above, prepare for the risk of having to fight for 40k rather than 20k if not targetted.
Note that if you go via pc.com, the offer is only 20k for signing up. If you use the 40k link above, prepare for the risk of having to fight for 40k rather than 20k if not targetted.
Last edited by Raffles; Dec 31, 2011 at 3:09 pm
Jan 1, 2012, 6:35 am
#8
Join Date: Aug 2011
Location: Brighton, UK
Programs: IHG Diamond Ambassador
Posts: 510
I have the ordinary PCR Visa but discovered that whilst £1 spent (non IHG spend) earns one PC reward point. A £1 spend on my American Express card earns one Amex Reward Point which is then transferable to PCR points for 1.5 points, a 50% uplift. Bonkers.
Jan 1, 2012, 1:32 pm
#9
Join Date: Feb 2009
Location: UK
Posts: 774
Not really - Amex cards will always earn much higher rates of reward because the transactions are charged to merchants at a much higher rate. You'll find this to be true consistently across all reward-earning cards.
Jan 2, 2012, 3:29 am
#11
Join Date: Jul 2009
Location: UK
Programs: BAEC Gold, IHG Gold, Virgin FC Red
Posts: 626
Maybe the fee is only waived for targetted applicants?
Jan 2, 2012, 4:18 am
#12
Join Date: Aug 2010
Posts: 870
Don't be too cynical. Used at a major IC, especially midweek, you could get £250 of value, so 2.5% rebate on your £10k spend. Plus the 20k points you earned on your £10k. However, you'd need to be on the fee-free deal to make it work, £99 fee makes it less fun. And, of course, you can buy 40k points for $240 for the highest level redemption, so can't really say they are worth more.
Note that if you go via pc.com, the offer is only 20k for signing up. If you use the 40k link above, prepare for the risk of having to fight for 40k rather than 20k if not targetted.
Note that if you go via pc.com, the offer is only 20k for signing up. If you use the 40k link above, prepare for the risk of having to fight for 40k rather than 20k if not targetted.
Jan 2, 2012, 5:29 am
#13
Community Director
Join Date: Jan 2009
Location: Norwich, UK
Programs: A3*G, BA Gold, BD Gold (in memoriam), IHG Diamond Ambassador
Posts: 8,476
This doesn't look targeted - the form even allows a non-PC member to apply and a new account be created (although this didn't seem to be an option on-line).
I really can't see how anyone in the UK can lose out with this. Because there's no minimum spend requirement, you could buy something for a few pounds, get the 40k points, wait for the £99 fee to be credited back, get the credit card company to refund your now credit balance, cancel the card and walk away. That's the risk PC and the credit card company take - that some people will play the game, but many others will keep paying the fee and spending. Only fair to keep the balance somewhere near the consumers' side, isn't it?
I really can't see how anyone in the UK can lose out with this. Because there's no minimum spend requirement, you could buy something for a few pounds, get the 40k points, wait for the £99 fee to be credited back, get the credit card company to refund your now credit balance, cancel the card and walk away. That's the risk PC and the credit card company take - that some people will play the game, but many others will keep paying the fee and spending. Only fair to keep the balance somewhere near the consumers' side, isn't it?
Jan 2, 2012, 6:47 am
#15
Community Director
Join Date: Jan 2009
Location: Norwich, UK
Programs: A3*G, BA Gold, BD Gold (in memoriam), IHG Diamond Ambassador
Posts: 8,476
... but the letter also directs you to the website to apply, and says the special offer is only available either on-line or by filling in the form.
It also offers the opportunity to take the information in large print, Braille or audio format by calling - 0800 096 0126. Might be worth a call to get alternative paperwork sent to you that reflects the fee refund for peace of mind - it's very easy for all of us who hold letters to be confident, but I'd probably be as wary as essexadventurer otherwise!