My wife applied 4/26 with instant approval. We added the AU same day. Week later the card arrived. Met with spend in a couple days. 5/23 both the 5K for the AU and 80K posted to her IHG acccount.

Even better news, she has the old IHG card that she got last year. So they are indeed considering this a new product with all the rewards benefits for users under the 24 month limit on previous rewards bonuses.