Is the IHG One Rewards Premier worth $99 a year?

A fee card has to beat the best no-fee card by more than its fee before it earns you anything. Below is the annual spend, category by category, where the IHG One Rewards Premier’s extra rewards clear the $99. IHG One Rewards points are valued at 0.50¢ each, their typical redemption worth.

Categories can combine: spending across several bonus categories clears the fee sooner than any single row suggests. Portal-only rates and perks (credits, lounges) are excluded — this is the rewards math only.