Save 6 Cents per Gallon of Gas With the New IHG Premier Credit Card

May 8, 2018

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Update: Some offers mentioned below are no longer available – IHG Rewards Club Premier Credit Card, The Business Gold Rewards Card from American Express, Chase Freedom Unlimited

At TPG, we love to combine promotions to get the best value from our everyday purchases. And — especially with prices on the rise — we’re happy for any chance to save money on gas. Here’s one of those opportunities: The new IHG Rewards Club Premier Credit Card allows cardholders to save 6 cents per gallon on gas purchases at Shell.

Here’s how it works: The IHG Rewards Club Premier Card grants cardholders IHG Platinum Elite status. This status is quite valuable for stays at IHG properties. Indeed, I was just upgraded to a room with a balcony last night thanks to this elite status. Outside the US — where the Platinum Elite status is much rarer — I’ve gotten suite upgrades. Just for having a credit card.

But, there’s another perk of IHG Platinum Elite status that pays off at the fuel pump. IHG has partnered with Shell’s Fuel Rewards program to offer IHG elites a minimum of 5 cents per gallon off of their Shell fuel purchases:

In order to get this bonus, you first need to sign into Fuel Rewards and link your IHG account. After a verification period — which the terms and conditions note “should occur within 7-10 days from when your accounts are linked” — you’ll start saving at Shell gas stations when you swipe your Fuel Rewards card before you pump your gas.

The good news is that you don’t have to use your IHG Rewards Club Premier Card to make the purchase. While this card is competitive when paying for IHG hotel stays (10x points), it only earns 2x points at gas stations. And since TPG only values IHG points at 0.6 cents each, that’d means a measly 1.2 cents of value per dollar spent if you used this card for gas purchases.

Instead, you can use one of the best cards for gas purchases:

Featured photo by Tim Mossholder on Unsplash

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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