i just got an offer from IHG chase for 80k signup bonus after spending 1k, is this good? do they always offer this? it also includes Platinum Elite status.
Earn on Everyday Purchases:
• 5X points per $1 spent at our hotels2
• 2X points per $1 spent on purchases at gas stations, grocery stores and restaurants2
• 1X point per $1 spent on all other purchases2
Enjoy More Benefits:
• Free Night every year3 at one of our 4,600 hotels worldwide
• Platinum Elite status as long as you're a Select cardmember4
• 10% points rebate—earn points for using points5
• No foreign transaction fees6
• $0 introductory annual fee the first year—$49 thereafter6