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IHG launches Co-branded Credit Card with China CITIC Bank

BritCham / CBBC
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IHG and China CITIC Bank have announced the official launch of the IHG® Rewards Club CITIC Co-branded Credit Card. The co-branded credit card is at the forefront of China’s hotel and finance industries as the first of its kind to offer ratings in line with grades of hotel membership cards.
Easy and fast free hotel stays
Drawing on the rich experience and comparative advantages of the two leading companies’ worldwide resources in hospitality and finance, the IHG® Rewards Club CITIC Co-branded Credit Card will provide frequent travellers the easiest and fastest way to earn free hotel stays as well as access to a wide range of service options that complement their lifestyle. The dual currency UnionPay and MasterCard will offer three ratings – Gold card, Platinum card and World card - that directly correspond with IHG’s Rewards Club’s Gold Elite, Platinum Elite and Platinum Elite with InterContinental Ambassador memberships. 
Kenneth Macpherson, chief executive officer, IHG Greater China, said, “We are pleased to continue IHG’s history of innovative industry leadership in the China market by partnering with CITIC Bank, China’s pioneering financial brand. IHG owns the world’s largest and most popular hotel loyalty programme, and we are committed to providing preferred hotel services and the best value proposition to our over 74 million members around the world. This partnership strengthens our ability to deliver a more outstanding overall travel experience to our rewards members.”
Double points and 15% off
It not only offers cardholders double points on their spending at IHG hotels worldwide, but also a 15% off best flexible rates at all 200 IHG hotels in Greater China including InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Hotel Indigo, Holiday Inn Hotels & Resorts and Holiday Inn Express Hotels.    
IHG® Rewards Club is the world’s first and largest hotel loyalty programme. Recently refreshed, IHG® Rewards Club provides members with all of the existing benefits, in addition to some exciting new ones including free internet for all elite members from 1 July 2013 and all members as of 1 January 2014 across IHG’s worldwide network of over 4,600 hotels, IHG being the only hotel group to offer members additional recognition for exploring the breadth of its portfolio. Visitors and guests can sign up free of charge and find out more about the changes and benefits online or at any IHG hotel.
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