Hilton Honors American Express Business Card vs IHG One Rewards Premier Business
Side-by-side comparison
| Hilton Honors American Express Business Card | IHG One Rewards Premier Business | |
|---|---|---|
| Annual fee | $195 | $99 |
| Welcome offer | 130,000 points | 140,000 points |
| Advertising | 3% | 5% |
| Shipping | 5% | 3% |
| Office supplies | 3% | 3% |
| Phone & internet | 5% | 3% |
| Travel | 5% | 5% |
| Everything else | 3% | 3% |
| Est. yearly rewards* | $1,638 | $1,722 |
| Points type | Locked to Hilton Honors | Locked to IHG One Rewards |
| Network | Amex | Mastercard |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified August 2026. See your own numbers in the calculator.
Welcome bonus and value over time
| Over time | Hilton Honors American Express Business Card | IHG One Rewards Premier Business |
|---|---|---|
| Welcome bonus | 130,000 points | 140,000 points |
| To earn it | $8,000 in 6 months | $3,000 in 3 months |
| Est. first-year value* | $2,743 | $3,023 |
| Est. ongoing value / yr* | $1,443 | $1,623 |
The IHG One Rewards Premier Business wins on both fronts: it comes out ahead in year one on the welcome offer and stays ahead every year after. Short term or long, it is the stronger pick on the numbers.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent.
Perks, credits, and redemptions
| Perks | Hilton Honors American Express Business Card | IHG One Rewards Premier Business |
|---|---|---|
| Lounge access | None | None |
| Annual credits | None | None |
| Points & redemptions | Locked to a single program | Locked to a single program |
The two are closely matched on perks and redemptions, so the welcome offer and everyday earning above are what should decide it.
Transfer partners and point value
Neither card earns transferable points, so redemptions are cash-back or fixed portal value on both, roughly a cent per point. There is no airline or hotel transfer angle to separate them.
The verdict
On a typical year of business spending, the Hilton Honors American Express Business Card earns about $1,638 a year in rewards and the IHG One Rewards Premier Business about $1,722, valuing every point at a flat 1 cent. The Hilton Honors American Express Business Card charges $195, which you clear through its rewards and perks. The IHG One Rewards Premier Business charges $99, which you clear through its rewards and perks. Counting rewards, fees, and any credits, the IHG One Rewards Premier Business delivers more total value, about $180 a year more for a typical spender, mostly because it earns more where you spend most, on advertising. Neither leans on transferable points, so the deciding factors are the welcome offer, the card network, and which everyday perks you will actually use. On the sign-up bonus, the two are currently comparable in size. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Hilton Honors American Express Business Card if your spending leans toward shipping, phone & internet. Pick the IHG One Rewards Premier Business if your spending leans toward advertising.