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If you’ve been thinking of applying for a IHG® Rewards Club Premier Credit Card, you’re in luck, because the welcome bonus on the card just increased from the standard offer: Earn 140,000 bonus points after spending $3,000 on purchases within the first three months of account opening. This is a great way to pick up a credit card with some pretty great perks and top off your IHG Rewards Club balance.

To ensure you get the most out of your points, here’s how to maximize the welcome bonus from the IHG® Rewards Club Premier Credit Card.

Redeem points at high-end hotels

One of the best ways to maximize your IHG points is to redeem them for high-end hotels. The welcome bonus from the IHG® Rewards Club Premier Credit Card can cover up to two free nights at a top-tier hotel like the Intercontinental Paris Le Grand, which goes for 70,000 points per night. The cash rate during Bastille Day festivities is over $450, before taxes and fees.

If you’re traveling within the U.S., you might want to opt for the Kimpton Muse Hotel or Intercontinental Times Square. Both are great hotels that can be booked for 70,000 points per night.

Redeem points for low-rate properties abroad

IHG has a lot of low-redemption properties abroad that can offer terrific value. You’ll especially find that to be the case in the Middle East and Asia.

For example, you can stay at the Intercontinental Amman in Jordan for just 25,000 points per night. From there, you can head out to the Dead Sea for a few nights, where a stay at the Crowne Plaza will set you back just 20,000 points per night.

With the IHG® Rewards Club Premier Credit Card welcome bonus, you can cover up to a week’s worth of hotel stays in Jordan.

In Indonesia, you can cover nine nights at properties like the Holiday Inn Express Jakarta Matraman, which requires 15,000 points per night.

Redeeming points abroad can help you stretch your welcome bonus from the IHG® Rewards Club Premier Credit Card much further. Be sure to research your options with IHG — you may find some great deals abroad.

Take advantage of PointBreaks

PointBreaks is one of the best features of the IHG Rewards Club program. Participating hotels are discounted as low as 5,000 points per night, with others going for 10,000 and 15,000 points. By taking advantage of these PointBreaks deals, you can cover between nine and 28 free nights with your IHG® Rewards Club Premier Credit Card welcome bonus.

Redeem points in four-night increments

The IHG® Rewards Club Premier Credit Card offers a pretty valuable benefit that can help you save 25% on the cost of an award redemption. Book four consecutive award nights and you’ll pay for just three. This is a great way to stretch your welcome bonus even further.

Extend your award stay with the free night certificate

The IHG® Rewards Club Premier Credit Card also comes with an annual free night, valid at any IHG hotel you can book for 40,000 points per night or less.

Combining this free night certificate with your IHG points booking can be a great way to get more value out of your points, especially if you’re staying at a higher-end property.

How to Maximize Your Rewards

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2020, including those best for: