Capital One and IHG to offer Priority Club rewards credit card in Canada

We’ve been talking about another hotel chain launching a credit card for nearly 2 years now and we can finally let you know that it was InterContinental Hotels Group Priority Club that has been in the works. Today, Capital One will announce their partnership with IHG to issue a co-branded Priority Club Reward credit card in Canada. This will the 5th hotel rewards program to have a dedicated Canadian credit card.

Details on the card are not out yet and are expected to be released in the second half of 2011 (not sure if it will make it in time for our 2011 top credit card rankings, we’ll just have to wait and see!). If this card comes with decent benefits, sign up bonus and earning ratio then it should do quite well in the Canadian market as IHG offers many hotels in Canada alone and over 4,400 worldwide. The redemption options for Priority Club are quite decent as well and comparable to other hotel programs that have credit cards in Canada.

Be sure to keep checking in the future for all the details on the card once they are released.