China Guangfa Bank (CGB) today officially launched the previously rumored triple co-branded card. It comes in both UnionPay and Visa versions.

For spending through designated channels—presumably IHG hotels and China Eastern purchases—you can directly earn both IHG points and China Eastern miles at the same time.

For spending elsewhere, the conversion ratio is the same as the CITIC IHG Gold card: every 18 yuan in spending earns CGB points that can be converted into 1 IHG point (or 1 China Eastern mile). It also includes high-speed rail benefits. It should also come with complimentary IHG Gold status, which can be used for IHG weekend benefits. Hotel perks on domestic cards are quite rare, so don’t be too picky.

HT: WeChat reader CK