The three parties in the "three-party co-branded credit card" of IHG Rewards Club;
refers to the credit card issuing bank, Priority Club, and two international credit card organizations, Visa or Mastercard. This credit card is jointly issued by IHG Hotels and the issuing bank, Visa or Mastercard, two international credit card organizations. The three-party co-branded credit card is also called a "merchant co-branded card", which allows cardholders to obtain exclusive discounts and points when spending at IHG hotels and other cooperative merchants, thereby increasing the value of the credit card. At the same time, this is also a way of cooperation between banks, merchants and credit card organizations.