Chase is once again offering a transfer bonus to IHG One Rewards, this time for 70%. As always though, this is a terrible use of your points and should be avoided.
The Deal
- Get a 70% bonus when transferring Chase Ultimate Rewards to IHG One Rewards.
Key Terms
- Expires April 30, 2026 at 11:59pm ET.
Quick Thoughts
A 70% headline rate sounds impressive, but it’s really not; not for IHG anyway. Chase Ultimate Rewards ordinarily transfer to IHG on a 1:1 basis which means that with the transfer bonus it’s increased to 1:1.7. The thing is, IHG frequently sells its points for 0.5 cents per point meaning that 1 cent buys you 2 points. If you exchange 1 Ultimate Rewards point for 1.7 points, it means you’re getting less than 1 cent per point of value compared to just buying the points with cash.
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