In addition to the 30% bonus to Avios programs, Chase launched an additional transfer bonus today. This gives an 80% bonus on Ultimate Rewards point transfers to IHG One Rewards which sounds impressive on the face of it, but it really isn’t.
The Deal
- Get an 80% bonus when transferring Chase Ultimate Rewards points to IHG One Rewards.
Key Terms
- Expires October 22, 2025.
Quick Thoughts
Chase Ultimate Rewards points normally transfer to IHG on a 1:1 basis, so this transfer bonus makes that 1:1.8. If you aren’t familiar with the value of IHG points, you might think that an almost doubling of the transfer ratio would be worthwhile, but far from it.
IHG points are – at the time of publishing this post – on sale for 0.5 cents per point. That means that you can buy two IHG points for one cent. If you needed, say, 45,000 IHG points, you could buy those for $225. If you were to transfer from Chase, even with this bonus you’d need to transfer 25,000 Ultimate Rewards, so you’re getting less than one cent per point. That’s awful value, so it shouldn’t be done.
Want to learn more about miles and points? Subscribe to email updates or check out our podcast on your favorite podcast platform.
