Get 80% Bonus IHG One Rewards points when you transfer Ultimate Rewards points between 12:00 AM ET on October 1, 2025 and 11:59 PM ET on October 22, 2025.
We value IHG Rewards points at 0.4 cents and Chase Ultimate Rewards at 1.75 cents, so this is far from a slam dunk and we’d advise to only transfer if you’ve already found a great redemption.
And that does happen! When researching IHG Rewards during elevated offers on the two co-branded IHG credit cards that offer 4th night free, we have occasionally found points to be worth just over a cent each meaning you could get around 2 cents in value from this transfer bonus. Still, you have to hunt for the outsized redemptions, so caution is advised
You also may be looking to “top up” an existing IHG Rewards balance for a reward stay and this would be an opportune time.
But as a general rule, we find that one Chase Ultimate Rewards point is at least 4 times more valuable than IHG Rewards points, so, again, do your homework before transferring and make sure you have a deal lined up – ideally using the 4th night free benefit from a co-branded credit card.
Also see past transfer bonuses from Chase Ultimate Rewards to IHG One Rewards.