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Chase Offers 70% Bonus on Transfers to IHG One Rewards Through Jan. 15

Analysts say the bonus still delivers weaker value than other Ultimate Rewards redemptions.

Overview

  • During the promotion, Chase points convert at an effective 1:1.7 rate for transfers to IHG made from December 1, 2025 to January 15, 2026.
  • Transfers require a minimum of 1,000 points and the bonus IHG points post to accounts within up to seven days.
  • Once moved, points become IHG One Rewards currency that cannot be reversed and do not count toward elite status.
  • Coverage notes a recent IHG devaluation and argues airline or Hyatt transfers and portal bookings typically yield higher cents-per-point.
  • Frequent Miler adds that IHG often sells points for about 0.5 cents each, making cashing out or alternative uses of Chase points more compelling than transferring.