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From now until 10/31/25 you can transfer your Chase Ultimate Rewards to IHG One Rewards and get an 80% bonus. One thing to pay attention to is the changes IHG One Rewards has done to their award program which is fully dynamic now ( no award charts ), so more than likely you’re not going to get a great redemption value even with this transfer bonus. Don’t forget we keep an up to date transfer bonus page that lists all the transfer bonuses across programs.
What cards are eligible?
Your card needs to earn transferrable Ultimate Rewards so you need to have one of the following cards to qualify.
- Chase Sapphire Preferred®
- Chase Sapphire Reserve®
- Chase Sapphire Reserve for Business(SM)
- Chase Ink Business Preferred®
As long as you have one of those cards, your points can be moved from Chase and into any of the programs listed below, including Marriott. If you have a Chase Freedom Unlimited, Chase Freedom Flex, Chase Ink Business Cash or Chase Ink Business Unlimited AND one of the cards listed above, you can merge those points into the account with transfer capabilities. If you’re unfamiliar with that feature, read this article.
Best Ever?
- Oct 2025 = 80%
- Sept 2025 = 100%
- July 2023 = 80%
Is transferring Chase points to IHG One Rewards a good idea?
Ordinarily I would say that Chase points are worth close to 2 cents a pop while IHG One Rewards are worth about 1/2 a penny. So, no, under normal circumstances I would advise against such transfers…but there is a always a caveat like a really expensive hotel that you can get high value for via rewards. Also remember that you can redeem your CSP, CIP in the Chase portal for 1.25c and your CSR at 1.5c – so at the bare minimum you need to beat that.
IHG One Rewards offers credit cards holders a 4th nights free…
If you concurrently hold one of the following cards you get a 4th night when using points.
- IHG One Rewards Premier Credit Card
- IHG One Rewards Traveler Credit Card
- IHG One Rewards Premier Business Credit Card
Crunch the numbers, the transfer bonus ends 10/31/25
If you’re sitting on a healthy balance of Chase points and looking to take an experiential trip at an expensive property…this could be a wonderful time to get more bang for you buck. If you’re looking at run of the mill hotels – personally I wouldn’t advise using your Chase points unless you’re getting more than 2 cents per point in value especially when you can buy up to 500k IHG One Rewards per year ( and they run a lot of sales for $0.005 per point ).
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Points Boost
- each account anniversary you’ll earn bonus points equal to 10% of your total purchases made the previous year
- Points are transferrable to 14 Ultimate Rewards partners
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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