Chase just raised its transfer bonus to IHG One Rewards to 80%, and a bigger headline number is hard to scroll past. The catch is that IHG points are the lowest-valued hotel currency we track, worth about 0.5 cents each. An 80% bonus on a half-cent point does not automatically make a good trade.
So the real question is not whether the bonus looks big. It is whether 1,800 IHG points are worth more to you than the 1,000 Chase points you would spend, and whether IHG beats the other places those Chase points could go. An IHG transfer bonus pays off only under specific conditions, and most of the time those conditions do not hold.
In this guide, you will see which banks reach IHG, the live 80% offer and its history, the break-even maths at IHG's real value, and a framework for deciding whether to transfer at all.
Key Takeaways
- One IHG bonus is live as of November 2, 2026: Chase Ultimate Rewards at +80%, through December 3, 2026. No Bilt bonus to IHG is running.
- IHG points are worth about 0.5¢ each. That is the lowest of the major hotel programs, below Hilton at 0.6¢, Marriott at 0.8¢, and Hyatt at 1.7¢.
- Even the live 80% bonus lands at about 0.9¢ per Chase point. That still trails the 1¢ you get from the Chase Travel portal.
- An IHG bonus must reach +100% just to match that portal, and +300% to rival a 1:1 Hyatt transfer. No bank has offered that.
- Transfer only with a specific, high-value IHG stay in mind. Four-night awards work best, because the Premier card adds a free fourth night, and transfers are one-way.
Which Banks Transfer to IHG One Rewards
Among the eight bank programs TransferPoints tracks, only two reach IHG One Rewards, and they are not equal doors. Chase is the clean, confirmed path. Bilt also transfers to IHG, but its published ratio is in dispute, so treat it with care.
| Bank program | Base ratio to IHG | Transfer time | Live bonus (Nov 2, 2026) |
|---|---|---|---|
| Chase Ultimate Rewards | 1:1 | Usually instant | +80% through December 3, 2026 |
| Bilt Rewards | See note below | Instant | None |
Two points on this table shape how you should read it:
- Chase is the only bank with a settled 1:1 ratio and a live bonus. Transfers usually post instantly, though bonus points can take a few hours to appear.
- Bilt's IHG ratio is unsettled. Our transfer data lists one figure while most public guides list another, and we could not confirm it against Bilt's official page on November 2, 2026. Until that is resolved, check the live rate on Bilt's transfer screen before you move anything. Bilt last ran an IHG transfer bonus of 150%, which ended in early 2024, and none is running as of November 2, 2026.
You can confirm every door and base rate on our IHG partner page, and watch live offers on the bonus tracker.
The Live 80% Chase Bonus and Past IHG Bonuses
Chase does not run IHG bonuses often, which is why the current one draws attention. Knowing the recent record tells you whether an 80% offer is strong or routine for this route.
| Program | Bonus | Dates | Note |
|---|---|---|---|
| Chase | +80% | Through December 3, 2026 (live) | 1,000 Chase points become 1,800 IHG points |
| Chase | +70% | July 31 – August 31, 2026 | Ended |
| Chase | +100% | July 15 – July 30, 2026 | Ended |
| Bilt | +150% | Ended January 1, 2024 | The last Bilt IHG bonus on record |
One Mile at a Time confirms the live 80% offer and the 1,000:1,800 ratio, and Frequent Miler tracked the earlier 100% and 70% rounds over the summer. A run of offers in the 70–100% range tells you two things: Chase pushes hard on IHG, and even its best bonuses have not solved the value problem below.
What IHG Points Are Actually Worth
A transfer bonus only matters once you know what the destination currency is worth. IHG One Rewards points are worth about 0.5 cents each on a typical redemption, the figure our valuations page uses and the one reputable analysts land on. IHG also prices award nights dynamically, so there is no fixed chart to lean on.
- Base value: about 0.5¢ per point. IHG itself frequently sells points for roughly 0.5¢ in promotions, which sets a practical floor on what they are worth.
- The fourth-night-free benefit lifts that. IHG One Rewards Premier cardholders pay points for only three nights on any award stay of four or more nights, and the fourth night is free and automatic. That stretches each point by about a third on a four-night stay, to roughly 0.67¢.
- Specific properties can beat the average. High-cash-rate InterContinental and luxury-brand hotels sometimes price above 0.5¢ per point, which is where an IHG redemption earns its keep.
The Points Guy walks through the fourth-night mechanics, which are worth understanding before you commit points to a long stay.
The Break-Even Maths: How Big Must an IHG Bonus Be?
Here is the calculation almost no guide runs. Start from IHG at 0.5¢ and Chase's 1:1 base ratio, then ask how large a bonus has to be before each Chase point clears a given value. The answer is unforgiving.
| Bonus to IHG | IHG points per 1,000 Chase | Value per Chase point | Verdict |
|---|---|---|---|
| None (1:1) | 1,000 | 0.5¢ | Half the Chase portal's 1¢ floor |
| +80% (live) | 1,800 | 0.9¢ | Still under the 1¢ portal |
| +100% | 2,000 | 1.0¢ | Ties the Chase Travel portal |
| +200% | 3,000 | 1.5¢ | Matches a mid-tier airline partner |
| +300% | 4,000 | 2.0¢ | Ties a 1:1 transfer to Hyatt |
The live 80% bonus lands at 0.9¢ per Chase point, which is still less than the flat 1¢ those same points fetch in the Chase Travel portal. A bonus has to reach +100% just to break even with the portal, and +300% to match what a straight 1:1 transfer to World of Hyatt delivers. No bank runs 300% bonuses.
Put real numbers on it. Transfer 50,000 Chase points to IHG at the live 80% rate and you get 90,000 IHG points, worth about $450. Send the same 50,000 points to Hyatt at 1:1 and, at 1.7¢ each, they are worth about $850. The free fourth night narrows the gap on a long stay, lifting the IHG side to roughly 1.2¢ per Chase point, but Hyatt still wins for most trips.
Run your own balance through the numbers with the calculator below.
Transfer Calculator
When Transferring to IHG Is Worth It (and When to Skip)
The maths does not kill every IHG transfer. It just narrows the cases to a specific shape: a concrete booking where IHG's price beats its average, stacked with the card benefit and a real bonus.
Transfer to IHG if:
- You have a specific award booked or priced, at a property where points clear well above 0.5¢.
- Your stay is four nights or longer and you hold the Premier card, so the free fourth night applies.
- A bonus of at least the current 80% is live, and ideally closer to 100%.
- You have no better home for the points, such as a Hyatt stay or a premium-cabin flight.
Lean the other way if:
- You would be transferring on spec, before booking anything.
- The property prices IHG points near 0.5¢, as most do.
- You could reach Hyatt at 1.7¢ with the same Chase points.
- You could simply buy IHG points in a sale for roughly what you would give up by transferring.
Common Mistakes
A few errors turn a marginal IHG transfer into a clear loss. Each one traces back to treating the bonus percentage as the whole story.
- Chasing the headline number. An 80% bonus on a 0.5¢ currency is still only 0.9¢ per Chase point. The percentage is large; the result is not.
- Transferring before booking. Transfers are one-way, and IHG prices nights dynamically, so an award can reprice or vanish after your points land.
- Forgetting you can buy IHG points. IHG sells points near 0.5¢ in frequent sales, so buying can cost less than the Chase value you would surrender.
- Assuming the free night is automatic for everyone. The fourth-night benefit requires the IHG One Rewards Premier card; without it, the break-even gets worse.
- Ignoring Hyatt. Chase's strongest hotel transfer is Hyatt at 1.7¢, not IHG, and most travelers forget to compare the two.
Track IHG Bonuses Without the Guesswork
Transfer bonuses are short, rarely announced in advance, and scattered across eight bank programs, each with its own ratios and quirks. IHG is a clear example: an 80% headline hides a 0.9¢ result, and the ratio for one of its two bank doors is genuinely unsettled. Deciding well means checking the live offer, the real point value, and the alternatives at the same time.
TransferPoints puts those pieces in one place, so you are not stitching them together from scattered posts.
- The bonus tracker shows which transfer bonuses are live across all eight banks, with their dates.
- The transfer calculator converts a Chase balance into IHG points at any bonus rate, so the break-even is obvious.
- The Chase program page lists every Chase transfer partner and ratio, so IHG's 0.5¢ sits next to Hyatt's 1.7¢.
- The IHG partner page shows which banks reach IHG and how fast.
Conclusion
The logic of an IHG transfer bonus is simpler than the headline suggests. IHG points are worth about half a cent, so even a large bonus struggles to push a transferred Chase point past the 1¢ you already get from the portal. The bonus has to reach triple digits before IHG competes, and your Chase points almost always do better at Hyatt or on an airline.
That comparison is easy to get wrong when you are staring at an 80% banner. Seeing the live bonus, the real point value, and the better alternatives side by side turns a tempting percentage into a clear yes or no, with less second-guessing. For the full picture, our guide to the best way to use Chase points ranks every option, and the Marriott transfer bonus guide runs the same break-even test for a hotel that sits a notch higher in value.
Before you move any points, check the live bonus tracker and run the maths, so the percentage rather than the banner drives the decision.
Frequently Asked Questions
Is the Chase to IHG transfer bonus worth it?
Usually not. The live 80% bonus turns 1,000 Chase points into 1,800 IHG points, worth about 0.9 cents per Chase point at IHG's typical 0.5-cent value. That is still less than the flat 1 cent those points earn in the Chase Travel portal, and far below the 1.7 cents a 1:1 transfer to Hyatt delivers. It makes sense only for a specific, high-value IHG stay.
What is the Chase to IHG transfer ratio?
Chase Ultimate Rewards transfers to IHG One Rewards at a base ratio of 1:1, usually posting instantly. During the promotion running through December 3, 2026, an 80% bonus applies, so 1,000 Chase points become 1,800 IHG points. Chase moves points in 1,000-point increments, and bonus points can take a few hours to appear after the base transfer completes.
How long does a Chase to IHG transfer take?
Chase to IHG transfers are usually instant, and our transfer data lists them that way. In practice the base points often arrive within minutes, while bonus points from a promotion can take a few hours to post. Because transfers are one-way and cannot be reversed, confirm your award is available and priced before you move any points across.
Does Bilt transfer to IHG One Rewards?
Yes, Bilt Rewards is one of only two bank programs that reach IHG, alongside Chase. The exact Bilt-to-IHG ratio is disputed between our data and public guides, so confirm the live rate on Bilt's transfer screen before moving points. Bilt last ran an IHG transfer bonus of 150% in early 2024, and none is running as of November 2, 2026.
Are IHG points worth more than buying them?
Often not. IHG frequently sells points in promotions for around 0.5 cents each, which is close to their everyday redemption value. If you would transfer Chase points worth 2 cents each to collect IHG points worth half a cent, buying the points outright in a sale can cost you less than the value you give up by transferring.
How this guide was made: The TransferPoints team researched and drafted this guide with AI assistance. Every transfer ratio, point value, and bonus figure was checked against official bank and hotel sources, reputable points analysts, and TransferPoints' own transfer data on November 2, 2026. Spot an error? Email [email protected].