As of November 1, 2026, Chase Ultimate Rewards is offering an 80 percent bonus on transfers to IHG One Rewards. The big percentage makes the offer look like an easy win, but whether the Chase transfer is worth it depends on what each Chase point can do for you elsewhere. This guide lays out the terms, the math, and a simple way to decide before you move any points.
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How the Chase to IHG transfer bonus works
Between 12 a.m. ET on November 1, 2026 and 11:59 p.m. ET on December 3, 2026, Chase Ultimate Rewards members can receive an 80 percent bonus when they move points to IHG One Rewards. Points normally transfer at a one-to-one ratio, so during the promotion 1,000 Chase points become 1,800 IHG points. Reported terms do not describe a cap on how many times you can take advantage of the offer. Chase to IHG transfers are typically instant, which means you do not need to move points early to lock anything in.
| Term | Detail |
|---|---|
| Bonus | 80 percent on transfers to IHG One Rewards |
| Window | November 1, 2026 to December 3, 2026 (ET) |
| Ratio during promotion | 1,000 Chase points to 1,800 IHG points |
| Limit | No stated limit on repeat transfers |
| Usual ratio | 1,000 to 1,000 |
Is the Chase to IHG transfer worth it? Run the math
A transfer bonus is only as good as the value of the points you receive. Start by estimating what a Chase point is worth to you in your best realistic redemption, such as travel through the Chase portal or a transfer to an airline or hotel partner you actually use. Then estimate what an IHG point is worth for the stays you plan to book. Because you receive 1.8 IHG points for every Chase point, each IHG point only has to be worth a little over half of a Chase point for the transfer to break even.
Published analysis of this promotion argues that the math rarely favors the transfer. It values IHG points at roughly half a cent each and Chase points at well over a cent, so even with the bonus each Chase point returns less than one cent through IHG. The same analysis notes that IHG has frequently sold points at around half a cent each, which gives a useful price benchmark. These are one analyst's valuations rather than guarantees, and your own redemption habits can change the answer.
Who should skip the Chase to IHG transfer bonus
If you have an upcoming trip where your Chase points can cover flights or hotels at a strong value, the transfer probably does not beat that use. The same applies if you are saving points for a premium airline redemption. The transfer can make more sense for someone who is only a small top-up away from an IHG award stay and has compared the cost against buying the missing points directly.
Timing matters less than it might seem. The offer runs through December 3, 2026, and transfers are typically instant, so you can finish your comparison first. Published coverage says Chase has offered IHG bonuses a few times a year, with sizes ranging from 50 to 100 percent, so this 80 percent offer is roughly typical rather than unusual. Treat it as a decision to make with a calculator, not a deadline to rush.
Before you transfer anything, check current IHG award prices for the dates you want and confirm the terms on the Chase and IHG sites. Last checked November 1, 2026. Offer terms can change, and this guide reflects reported details rather than a first-party confirmation.