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Chase has several excellent airline and hotel mileage transfer options. And they have some duds.
IHG often sells their points for 0.5 cents each and you can buy them from Daily Getaways today for that price.
Chase points can be cashed out for 1% cash or 1.5% or more towards travel or paying yourself back for purchases, so it would be a very bad idea to transfer them to IHG at the normal 1:1 ratio.
From now through 8/15, you can transfer Chase points to IHG at a 1:1.5 ratio.
While there are scenarios where IHG points can be worth more than they’re sold for, as you can buy 1.5 IHG points for 0.75 cents, it would be pretty ridiculous to transfer Chase points even with a 50% bonus.
Not all redemptions are good ones!
HT: Eluzer K.
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10 Comments On "Get 50% Bonus Points When You Transfer Chase Ultimate Rewards Points Into Its Least Valuable Partner"
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Dan, I’m sure you’re waiting for that Hyatt 50% bonus. :o)
Forsure Hyatt to get bonus and united
would the transfer count as activity to avoid expiration? if so then it would be a valuable transfer.
Can also just book and cancel an award stay 🙂
thanks! can it be cancelled right away?
Ihg chase points are not same value as ultimate rewards points? Also if I book and cancel the one free night from ihg hotel bonus what will happen?
What are the good hotel programs to transfer to?
Bonvoy Marriott is plus50%
Dan, what’s this new offer that Chase is offering called Sanctifly?
So who can chime in here on this if a room per night cash rate is $158 or 20K points per night and hotel is not offered on chase pay with points, is it so bad to transfer now chase points for a night that is 20K ?