IHG One Rewards has launched a promotion offering 15% off award night pricing at select newly opened and recently renovated properties through December 31, 2026. For frequent flyers who hold IHG points or Chase Ultimate Rewards with IHG as a transfer partner, this discount window creates an opportunity to book premium stays at reduced award rates. However, the transfer timing matters: Chase points transfer to IHG at a one-to-one ratio, and award pricing at these properties can fluctuate. This checklist walks through the steps to secure a discounted award night before the promotion ends.
IHG has published the list of participating new and refreshed hotels on its promotion landing page. The properties span multiple brands including InterContinental, Kimpton, and Hotel Indigo locations in North America, Europe, and Asia. Before transferring any points, search award availability on IHG’s booking site for your desired dates and confirm that the 15% discount is reflected in the displayed point price. IHG typically shows the discounted rate directly on the award calendar, but the promotion may require booking through a specific link or logging into your One Rewards account to see the reduced price.
Even with a 15% discount, some IHG award nights deliver poor value compared to cash rates. A property charging 40,000 IHG points per night with the discount applied to 34,000 points works out to poor value if the cash rate is only $170, yielding roughly half a cent per point. In contrast, a property where the discounted award rate of 25,000 points replaces a $400 cash rate delivers 1.6 cents per point, a strong redemption. Always run the cents-per-point calculation before committing points to an IHG award stay.
If you hold Chase Ultimate Rewards and plan to transfer points to IHG for a discounted award, initiate the transfer only after confirming award availability at the discounted rate. Chase to IHG transfers are generally instant, but delays can occur. Do not transfer on a Friday evening or before a holiday weekend when support is unavailable. Once the transfer lands in your IHG account, book the award immediately to lock in the discount. The 15% off promotion applies to bookings made through December 31, 2026, but award inventory at popular new properties can disappear quickly.
IHG credit card holders, including those with the IHG One Rewards Premier card, receive the fourth night free on award stays of four or more nights. This benefit stacks with the 15% discount, reducing the effective cost further. When planning a longer stay, compare the cost of a three-night award booking with the discount to a four-night booking that applies both the discount and the fourth-night-free benefit. The additional night may reduce your per-night point cost even if you do not need the fourth night.
This article draws on publicly available information from IHG One Rewards promotion terms, Chase Ultimate Rewards transfer partner data, IHG award pricing patterns, and IHG credit card benefit terms.
Q: Does the 15% discount apply automatically? A: In most cases the discount appears directly on the award calendar, but check that you are logged into your One Rewards account.
Q: Can I combine the 15% discount with other promotions? A: Stacking eligibility varies. The IHG Premier card fourth-night-free benefit generally stacks, but confirm terms for other promotions.
Q: When should I transfer Chase points to IHG? A: Transfer only after confirming discounted award availability and during business hours when support is available.