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Best IHG One Rewards Redemptions
Ranked by cents-per-point above our 0.58¢ baseline. These are the redemptions worth targeting when you have points to spend, but availability is the binding constraint, not points balance. Verify saver space before transferring.
2 curated redemptions
#1 · hotel
IHG One Rewards: 4th Night Free on Award Stays
Holders of an IHG One Rewards credit card (Premier, Premier Business, or Traveler) get every 4th night free on award stays of 4+ consecutive nights: book 4 nights, pay points for 3. This is a card benefit, NOT an elite-status perk. IHG prices dynamically with no fixed chart, so the savings scale with the nightly rate; top InterContinentals now run ~175,000/night, far above the retired 50,000 cap. Best used at high-demand properties like the InterContinental London Park Lane or InterContinental Bora Bora. Transfer from Chase UR at 1:1.
Global → Global· N/A
1.5¢
40,000 pts
~$600 cash
#2 · hotel
IHG InterContinental Properties (Dynamic Pricing)
IHG no longer publishes an award chart and has no Category 10 or 50,000-point cap; pricing is fully dynamic. Top InterContinental hotels commonly run 40,000-130,000+ points per night and can reach the 250,000/night program maximum (InterContinental Bora Bora prices ~175,000/night standard). Lower-demand dates at properties like the InterContinental London Park Lane can still land near 40,000. IHG also offers a 4th-night-free benefit on award stays of 4+ nights for cardholders. Transfer 1:1 from Chase UR (IHG is NOT an Amex Membership Rewards transfer partner).
Global → Global· N/A
1.3¢
40,000 pts
~$500 cash
Reality check:The CPP numbers above are bookable floors when saver space exists, not guaranteed prices. Big balance ≠ access to premium cabins. Plug your dates into the program's search tool first, find space, then transfer. Read our valuation methodology for why we're conservative.