Chase Ultimate Rewards now has a transfer bonus to IHG of “up to” 60%! But the final transfer ratio is still only 1:1.6. If you value IHG points at their floor cost of 0.5 c/p based on points sales, then UR points are worth only 0.8 c/p in this transfer. So unless you’re just a little short on points for an award, or you need to top off for the IHG fourth-night-free benefit on award stays, we don’t recommend transferring points...
