IHG made another small but welcome change today. Diamond members can now transfer points to other IHG members for free, but only as a one-way transfer. The limit is 500,000 IHG points per calendar year.
In addition to Diamond members, IHG Business Rewards members will also get the same benefit. Previously, point transfers cost $5 per 1,000 points, so basically nobody bothered. The one-way aspect is actually the key detail here: in general, people would not want to transfer points into an account with a lower status level to make a booking, since the elite benefits would not be as good as what a Diamond member receives.
