What happened
Chase Ultimate Rewards and IHG have launched a points-to-points conversion offer for transfers executed between July 15 and August 31, 2026. Chase UR to IHG One Rewards conversions are bonused by 100% until July 31, and by 70% between August 1 – 31. July 15 – 31: 100% bonus = 1,000 Chase UR = 2,000 IHG One Rewards points August 1 – 31: 70% bonus = 1,000 Chase UR = 1,700 UHG One Rewards points As I have pointed out previously, these Chase UR to IHG conversions don’t make ANY SENSE, even at 100% bonus, as the 1:1 transfer ratio is inadequate