# IHG One Rewards 12% Points & Cash Sale Through June 1

_May 3 10:34_

Tags: IHG One Rewards, promotion, hotel, loyalty program, award redemption, promo

IHG is offering a 12% discount on the cash portion of Points & Cash bookings for stays through June 1, 2026. Bookings must be made between April 20 and May 18, 2026

> **Check before acting.** This offer was last reported 188 days ago, on May 3, 2026. Registration deadlines and bonus windows close. We do not track whether this one is still live, so check the program's own page before acting on it. The reporting describes this as a targeted offer, which means it may not be available on your account.

## Summary

IHG One Rewards has launched a targeted Points & Cash sale offering a 12% discount on the cash portion of the booking price. This is slightly less than the typical 15% discount seen in previous sales. **Key Details:**
- **Offer:** 12% off the cash portion of Points & Cash bookings.
- **Booking Window:** April 20, 2026, to May 18, 2026.
- **Stay Window:** April 20, 2026, through June 1, 2026.
- **Eligibility:** IHG One Rewards members (targeted or open to all).
- **Mechanics:** IHG sells you points at the time of booking which are then redeemed for a full award night. The discount applies only to the cash component.
- **Cancellation:** If the award night is cancelled, both the original points and the purchased points are refunded. The cash portion is not refunded as cash but the points are returned.
- **Value:** The effective price per point is approximately 0.55 US cents, which is higher than buying points outright during a 100% bonus promotion (0.50 US cents). Members must be logged into their IHG account to see the discount. Time zones may vary slightly for the booking window depending on the hotel location

## Why it matters

Relevant for IHG One Rewards elites and award redeemers.

## Sources cited

- [LoyaltyLobby](https://loyaltylobby.com/2026/05/03/ihg-12-points-cash-sale-for-stays-through-june-1-2026-book-by-may-18?omhide=true) — IHG 12% Points & Cash Sale For Stays Through June 1, 2026 (Book By May 18)

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