What IHG One Rewards Points Are Worth (September 2026)

Cash floor: 0.4¢ — No cash-out; value comes only from a room

Issuer travel portal: — · Transfer target: 0.6¢ · Peak: 1.0¢

Why we use 0.6¢

The cheapest points on this list per point, earned in the largest quantities. Fourth-night-free on awards is the structural advantage.

Where owners lose value

Huge point balances tempt owners into treating them like money. At 0.6¢, 100,000 IHG points is about $600, not $1,000.

Where the peak number comes from

• Fourth night free on every award stay
• Anniversary free night used above its certificate cap

Business cards that earn IHG One Rewards Points

• IHG One Rewards Premier Business — Fourth-night-free on awards plus a yearly certificate; earn rate is high, value per point is low.

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