IHG One Rewards is currently offering a promotion for award stays, which could save you quite a few points on a redemption. While the promotion has been available to those with a co-branded credit card for several days, it has today been extended to elite members.
In this post:
Save 20% on free night award redemptions
IHG One Rewards is offering members 20% savings on award stays:
- You must book by January 20, 2023
- You must stay by March 10, 2023
- This is available to those who have the IHG® Rewards Premier Credit Card (review) or IHG® Rewards Traveler Credit Card (review), as well as those who have IHG Platinum or IHG Diamond status
- For those with a co-branded credit card, the offer is only available for stays of up to three nights; that’s because cardmembers get a fourth night free on award redemptions, so that’s a better value
- The 20% discount is offered at the time of booking (you should see both the original price and discounted price listed)
- This can also be applied to Points & Cash bookings, but only the points portion is discounted

If you have any upcoming travel plans, this offer is definitely worth keeping in mind. And if you have already booked any stays during the offer period but can still rebook, that could be worth doing.

This is a generous offer
This offer from IHG is potentially quite lucrative:
- Since IHG One Rewards largely has dynamic award pricing, you might as well redeem when there’s a further discount on redemptions
- This is even useful for those with IHG free night certificates; they can be used for properties costing up to 40,000 points per night without a top-off, so you could redeem at more expensive properties than usual with this offer
- I’d say the major catch here is the limited travel window, as you need to stay in the next couple of months
The IHG One Rewards loyalty program has been nicely refreshed, with new perks for IHG Platinum and IHG Diamond members, plus the IHG Milestone Rewards program. When the new program was launched in the spring of 2022, we were promised that there would be occasional award sales, so this is one of those.

Bottom line
IHG One Rewards is offering a 20% discount on award stays. This is valid for bookings through January 20, 2023, and for stays through March 10, 2022. This is available to those with a co-branded IHG credit card, as well as to IHG Diamond and Platinum members. This could be a great time to make an IHG award booking with points or a free night certificate.
Do you plan on taking advantage of this IHG award discount?
I prefer this to point breaks by far.Point breaks were in many undesirable destinations and lesser properties
IHGs IT sucks
Sometimes the discount works and other times no discount at all on any property weird
Its intermittent
Lucky once again you have added some value for me. I had a stay comming up at six senses Seychelles. And so I called this morning canceled and rebooked, and should get almost 200k points back (insanity points prices there).
What’s the cancellation policy with these redemption bookings? Not non-refundable I hope.
And a few days later, so many properties raise the redemption rates.
You still get 20% savings today, but your 20% savings from a few days ago is now like 5% today.
Dirty dynamic pricing trick.
How do you know if you are really getting the discount or not? Dynamic pricing as you said, so the hotel's rates could be disproportionately expensive making it seem like you got a discount when you did not.
I tried on a few dates at the app, and you will see the original price crossed out and replaced with the discounted price below.
Some hotels are costing the same in points, so it's a genuine discount
Not the "original" price, but the price the moment you searched. In many cases, the original price before the promo started was 10-15% lower. I booked several hotels within hours of the promo starting. The base award price for all of them had gone up within under a day.
This deal is also offered to holders of the U.K.-based IHG Premier card issued by Creation.
This card doesn’t offer a fourth night free on redemptions, so extended stays have the 20% discount applied on the entire stay.
I’m Diamond Elite/Ambassador. Strangely enough, this didn’t keep me from reading Ben’s post, which clearly explains the offer opens to non Chase IHG cardholders from the 13th ;)
Able to book a Kimpton in ATL that normally costs 47,000pts/night using my cc free night cert with this promo without topping up the points. Getting $380 value for $49 annual cc fee and this promo. Thanks for the post Ben!
im diamond ambassador and i cant see this offer
Worked well for me. I have two upcoming 3 night stays at some basic HIE properties. Nothing fancy, but 1 of the 2 properties even went down in base price, plus this discount, I am saving 40-45,000 points! Timely article, thanks!
As a Diamond Ambassador, I cannot see this offer.
Could be extremely useful for a 3 night stay from tomorrow, where cash rates are 250€ and points 33k per night.
As I have just burned all of my points, I would need to generate points with Points & Cash cancellation, where I would come out to 0.6 cpp. Not really worth it, but the 20% discount would male me switch from the Hilton
Works if you have a co-branded IHG credit card (I am also Diamond Ambassador, and it worked for me).
I just cancelled and rebooked a points night (originally 25,000 points at LAX airport Holiday Inn), dropping my cost to 18,400 points.
Note that the base points had actually gone down by 2,000 points, even before the discount, which is good reason to periodically check in on your existing reservations even when no promotional discounts are in effect.
I still miss the old PointBreaks.
Yes they were awesome
Would the further 10% point rebate for possessing IHG select credit card still be applicable to these discounted free nights?
I have always gotten the rebate on past offers like this.
Yes it did last time in November when we had similar sale.
Used 59k for Cayman and got additional 10% back
I am Diamond but not a CC holder and am not seeing the discount unfortunatly.