IHG, a leader in the hospitality industry, has introduced an exciting update for its Diamond Elite and IHG Business Rewards members. Starting from December 6, 2023, these members can now enjoy the benefit of transferring points between accounts without any fees. This new policy marks a significant shift from the previous charge of $5 per 1,000 points, offering a more flexible and cost-effective way for members to manage their points.
Key Highlights of the New Perk
- Free Point Transfers for Diamond Elite and Business Rewards Members: If you’re a member of either of these tiers, you can now transfer points to other accounts without incurring any charges.
- Standard Charges for Other Members: For members outside these tiers, the standard rate of $5 per 1,000 points transferred will apply. This fee is payable via a valid, accepted credit card or approved payment method.
- Business Membership Enrollment: Interested in joining the IHG Business Rewards program? See the link below. Keep in mind that you need to be a member for at least 30 days before you can transfer points.
- No Enrollment Fee for Business Membership: Currently, there is no fee to become a business member, making it an opportune time to join and take advantage of this new benefit.
Why This Matters
For frequent travelers and those who regularly use IHG services, this update is a game-changer. It allows for greater flexibility in managing points, especially for those who accumulate them through business travel or frequent stays. The ability to transfer points freely can help in consolidating points from different accounts, making it easier to redeem them for valuable rewards.
How to Make the Most of This Update
- Consolidate Orphan Points: If you have points scattered across different accounts, now is the time to consolidate them without worrying about additional costs.
- Plan for Upcoming Travels: With the ease of transferring points, you can strategically plan your travels and hotel stays, ensuring you make the most out of your IHG points.
- Consider Business Membership: If you’re not already a business member, consider enrolling to leverage this and other benefits.
IHG’s decision to waive point transfer fees for its Diamond Elite and Business Rewards members reflects a commitment to providing value and flexibility to its loyal customers. This move not only enhances the overall member experience but also positions IHG as a customer-centric brand in the competitive hospitality industry. Whether you’re a frequent business traveler or a leisure traveler looking to maximize your rewards, this update opens up new possibilities for managing and utilizing your IHG points.