IHG One Rewards has launched yet another promotion today. For this promotion, it is not a buy point or stays instead it will be on award nights.
Save 15% On IHG One Rewards Award Night Booking
IHG One rewards is offering targeted members 15% when booking an award night. The points booking must be made by this Friday, October 28, 2022, and stays must be finished by December 16, 2022.
This promotion is likely to be targeted to IHG’s elite members as well as those with Chase co-branded credit cards. I can see those with the base tier did not receive this offer on their accounts.

This is a great offer to redeem points at a cheaper rate. Not only for the full points redemption the discount applies but the Points + Cash rates apply too. On the Points + Cash option, the points portion will be discounted. For IHG One Rewards co-branded cardholders, both cash and points were given a 15% discount.
The terms and conditions are as below:
- Booking must be made by October 28, 2022.
- Stays must end before December 16, 2022.
- The Offer is not available to use along with the “Fourth Reward Night Free.”
- The Offer will be applied to eligible card members booking three (3) or fewer consecutive Reward Nights.
How Many Points Are Needed?

IHG uses dynamic award pricing, meaning the point rate varies depending on numerous factors such as date and time of the year. But with this offer, members can save quite a number of points.
For example, Grand Intercontinental Seoul Parnas costs 32,000 points per night to redeem. But with the promotion, you are able to book it for 27,200 points. This is an excellent offer as you could save more as the points rate increases.
Summary
IHG One Rewards has launched a promotion where select co-branded cardholders and elite members are eligible for a 15% discount on award nights. This is a great offer for those who are looking to redeem points as it is not every day that IHG launches a discount on award stays.