Can I convert IHG points to money?

Yes. You can sell IHG reward points for instant cash with online miles brokers. For example, MilesBuyer is your trusted online points broker who provides the best industry rate for IHG miles.



You cannot directly "cash out" IHG One Rewards points through the official IHG website, but there are several indirect ways to convert their value into money or "cash-equivalents." The most common official method is to redeem points for retail gift cards through the IHG catalog, which effectively acts as cash for stores like Amazon or Target. Alternatively, you can use "Points & Cash" to book a stay, where your points reduce the actual cash outlay for a room. In 2026, there are also third-party "points brokers" (like MilesBuyer) that offer to purchase your points for cash via PayPal, typically offering around $70 per 10,000 points. However, be warned: selling your points to a third party is a violation of IHG's terms and conditions and can lead to your account being permanently banned. The best "legal" value is usually found in transferring points to airline miles, which can sometimes have a higher redemption value than a straight cash-equivalent conversion.

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By selling your hotel points, you can receive cash that can be used to book your next hotel stay and earn extra points for your upcoming trip. This approach has the added benefit of being recorded as a business expense, which is not possible when redeeming points for hotel stays.

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For non-elite members, your IHG One Rewards points expire if you have 12 months of inactivity. However, IHG points do not expire for elite members. Per the IHG FAQs, you need to either earn or redeem points during a 12-month period to keep your points from expiring.

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In general, the best use of your IHG points is using them to book actual hotel rooms. NerdWallet values IHG points redeemed for IHG hotel stays at 0.8 cent each, which is far more than their value when redeemed for airline miles or gift cards.

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Ultimately, deciding whether to redeem points rather than pay cash for travel is a personal choice. You'll get more value by using them for high-priced travel experiences. But if you're a budget traveler who just wants to save a few bucks, use your points for that economy flight or low-category hotel redemption.

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IHG points are worth about 0.8 cent apiece. This is the same value as Marriott points, but far less than Hyatt points. The most straightforward way to earn IHG points is through actually staying at IHG hotels.

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With 125,000 points you can book five nights, plus you'll get one additional night thanks to the card's fourth night free benefit.

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