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Can you trade hotel points for cash?

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.



While most hotel loyalty programs (like Marriott Bonvoy, Hilton Honors, or World of Hyatt) do not offer a direct "Points for Cash" button on their official websites, you can effectively trade them for cash through several indirect methods. The most common "official" way is to redeem points for retail gift cards (e.g., Amazon or Starbucks) or "Statement Credits" if you have a co-branded credit card, though this usually offers poor value (often 0.3 to 0.5 cents per point). In 2026, many people turn to third-party mileage and point brokers who will buy your points for a cash payout via PayPal or bank transfer. While this can provide "instant liquidity" for unused points, it is important to know that selling your points often violates the airline or hotel's Terms of Service, which could result in your account being audited or shut down if you are caught. A safer, "middle-ground" option is to use your points to book a hotel stay for a friend or family member who then pays you directly, or to use the "Cash + Points" booking option to reduce the out-of-pocket cost of your own travel, thereby "saving" your actual cash.

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For example, 140,000 IHG points are worth an estimated $700 in value. However, these points fluctuate in value depending on how you use them. If an IHG hotel requires more points than usual for a reward night, points will be worth less.

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On average, IHG One Rewards points have a value of 0.5 cents to 0.7 cents each, giving 1,000 IHG points a valuation of roughly $5–$7.

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On paper, TPG values 1 million Hilton Honors points at $6,000, which is much lower than some other programs we've looked at in this series. However, as you're going to see, there are some tricks you can use to squeeze more value out of these points.

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Do IHG One Rewards Points expire? IHG One Rewards points never expire for Elite Members. For Club members, points will expire after 12 months if there's no account activity.

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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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Free nights can be redeemed for as few as 5,000 Points per night and no more than 95,000 Points per night for a standard room.

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Can I transfer points to a family member or friend? Yes, IHG One Rewards points can be transferred to another IHG One Rewards member in 1,000-point increments for a fee of $5 USD per 1,000 points. To transfer points, visit our Transfer Points page.

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