Chase is running two simultaneous transfer bonuses through April 30, 2026: a 20–30% bonus when transferring Ultimate Rewards points to Air Canada Aeroplan, and a 70% bonus when transferring to IHG One Rewards. Both bonuses are available to Chase Sapphire Preferred, Chase Sapphire Reserve, and Chase Ink cardholders. The IHG bonus in particular is one of the most generous UR transfer bonuses Chase has offered this year.

Bonus 1: 20–30% Aeroplan Transfer Bonus (Expires April 30)

Chase UR cardholders can transfer points to Air Canada Aeroplan at a boosted ratio through April 30, 2026:

• 20% bonus (all UR cardholders): 1,000 UR points transfer as 1,200 Aeroplan miles. The base ratio is 1:1, so every 1,000 points you transfer nets 200 extra Aeroplan miles.
• 30% bonus (Chase Aeroplan cardholders, 50,000+ point transfers): If you also hold the Chase Aeroplan card and transfer 50,000 or more UR points in a single transaction, the bonus increases to 30%. 50,000 UR transfers as 65,000 Aeroplan miles.

Aeroplan is a Star Alliance program, which means the miles can be used for partner flights on United, Lufthansa, Swiss, Air India, Avianca, and dozens of other carriers. Aeroplan uses a distance-based award chart with no fuel surcharges on partner airlines, which makes it one of the more useful programs for transatlantic and transpacific itineraries. The 20% bonus is meaningful on transfers of 20,000 or more points: 20,000 UR becomes 24,000 Aeroplan, which puts a transatlantic business class award (starting around 55,000–70,000 miles) within reach sooner.

Bonus 2: 70% IHG One Rewards Transfer Bonus (Expires April 30)

The IHG One Rewards transfer bonus is the stronger of the two offers. Through April 30, 2026:

• 1,000 UR points transfers as 1,700 IHG points (base ratio is 1:1; bonus adds 700 points per 1,000 transferred)
• 20,000 UR transfers as 34,000 IHG points
• 50,000 UR transfers as 85,000 IHG points

IHG points are worth roughly 0.5–0.7 cents each at typical redemptions. At 1,700 IHG points per UR, a transfer from Chase UR returns about 0.85–1.2 cents per UR point at IHG redemption, which is close to what you would get through the Chase Travel portal without using a transfer at all.

Where the IHG bonus has real value: IHG’s fourth night free benefit (available to IHG One Rewards Premier cardholders) and off-peak pricing at Kimpton, InterContinental, Holiday Inn, and other IHG brands. If you have a specific hotel redemption in mind at an IHG property costing 30,000–50,000 points per night, transferring UR at the 70% bonus makes the math work in a way it normally wouldn’t. Transferring 18,000 UR to get 30,600 IHG points is a better deal than paying 30,000 UR through the standard transfer ratio.

Who Can Use These Bonuses

Both bonuses are available to holders of any card that earns Chase Ultimate Rewards points:

• Chase Sapphire Preferred (rates verified 2026-03-22)
• Chase Sapphire Reserve (rates verified 2026-03-22)
• Chase Freedom Unlimited (must be paired with a CSP or CSR to access transfers)
• Chase Freedom Flex (same pairing requirement as CFU)
• Chase Ink Business Preferred, Ink Business Cash, Ink Business Unlimited

Note on Freedom cardholders: Chase Freedom Unlimited and Freedom Flex points can only be transferred to airline and hotel programs if you also hold a Sapphire card (CSP or CSR) or a Chase Ink Preferred card. Without a qualifying card in the account, Freedom points can only be redeemed as cash back or statement credits. If you have a large Freedom balance, pair it with a CSP or CSR to unlock the transfer ability before this bonus expires.

How to Transfer (Step by Step)

1. Log into the Chase Ultimate Rewards portal (ultimaterewards.com)
2. Select “Transfer to travel partners” from the main menu
3. Choose Air Canada Aeroplan or IHG One Rewards from the partner list
4. Enter the number of UR points to transfer (minimum varies by partner, typically 1,000 point increments)
5. Confirm the transfer: the bonus will apply automatically during the promotional period

Transfers are one-way and typically process within minutes, though Aeroplan transfers can occasionally take 24–48 hours to appear. Do not transfer until you have a specific redemption in mind: transferred points cannot be returned to UR once the transfer completes.

Best Uses for Aeroplan Miles Right Now

Aeroplan is especially useful for:

• Transatlantic business class via Lufthansa or Swiss: Aeroplan has historically priced these awards at competitive rates compared to booking directly through Lufthansa miles (which charges substantial fuel surcharges). Look for 55,000–70,000 miles one-way in business class on select routes.
• United domestic and international awards: Aeroplan is a direct partner with United. Domestic US routes often price at 12,500–15,000 miles each way in economy, which is useful for short-haul trips.
• Air India transatlantic flights: Aeroplan has favorable pricing on Air India’s nonstop routes from North America to India, with reasonable rates in business class.

Check availability on the Air Canada website before transferring: Aeroplan uses dynamic award pricing on some routes, and saver rates are limited. Transfer only what you need for a confirmed itinerary.

Best Uses for IHG Points Right Now

• Kimpton properties: IHG’s boutique brand frequently has reasonable award rates (20,000–40,000 points per night) at properties with cash prices of $200–$350/night.
• Holiday Inn and Holiday Inn Express: For practical travel where cash rates are high, IHG points provide consistent value at these midscale brands.
• Fourth night free: IHG One Rewards Premier cardholders receive a free fourth night when booking award stays of 4+ nights at the same property. This stacks with the transfer bonus, turning 3 paid nights into 4 and meaningfully improving the effective redemption rate.

Should You Transfer Now?

The answer depends on whether you have a specific redemption ready. The transfer bonus does not change the calculus for speculative point accumulation: converting UR to a hotel or airline program reduces flexibility, and transferred points cannot be returned.

Transfer now if: you have a trip planned that requires Aeroplan or IHG points, you’ve confirmed award availability, and the bonus improves the math enough to make the transfer worthwhile. For the Aeroplan bonus, a 20% increase on a 55,000-mile business class award means you need 45,833 UR instead of 55,000 to get the same award. For IHG, the 70% bonus drops the effective cost of a 30,000-point redemption from 30,000 UR to about 17,600 UR.

If you don’t have a specific redemption in mind, keep the points as UR where they retain maximum flexibility. The bonus expires April 30.

Bottom Line

Chase’s Aeroplan and IHG transfer bonuses through April 30, 2026 are worth acting on if you have a specific redemption in mind. The 70% IHG bonus drops the UR cost of IHG award nights meaningfully, and the Aeroplan 20–30% bonus improves the value of Star Alliance transatlantic redemptions. Cardholders who want to earn more UR points to take advantage of future transfer opportunities can apply for the Chase Sapphire Preferred or the Chase Sapphire Reserve. Both earn UR points that are eligible for these and future transfer promotions.

Frequently Asked Questions

Q: When exactly do the Chase UR transfer bonuses expire?
A: Both the Aeroplan and IHG bonuses expire April 30, 2026. Transfer must be initiated and confirmed before midnight on April 30 to receive the bonus. Check the Chase UR portal at the time of transfer to confirm the promotion is still active.

Q: Can I transfer UR points from a Chase Freedom card to Aeroplan or IHG?
A: Yes, but only if you also hold a Chase Sapphire Preferred, Chase Sapphire Reserve, or Chase Ink Preferred. Freedom points must be pooled with a qualifying card to access partner transfers. If you only hold Freedom cards, you cannot transfer to travel partners.

Q: Is the 30% Aeroplan bonus only for Chase Aeroplan cardholders?
A: The 30% bonus applies to Chase Aeroplan credit card holders who transfer 50,000 or more UR points in a single transaction. All other UR cardholders receive the 20% bonus regardless of transfer amount. Verify your eligibility in the Chase UR portal before initiating a transfer.

Q: How long do Aeroplan and IHG transfers take to appear?
A: IHG transfers typically appear within minutes. Aeroplan transfers can take a few minutes to 24–48 hours in some cases. Do not book an award that requires the transferred points until you confirm the miles appear in your partner account.

Q: Are there other active Chase UR transfer bonuses right now?
A: As of April 14, 2026, the active bonuses are Aeroplan (20–30%) and IHG (70%). Check the Chase Ultimate Rewards portal directly for any additional partner bonuses added after this date, as promotions change frequently.