Originally Posted by
mahasamatman
If they don't claw it back, then it's worth it. Otherwise, it isn't because of the jacked-up rates and loss of elite benefits.
It appears that at least
some IHG properties booked through the Chase travel portal will honor IHG elite status.
I have found that the hotel rates for some stays booked through the Chase travel portal are jacked up, while some others are not. YMMV. But I do believe that Chase does not claw back the $50 credit on a cancelled reservation.