Got an email today titled: Just for you: 20% off Reward Nights
the Offer is for a 20% discount off the number of points needed to book a stay using points only. The cash portion of Points & Cash will also be discounted by 20% for each available option. Only those Reward Nights booked by 2/8/2022 for stays during the period from 1/26/2022 through 3/13/2022 qualify for the Offer. The 20% discount is offered at time of booking as identified on participating hotel’s booking page. This Offer and any redemption of points for Reward Nights are subject to the general IHG® Rewards Club membership Terms and Conditions . The Offer is not available to use along with the “Fourth Reward Night Free” cardmember benefit when booking a stay of 4 or more consecutive Reward Nights. The Offer will be applied for eligible cardmembers booking 3 or fewer consecutive Reward Nights. This offer is not from Chase. Chase is not responsible for the provision of, or failure to provide, the stated benefits and services.
As per DOC it is targeted and also valid for certificates