IHG has launched its latest promotion for points purchased. This is the best offer we’ve seen from the program so far this year.
Buy IHG points with 100% bonus
Until Tuesday, March 16, 2021, the IHG Rewards Club is offering a sale of purchased points. IHG offers a 100% bonus as long as you buy at least 11,000 points in one transaction.
If you have used the promotion to the maximum and bought 150,000 points before the bonus, you will receive a total 300,000 points at a price of $ 1,500, that’s a rate of 0.5 cents per point.
The IHG Rewards Club sells points quite often and when the program does this the bonus is usually in the 75-100% range. As you can see this listing is as good as it gets.
While IHG® Rewards Club Premier Credit Card (Review) offers a 20% discount on points purchased. This benefit only applies when purchasing points at normal cost and would not be applicable here.
A big advantage of the card, however, is that it offers a fourth night for free when redeemed, so you can book four nights and only pay for three. If you stay in one place for four nights, you can think of another 25% discount.
Which credit card should you use to buy IHG points?
IHG Rewards Club point purchases are processed by points.com, ie they do not count as hotel purchases for credit card issuance purposes.
So I would recommend using a card that you try to meet a minimum spending requirement or otherwise a credit card that will maximize your return on daily expenses, such as a credit card Chase Freedom Unlimited® (Review) or Citi® Double Cash Card (Review).
In this post, you will learn more about which credit cards are best for purchasing points.
Is it worth buying IHG points?
Over the years the IHG Rewards Club has downgraded its redemption rates a few times, although it wasn’t necessarily bad news for people buying points. IHG has reduced the cost of purchasing points. Many promotions have increased the cap on the number of points you can buy IHG® Rewards Club Premier Credit Card and IHG® Rewards Club Traveler Credit Card (Review) Both offer great fourth night free perks.
For example, at a price of 0.5 cents per point, you could get 210,000 IHG Rewards Club points for $ 1,050.
With a few exceptions, IHG’s most expensive hotels typically sell for 70,000 points per night. So if you had the IHG Premier Card you could get four nights for that price. That’s equivalent to paying ~ $ 263 a night, including taxes and fees, on some of the best IHG properties.
This translates into significant savings over what many of these hotels typically charge.
IHG also recently introduced dynamic pricing and in many cases the pricing is attractive although it is increasingly becoming a mixed bag.
I wouldn’t speculatively buy points, but there is value to be had in the right circumstances. Sometimes this can be a deal for IHG’s high-end hotels, and sometimes there is value in mid-size properties as well.
An example of when I bought points
A few years ago I bought IHG points with a 75% bonus. I wanted to go to Beirut and chose the InterContinental Phenicia Beirut. It is widely considered to be one of the top five hotels in town and several people have recommended me to stay there.
It was a very good use of points. For my three night stay, the absolute lowest cost was $ 868 including taxes and fees.
In reality, this was the prepaid rate while the flexible rate for the three nights would have been over $ 1,000 (and I would probably have booked that otherwise).
In the meantime, this hotel was only costing 30,000 IHG Rewards Club points a night.
I didn’t have a lot of IHG Rewards Club points, nor have I speculatively bought them in the past.
With the 75% bonus, I was able to buy 91,000 points (more than enough for three nights) for $ 510, which was roughly half the flexible price.
Sometimes I think it’s useful to share the circumstances in which I buy points and explain why. I don’t advertise offers for points purchased because I think everyone should always buy them. Rather, I think it’s about buying points for proper use.
IHG Points Promo Bottom Line
The IHG Rewards Club has just started a flash sale for a bonus of up to 100% on points purchased.
While I wouldn’t buy points speculatively, there are definitely circumstances in which it might make sense to buy IHG points. I also think that given the brand’s global presence, it is valuable to have a “reserve” of IHG points. If you want to collect IHG points, a 100% bonus is as good as it gets.
Combined with the IHG card, you can get even more value from the promotion, giving you a fourth night free on award redemptions.
Are you planning to purchase IHG points with a 100% bonus?