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Until June 30, 2015, you can buy IHG Rewards Club points and get a 100% bonus on the points purchased.
IHG is the loyalty program of these brands, including InterContinental, Crowne Plaza, and Holiday Inn.
IHG points normally cost 1.15 to 1.35 cent each. With the 100% bonus, the price drops to 0.575 to 0.675 cents per point.
- 1,000 – 10,000 points for $13.50 per 1,000 points
- 11,000 – 25,000 points for $12.50 per 1,000 points
- 26,000 – 60,000 points for $11.50 per 1,000 points
If you buy 26,000 IHG points before June 30–the smallest number that gets the lowest price–you’ll receive 52,000 points for $299 or 0.575 cents each.
With the bonus, you can buy any amount of points from 2,000 to 120,000 in 2,000 point increments during the promotion.
IHG has nine categories of hotels that cost 10,000 to 50,000 points per night. There are some OK deals on this chart, but the best use of IHG Rewards points is always to book PointBreaks hotels for 5,000 points per night.
Buying points for 0.575 cents each and redeeming free nights at the 5,000 point PointBreaks price means hotels cost $28.75 per night.
When to Buy (Math)
Is buying IHG points for 0.575 cents each a good deal?
I would not buy IHG points speculatively for 0.575 cents each because I value them at 0.5 cents each. But if you have an immediate high value redemption in mind or if you are preparing your account for future PointBreaks, buying points can be a good deal.
For instance, at these prices, Category 1 properties would be $57.50 per night. Top tier Category 9 properties would be $287.50 per night. For all these categories, you can get a big discount off the retail nightly rate if you travel at a peak time.
Search your dream hotel to see how many points you’d need to book the hotel you want for a night. Search the dates you’d like to stay to see the paid price. If buying the points makes sense, there is award space on your dates, and you are ready to redeem now, buy the points.
For instance, this summer The InterContinental Resort and Spa Moorea Hotelin French Polynesia costs 40,000 points (Category 7) per night or about $313 after taxes.
For $690, you can but 120,000 IHG Rewards points and redeem them for three free nights at the hotel, saving $249 off of retail.
I plan to buy 1,000 points during the promotion with a 1,000 point bonus. That will get my account back over 5,000 points which is the key threshold to be able to always buy points for 0.7 cents each. That way if a good PointBreaks deal for me comes out on the next list, I can pounce.
Buy IHG Points with These Credit Cards
IHG points purchases are processed by points.com, so the purchases will not code as a bonus “travel” or “hotel” purchase on any credit card. You will not earn category bonuses from the purchase of IHG points.
That means you should make the purchase with whatever card you need to meet a minimum spending requirement on.
For me, that’s the Citi Prestige® Card, which I got for its 50,000 bonus points after $3,000 in spending in the first three months, its $250 Air Travel Credit that refunded my first $250 of airfare and award taxes this year, and its unrivaled airport lounge access.
You can buy 2,000 to 120,000 IHG points for 0.575 to 0.675 cents each. That’s too high to buy speculatively, but there are a lot of immediate awards you can book where that price offers great value.
Earn 50,000 bonus points (worth $800 in American Airlines flights) after spending $3,000 in the first three months on the Citi Prestige® Card. Plus get an additional $500 in free airfare on any airline in the first 12 months plus free airport lounge access worldwide for only a $450 annual fee. Why I got the card.