Through August 18, 2014, IHG Rewards Club is offering a widely targeted bonus of up to 60% on the purchase of points.
The cost to purchase points varies based on how many you purchase, as follows:
- 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
So if you max out this promotion and purchase 60,000 points (the most you can purchase in a calendar year) you’d end up paying $690 and would get a total of 96,000 IHG Rewards Club points.
That’s a rate of ~0.72 cents per IHG Rewards Club point.
Keep in mind there’s a workaround for purchasing IHG Rewards Club points for 0.7 cents each, so in almost all cases it’s not worth taking advantage of this offer. Back in the day purchased points would count towards elite status while points purchased through the workaround wouldn’t, but nowadays even purchased points don’t count towards elite status, so there’s not much of an advantage to purchasing points that way.
IHG Rewards Club points purchases are processed by points.com, so wouldn’t qualify as hotel spend for the purposes of your credit card.
Here are the full terms:
*Offer available for purchases made between 6:00 PM ET July 24 and 11:59 PM ET August 18, 2014 inclusive. Bonus points will be awarded upon completion of the transaction. Bonus points will be awarded to the recipient of the points purchase. Offer is subject to change. Offer cannot be combined with any other offer. Only purchases made online are eligible for the bonus.Price includes all applicable fees. Purchased Points are not refundable and are applicable toward all IHG® Rewards Club awards. Members may purchase a maximum of 120,000 points per calendar year and receive as a gift a maximum of 120,000 points per calendar year. Please allow 24-48 hours for points to post and appear in the recipient’s account. All other IHG® Rewards Club Terms and Conditions apply.