Buy IHG Points With 100% Bonus

Through September 22, 2014, IHG Rewards Club is offering up to a 100% bonus on purchased points. That’s the best bonus I recall ever seeing on IHG Rewards Club points.

IHG-Points-Bonus

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 you’d end up paying $690 and would get a total of 120,000 IHG Rewards Club points.

IHG-Bonus-1

That’s a rate of ~0.575 cents per IHG Rewards Club point.

As a point of comparison, IHG Rewards Club offered an up to 60% bonus on purchased points in August, which was already one of the better bonuses they’ve run. When IHG Rewards Club participated in Daily Getaways earlier in the year, the lowest cost at which they were selling points was ~0.57 cents each.

As a reminder 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 12:00 AM ET September 15 and 11:59 PM ET September 22, 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.

Is it worth buying IHG points with a 100% bonus?

IHG Rewards Club charges at most 50,000 points per free night, so if buying points that means you’d be paying $287.50 per night f0r a stay at one of their top hotels. If you’re a fan of IHG hotels, that’s a heck of a value, given that many retail for $500+ per night. So I wouldn’t speculatively buy points at this rate just for giggles, but there’s definitely value to be had.

InterContinental-Thalasso-Bora-Bora
Redeem IHG Rewards Club points at the InterContinental Thalasso Bora Bora

Comments

  1. Since UR transfers to IHG are poor value, are these point purchase opps the best way to acquire a bunch of IHG pts? (Outside of employer-sponsored stays at IHG properties)

    I don’t see another way…

  2. Worth to buy airline miles from IHG points? I can see on the IHG website, that they ask 10 000 IHG points for 2000 mile.

    So 120 000 IHG points equal to 24000 miles for 690USD which is 0,28 CPM if I’m correct.

    Is it possible to “buy” miles using IHG bonus points as well?

  3. @Tom – often these programs don’t let you transfer out purchased points. I wouldn’t count on the ones purchased in this promo as being transferable. They may all show as in one bucket but i feel sometimes they internally keep track.

  4. @Tom – $0.28/mile for airline miles sounds terrible given that even the most ambitious (“I only redeem for Cathay Pacific First”) user of miles wouldn’t value miles at over $0.08/mile on the best of days.

  5. Is this cheaper than “buying” it the other way — through points and cash, and canceling your reservation ?

  6. This would put PointBreaks redemptions at less than $30 per night – could be a great deal depending what properties are on the next list.

  7. When you consider that IHG credit card holders get a 10 percent rebate on points redemptions, their net cost for a room at a top notch Intercontinental is even lower – $258.75.

  8. Hey Lucky,

    I see the T&C says 24/48hrs, but wondering if you have any first hand experience. Wanted to buy this for a hotel that only has 2 rooms left for the dates I need.

    Thanks!

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