Through October 31, 2014, IHG Rewards Club is offering up to a 60% bonus on purchased 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
Then they’re offering anywhere from 30% to 60% bonus points, depending on how many you purchase:
- Purchase 5,000 to 19,000 points and get a 30% bonus
- Purchase 20,000 to 39,000 points and get a 40% bonus
- Purchase 40,000 to 49,000 points and get a 50% bonus
- Purchase 50,000 to 60,000 points and get a 60% bonus
So if you max out this promotion and purchase 60,000 points you’d end up paying $690 and would get a total of 96,000 IHG Rewards Club points.
That’s a rate of ~0.719 cents per IHG Rewards Club point.
Comparing this to past promotions, IHG Rewards Club just offered a 100% bonus on purchased points about a week ago, which is the highest we ever saw. Prior to that, IHG Rewards Club offered an up to 60% bonus on purchased points in August, which was one of the better bonuses they’ve run. So this isn’t an amazing rate, though is among the better ones we’ve seen. As a reminder, there’s a way to indirectly purchase IHG Rewards Club points for 0.7 cents each, though it comes with some risks.
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 October 1 and 11:59 PM ET October 31, 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 60% bonus?
IHG Rewards Club charges at most 50,000 points per free night, so if buying points that means you’d be paying ~$360 per night f0r a stay at one of their top hotels. That’s not an amazing deal, but there are certainly hotels where that’s considerably lower than the retail cost of a stay.
Redeem IHG Rewards Club points at the InterContinental Berchtesgaden