Through March 29, 2015, 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
IHG Rewards Club is offering a 60% bonus when you purchase between 5,000 and 60,000 IHG Rewards Club points.
Since the cost per point varies based on how many you buy, you’ll get the best deal if you purchase at least 26,000 points (before factoring in the bonus).
For example, if you purchase 60,000 points, you’d receive a total of 96,000 points at a cost of $690, which is a cost of ~0.72 cents per IHG Rewards Club point.
Comparing this to recent promotions from IHG Rewards Club:
- In October 2014, IHG Rewards Club offered up to a 60% bonus on purchased points
- In September 2014, IHG Rewards Club offered up to a 100% bonus on purchased points
- In August 2014, IHG Rewards Club offered up to a 60% bonus on purchased points
In the cases where IHG Rewards Club does sell points, the 60% bonus seems to be the standard offer. Keep in mind that Daily Getaways returns this coming week, and on Tuesday IHG Rewards Club points are up for sale.
Through the Daily Getaways promotion you’ll have the opportunity to purchase IHG Rewards Club points for ~0.6 cents each. Here’s a breakdown of how much the packages cost and how many are available:
|Number Of Points||Package Cost||Cost Per Point||Number Of Packages|
|15,000 IHG Rewards Club||$90||0.6 cents/point||1,000|
|25,000 IHG Rewards Club||$150||0.6 cents/point||1,000|
|50,000 IHG Rewards Club||$293||0.586 cents/point||1,500|
|100,000 IHG Rewards Club||$565||0.565 cents/point||3,850|
As you can see, lots of packages are available, so it shouldn’t be too tough to snag one (with some of the other hotel chains, even being able to purchase points is akin to winning the lottery).
Do keep in mind that there’s a way to indirectly purchase IHG Rewards Club points for 0.7 cents each, though it comes with some risks. Personally I’d rather “legitimately” purchase IHG Rewards Club points for ~0.72 cents each than go through the effort and take the risk of purchasing them indirectly for ~0.7 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.
There are many instances where it could make sense to pick up IHG Rewards Club points for ~0.7 cents each, whether you’re looking to redeem for a PointBreaks stay or for a stay at one of IHG’s top properties (which go for 50,000 points per night).
That being said, I’d probably first try to snag some points through IHG’s Daily Getaways promotion this coming Tuesday, and otherwise purchase points through this promotion.
How much do you value IHG Rewards Club points at?