Today’s Daily Getaways: Buy IHG Rewards Club Points For Cheap

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Daily Getaways, which is a promotion sponsored by the US Travel Association, has returned as of this week. Over the next five weeks all kinds of travel packages will be on sale, starting weekdays at 1PM ET.

Daily-Getaways-2015-1

On some days there will be lots of competition for the travel packages, while other days they’ll be quite easy to snag. Personally I’m most excited about the travel packages offering hotel points.

Today IHG Rewards Club points go on sale through Daily Getaways, which is the single biggest promotion in terms of the number of available travel packages.

Below is a chart with the details of the packages, how many packages you can buy, etc.

# Of PointsCostCost Per Point# Of PackagesLimit
15,000 IHG Rewards Club$900.6 cents/point1,0005
25,000 IHG Rewards Club$1500.6 cents/point1,0004
50,000 IHG Rewards Club$2930.586 cents/point1,5004
100,000 IHG Rewards Club$5650.565 cents/point3,8503

This is the single largest promotion available during Daily Getaways, with over 7,000 packages for sale. So while some sales are super competitive, I doubt this one will sell out in a matter of minutes (I’d be surprised if all the packages even sell out in a matter of days).

And it’s also the promotion where you can purchase the most number of packages. Total you can purchase up to 16 packages, for a total of 660,000 IHG Rewards Club points, if you’re so inclined.

The cost per purchased point through this promotion is ~0.565-0.6 cents per mile, which is very reasonable. Personally I value IHG Rewards Club points closer to ~0.7 cents each, as they can indirectly be purchased for that amount.

So in theory I’m a buyer at this price:

  • At the high end, IHG Rewards Club points redemptions go for 50,000 points per night, so $300 for a stay at a top InterContinental isn’t bad
  • Mid-range properties can be a great deal under this promotion — properties like the Crowne Plaza Beijing are 20,000 points per night, so that’s like paying $120 for a stay there
  • At the low end, PointBreaks stays go for just 5,000 points per night, so that’s like paying $30 for a stay at a PointBreaks property

Of course what the above doesn’t account for is the cost of holding points and the risk of devaluation.

Do keep in mind that you receive Platinum status just for having the IHG® Rewards Club Select Credit Card, which can add further value to your stay in terms of room upgrades and other “special” treatment. Also, you get a free anniversary night certificate each year just for keeping the card. Purchasing further IHG Rewards Club points can be a great way to supplement that free night certificate for a longer stay.

Bottom line

With a specific use in mind, this can be a great value. I know lots of people that “indirectly” purchase IHG Rewards Club points for 0.7 cents each, so this is even a significantly better deal.

That being said, I’m not sure I’d speculatively purchase too many points, without a short to mid-term plan for redeeming them.

Do you plan on purchasing IHG Rewards Club points at this rate?

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Comments

  1. I buy some of these every year and never regret it. I use them to stay at pricier InterContinental hotels in cities like NY or London and it’s a good deal. Too bad there isn’t the additional 10% Amex discount this year, though.

    @JTD: Last year my points posted within 48 hours, if I recall correctly.

  2. Do Daily Getaway purchases qualify as “Travel” in terms of earning points with Sapphire cards?

  3. To try to purchase, do I just click on the link in your post for the Daily Getaways and at the appointed time it will show an option to purchase? Or is there something else I should be doing? Thanks!

  4. @ Kate — Correct, though you’ll want to select the package you’re most interested in first by clicking “See Details.” Then the link will go live at 1PM ET.

  5. Hi Lucky,

    A few questions since this is the first time I’m thinking of buying these.

    Do I need to register for any account first in order to grab one of these? Do I need to input my IHG account info during the purchase process or is it done after? How long does it take for the points to post to my account? Do I need a US credit card to complete the payments?

  6. @ Norman — Yes, it helps if you have an IHG Rewards Club account first, so you can input your number easily. Points should post within a few days. I believe you do need to have a US billing address.

  7. And to clarify, do I need a credit card that’s issued by one of the US banks, or can it be a international card with a US billing address?

  8. I was going through their FAQs and they said something like “Anyone who is 18 years or older may purchase an offer with any valid credit card.” Not sure if they meant US credit cards or just any credit card though.

  9. Any insight as to whether charging any of these IHG point purchases to an IHG® Rewards Club Select Credit Card would generate any IHG bonus points? I suspect we are buying from US Travel Association, not IHG (and hence the answer would be “no”), but thought I would ask.

  10. Too Bad. I just tried to take advantage of this and you have to be a US Resident. I guess they don’t like Canadians.

  11. Just to confirm that the transaction went through without a problem. (International credit card with US billing address)

  12. @ Lucky – do you think Hyatt offers will be very popular again? Looks like 1.0-1.1 cent per point depending on the package. Last year sold out instantly 🙁

  13. @ Ivan Y — Yep, suspect it will be very popular, and I’m sure it’ll sell out in no time again.

  14. Last year I was able to purchase them with a Canadian Amex. I used the Zip code trick where I took the numbers of the Postal code and added 00 to get a 5 digit Zip code. The rest of the address I imputed as per usual and I think I used CA for state. I’m not sure if Visa works as I believe the address verification checks more parts of the address.

  15. @ Simon Ng
    You are awesome! It worked as you stated.
    Appreciate it.
    Requested 3×100,000 but came out as 1×100,000.
    Thank you!

  16. @jmd001… When this is processed as “Daily Getaways” it seem to count as travel on for Chase Sapphire Preferred. I got 2x points

  17. did anyone get their ihg points purchased through dailygetways posted in his/her ihg account yet? i still haven’t seen them…

  18. Sorry, I’m a little late to the party here, but I saw that these are still available to purchase so wanted to shoot you a question. I’m looking at an upcoming 3 night stay at $590 or 60k points total. I was thinking about going with the 100k purchase here. Prudent move?

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