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Through June 30th, 2015, IHG Rewards Club is offering up to a 100% bonus on purchased points. That’s the best bonus we’ve seen on IHG Rewards Club points since last September, when they ran an identical promotion.
The cost to purchase points varies based on how many you buy, 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.
That’s a rate of 0.575 cents per IHG Rewards Club point.
As a point of comparison, IHG Rewards Club has been offering up to 60% bonus on purchased points recently. 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 of the promotion:
*Offer available for purchases made between 12:00 AM ET June 15 and 11:59 PM ET June 30, 2015 inclusive. Bonus points will be awarded upon completion of the transaction. Member will receive 100% bonus points when buying points. When gifting points the recipient will receive 100% bonus points. 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 for 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.
Redeem IHG Rewards Club points at the InterContinental Thalasso Bora Bora
It can be an especially good value if you’re able to redeem points at a PointBreaks hotel, whereby you pay only 5,000 points per night. At a rate of 0.575 cents per point, that’s like paying ~$29 per free night, which is an incredible value.
While I’m usually opposed to speculatively purchasing points, this is the best rate we’ve seen for the purchase of IHG Rewards Club points in quite a while. I have a healthy balance of IHG Rewards Club points, though if I didn’t I might consider buying some through this promotion.
Do you plan on buying IHG Rewards Club points with a 100% bonus?