IHG Offering Mystery Bonus On Purchased Points

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Through August 31, 2015, IHG Rewards Club is offering a “mystery bonus” on the purchase of points. The bonus seems to range between 50% and 100%, so you’ll want to log into your account to see which version of the bonus you’ve been targeted for.

IHG-Buy-Points

My account was targeted with a 100% bonus. 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 with the 100% version of the offer that I was targeted for, 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 up to a 100% bonus on the purchase of points for the month of June, which was otherwise the best bonus of the year.

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 July 27 and 11:59 PM ET August 31, 2015 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 60,000 points per calendar year and receive as a gift a maximum of 60,000 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

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.

Also keep in mind that if you have the IHG® Rewards Club Select Credit Card you get a 10% refund on all points redeemed, up to 100,000 points per year. That even further lowers your redemption costs and increases the value your points.

Bottom line

Since this promotion offers a mystery bonus, you may be targeted for anywhere between a 50% and 100% bonus on purchased points. If you are targeted for the 100% bonus, that version of the offer is as good as it gets, so I’d consider buying some points through this promotion.

Which version of the IHG mystery bonus were you targeted for?

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Comments

  1. Platinum Ambassador (and not by having a credit card: we can’t get that benefit if domiciled in Asia-Pacific) but only offered 50%. With 100% I’d have jumped in, but with 50% and our current woeful USD exchange rate it’s not worth it for me. I’m better off just booking and paying in local currency in this region. Also doing the nights to reach my status, being locked out of credit card-based earning and then only being offered 50% is unimpressive.

  2. 100% bonus for me (Spire Elite, about 20 award stays/5 paid stays last year). Thanks for this post!

  3. Thanks for the info Ben! Got 100% bonus offer and will use it for a stay at the InterCon in Doha. I’m Spire Elite.

  4. I got 80% it said but the it says 8000+8000 bonus points. So that’s 16000. I was needing 15000 to book a room for Monday. So my question is will I get 16000 credited for the price of 8000? Sorry new to all this!

  5. @ Norman — If you don’t mind sending some along, that would be great. Looks awesome based on what I’ve seen!

  6. I got 100% bonus as a base member with only 2 stays this year (and only 1 last year). But since I bought the maximum of 60k+60k during the last promo in June, I can’t buy any more: “Please correct the following errors: •The maximum number of Points that can be purchased per calendar year is 60,000 and this number has been reached”.

    The terms of this promo say “Members may purchase a maximum of 60,000 points per calendar year” while during the last promo, the maximum stated was 120,000 per calendar year…

  7. Hi Lucky,
    Offered 100% bonus.Bought 26K +26K (bonus) for US$299..Good deal for 0.575 cent per point.
    Heard your interview yesterday on radio CJAD in YUL.
    The host plus the listeners were totaly ignorant of what you were talking about. As Canadian,all they know is
    1. Air Canada/Aeroplan . 2.AIR MILES ( a useless Miles accumulation system).
    Hoping to see you at the Chicago Seminar in OCT.
    Michael

  8. My offer states:”Your next purchase of IHG® Rewards Club points could be your most rewarding one yet. Purchase points before August 31, 2015, and get a mystery bonus of an additional 80%. There’s no better way to bridge the gap to your next Reward Night.” But the drop down menu to show points + bonus showing 100% rather than the 80% mentioned above! Any thoughts?

    Thanks!

  9. Never stayed at IHG on cash. may be 4 nights total on points in last 4 years combined. Offered 100%.
    I pass as I dont see much value in it based on my future travel plans in next couple of years.

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