Should You Purchase IHG Rewards Club Points For 0.565 Cents Each?

Daily Getaways is returning for the next five weeks, which is an opportunity to purchase discounted hotel points and travel packages. Daily Getaways packages go live at 1PM ET every weekday, and the more popular packages sell out very quickly, so you’ll want to be fast, if interested.

Earlier today IHG Rewards Club points went on sale. Unfortunately I didn’t have the chance to write about the promo earlier, though none of the packages have sold out (probably due to there being over 7,000 available), meaning you can still take advantage of this promotion.

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; as mentioned above, there are over 7,000 packages available for sale. Last year this promotion didn’t sell out at all, as there were still packages available at the end of five weeks.

If so inclined, you can purchase up to 16 packages, for a total of 660,000 IHG Rewards Club points.

The cost per purchased point through this promotion is ~0.565-0.6 cents, which is pretty reasonable.

For what it’s worth, IHG Rewards Club also often has sales on the purchase of points directly. The highest offer they tend to run is for a 100% bonus, which allows you to purchase points for ~0.575 cents each. Not only is this rate lower, but buying points through Daily Getaways doesn’t count towards your annual cap of purchased points.

This IHG Rewards Club promotion through Daily Getaways is identical to the one they offered last year, though unfortunately since then they’ve devalued redemption rates at IHG properties. With these changes:

  • The cost of free night redemptions at ~400 of IHG’s 5,000+ properties changed by 5,000-10,000 points
  • The cost of redemptions at some of IHG’s top hotels increased from 50,000 points per night to 55,000-60,000 points per night

Even so, I definitely think there are circumstances under which it could make sense to buy IHG points for 0.565 cents each. IHG’s top hotels now go for 60,000 points per night, so at 0.565 cents per point, that’s like paying $339 for a free night. That’s still a very good deal for a property like the InterContinental Bora Bora, where paid rates are $750+ per night.

IHG-Rewards-Club

It goes without saying that redeeming points at PointBreaks hotels remains an excellent value, as they cost just 5,000 points per night. At 0.565 cents per point, that’s like paying ~$28 for a free night.

If you have the IHG® Rewards Club Select Credit Card you also get a 10% refund on award redemptions, which essentially lowers the cost of your redemptions even further.

Bottom line

With a specific use in mind, buying IHG Rewards Club points through Daily Getaways can be a great deal. It’s not quite as good of a deal as last year, given that IHG points recently devalued, and the price to purchase points is the same this year.

So while I wouldn’t speculatively buy points through this promo, there’s value to be had for sure. Just crunch the numbers for yourself.

Do you plan on purchasing IHG Rewards Club points through Daily Getaways?

Comments

  1. Unfortunately, I am finding a lack of availability at properties I am interested in, even when the IHG calendar shows rewards nights are there. Further, there is no room choce with redemptions, so I’d only book at a property where every room category and locatiom was acceptable – which for me is not every property.

    So I’d like to buy more points, but I find many restrictions on their use. I like some of the IC properties, but not the redemption side of the loyalty program.

  2. I have taken advantage of this promotion in previous years but following IHG’s recent de-evalution i.e. the new 60,000 points per night vs the former 50,000 points required for top tier hotel redemptions guarantees that I will no longer buy IHG points until IHG improves their offer below 0.05 cents a point to offset the newly increased top tier redemption levels.

  3. Is there a quick way to see availability. I see very little availability at the Intercontinental properties anywhere in the world, let alone the inspirational ones.

  4. *sigh* yet another offer at an acceptable cost level that is only open to US residents (which it doesn’t say until you get through to the payment stage!)

    We’re really left out in this game in the UK 🙁

  5. @RichT: Try entering a US billing address, even if your billing address is in a different country. I live in Europe as well and have never had any issues using a US address with various Visa and Amex cards with Daily Getaways over the past years. Reports from Germany say that there are issues using some Mastercards with “fake” US addresses, but Visas work just fine.

  6. @David Tried that just on my BA Amex, declined as it doesn’t match my billing address 🙁

    Was going to go for the 100k points which would be ~£400, decided not to try any more cards in case they get wise to it and revoke the points – I can’t afford to chuck away that much money for the sake of IHG points. Fingers crossed once Accelerate is over ihg might run a UK purchase bonus better than the current 60% one.

  7. These are on sale again on Daily Getaways along with a few other offers.

    I needed a hotel stay in Long Island at for one night in May. All nearby hilton and hyatt properties were sold out, IHG’s Holiday Inn had one room for $285/night or 25000 points which works out to $150 by buying the points and using it.

  8. Not “again”, but “still” 😉 They never sold out and were always still available.

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