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 Points||Cost||Cost Per Point||# Of Packages||Limit|
|15,000 IHG Rewards Club||$90||0.6 cents/point||1,000||5|
|25,000 IHG Rewards Club||$150||0.6 cents/point||1,000||4|
|50,000 IHG Rewards Club||$293||0.586 cents/point||1,500||4|
|100,000 IHG Rewards Club||$565||0.565 cents/point||3,850||3|
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.
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.
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?