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IHG Rewards Club has launched its latest points sale, this time offering a 100% bonus when you buy 7,000 or more.
All you have to do is go to this page, sign in, and the bonus should come up automatically as below:
As you can see, IHG’s pricing is a bit weird – 25,000 points (before bonus) cost $287.50, but you can buy 26,000 for $260…
Assuming that you therefore buy 26,000+, you’ll be paying ~0.4p (0.5 cents) per IHG Point (once you factor in the bonus). That’s about £4.00 per 1,000 Points in real money.
The sale runs until 8th June 2019 and you can buy 100,000 points (+100,000 bonus points) each calendar year.
Is it worth buying points?
It’s certainly not always a good idea, but buying points in this manner can sometimes make financial sense compared with paying cash for a hotel. Remember that you really should compare the cost of buying points to a flex rate, as points bookings can usually be cancelled free of charge. On the other hand, you won’t earn points on award stays, but would if you paid cash.
Flex rates at InterContinental hotels in popular destinations frequently cost more than £400 per night, for example Boston:
If you bought the 70,000 IHG Points required in the sale instead, they would cost you ~£280, so if you had to stay in that particular hotel on that night, you’d be much better off buying the points. Most of us usually have more flexibility than that, but there are occasions when it can make sense.
IHG also runs regular ‘PointBreaks’ promotions, offering rooms at select hotels for only 5,000-15,000 points. If you bought points with the 100% bonus, you could be paying as little as £20 per night, which is obviously fantastic value.
100% is the highest bonus IHG offers on points purchases – therefore if you are in the market for IHG Points, this is as good a time as any to stock up. I recently spent most of my existing balance on a few different PointBreaks hotels, so will probably take advantage myself this time.
Anyone else tempted?
Offer available for purchases made between 12:00 AM ET June 3, 2019 and 11:59 PM ET June 8, 2019 inclusive. This is an exclusive, non-transferable offer for intended recipient only and may not be forwarded. 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.
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 100,000 points per calendar year and receive as a gift a maximum of 100,000 points per calendar year. Please allow 72 hours for points to post and appear in the recipient’s account. All other IHG® Rewards Club Terms and Conditions apply.