Should You Buy IHG Points with a 100% Bonus?

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IHG One Rewards has launched another sale for those looking to buy points at a discount. This round will last until 29 December, 2022. (so you have more time than usual to think about it)

Most members seem to have received the 100% bonus offer. The bonus applies to purchases of 11,000 points or more. However, for the best deal you will want to buy at least 26,000 points (pre-bonus).

The regular price of IHG points is ~0.86p (1 cent) each, whenever you buy at least 26,000 points in a single transaction. During this promotion, the annual maximum has been increased – you can now buy 250,000 points pre-bonus. As a result, you can buy 52,000-500,000 points and pay 0.43p (0.5 cents) per point.

Is it Worth It?

I certainly would NOT recommend that you buy points speculatively. However, I do like to keep a reasonable balance of IHG points handy, if only because their award pricing algorithm sometimes comes up with excellent bargains…  (I imagine that a few of you will need to replenish your IHG accounts after last summer’s “flash sales” – i.e. glitches).

It’s not as easy as it was years ago – but you can definitely find many hotels where you will save money by buying points at the 0.43p price, instead of simply paying the cash rate. With IHG Rewards seemingly planning to offer regular discount promotions on award stays, you definitely want to have enough points in your account to take advantage.

Bottom Line

If you managed to take advantage of the “instant Diamond” glitch and have either completed the stay requirements (or had their expiry date extended by buying Ambassador status), you will probably want to have a stash of IHG points handy – especially if we see more attractive award pricing from IHG One Rewards in 2023…


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