IHG Rewards Club – the InterContinental, Holiday Inn, Crowne Plaza etc scheme – has brought back its ‘100% buy points bonus’ promotion. It is the best offer you will see for IHG points although the fall in the value of Sterling means it is more expensive than the last time the deal ran.
In theory the bonus is targetted. You will receive a personal offer of up to 100% bonus – my analysis below assumes you get 100%. You need to log in to the ‘buy points’ website here to see what you get.
(Remember that many of us have a ‘buy points’ offer as part of our IHG Accelerate target for this quarter. This is a good opportunity to buy a small number.)
Here are the standard purchase rates which do NOT include the bonus:
- 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 $11.50 per 1,000 points
You receive a 100% bonus with ANY order, however small.
With a 100% bonus, you would be able to buy 120,000 IHG points for (at current exchange rates) £531. This assumes your credit card has 0% FX fees.
The page to buy points is here. The offer runs until 30th September. Remember that purchased points do not count towards elite status.
Here are a few examples of how this deal may work. If they sound familiar it is because I used them last time this offer ran, although I have updated the numbers.
At the top end of the IHG Rewards Club portfolio, you have InterContinental properties which top out at 50,000 – 60,000 points per night. That’s what you would pay for InterContinental Le Grand in Paris or the InterContinental Amstel in Amsterdam.
With a 100% bonus, IHG is effectively selling you a night at a 50,000 point property for £221 all-in. A 60,000 point hotel would be £265. There are times when this might make sense. Remember that, whilst the fall in Sterling has pushed up the cost of buying points, it has also pushed up the cost of buying hotel rooms in Euro or US$ for cash.
At the bottom end, the points for a 5,000 point PointBreaks night would cost just £22.
The maximum number of points you can buy per year is 120,000 (ie 60,000 plus the 60,000 bonus).
This offer may or may not work for you in terms of buying points outright for rooms. If you are topping up account to reach a level needed for a redemption, it doesn’t really matter if Sterling has pushed up the price 10% or not. You should also jump on this if you have a ‘buy points’ target for your Accelerate promotion.
(Want to earn more hotel points? Click here to see our complete list of promotions from the major hotel chains or use the ‘Hotel Promos’ link in the menu bar at the top of the page.)