Last month, IHG Rewards Club – the InterContinental, Holiday Inn, Crowne Plaza etc scheme – ran a hugely generous bonus of 100% bonus points when you bought points.
For some people – but not all – this offer is now back.
Until August 31st, you will receive a bonus of either 50%, 60%, 70%, 80%, 90% or 100% when you buy points.
The only way to find out what bonus you will receive is to log in at the IHG ‘buy points’ website here and see what the order page shows.
As a reminder, 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
If you have been selected for a 90% or 100% bonus, this is well worth serious thought.
With a 100% bonus, you would be able to buy 120,000 IHG points for (at current exchange rates) £442.
At the top end of the IHG Rewards Club portfolio, you have InterContinental properties which top out at 50,000 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 these properties for £184 all-in.
There is no doubt that this could be a great deal. Except in the deepest darkest days of January, you are unlikely to be able to get a room at InterContinental London Park Lane, InterContinental Paris Le Grand or InterContinental New York Times Square for under £300 including tax.
Of course, I could run a different list of low season dates at the same properties – or other hotels in the group – where this would not look like such a great deal.
At a more prosaic level, hotels like the Holiday Inn Commercial Road in London (which is only a couple of years old) are 30,000 points. That would be £108 per night if you bought the points via this deal.
You are running the risk of IHG changing their reward scheme before you spend the points. That said, the risk is VERY small for the rest of 2015 as IHG has already revised its reward pricing for this year.
This ‘buy points’ offer runs until August 31st. You can check out the size of your bonus via this link.
The maximum number of points you can buy is 120,000 (ie 60,000 plus the 60,000 bonus if you are targetted for 100% extra). However, you can also receive a further 120,000 as a gift from another member. Your partner or a friend could use their account to ‘gift’ another 120,000 to you.
(NB. This offer is pointless if your bonus is less than 70% as you can buy points for less via the ‘cash and points and cancel’ trick. This requires you to have 5,000 IHG points in your account. Find a 15,000 point property and book a reward night. You will be forced to use ‘cash and points’ which is 5,000 points plus $70. Once you have booked, cancel. Your $70 is not returned to you – instead, you get 15,000 points back in your account. You have therefore effectively bought 10,000 points for $70. Repeat as required.)
(Want to earn more hotel points? To see our complete list of promotions from the major chains, click here to visit our ‘Hotel Promos’ page or use the link in the menu bar at the top of the page.)