Why you should avoid IHG’s gift catalogue of non-hotel redemptions
Links on Head for Points may support the site by paying a commission. See here for all partner links.
For as long as I can remember, IHG Rewards Club and its predecessor, Priority Club, has offered a small range of ‘real’ goods for points redemption. There was also a modest range of retailer gift cards. For people who earned huge amounts of IHG Rewards Club points and couldn’t face another night in a hotel, even a free one, it gave them an option for cashing out.
Over the years, the range of items offered has grown and there is now a mini-Argos catalogue of potential redemptions for your IHG points.
You will find the IHG gift catalogue here. There is a drop down menu to select your country of residence – they appear to have a different range of gifts for virtually every country.
The big question, of course, is whether IHG’s gift catalogue offers good value or not for your hard-earned points.
The easiest place to check out the value proposition is with gift cards. IHG has always offered to redeem points for gift cards. Occasionally they discounted the points price and they would look like ‘just about acceptable’ value. About 10 years ago they offered gift cards at half price for a few weeks and everyone, including myself, redeemed their entire collection of points.
No longer. The current prices are poor value although, oddly they are a better deal than they used to be.
Two years ago IHG wanted 67,500 points for a £100 UK shopping voucher. It seems that even IHG realised what a poor deal this was as the cost is now 53,500 or 54,000 points for £100. Options include Amazon, Mango, Debenhams, M&S, Currys, Argos, B&Q, Gap, Harrods and many more.
Even at this level, I can’t recommend it.
I tend to value IHG points at £4 – £5 per 1000 when used for hotel redemptions. You are trading off £220 – £270 of free hotel stays for £100 of shopping voucher. This isn’t great. You get a similar loss of value compared to what happens when you convert IHG points into airline miles at the poor 5:1 rate.
Deals involving physical goods are even worse. Looking at ‘real’ goods which are easy to price, an iPad Mini 4 (128GB, wi-fi version) costs 291,500 points. That would be £479 at John Lewis, but you are trading off 5 nights at the finest InterContinental hotels in the world. It equates to just £1.64 per 1,000 points!
Let’s see. 5 nights at the InterContinental New York Times Square (above) or a £479 iPad. The choice is yours.
PS. If you are not a regular Head for Points visitor, why not sign up for our FREE weekly or daily newsletters? They are full of the latest Avios, airline, hotel and credit card points news and will help you travel better. To join our 65,000 free subscribers, click the button below or visit this page of the site to find out more. Thank you.
IHG One Rewards update – April 2025:
Get bonus points: IHG is not currently running a global promotion.
New to IHG One Rewards? Read our overview of IHG One Rewards here and our article on points expiry rules here. Our article on ‘What are IHG One Rewards points worth?’ is here.
Buy points: If you need additional IHG One Rewards points, you can buy them here.
Want to earn more hotel points? Click here to see our complete list of promotions from IHG and the other major hotel chains or use the ‘Hotel Offers’ link in the menu bar at the top of the page.
Callum 
John 
roger 
Fenny 
Danksy 
Rob 
SteveB 
RIccati 
Christian 
Alex W 
Leo 
Andy S 
ankomonkey 
Concerto 
Comments (22)