IHG Rewards Club – the InterContinental, Holiday Inn, Crowne Plaza etc scheme – is running another flash sale this week for a 100% bonus when you buy over 5,000 points. It is as generous an offer as you will ever see for IHG points.
Interestingly, IHG has reduced the price at which it sells points. This is logical, given the recent increases in redemption rates, but I have never seen anyone do it before! The standard prices, before the bonus, are:
- 1,000 – 10,000 points for $13.50 per 1,000 points (price unchanged)
- 11,000 – 25,000 points for $11.50 per 1,000 points (was $12.50)
- 26,000 – 60,000 points for $10 per 1,000 points (was $11.50)
The bonus rates are:
- No bonus when you buy 1,000 – 4,000 points
- 100% bonus when you buy 5,000 – 60,0000 points
With a 100% bonus, you would be able to buy 120,000 IHG points for (at current exchange rates for $600) £427. This assumes your credit card has 0% FX fees. This is substantially cheaper than the £515 it would have cost back in December – partly due to IHG’s price cut and partly because the £ has strengthened.
At the top end of the IHG Rewards Club portfolio, you have InterContinental properties which top out at 60,000 – 70,000 points per night. That’s what you would pay for InterContinental Le Grand in Paris or the InterContinental Amstel in Amsterdam pictured below.
With a 100% bonus, IHG is effectively selling you a night at a 60,000 point property for £213 all-in. At the bottom end, the points for a 10,000 point PointBreaks night would cost just £36.
You should look at this if you have a ‘buy points’ target for your Accelerate promotion – although it makes more sense to buy 5,000 and get the bonus than buy 1,000 for no bonus. If you are topping off your account, it is also a good deal irrespective of the exact cents per point cost. The maximum number of points you can buy per year is 120,000 (ie 60,000 plus the 60,000 bonus).
You can buy via this link. The offer ends TOMORROW, 22nd March.
(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.)