IHG Rewards has launched a short 100% ‘buy points’ bonus, which is as generous as you ever see. It ends on 10th June.
IHG has increased the maximum number of points you can buy to a whopping 500,000 points (ie 250,000 plus the 250,000 bonus).
With a 100% bonus, you would be able to buy up to 500,000 IHG points for (at current exchange rates for $2,500) £1,765.
I usually value IHG Rewards points at 0.4p. You are paying 0.35p here so from that point of view you shouldn’t lose money. The skill is to use them at hotels where you can get substantially more than 0.4p per point of value, although this got a little harder since IHG moved towards revenue-based redemption pricing recently.
There are deals to be had, however. When Six Senses Douro Valley in Portugal, below, was temporarily bookable on points a few weeks ago (it is not currently bookable) it was at a fixed 90,000 points per night. Cash rates here tend to be £600+ in season, so you’d be saving roughly 50% by buying points here.
IHG Rewards update – August 2021:
Get bonus points: The current IHG Rewards promotion is ‘Triple Your Points’ – our full article is here. It runs from 15th May to 16th August. You receive double base points on your second stay and triple base points on your third and subsequent stays. You can register on this page of ihg.com.
Buy points: If you need additional IHG Rewards points, you can buy them here.
There is a 75% bonus when you buy IHG Rewards points by 13th August.
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.