Reply To: Calculating value – IHG points redemptions

[davefl]

You’re missing one vital point which most people (inc Rob) never take into the calculation.

There’s the cash rate and then there’s the cash rate.

Are you basing your numbers on the cash rate with no membership, the one with membership, fully refundable, semi refundable etc.

If you’re comparing like for like then it’s the membership rate, fully refundable, but if you’re close to the date of travel you might be comparing against non-ref rate. You also need to factor in whether taxes are included, and the horrid hidden amenity fees which are often waived for status members.

Your maths is also incorrect. Option 2 comes out at 1.34p/point. If you can find a redemption at 1.34, bite their hand off. Best I’ve seen the last year was 0.9p against a best flex rate.

I’m hitting 0.65 at the moment on a redemption I’m just about to make. Bit gutted because it was 0.9 a couple of weeks ago but I couldn’t pull the trigger as I hadnt finalised flights. I’ll be checking it every few days to see if it changes so I can cancel and rebook.