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IHG Rewards Club – the loyalty program for Intercontinental, Crowne Plaza, Holiday Inn and related brands — is offering a 100% bonus on purchased points through June 15. This applies to purchases of 5000 or more points.
What’s even better is that IHG has also dropped the regular price of points to a penny apiece, so with a 100% bonus you’re buying points for $0.005 each. They’ve also increased the number of points you can buy in a year to 100,000.
They do make you validate your IHG Rewards Club account information. I’ve checked a few accounts and they were offered a 100% bonus.
Here’s what pricing looks like maxing out the offer:
The points are processed by Points.com so this doesn’t count as hotel spend for credit card bonuses.
Club Lounge at the Intercontinental Kuala Lumpur
Personally I’d rather hold cash than points at this price and only buy points with a specific use in mind, especially since it’s long been possible to buy points at 7/10ths of a cent apiece whenever one wishes and sometimes less. The gain by acting right away is marginal.
And I’d rather pick up 85,000 points from the new IHG® Rewards Club Premier Credit Card — 80,000 points after $2000 spend within 3 months and 5,000 points after you add your first authorized user and make a purchase in the first three months — the annual fee is $89 and reports are that this card is not subject to ‘5/24‘. It also comes with elite status, an annual complimentary reward night, and fourth night free on redemptions four nights or longer.
Still you likely won’t get hurt at this price. I consider it a good deal. And it’s tied for the lowest price I’ve seen.
Terms and conditions:
Offer available for purchases made between 12:00 AM ET June 12, 2018, and 11:59 PM ET June 15, 2018. This is an exclusive, non-transferable offer for the intended recipient only and may not be forwarded. Bonus points will be awarded upon completion of the transaction. Bonus points will be awarded to the recipient of the points purchase. Offer is subject to change. Offer cannot be combined with any other offer. Only purchases made online are eligible for the bonus.
Price includes all applicable fees. Purchased points are not refundable and are applicable toward all IHG® Rewards Club awards. Members may purchase a maximum of 100,000 points per calendar year and receive as a gift a maximum of 100,000 points per calendar year. Please allow 72 hours for points to post and appear in the recipient’s account. All other IHG® Rewards Club Terms and Conditions apply.
(HT: One Mile at a Time)