Buy Up to 200,000 IHG Hotel Points at Just Half a Cent Each

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Bonus Purchasing IHG Rewards Club Points Through October 31

IHG Rewards Club – the loyalty program for Intercontinental, Crowne Plaza, Holiday Inn and related brands — is offering a bonus up to 100% on purchased points through October 31. This applies to purchases of 5000 or more points.

What’s even better is that IHG recently 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. Some accounts may receive a different 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 value IHG points at $0.006 apiece so if you can buy 200,000 points for $1000 — $0.005 each — and you have a vision for using them then I think it’s a pretty good deal, though bear in mind that:

  1. It’s long been possible to buy points at 7/10ths of a cent apiece whenever one wishes and sometimes less. So the gain by acting right away is marginal.

  2. And you can earn points much less expensively. I’ll get to that in a moment.

  3. However you likely won’t get hurt at this price. And I don’t believe I’ve ever seen IHG sell points for less.

The most efficient way to earn IHG Rewards Club points is with the IHG® Rewards Club Premier Credit Card which offers 80,000 points after after spending $2,000 on purchases in the first 3 months.

Anecdotally my sense is that this is one of the easiest Chase rewards cards to be approved for. And reports are that it is not subject to Chase’s 5/24 rules where they only approve folks that have had fewer than 5 new cards in the last 24 months for many of their products.

The card comes with platinum status; a free night after each account anniversary year at eligible IHG hotels worldwide; a free reward night on points stays of 4 or more nights; Global Entry or TSA Precheck fee credit (up to $100 every 4 years).

If you don’t already have the IHG® Rewards Club Premier Credit Card I’d start there. If you do consider whether you want to buy points at half a cent each.

Terms and conditions:

Offer available for purchases made between 12:00 AM ET October 09, 2018, and 11:59 PM ET October 31, 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.

Bonus Purchasing IHG Rewards Club Points Through October 31

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of any advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.

Comments

  1. Thanks Gary! I missed out on this promo when it came up around a month ago. With 4th night free on points, the IC and Kimpton hotels I checked are about 60% off with this deal when used on 4 night stays. I’m hoping the 10% rebate from the legacy IHG card will stack as well.

  2. @ Tom. Why the negativity?
    You don’t like it, you aren’t interested
    Just move on to the next post.
    I do
    Live is short
    And bitter enough
    I won’t be using this promo, but the difference between $0.005 and $0.007 for 200000 points is $400
    For someone it may make sense

  3. @Kay Kay

    Maybe when he said “I don’t trust IHG one bit” he’s implying that there could be another devaluation forthcoming since there have been multiple ones in the past 36 months. The $400 difference you calculated doesn’t mean anything if a devaluation further cheapens the value of the currency you bought.

  4. It makes no sense to buy points.
    Example:
    Hongkong intercontinental cost us$289 per night or 70,000 points.
    If you pay $0.006 per point to stay in HK Intercontinental you will be paying $0.006x 70,000 = $420.

  5. Not worth it $1,000 for 200.000 pts or 25,000 per night is $126 per night. at a IC hotel that is $250 a night. Yes it would be worth it there , if you are going to that place in the near future.

    I would book this trip if I was going to use the pts on a IC hotel ONLY and needed the points

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