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 November 30

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 November 30. This applies to purchases of 7000 or more points. (HT: One Mile at a Time)

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.

It can be an amazing deal to buy points cheap and redeem them for reward stays in conjunction with the IHG® Rewards Club Premier Credit Card 4th night free benefit.

Terms and conditions:

Offer available for purchases made between 12:00 AM ET November 12, 2018, and 11:59 PM ET November 30, 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. problem for IHG is they don’t guarantee benefits on award stays, this effectively disincentivizes this offer.

  2. A deal? Maybe. An amazing deal? I find it’s pretty rare to get a half cent a point on IHG redemptions the days. So this is an okay deal when used with the fourth night benefit (25% off at the cost of needing exactly four nights, prepaying for the points, limited availability, loss of points earning, and potential loss of elite benefits — such as they may be).

    If you’re going to be able to use the points at Points Break properties, that might rise to the level of “pretty good” deal.

    Neither possibility rises to the level of, for instance, getting a free Intercontinental night for $49 on the previous card. Now, that was amazing.

  3. @Tim O’Brien

    I am a Platinum Ambassador here, and to abate this issue, I usually book on points (very cheap in Asia – say 40K per room per night at top-notch properties) then buy up to a suite upgrade which includes lounge access and other benefits. This usually costs around $50-$100 per night. With this, you hit 2 birds with one stone: avoid haggling and get what you want. If you book two rooms, they usually give both rooms the executive privileges even though only one upgraded to a suite. This is especially great when traveling with family, you get an attached room to your suite and everyone’s breakfast, teatime, happy hour is covered. In my experience, privileges include all RA benefits with the exception of the “raid the bar” one.

    As an FT friend once said, value is in the eye of the beholder!

  4. We will buy some now to make up points for IC Tokyo summer 2019. At 50,000 a night which is $250 vs $290 plus tax we will save $50. a night.

  5. Since the demise of Pointsbreaks it’s very hard to find value in IHG points. Yes you might get a $2,000/night resort for $1,900 or some $50 rural-Turkish fleapit for $40, but otherwise worthless for regular hotels.

  6. Not only did they take away the top hotels, but they seemed to have taken away nearly all of the brands for the free night. What is left?

  7. Does this mean another deval is on the horizon? Last year the top ICs went from 60->70k … now maybe 80k? They can’t continue to give away rooms in London, Paris, Geneva for $300-350 night

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