IHG Rewards 60% Bonus When Buying Points – But You Can Get Them Cheaper!

2

Join over 5,000 people who are subscribed to receive a once daily email with all of our posts. Never miss out! Click here to subscribe.
Learn how to maximize your points & miles! Join Our Facebook Group!

IHG Rewards 60% Bonus on the purchase of points.

IHG Rewards Selling Points At A Discount

IHG sent out an email to their members today offering a 60% bonus on the purchase of 10,000 or more points. While I generally don’t recommend ever buying points, the one exception might be for IHG’s Point Breaks hotels which go for only 5,000 points per night. (The August & September list was partially released today.)

Lets take a look at the details of the promotion and then I will show you why it is a bad deal and how you can buy IHG Rewards points at a cheaper rate any day of the year!

The Promotion

Buy Points2

The promotion offers a 60% bonus on the purchase of points. They are selling the points in the following increments:

  • 1,000 – 10,000 points for $13.50 per 1,000 points.
  • 11,000 – 25,000 points for $12.50 per 1,000 points
  • 26,000 – 60,000 points for $11.50 per $1,000 points

Lets assume you would only buy points at the cheapest price offered with this deal. That would mean you would have to purchase between 26,000 – 60,000 points. For the sake of keeping the numbers even, lets look at the math for a purchase of 30,000 points.

30 * $11.50 = $345 for 30,000 points

Cost per point = $.0115

Cost of 5,000 points for a Point Breaks hotel = $57.50

A Cheaper Way To Buy IHG Rewards Points

Did you know there is a way to buy points for $.007 every day of the year? Have you ever noticed when searching for hotels on IHG.com that their is a Cash + Points option? That is the key. Lets take a look at the Holiday Inn: Tulsa City Center for example.

Holiday Inn Tulsa Points + Cash
Holiday Inn Tulsa Points + Cash

This hotel requires 15,000 points per night for a redemption. Alternatively, you can spend 10,000 points plus $40 or 5,000 points plus $70.  If you do book the Cash + Points option and cancel your reservation later, then IHG refunds your booking in the form of points. (5,000 points that you paid plus 10,000 points in place of your $70.)

When all is said and done, you end up paying $70 and IHG gives you an additional 10,000 points. (Note: You must have at least 5,000 points in your account for this trick to work.) This method works out to a cost of $.007 or just $35 for a Point Breaks hotel!

The only thing to keep in mind is to make sure your dummy booking is for a date that is within the cancellation period. Other than that, simply make the booking, pay with your credit card and then go back and cancel. It is that easy!

Conclusion

IHG Rewards can be good for redemptions at lower end hotels and their Point Breaks specials are truly one of the best deals around. With that said, don’t fall into their point sale trap. If you really want to buy IHG points then you can get them any day of the week for $.007. Say no to the sale.

Want to learn another IHG Rewards trick? Learn about their Best Price Guarantee and how finding a lower price can get you a free night!

 


This post may contain referral, affiliate or sponsor links that provide Miles to Memories compensation. Thank you for your support.

2 COMMENTS

    • Yeah it all depends on how many points you have. I have a ton of UR points, so I may have transferred them, but it all really depends on the situation. I definitely don’t feel that going from UR points to IHG Rewards points is generally a smart thing to do.

LEAVE A REPLY

Please enter your comment!
Please enter your name here