HUGE Amex Platinum 100K Bonus Returns - Check now to see if you are targeted.
Best IHG Points Purchase Promotion Returns
From now until 10/31 IHG Reward’s members are being targeted for a 100% bonus on purchased points. In order to take advantage of the most generous promo IHG has ever offered on points purchases. you must login to your account and see what you’re bonus is. If you max out the promotion, you will end up with 200,000 points for $1,000. That’s 1/2 cent a piece.
This could be a decent deal for anyone who regularly stays at IHG Properties but an even better deal for anyone who has one or both of the IHG Credit Cards. We reported earlier this year that the benefits of the new IHG Rewards Club Premier credit card stack very nicely with the benefits of the older version it replaced, the IHG Chase card. The new version offers a 4th Night free on award stays and the old version offers a 10% rebate on points redeemed for award nights. Stacking these benefits results in award stays being over 30% off.
Value After Stacking
Earlier this year, I used my IHG Free Night Certificate at the Kimpton Seafire in Grand Cayman (my review here). At the time the rates were $1,200 a night, so I got a great value! Just because the Free Anniversary Night won’t be applicable to book such high end properties forever, doesn’t mean you can’t still get an incredible deal on high end hotels. I did a search for the Seafire in March and the rate was either $1014 or 70k points per night. If I purchase the full 200k Points, I would end up using 189,000 points to book this hotel since it would be 70k x 3 Nights = 210K Points (4th Night Free) less 10% rebate of 21k points.
The percentage savings over the cash rate here is incredible: $4,050 v. $1,000. Even for lower end properties, the cash savings will be huge since you wouldn’t be using a great percentage of your 200k points.
CLICK HERE to compare this and other hotel credit cards.
With everything happening over at Marriott and Hilton being unpredictable, IHG keeps looking better and better to me. I just might purchase the full number of points and apply for the newer IHG Rewards Club Premier credit card . You can check your bonus offer here.
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