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InterContinental Hotels Group is offering a limited time bonus when purchasing points through February 17, 2017. You can get a 100% bonus on all points purchased, and the maximum points you can purchase is 60,000.
The only requirement to earn the bonus is that you must purchase at 5,000 points. Let’s assume you are planning to purchase the maximum of 60,000 points where every 1,000 points costs $11.50. With the bonus offer you will essentially be purchasing points at .58 cents per point. This is actually a great value to purchase points, and much better then the .7 cents per point roundabout method (method where you can essentially “purchase” points at .7 cents per points by making a reservation using the “Cash & Points” option (so you must have enough points for that reservation) and if you cancel the reservation you will get the “Cash” portion back in points. The “Cash” portion of your reservation is essentially buying points at .7 cents per point. Obviously not good for those that want the cash back, but good for those that want more points).
Example of where this is a good deal
You can purchase 106,000 points for $609.50. This will get you 3 free nights at the Holiday Inn Resort in Aruba (right on the beach!). This property is 35,000 points a night – which means you can ultimately stay at this hotel for $203.16 a night during peak times (for example, over Christmas/New Years). Remember, when using points, you do not pay the extra taxes, so think of the price paid as the total price, which is great!
Also, IHG also offers Point Break hotels where there is an entire list of hotels that only cost 5,000 points a night! It is a great opportunity to stay for cheap if there is a hotel on the list that you are looking to stay at. If you purchase enough points to get the 100% bonus, you’ll essentially be able to redeem for a Point Break hotel for $28.75/night, and that includes taxes! You can learn more about the PointBreak hotels that were just announced earlier this month.
However, like all point offers, I do not suggest purchasing speculatively. Programs can devalue and you do not want to be stuck with points that you ultimately do not need. You can purchase points here.