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InterContinental Hotels Group is offering a bonus when purchasing points through August 31, 2015. You can get up to a 100% bonus, but every account is targeted for a different offer stating at a 50,000 point bonus. I was personally offered for the 60% bonus offer.
Obviously the best offer is if you are targeted for the 100% bonus promotion. I’ll take this offer into consideration when I go through the math. With this offer you can ultimately purchase 60,000 points plus a 60,000 point bonus giving you a total of 120,000 points. Points cost $11.50 per 1,000 points (pre bonus), so this will cost you $690, thus costing you .58 cents per point with the bonus taken into consideration. You’ll pay the following cents per point based on your offer:
- 50% bonus: .767 cents per point
- 60% bonus: .719 cents per point
- 70% bonus: .676 cents per point
- 80% bonus: .639 cents per point
- 90% bonus: .605 cents per point
- 100% bonus: .575 cents per point
Remember, you can always purchase points at .7 cents per point through this roundabout method (method where you essentially “purchase” points at .7 cents per point by making a reservation using the “Cash & Points” option and if you can the reservation you will get the “Cash” portion back in points. That means that the 50% and 60% bonus are definitely not a good deal, but the 70%-100% bonus offers could be worthwhile. Of course, it depends on the hotel you are looking to stay at and what the lowest available cost is at the hotel during the time you are looking to stay.
Example of where this is a good deal
Assuming you are targeted for the 100% bonus, you can purchase 50,000 points + 50,000 bonus points (for a total of 100,000 points) for $575. That will get you two free nights at the InterContinental in Rome for example. This means each night will cost $283 which includes all taxes. Even during the most off-peak time, you most likely will never be able to find a room at this hotel that cheap. Another example is the Holiday Inn Resort in Aruba (right on the beach!) that is only 25,000 points a night. You can ultimately stay at this hotel for $143 a night even during peak times (for example, over Christmas/New Years!).
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.
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.