InterContinental Hotels Group (IHG) is offering a bonus for IHG MasterCard members ONLY when purchasing points through February 28, 2019, purchase at least 20,000 points an earn a 75% bonus. While this can definitely be worth it for some, there are times when we see a 100% purchasing points opportunity, so definitely do not purchase speculatively.
So let’s assume you are planning to purchase 60,000 points – this will cost you $690 and will ultimately result in 105,000 points total. This means you are purchasing points at .66 cents per point. To see if it is worthwhile for a particular hotel, you’ll have to calculate the number of points it requires and compare it to the lowest possible rate you can get from the hotel.
I will definitely be sitting this one out as I do not have a specific need, but this could be worth it for some! Will you be a buyer at this price?