InterContinental Hotels Group is offering a 100% bonus for those looking to purchase points. With this bonus you must purchase at least 7,000 points and the maximum you can purchase per calendar year is 100,000 points per account. This is a flash sale that goes through March 22, 2019.
Keep in mind that this is actually a pretty common promotion with IHG and definitely worthwhile if you have an upcoming stay at any of the properties under the IHG umbrella, but there is no need to purchase now if you do not have a need as another opportunity will probably present itself within a few months.
Let’s assume you are planning to purchase the maximum of 100,000 points where every 1,000 points costs $10.00. With the bonus offer you will essentially be purchasing points at .5 cents per point. This is actually a great value to purchase points, and much better then the .7 cents per point roundabout method. Keep in mind the .5 cents per point doesn’t start until you purchase at least 26,000 points.
Example of where this is a good deal
If you go all in and purchase 200,000 points for $1,000. This will get you 5 free nights at the Holiday Inn Resort in Aruba (right on the beach!). This property is 40,000 points a night — which means you can ultimately stay at this hotel for $200.00 a night during peak times, assuming available. Now, if you have the IHG Premier Rewards Credit Card, when you use your points for a free night award, you’ll receive your 4th night free, which means you can actually stay 6 nights at this property with your purchased points! Taking that into consideration, your cost per night comes down to only $166.66!
Also, IHG also offers Point Break hotels where there is an entire list of hotels that only cost 5,000-15,000 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 a 5,0000 point Point Break hotel for $25.00, and that includes taxes!
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.