Buy IHG Points With a 80% Bonus, Award Nights From $28 Per Night
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IHG Rewards is back with a solid promotion for buying points. Now through May 1, members can purchase points with a 80% bonus. When you buy at least 26,000 points, you’ll purchase IHG points for just 0.56 cents apiece — just a little more than TPG’s valuation of IHG points. At this rate, you can snag PointBreaks hotels for just $28 and category 1 hotels for $56 per night.
The promotion page doesn’t mention it, but it’s important to know that there’s a purchase rate breakpoint at 11,000 points and another at 26,000 points. Here’s how the pricing breaks down:
- Buy 1,000-6,000 points for 1.35 cents per point
- Buy 7,000-10,000 points + 40% bonus points for 0.964 cents per point
- Buy 11,000-19,000 points + 40% bonus points for 0.821 cents per point
- Buy 20,000-25,000 points + 60% bonus points for 0.719 cents per point
- Buy 26,000-29,000 points + 60% bonus points for 0.625 cents per point
- Buy 30,000-100,000 points + 80% bonus points for 0.56 cents per point
If you want to max out this bonus, you can buy 100,000 points and end up with 180,000 points for $1,000:
In 2018, IHG increased the number of points you can buy in a year to 100,000 points, and it’s important to note that bonus points don’t count toward this limit. The terms and conditions state that “members may purchase a maximum of 100,000 points per calendar year and receive as a gift a maximum of 100,000 points per calendar year.” However, some TPG readers report being able to purchase an additional 50,000 points per year after maximizing out the 100,000 limit on a prior bonus.
While buying points without a bonus (almost) never makes sense, buying points through this promotion could make sense for some IHG Rewards members. The optimal 0.56 cents per point purchase rate is just above TPG’s 0.5 cents per point valuation, which means there’s potential value to be gained for those that know how to use IHG Rewards points.
For instance, at a 0.5 cent purchase rate and with IHG PointBreaks hotels available starting at 5,000 points per night, you can score hotel nights for just $28 per night at the three remaining hotels by combining these promotions. In addition, there are still dozens of hotels still available at 10,000 points through PointBreaks. There are no tricks needed to get a $56 per night rate at these hotels; just buy points through this promotion and then book a stay now through May 31, 2019.
Over the holidays, I took advantage of one of these PointBreaks hotels, staying at the Hotel Indigo in Birmingham, AL for an average of 11,250 points per night — just $63 per night at the optimal 0.56 cents purchase rate. I got this excellent rate by combining the 15,000 point per night PointBreak price with the IHG Rewards Club Premier Credit Card‘s fourth night free benefit.
While that was on a prior version of the PointBreaks, there’s plenty of excellent options still available on this version. There’s four Crowne Plaza properties still available for 10,000 points per night — or just 30,000 for four nights if you have the IHG Rewards Premier card. When purchasing points at 0.56 cents each, stays at these properties would cost just $56 per night or $42 per night with the fourth night free.
Buying points can save a ton of money on your next vacation. However, it’s important to note that you should only consider buying points if you have a specific use in mind for them. Award charts change along with availability and program rules, sometimes without notice. Smart TPG readers know not to buy points to “stock up.”
How to Buy Points
- Visit IHG’s Buy Points link.
- Enter your name, IHG Rewards Club number, PIN and email address to log in.
- Select the number of points you want to purchase.
- Enter your credit card information and billing address and click Continue.
- Confirm the details, check the box to agree to the Terms and Conditions and click “Pay Now.”
Which Credit Card Should You Use
We put this exact question to the test recently. Here’s our full results.
Since the purchase is processed by Points.com, you won’t earn a travel category bonus from this purchase on most cards. The only card that we tested that got a bonus was the Ink Business Preferred Credit Card, which earned 3x Ultimate Rewards points — netting the best 6% return on your purchase based on TPG valuations. The runners up were The Blue Business℠ Plus Credit Card from American Express 2x Membership Rewards points (on the first $50,000 per year; then 1x thereafter) (4%) or the Chase Freedom Unlimited‘s 1.5% cash back (1.5x Ultimate Rewards points) (3%).
If you don’t have it yet, the IHG Rewards Club Premier Credit Card is a much cheaper and easier way of scoring IHG points. Sign up today and earn 80,000 bonus points after spending $2,000 on purchases within the first three months of account opening plus an additional 40,000 bonus points after spending a total of $5,000 on purchases within 6 months of account opening. The card also comes with a free anniversary night, fourth-night free award stays and IHG Platinum Elite status — which has gotten me countless upgrades during my one year living on the road.
Featured image of the InterContinental Tahiti Resort and Spa by Zach Honig / The Points Guy.
This is The Points Guy’s permanent page about IHG’s “buy points” promotions, so you can bookmark it and check back regularly for the latest offer. Keep in mind you may see some reader comments referring to older deals below.
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