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Through Monday September 22, 2014, you can buy 100,000+ IHG Rewards points for 0.575 cents each.
Buying IHG points for under 0.6 cents each means you can book certain IHG hotel rooms for less than $30 per night.
This sale virtually ties the cheapest I’ve ever seen the points for sale. In May, during Daily Getaways, 100k points were sold for $567 (0.008 cents cheaper per point), and that package sold out quickly.
- How does the sale work?
- How can you get $30 hotel nights?
- Is this a good deal?
You can always buy IHG points from points.com for as little as 1.15 cents each. Through Monday, you can get 100% more points if you buy 50,000 to 60,000 points at regular price.
That means you effectively get 100,000 to 120,000 points for 0.575 cents each.
100,000 points cost $575 all in.
The best use of IHG Points is to book PointBreaks hotels, which cost only 5,000 points per night. Here’s everything you need to know about PointBreaks bookings.
The current list of hotels runs through September 30, and we should expect a new list around that time. I’m going to scour the next list for deals because I plan to be traveling a lot over the next few months. If one or more PointBreaks hotels aligns with my travel plans, that could mean huge cost savings.
Should You Buy Points?
Right now my IHG Rewards balance is only 5,000 points, but I do not plan on participating.
If there are great PointBreaks hotels on the next list, I’ll manufacture the points for 0.7 cents each. That’s an extra $5 per PointBreaks night. I’d rather possibly pay $5 per night later than certainly pay $575 now for 100,000 points that I can’t necessarily use at a value of at least 0.575 cents each.
If you think you can definitely get more than 0.575 cents of value from IHG points, buy them here. Since points.com handles the transactions, you will not earn bonus miles for the purchase and you cannot use your Barclaycard Arrival PlusTM World Elite MasterCard® to buy the IHG miles for free like you can buy Avianca LifeMiles for free with the Arrival Plus.
Just getting started in the world of points and miles? The Chase Sapphire Preferred is the best card for you to start with.
With a bonus of 60,000 points after $4,000 spend in the first 3 months, 5x points on travel booked through the Chase Travel Portal and 3x points on restaurants, streaming services, and online groceries (excluding Target, Walmart, and wholesale clubs), this card truly cannot be beat for getting started!
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I think your point is well made. To evaluate participation, the key is not whether the best possible redemption would make it a good deal (it usually would), but whether your own likely redemption pattern makes it a good deal. I love PointBreaks deals, but my travel patterns don’t effectively permit me to use those exclusively in redeeming IHG points. So the real value is somewhere between the PointsBreak standard and the regular points valuations where I stay. Thus, the 0.7 process you link to makes more sense for most, I think.