IHG Rewards Club launched a “Mystery Bonus” promotion for buying points the other week that has an account specific 25% to 100% purchase bonus.
There must not have been that many buyers, as purchase bonus for many has increased from 25% to 100% during the past few days.
You can check your updated mystery bonus for buying points using this link. Note that this offer expires on April 21, 2014.
Here are the prices
60,000 with 25% bonus = 75,000 points for $690 = 0.92 cents per point
60,000 with 50% bonus = 90,000 points for $690 = 0.77 cents per point
60,000 with 75% bonus = 105,000 points for $690 = 0.66 cents per point
60,000 with 100% bonus = 120,000 points for $690 = 0.58 cents per point
My personal “Mystery Bonus” went from 25% to 100% bonus for buying points. I am IHG Rewards Club points heavy at this time and will take a pass on this offer.
Even when the bonus is at 100%, it doesn’t necessarily means that it is worthwhile for you to buy them. You should calculate how you use them and whether it makes sense to purchase at this price.
Here are the terms and conditions associated with this offer:
Offer available for purchases made between 12:00 AM ET March 21 and 11:59 PM ET April 21, 2014 inclusive. Bonus points will be awarded upon completion of the transaction. Bonus points will be awarded to the recipient of the points purchase. Offer is subject to change. Offer cannot be combined with any other offer. Only purchases made online are eligible for the bonus.
Price includes all applicable fees. Purchased Points are not refundable and are applicable toward all IHG® Rewards Club awards. Members may purchase a maximum of 120,000 points per calendar year and receive as a gift a maximum of 120,000 points per calendar year. Please allow 24-48 hours for points to post and appear in the recipient’s account. All other IHG® Rewards Club Terms and Conditions apply.