IHG Rewards Club & MasterCard has had a promotion going on called Priceless Surprises that started on November 15 and ends on February 15. IHG Rewards Club members paying for their hotel stays using MasterCard or those mailing in submissions can win various prizes.
Couple of days ago, I had a friend posting on Facebook that he had mailed in 564 IHG Rewards Club Priceless Surprises mail in submissions and had started to receive emails for the prizes.
You can access IHG Rewards Club web page for Priceless Surprises here.
So, the math is that if you mail in 94 or so submission, you will likely win 500 points for most of them and 1,000 to 2,000 points for few (max five). The likelihood of winning any other prizes is really low.
The payout per mailed envelope is $3 if you value IHG Rewards Club points at 0.6 cents each at which IHG sells them few times a year. You have to deduct the value of the envelope, stamp, index card and the time it takes you to hand write your information to the card.
This is a good way to extend the validity of your points by a year if you live in one of the participating countries.
It is too much work for the likely payout that you can get, however, considering that some of the mail in entries may (likely) get lost along the way, the OCR software that is used to read the index cards cannot read your handwriting and there are some prizes of nothing as well.
And yes. I did ask my friend’s permission to use the photos he uploaded on FB and he knows what I thought of this exercise.