IHG Rewards Club launched the other week a new 100% buy points sale that was supposed to be valid through November 3, 2017, but has now been extended until November 9. IHG for the first time lowered the purchase price of the points for some members while offering bonus.
IHG Rewards Club is offering up to 100% bonus on purchased points and members can buy up to 60,000 points every calendar year (before any possible promotions). Some members who had purchased points earlier had their yearly cap reset during this sale.
You can check your IHG Rewards Club buy points offer here.
READ MORE: IHG Rewards Club Rate & Bonus Points And Miles Promotions
The price of a point under the 100% bonus when 60,000 points is purchased:
The price of a point purchased at the 100% bonus for me is 0.5 cents each. I am not in a rush to buy, however, considering the number of points in my account…..
Previously, the lowest price that IHG was selling points has always been $690 for 120K and then price per point was 0.575 each. Note that IHG is still selling points for majority of members at this same $690 price.
Does it make sense to purchase points?
Purchasing points merely because they are on sale doesn’t make sense. If you have a good use for them, buying can lower the price of the stays considerably.
Usually using points make sense at the most expensive properties, during PointBreaks when some hotels are just 5,000 points per night, or when the paid rates are through the roof due to some event in the city.
Conclusion
IHG Rewards Club sells points throughout the year with variable bonus amounts that max at 100%. I am glad that IHG has lowered the purchase price of their points at least for some perhaps an indication that it could be more widespread in the future.
Here are the terms and conditions of this offer:
Offer available for purchases made between 12:00 AM ET October 24, 2017 and 11:59 PM ET November 9, 2017 inclusive. This is an exclusive, non-transferable offer for intended recipient only and may not be forwarded. 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 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 60,000 points per calendar year and receive as a gift a maximum of 60,000 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.
I just had a look but get indeed the different rates than you guys do… 60.000 points (+60k bonus) goes for $690, not $600 🙁 Bit of a shame…