A LoyaltyLobby reader sent us an email about the renewal options for InterContinental Ambassador program and our take on them.
You can access IHG’s page for InterContinental Ambassador program here.
Here’s the email from the reader:
I’ve read the article from several months back about trying to get the renewal for 24K points instead of 40K. That’s long past for me, needing to renew this month.
I’m Spire Ambassador, and looking at:
- $200, bug get 15K points and 10% rebate on Reward Nights
- 40K points
I don’t know what the current value of IHG points are these days. I do have the new Premier card from Chase, so I get a rebate on purchased points, usually even on top of other promotions. If we say an IHG point is 1/2 cent, then the 40K points is $200, but you’re not getting 15K points back nor the 10% rebate.
One interesting note for me is the 10% rebate is limited to 100K points rebated. I just completed two stays in Europe and got 65K points rebated, so presumably I’d have only 35K points to be rebatable this calendar year.
Any way, I – and I hope other readers – would appreciate your take on what the best options for renewal are.
There have been few changes on these renewal options over the years and the most recent one, as the reader points it out, was the change in number of points required that jumped from 24K to 40K.
Let’s look at the current ones:
– If you don’t mind using the cash, don’t need more points that come with the $200 package and don’t expect to redeem for award nights over the next 12 months, this is the best option.
$200 + 15K points + 10% award rebate
IHG sells points at half of a cent during their 100% bonus sales (one just ended). It would cost you $75 to buy 15K points. The 10% award night rebate is combinable with a similar one that some members have with their credit card for total 20% off after their stay.
This is good option for those that need more points and are planning to redeem over the next 12 months.
If you have more points than you know what to do with or you are points rich and cash poor, this is the way to go.
I believe that it is good that IHG Rewards Club gives Ambassadors number of renewal options so that members can choose what fit their need best.
The $200 option can easily pay for itself if you redeem couple of hundred thousand points over the year considering the 10% rebate if you value IHG points at roughly half cents each and the 15,000 points that the package come with.