IHG Rewards Club has Points & Cash awards where member can use part cash and part points for an award reservation.
There are often Points & Cash award sales that we cover here on LoyaltyLobby that allow members to circumvent the yearly points purchase limit at a reasonable price.
You can access IHG’s page for Points & Cash here.
Here’s a relevant part of the T&Cs that have not previously been disclosed:
Use existing points for all required points for the desired Reward Night or using your existing points and purchasing additional points in various increments to total the required points. The total purchase on any single day may not exceed $280USD. Points & Cash Reward Nights may only be redeemed online at www.ihgrewardsclub.com.
The points purchase per day can be a maximum of $280. IHG Rewards Club, in reality, doesn’t have Points & Cash awards but merely sells you points at a discount that are immediately used towards an award reservation
There were some reports while ago that IHG didn’t like when members went overboard with Points & Cash awards that they used mainly to buy points (make the reservation, cancel and keep the points purchased at a discount).
Now we should have the exact dollar figure that members shouldn’t exceed in any given day when doing Points & Cash reservations.
IHG has increased the number of points that a member can buy outright in any calendar year and often runs additional offers that exceed this limit.
Here are the terms and conditions that I found:
For IHG® Rewards Club Reward Night stays: Points will automatically be deducted at time of booking. Check the cancellation policy before booking. Rate does not include tax or Resort Fee. For IHG® Rewards Club “Points & Cash” stays: Use existing points for all required points for the desired Reward Night or using your existing points and purchasing additional points in various increments to total the required points. The total purchase on any single day may not exceed $280USD. Points & Cash Reward Nights may only be redeemed online at www.ihgrewardsclub.com. Point purchase amounts are subject to change by IHG® Rewards Club. You must use a valid credit card for points purchase. Upon completion of the points purchase, you agree that the total dollar amount will be immediately charged to the credit card you specified. The cost for the points purchased is non-refundable. If the Reward Night is cancelled in accordance with Reward Nights terms and conditions and with each hotel’s cancellation policy, the purchased IHG® Rewards Club points will be re-deposited into your IHG® Rewards Club account. Cash components of this award that are paid in currencies other than U.S. dollars will be adjusted by IHG® Rewards Club, as needed, to reflect the USD equivalent of the non-USD payment at that time. All other Reward Night terms and conditions apply.