IHG One Rewards 20% Points & Cash Sale For Stays Through August 26, 2022 (Book By June 24)

IHG has launched a Points & Cash sale for stays through August 26, 2022.

IHG One Rewards members can save 20% on the cash portion of the Points & Cash if they book by June 24.

You can access this offer on IHG’s website here.

READ MORE: IHG One Rewards Rate & Bonus Points Offers

Remember that IHG’s Points & Cash is essentially a points purchase transaction. IHG merely sells you the points required for a full award at a discount and then redeems them for the stays at a full points price.

The full points are returned to your account if you cancel the award reservation. You cannot reverse the points purchase transaction.

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Conclusion

These Points & Cash sales are an excellent way to stock up on points if you have already exceeded the yearly points purchase limit because they don’t count towards it.

It seems, based on my cursory look, that the price of a point purchase under this sale is roughly 0.6 cents each, while you can often buy them at 0.5 during frequent 100% points purchases bonuses.

Here are the terms and conditions of this sale:

This offer for a 20% discount on the cash portion of Points & Cash bookings (the “Offer”) is available only to IHG One Rewards members who book their stay during the period from 20 June 2022 to 24 June 2022 (the “Booking Period”) and then complete their stay during the period from 20 June 2022 to 26 August 2022 (the “Stay Period”). This 20% discount is offered at the time of booking and only applies to the cash cost of the booking. A member must be logged in to their IHG One Rewards account at the time of booking to access the discount. The cash portion of Points & Cash bookings are charged immediately in U.S. dollars and for cancellations both the points and the cash components of the booking are refunded in points only. The number of points refunded is determined by the points-only price at the original time of booking. This Offer is subject to the IHG One Rewards Membership Terms and Conditions, which are subject to change at any time without advance notice. Members must make any inquiries concerning this Offer by 25 October 2022.