IHG Rewards is offering a bonus of up to 100% on points purchases until 1 December at 5.59pm NZST time.
IHG Rewards points can be leveraged into some cheaper hotel nights than you’d pay versus paid rates at InterContinental, Holiday Inn, Crowne Plaza, Indigo and Kimpton Hotels. In this guide, I run through some examples of how to get a deal.
At the upper end of the market, InterContinental and Crowne Plaza hotel rooms can often go for fairly hefty nightly rates, so buying points to redeem immediately offers a neat way to potentially reduce costs.
Is this a good deal?
Definitely, especially if you think you will use your points and especially for PointBreaks promotions.
IHG now allows you to purchase 100,000 points (excluding bonus) per calendar year instead of the previous 60,000 points.
Note that in January 2018, IHG increased the price of a number of properties. However, in good news, you can now use IHG points to book Kimpton properties.
The Current Promotion
With the current deal of up to 100% bonus on points purchases, the cost per point will at best be 0.5c USD, with a total cost of $1000 USD for the maximum purchase of 200,000 IHG Rewards points including the bonus.
The bonus starts from 7,000 IHG Rewards points, however, you’ll get the best price when purchasing 26,000+ points (excluding the bonus).
Buying IHG Rewards points in a bonus period gives you a much better chance of coming out ahead for cheap redemptions.
Points outside of sales are sold at 1c per point but there is a hack to purchase them at 0.7c per point indefinitely—just book a points+pay room and then cancel, and you’ll be given the cash back as points in your account—but there’s some risk to your account in this approach.
Previous promotions have run as follows:
|Date||Bonus offer (%)||USD/point (cents)||Notes|
|November 2018||100||lowest price|
|October 2018||100||lowest price|
|July-August 2018||100||0.5||lowest price; mystery bonus|
|June 2018||100||0.5||lowest price|
|March 2018||100||0.5||Standard points price reduced
Under the current promotion if you get the maximum bonus, you’ll be able to buy enough points for a single night at hotels in the following categories / price bands for this cost:
|Example hotels in this category||IHG Rewards points needed||Cost of points per night (USD) in this promotion|
|Holiday Inn Rotorua, Queenstown||20000||$100|
|Holiday Inn Resort Bali, Auckland Airport, InterContinental Jakarta, Crowne Plaza Christchurch||25000||$125|
|Crowne Plaza Auckland||40000||$200|
|InterContinental Resort Fiji, Bali, Tahiti, Resort & Spa Moorea||40000||$200|
|Crowne Plaza Melbourne||45000||$225|
|InterContinental Singapore, Crowne Plaza Queenstown||50000||$250|
|InterContinental Sydney, Grand Stanford Hong Kong||60000||$300|
Clearly, you’ll want to run the numbers for your intended redemptions and compare points purchasing vs a paid stay to ensure you are better off buying and redeeming points than paying outright.
However, like other hotel program redemptions, IHG Rewards redemptions are flexible and can be cancelled at no cost.
This is a big difference compared to the lowest paid rate which is usually non-refundable, so if flexibility of your reservation is important, don’t forget to factor that benefit in.
Example IHG Rewards Redemptions
The Point Hacks team have redeemed points (a mixture of purchased and earned) at a range of properties, including:
In addition, some of the best value to be had from IHG Rewards is the PointsBreaks promotions, where rooms are available from 5,000-15,000 points per night.
These are released on a limited basis from a limited set of hotels once every three months. You can read more in our guide to PointBreaks.
Notable terms around buying and redeeming IHG Rewards Points
The terms of purchase for IHG Rewards points state that you can buy a maximum of 100,000 IHG Rewards points per calendar year and receive as a gift a maximum of 100,000 points per calendar year.
You’ll also need to allow 24-48 hours for points to post and appear in your account.
There’s no requirement I know of around the age of an account that’s eligible to buy points, so you should be able to sign up and purchase immediately if it makes sense to do so.
Rooms available with IHG Rewards points, and benefits on offer with IHG Rewards redemptions
You’ll find that the rooms on offer using IHG Rewards points in each hotel are usually the base room type. If you’re after a premium or larger room, bear this in mind.
I have had some success in contacting the hotel in advance to try and pay my way up to a better room—it’s worth a shot.
You also may not be eligible for any IHG Rewards status benefits, or IHG Ambassador benefits, on points stays—that’s up to the individual hotel. Not that IHG Rewards status gets you much but the IHG Ambassador confirmed room upgrade can’t be used, which is a bummer.
As with any points purchase promotion, you need to run the maths for your own intended redemption and personal circumstances to see if this will yield some good value for you.
I’d argue that the best places to look for value are the resorts that are priced in the mid-range of the points category prices, such as the InterContinental Bali and Fiji resorts.
It will be harder to get great value out of the top-category points redemptions if buying points outright to redeem, but it’s worth keeping it in your back pocket in case you need to stay at a city hotel at a super expensive time of year.
Points redemption rooms are often available when you wouldn’t expect it and you may be able to save then too.