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IHG Rewards Club 60% Buy Points Bonus

by on July 26, 2014 · 19 comments

in Buy Miles Promotions, Chase, IHG Rewards, IHG Rewards, Ultimate Rewards

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Update: This offer is targeted. The 10% redemption rebate is for those who have the Chase IHG Rewards Club credit card.

IHG Rewards (formerly Priority Club) is offering a 60% bonus for purchasing 10,000 or more points through August 18, 2014. IHG offers bonuses for points purchases every so often, ranging from 25% to 100%, so this offer is about average compared to past promotions.

IHG 60 percent bonus banner

Points can be purchased in increments of 1,000 at the following rates:

  • 1,000-10,000 points for $13.50 per 1,000 points
  • 11,000 – 25,000 points for $12.50 per 1,000 points
  • 26,000 – 60,000 points for $11.50 per 1,000 points

This usually equates to spending 1.15-1.35 cents per point. In my most recent monthly valuations, I list IHG Rewards as being worth 0.7 cents apiece, so the normal purchase rate provides poor value. With the 60% bonus, however, that rate can get as low as 0.719 cents per point for 26,000 or more. While that’s still more than my valuation, it’s close enough to be useful in a few scenarios, as I’ll describe below.

IHG bonus window

Select the number of points you want to purchase; the bonus will show up where applicable.

To purchase points, log in through the link provided above, and select the number of points you want as shown in the screenshot above. The bonus points will show up next to the purchased points where applicable. If you don’t see any bonus points listed, you may not be eligible for this promotion. I have no official word that the bonus is targeted, but there could be other reasons why certain members would be ineligible. If that’s the case for you, these promotions come around every so often, so you can get in on the next one.

Intercontinental Amstel Amsterdam 2

Use point sales to stay at high tier properties for an effectively reduced rate.

First, you can find IHG properties where the cash rate is much higher than the cost of buying the points and redeeming for an award night. For example, an award night at the Intercontinental Amstel Amsterdam is 40,000 points, while the typical cash rate is €420 ($564) per night. With the current promotion, you could buy 26,000 IHG Rewards Club points and get 15,600 bonus points (a total of 41,600 points) for $299, saving you almost 50% off the cash price.

IHG Intercontinental Amstel Amsterdam room rate

The Intercontinental Amstel Amsterdam goes for $564 or 40,000 points per night. With the current promo, the points option is much cheaper.

Second, if you need points to top up your account in advance of an award redemption, you may as well get them now while they’re at a discount. Say, for example, you needed 16,000 more points to complete your award stay.Normally you’d have to pay $200 to purchase those 16,000 points, but with the 60% promotion, you can instead pay $135 for 10,000 points and receive the extra 6,000 bonus points free.

Finally, the new IHG PointBreaks list for July 28 – September 30 goes live on Monday. IHG PointBreaks are discounted award nights in select properties worldwide that go for just 5,000 points per night. The most desirable properties tend to sell out quickly, so if you find yourself wanting to book a PointBreaks room, but don’t have enough points on hand, buying points with this bonus could make sense, since the PointBreaks discount is so steep.

As an example from the previous PointBreaks list, a night at the Crowne Plaza Bangkok Lumpini Park typically starts around $95, or costs 25,000 points, so a seven night stay would cost about $665 or 175,000 points. With the PointsBreak discount, that award stay would cost only 35,000 points, which you could buy during the current 60% bonus promotion for just $275.

Stay in the Crowne Plaza Bangkok Lumpini Park for just 5,000 points per night!

The Crowne Plaza Bangkok Lumpini Park was on the last PointBreaks list. You could combine the 60% buy points bonus with the upcoming list to score a great deal on award nights.

Note that with IHG Rewards, there’s a trick you can use any time (no promotion needed) to buy points for 0.6 cents apiece. This involves making a “cash and points” reservation, which you then cancel. The cash portion is then refunded to you in the form of points, which you’ve effectively purchased at 0.7 cents each (or 0.63 cents with the 10% redemption rebate given to those who have the IHG Rewards Club Select credit card from Chase). However, you must have at least 5,000 points in your IHG Rewards account to book using cash and points, so for those who have low balances or don’t feel comfortable navigating that kind of redemption, the current bonus is almost as good.

If you’re looking for other ways to boost your IHG Rewards balance, consider the aforementioned IHG Rewards Club Select credit card from Chase, which currently offers 60,000 points after spending $1,000 in the first 3 months, and comes with a free night at any IHG hotel each year upon your account anniversary. You can also transfer Chase Ultimate Rewards points directly to IHG, though this should only be done selectively to take advantage of PointBreaks or other promotions, since Ultimate Rewards are otherwise much more valuable. Those thinking of using this option should consider the current in-branch offer for the Chase Ink Plus card of 70,000 points after spending $5,000 in the first 3 months.

A few notes from the terms and conditions:

“Offer available for purchases made between 6:00 PM ET July 24 and 11:59 PM ET August 18, 2014 inclusive. 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 the 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 120,000 points per calendar year and receive as a gift a maximum of 120,000 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.”

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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  • RakSiam

    Is there a link to this? I can’t seem to figure out where to find it on their website?

  • Michael
  • Lucky

    I follow the link and I don’t get the 60% bonus, just the regular prices, i.e. 1.15 cpm over 26000. Is it gone that quick;y?

  • vah

    buying points through cash and point trick costs 0.7 cents not 0.6

  • http://www.thepointsguy.com PR@TPG

    Did you try the drop down menu where you select which points package you want? That’s where the bonus points show up. So far I haven’t seen any indication that this offer is targeted, so please let us know if the bonus isn’t available to you.

  • http://www.thepointsguy.com PR@TPG

    Yes! I added one at the beginning.

  • http://www.thepointsguy.com PR@TPG

    You’re right, you do pay 0.7 cents, but then you get the 10% rebate for redeeming, which yields an effective rate of 0.63 cents per point. I updated the text to clarify that.

  • Lauren

    I don’t think this is working for me – from the dropdown menu on the link I click 10,000 points and it says $135.00 USD. There is nothing about a bonus offer.

  • john k

    Not receiving the offer even though I am logged in and used your link. 60000 points for $690.

  • Dolores Garcia

    I don’t see a drop down menu? the link above only takes me to buy point ( like u choose how many to purchase?)

  • Ben

    Doesn’t work, still shows 10,000 points for $135.

  • Dolores Garcia

    okay, I’ve discovered the 60% bonus in indeed targeted… NOW I want to know how do you get the 10% rebate when redeeming? am total noob to this!

  • http://www.thepointsguy.com PR@TPG

    We were all beginners at some point, so welcome to the club!

    Sorry for the confusion; the 10% redemption rebate is for those who have the Chase IHG Rewards Club credit card. I updated the language in the post to clarify that.

  • Grateful Al

    I accidentally bought 25000 instead of the 26000 I wanted. Short of disputing the transaction by my credit card company, is there a remedy so I can get the points for 11.50 per thousand as originally intended? As it sits, this mistake will cost me an extra $25.

  • Grateful Al

    Also, I did not see a drop-down menu for bonus points although I used the link at the top of this page. Now I’m concerned I won’t get my bonus points.

  • Grateful Al

    I did not see a drop-down bonus menu. Bought 25K points. Hoping, as the terms and conditions state, that bonus points will be awarded upon completion of the transaction.

    Read more: http://thepointsguy.com/2014/07/ihg-rewards-club-60-buy-points-bonus/#ixzz390B7HAdl
    Follow us: @thepointsguy on Twitter | thepointsguy on Facebook

  • Louise Bell

    I didn’t have the bonus option either. How long does it take for the refund to be issued from canceling a points + cash reservation?

  • Eric

    I apologize ahead of time for what could be a silly question: Would purchasing these miles on your IHG Rewards credit card earn you the 5 points per $1 spent?

  • brendon

    Can anyone confirm if they were NOT targeted (points not showing on drop down menu) and bought through TPG’S link and got the bonus?

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