Starting Today: 500 Million IHG Points Available From 0.58 Cents per Point
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The 2017 version of the U.S. Travel Association’s Daily Getaways deals kicked off Monday with a bang. The 2,000 Alamo vouchers on offer flew off the shelves in about half an hour — serving as another reminder that these Daily Getaways can be very popular.
Today’s deal isn’t likely to sell out as quickly. There are 7,405 IHG points packages available — with a whopping 500,000,000 total IHG points up for grabs. If past years’ offers are any indication, some of the larger packages will still be available days later.
Today’s Deal: Packages of IHG points costing between 0.58-0.60 cents per point
Deals available: 7,405 total
Maximum Quantity per Purchase: 3-5 packages per offer / 24 total packages
Timing: The deal goes live at 1pm ET today
Expiration Date: IHG points will be subject to IHG’s expiration policy — which requires some earn or redeem activity within 12 months to keep points active.
- 8,500 points for $49 (0.576 cents per point)
- 15,000 points for $89 (0.593 cents per point)
- 25,000 points for $149 (0.596 cents per point)
- 50,000 points for $299 (0.598 cents per point)
- 100,000 points for $589 (0.589 cents per point)
- 130,000 points for $749 (0.576 cents per point)
Limitations: You must be an IHG Rewards Club member to purchase this offer and redeem the points. No more than three to five packages (depending on the package) of points purchased through this offer are allowed per loyalty number. A maximum of 24 packages of points is allowed per loyalty number across all IHG offers. Once you make the purchase, the points are supposed to be available in your IHG account within ten business days.
Game plan: Make sure to have your IHG Rewards Club number ready, as you’ll have to provide this at purchase. If you’re looking to scoop up one of the smaller packages, you should make sure to be on the deal page when it goes live around 1pm ET. The 100,000- and 130,000-point packages will likely be around for a while.
The smallest package is a great way to extend the life of your points at a reasonable rate. Alternatively, you can buy 1,000 points for $13.50 through Points.com — a cheaper price but a purchase rate more than double the Daily Getaways offer.
TPG values IHG points at 0.7 cents apiece, so this opportunity to buy points as low as 0.576 cents per point provides the opportunity to buy at a 28% discount to our valuation.
Featured image courtesy of InterContinental Maracaibo.
Welcome to The Points Guy!
WELCOME OFFER: 60,000 Points
TPG'S BONUS VALUATION*: $1,200
CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners
*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases.
- 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases.
- Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
- With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
- Earn 2x total points on up to $1,000 in grocery store purchases per month from November 1, 2020 to April 30, 2021. Includes eligible pick-up and delivery services.