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Starting Today: 500 Million IHG Points Available From 0.58 Cents per Point

April 12, 2017
3 min read
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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

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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.

Links:

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.

TPG featured card

4 / 5
Go to review
Rewards rate
1XChoose to earn up to 1X points on rent and mortgage payments with no transaction fee
2XEarn 2X points + the option to earn 4% back in Bilt Cash on everyday purchases
Intro offer
Open Intro bonus
50,000 Bilt Points + Gold Status + $300 of Bilt Cash
Annual fee
$495
Regular APR
26.74 - 34.74% variable
Recommended credit
Open Credit score description
Good Credit, Excellent Credit

Pros

  • Choice to earn up to 1 Bilt Point per dollar spent on rent and mortgage payments
  • Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
  • $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
  • $200 Bilt Cash annually
  • Priority Pass membership
  • No foreign transaction fees

Cons

  • Moderate annual fee
  • Designed primarily for members seeking a premium, all-in-one card
  • Earn points on housing with no transaction fee
  • Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
  • 2X points on everyday spend
  • $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
  • $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
  • Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
  • Priority Pass ($469/year value). See Guide to Benefits.
  • Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.