Buy IHG Rewards points from 0.5 cents each through April 14, 2022
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It’s not a stretch to say IHG Rewards are my favorite hotel points. Even after IHG Rewards moved to dynamic award pricing, I’ve still been able to get excellent value from IHG points. In particular, I regularly get significantly more than TPG’s valuation of IHG Rewards points (0.5 cents per point).
IHG Rewards periodically offers buy points promotions. The best one — a 100% bonus promotion — typically appears several times each year. When IHG offers a 100% bonus buy points promotion, you can buy IHG Rewards points for just 0.5 cents per point.
Well, IHG’s 100% bonus buy points promotion is back for some members. Specifically, IHG is offering a flash sale with up to a 100% bonus from April 6 to April 14, 2022.
Let’s take a closer look at this IHG buy points promotion and whether you should consider it.
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Should I buy IHG Rewards points now?
Pre-pandemic, my husband and I would typically buy the maximum number of IHG Rewards points each year during a 100% bonus buy points promotion. After all, IHG Rewards buy points promotions don’t get better than 0.5 cents per point, and we could easily get more than 0.5 cents per point when trying to maximize IHG Rewards redemptions.
As travel rebounds, it’s still easy to get more than 0.5 cents per IHG Rewards point on many stays, and most IHG Rewards award bookings are flexible until shortly before your arrival date. So, you can buy IHG Rewards points now and snag low award rates for trips into 2023 without much risk.
However, IHG is set to make some major updates to its loyalty program this month, and we’re not yet sure what that entails. Because of this, I only recommend buying points if you can do so with a 100% bonus and have a specific redemption in mind. After all, IHG could decide to change its award pricing algorithm at any time to provide a lower redemption value.
Remember that IHG Rewards uses dynamic award pricing. So, although we’re still seeing the positive side of dynamic award pricing with low award night rates in many regions, prices and award rates will likely rise as travel demand increases.
IHG buy points sale details
IHG’s current buy points sale offers members up to a 100% bonus on IHG Rewards point purchases. You’ll need to purchase a minimum number of points to unlock the bonus (for me, the minimum is 11,000 points).
Note that due to IHG’s tiered pricing for buying points, you’ll likely need to purchase at least 26,000 points to get the best purchase rate of 0.5 cents per point (if you’re targeted for a 100% bonus). Based on the current offer, if I buy 26,000 points for $260, I’d get 52,000 points.
You can only purchase a maximum of 150,000 IHG points per calendar year, which is also the maximum number of points you can purchase during this promotion. However, if you purchase 150,000 points for $1,500, you’ll get a total of 300,000 points (again, if IHG targeted you for a 100% bonus).
Note that points purchases are nonrefundable and it may take up to 72 hours for purchased points to appear in your account. Additionally, you may have a different offer than is reported above. After all, IHG markets this sale as a “flash sale” and offer terms note it is an “exclusive, nontransferable offer for intended recipients only.”
You can check your offer by going to IHG’s buy points page and logging in.
Are IHG points worth it?
If IHG targeted you for a 100% bonus, this buy points deal is a solid way to scoop up IHG points for cheap. As I mentioned above, it’s currently easy to get more than 0.5 cents per point in value from your IHG Rewards points.
For example, consider a weekend stay at the Hotel Indigo Austin Downtown-University in Austin. For a sample two-night stay in July with free cancellation until two days before arrival, you could pay $598 or 89,000 points.
With a 100% bonus, you could get 90,000 IHG points for $450 and then redeem these points for a two-night stay. By doing so, you’d get your two-night stay for $148 less than if you’d booked a paid rate.
The scale of your savings may be even greater on some stays. For example, the InterContinental Maldives Maamunagau Resort costs $1,327 per night this July if you pick a rate with free cancellation until three days before arrival. Alternatively, you can book the same hotel for 120,000 IHG Rewards points per night.
Say you wanted to spend three nights there. If you purchased 300,000 points for $1,500 to redeem alongside points you already have, you could get a massive discount on your stay. And if you’re eligible for a fourth-night reward when paying with points, you’d snag your stay for even fewer points.
Look at your upcoming travel plans to see if you can save money by purchasing IHG Rewards points instead of paying cash for your stays. If you can, buying points may be worth it.
Frequently asked questions about buying IHG Rewards points
You may have other questions about buying IHG Rewards points. Here are some of the most common:
How else can I earn IHG Rewards points?
This buy points promotion isn’t the only way to earn IHG Rewards points.
For example, you could sign up for the IHG Rewards Premier Credit Card. In addition to a decent sign-up bonus offer, this card offers other IHG-specific perks, including the valuable fourth-night reward perk. This perk will help you stretch your IHG Rewards points further when you redeem IHG points for stays of four nights or longer.
You can also transfer points from Chase Ultimate Rewards to IHG Rewards. However, I don’t usually recommend doing this. After all, TPG values Ultimate Rewards points at 2 cents per point, which is a whole 1.5 cents per point more than IHG Rewards points. As such, you’ll typically find more value when you transfer Ultimate Rewards points to other programs.
Bilt Rewards points also transfer to IHG Rewards, but you’ll usually get a better value from your points when transferring to a higher-value transfer partner like American Airlines AAdvantage or World of Hyatt.
How much does it cost to buy IHG Rewards points?
Currently, select members can buy IHG Rewards points for as low as 0.5 cents per point. When there isn’t a buy points promotion, you’ll need to pay between 1 cent and 1.35 cents per IHG Rewards point.
Which credit card should I use to buy IHG Rewards points?
When you buy IHG Rewards points, points.com processes the transaction instead of IHG. As such, your purchase won’t code as travel and you won’t earn a travel category bonus if you use one of the top travel rewards credit cards. So, you’ll want to use one of the best cards for everyday spending to earn bonus points on your purchase.
When IHG Rewards offers a 100% buy points promotion, it’s time to consider whether you need more points for any upcoming IHG Rewards redemptions. But, since IHG Rewards uses dynamic pricing and is currently updating its loyalty program, buying points can be risky if you aren’t 100% sure you’ll go on the award trip you book with the points you’ve purchased.
Featured image of the Holiday Inn Resort Kandooma Maldives by Katie Genter/The Points Guy.
Additional reporting by JT Genter, Joseph Hostetler and Andrew Kunesh.
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