Today Only: (Effectively) Buy United Miles for 1.67 Cents Each

Jun 15, 2018

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IHG is currently running a flash sale to sell points with a 100% bonus, dropping the cost to just 0.5 cents per point. Meanwhile, United is running a 50% transfer bonus for transferring IHG points to United miles. Instead of transferring at a 5:1 ratio, you’ll get 3,000 United miles for every 10,000 IHG Rewards points transferred.

This opens a great sweet spot for just a few more hours: effectively buying United miles for just 1.67 cents per mile.

Here’s how to take advantage of this offer:

  • Buy at least 26,000 IHG points to get the maximized 0.5 cents per point purchase rate. You need to complete your purchase by 11:59pm Eastern Time on June 15 to get 100% the bonus.
  • Once your points post to your IHG Rewards account, you can transfer the IHG points to United. Call IHG Rewards at 1-888-211-987 to initiate the transfer. You’ll need to transfer points by June 30 to get the 50% bonus.

If you maximize this deal, you can buy 200,000 IHG Rewards points for $1,000 and transfer these points to United to net 60,000 United miles at an effective rate of 1.67 cents per mile.

H/T: Loyalty Lobby

Featured image by Alberto Riva / The Points Guy

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points


CARD HIGHLIGHTS: 3X points on dining and 2x points on travel, 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.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 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
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Regular APR
16.24% - 23.24% Variable
Annual Fee
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit

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