From May 19, 2014 to June 20, 2014, a new travel deal will be available every weekday at 1:00 pm EST. But you have to be quick to get in on the deals, because they usually sell out very fast!
And you’ll save an additional 10% if you use your American Express card.
Deal for May 26, 2014 – IHG Hotel Points
Link: Daily Getaways Calendar
Today’s deals are for IHG points, which can be used at any IHG hotel:
- Holiday Inn
- Holiday Inn Express
- Holiday Inn Resorts
- Holiday Inn Club Vacations
- Crowne Plaza
- Hotel Indigo
- Staybridge Suites
- Candlewood Suites
- Even Hotels
- Hualuxe Hotels
The deal goes live today at 1:00 pm EST, so you’ll need to have the site loaded on your browser and ready to click on the deal just prior to that time. There are only a few thousand deals available, so they tend to sell out quickly.
Is This a Good Deal?
IHG normally sells points for 1.15 to 1.35 cents per point, which isn’t great. But with this deal, you’re buying IHG points for 0.63 to ~0.67 cents per point.
For example, if you bought 100,000 IHG points for $630, you’d pay 0.63 cents per point ($630 cost of points / 100,000 points). And if you used your American Express card, you’d pay ~0.57 cents per point ($567 cost of points / 100,000 points).
With this deal, you’re buying IHG points for .63 to ~.67 cents per point. So you’d save as much as ~.67 cents per IHG point (~1.3 cents per IHG point – as low as .63 cents per point with this deal).
And you’d save up to .07 cents per point compared to using the Cash & Points trick (.7 cents per point with the Cash & Points trick – as low as .63 cents per point with this deal).
So it could be worth it if you’re not comfortable with the Cash & Points trick!
The 100,000 point package is the best value. You can buy up to 3 sets of IHG points, for a maximum of 300,000 points. And you have to have an IHG account before the deal goes live.
So will you save money buying points to redeem for award nights instead of paying cash for a room? I did some random searches to find out.
1. Intercontinental Bora Bora Resort & Thalasso Spa
A night in an overwater bungalow (where we stayed!) at the Intercontinental Bora Bora Resort and Thalasso Spa on August 23, 2014 costs 50,000 IHG points. You can buy the points through the Daily Getaways deal for $325, or $293 if you use your American Express card.
The cheapest paid rate (non-refundable) for the same bungalow on the IHG website is 73,853 French Pacific Francs, or ~$849 (!!!) including taxes.
In this case, it’s much cheaper to buy the points through the Daily Getaways deal ($325 or ~$293 if you use your American Express card).
You’ll save $524 to $556 (~$849 room cost on IHG website – ~$293 Daily Getaway cost with an American Express card). That’s an amazing deal!
I checked Kayak to compare and the cheapest rate (through Getaroom.com) was ~$928 including taxes and fees!
Either way, using IHG points from Daily Getaways in this case is a great deal!
2. Staybridge Suites Austin Airport
A room at the Staybridge Suites Austin Airport on August 11, 2014, costs 15,000 IHG points. You can buy the points through the Daily Getaways deal for $100, or $90 if you use your American Express card.
The cheapest paid rate (non-refundable) for the same room on the IHG website is ~$152 including taxes.
In this case, it’s much better to use points from the Daily Getaways deal. You’ll save $52 ($152 cash price – $100 cost of points). Or $62 if you use your American Express card ($152 cash price – $90 cost of points).
I double checked with Kayak and the cheapest non-refundable rate was $140 through Priceline.
You’ll still save $40 to $50 on this room by using IHG points from the Daily Getaways deal.
Another great use of IHG points is using them for PointBreaks rooms. These rooms only cost 5,000 points per night. You could get 20 nights for 100,000 IHG points ($630 or $567 with American Express card). That works out to ~$29 to ~$33 per night (if you can find a hotel on the PointsBreaks list that interests you!).
What Else Can You Do With IHG Points?
IHG points can be transferred to certain airlines like Delta, United Airlines, and Alaska airlines at a 1:5 ratio, but that’s not a very good deal.
For example, you could transfer 100,000 IHG points to get 20,000 United Airlines miles. You’d pay $630 ($567 with American Express card).
20,000 United Airlines miles isn’t even enough for a low-level round-trip domestic coach ticket! You’d probably spend less on a paid ticket. But if you needed to top-off your frequent flyer account with a few miles, this could be a good deal.
With today’s Daily Getaways, you can buy IHG hotel points for 0.63 to ~0.67 cents per point. And if you use your American Express card, you’ll get an additional 10% discount.
If you want to use the points for a hotel stay, check the cash price of the hotel 1st before you buy points. In many cases it’s could be a very good deal! Do the math to see if it makes sense for you.
And it’s not worth it to transfer IHG points to airlines, even with this deal. Only do it to top-off your account for an award ticket.
Remember, the deal goes live at 1:00 pm EST today.