Update: One or more card offers in this post are no longer available. Check our Hot Deals for the latest offers.
If you’ve been considering buying IHG points for an award stay, here’s a terrific deal!
You can buy up to 60,000 IHG points (the maximum allowed per calendar year) with this offer. And with the bonus, you’ll save even more than you would using the Points & Cash trick!
If you have a paid IHG stay coming up, and award rooms are available, you might save Big Money with this deal.
I’ll fill you in on the details!
Buy IHG Points With a 100% Bonus
Until 11:59 pm on February 17, 2017, you’ll earn a 100% bonus when you buy 5,000+ IHG points.
Points must be purchased in 1,000-point increments, and there’s a limit of 60,000 purchased IHG points per calendar year. Only online points purchases are eligible (NOT over the phone).
But with this promotion, you’ll pay even less for your IHG points!
For example, 60,000 IHG points cost $690. And with a 100% bonus, you’ll get an another 60,000 bonus IHG points with your purchase, for a total of 120,000 IHG points.
So the cost of the points is ~0.58 cents each ($690 cash price / 120,000 points), slightly less than what you’ll pay using the Points & Cash trick.
Is This a Good Deal?
This is a terrific deal if you just need a few more IHG points to top-off your account for an award stay.
And potentially an amazing deal if you would have booked at paid stay at normally expensive IHG hotels.
For example, a night at the InterContinental London Park Lane in August 2017 costs 499 British pounds (~$622) or 60,000 IHG points.
With the 100% bonus, you could buy 120,000 IHG points for $690, enough for a 2-night stay! And you’d save ~$554 off the cost of a 2-night paid stay ($1,244 cost of 2 paid nights – $690 cost of points for 2 award nights).
An Even Sweeter Deal With the Chase IHG Card
Chase IHG Rewards Club cardholders get a 10% rebate on redeemed points, up to 100,000 IHG points per year.
With the Chase IHG card, if you were to buy the maximum of 60,000 IHG points for $690 with this bonus, you’d get 120,000 IHG points. And when you redeem them, you’ll get 10% of your points back, or 12,000 IHG points (120,000 points redeemed x 10%).
So in total, you’re getting a total of 132,000 IHG points (120,000 points from bonus offer + 12,000 points from redemption rebate). This effectively brings your cost down to ~0.52 cents per point ($690 cost of points purchase / 132,000 total points).
With the Chase IHG card, you’ll earn 60,000 bonus points after you spend $1,000 on purchases in the first 3 months of account opening. Plus a $50 statement credit after your first purchase.
And another 5,000 IHG points after adding an authorized user and making a purchase within the first 3 months of account opening.
This isn’t the highest sign-up bonus offered for the card, but you might consider applying because the most valuable perk is the free night at ANY IHG hotel you’ll get each year on your card anniversary.
For a limited time, you can buy 5,000+ IHG points and earn a 100% bonus, up to a maximum of 60,000 purchased points per year.
The promotion expires at 11:59 pm on February 17, 2017. This is an excellent deal if you need IHG points to top-off your account for an award. Or if you’d otherwise pay for a very expensive stay and there are award rooms available instead.
And Chase IHG cardholders get an even better deal, because they get a 10% rebate on redeemed points, up to 100,000 IHG points per calendar year.