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We received 3 ways to renew Ambassador
Ambassador is the loyalty program of Intercontinental hotels, not to be confused with the Intercontinental hotel group, whose overall loyalty is IHG rewards club which the Intercontinental brand is a part of. Intercontinental is the 5 star premium brand of IHG, and they’ve made a wholly separate program inside the IHG program that gives specific benefits to its members while staying at Intercontinental hotels. Last year my dad received a great targeted renewal offer, and this year he received something similar. Check out this very attractive IHG Ambassador renewal offer.
He was given 3 different options.
The typical renewal offer is $150 or 24000 points. Both of these options are listed below, one with a 10k bonus, the other with a 5k bonus. Since IHG points can regularly be purchased for $0.007, and targeted purchases of $0.005, I’d value these offers in the following way.
- $150 plus 10k IHG points = $80-$90
- No brainer as this comes with a free weekend night, room upgrades, etc.
- 24k points get 5k back = 19k points or $95 to ~$140
- not as sweet an offer
The real winner to us…$200 plus 15k points plus 10% back on nights
15k points = $75-$105 which reduces the $200 down to $95 to $125. On this merit alone I’d go with option one above, but we have to look at the 10% back on all stays with Intercontinental up to 100k total points. This is the same deal that IHG credit card holders retain. In fact, this deal is stackable, meaning the top tier Intercontinentals of the world, which usually cost 60k points, net out at 48k with this deal. Since my family stays at a lot of Intercontinental hotels, and we have another big family trip planned next year, this is the deal we will go for.
We have plans right now to redeem in excess of 400k points, that’s worth another 40k points back right there. Conservatively that’s worth $200 – $280, not including upgrades, or free weekend nights. That would put us way ahead, and it’s more than likely we’ll redeem in excess of 500k.
Have you received any attractive renewal offers?
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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