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Here’s the broad strokes: You need to buy at least 5k points to receive a 100% bonus, and then you’re off and running. The price per point? Let’s break it down. If you were to buy the maximum 100,000, you would receive a total of 200k points for an effective purchase price of $0.005 per point. That, I believe, is their best ever. I’ve listed a couple different ways that this can be beneficial to you ( other than shoring up an account), but as with any point currency, I never recommend speculatively buying points. September 20th is the last day to get a 100% bonus when you buy IHG points.
5k points or more = 100% bonus
A couple of ways to get a great deal
The Cleveland Clinic is one of the best hospitals in the world. In fact, it’s where many of my family members have gone for Cardiovascular check-ups. The Intercontinental Cleveland is attached to the hospital and can be had for just 25k points. The last time my folks, who have Ambassador status, visited they redeemed points and were upgraded to a JR Suite – a great use of points.
Rates easily go over $250, but if you were to buy points at $0.005 per point, the 25,000 award rate would only set you back $125. That’s a great discount for a very solid hotel.
Stack this with the IHG Premier credit card for a great way to buy nights on the low low
Remember, award nights booked in accounts associated with Chase’s new IHG Premier card get a 4th night free when booking. Like the Intercontinental Singapore, normally 50k a night. This hotel easily reaches $400 a night in peak, but with buying points you could get 4 nights for just $750. Great deal.
Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers
Capital One lit the premium card market on fire when it dropped this card. It quickly was added to our wallet for the following reason!
♥ Earn 100k Bonus Points after $10k Spend in 6 months
♥$300 Annual Travel credit within Capital One Travel Portal
♥2x on every single purchase without limit
♥10x on hotels and car rentals purchased via Capital One Travel
♥5x on airfare purchased within Capital One Travel
♥Erase any travel purchase off your card at a penny a piece with Capital One Travel Eraser
- Access to the Capital One lounge network
- Priority Pass access ( including restaurants for you and two guests ) Authorized Users have access as well
♥ 10k Anniversary Miles every year you keep the card – worth $100 in Capital One Travel or transferred to partners
♥$395 Annual Fee
If you spend more than $400 a year on travel, you’ll quickly offset the annual fee with the $300 travel credit and 10k anniversary bonus. The rest is gravy. And you can add up to 4 Authorized Users fee free!