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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.