With over 5,000 IHG properties worldwide, you’re likely to find one that fits your needs when planning your next vacation. And your next vacation might be closer than you think, now that IHG is offering a bonus 75% on purchased points, now through February 28th. This is a high bonus, but it’s not the best bonus IHG has ever offered. The deal and information can be accessed here. Let’s examine the math and see if this makes sense.
Normally, IHG points cost $13.50 to purchase 1,000 points (tax included), for a purchase price of 1.35 cent per point. That might seem cheap, but remember, IHG points are only worth about half a penny each, so at the normal rate, your paying almost triple the value. At the normal rate, it doesn’t make sense to buy IHG points.
What about with the 75% bonus? You’ll need to purchase at least 20,000 points, so for $250, you’re getting 35,000 points. That brings the purchase price to 0.714 cents per point, which is closer to the normal redemption value, but still higher.
While I’m generally against buying points speculatively, if you need some points for your next redemption, it could be worth topping up your account. If you do that, I recommend buying at least 5,000 points so you earn some bonus miles (2,500 in that case). You can find the link to this promotion here
Will you buy IHG points with an 75% bonus? Or will you wait for a higher bonus to come back?
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