Please ensure Javascript is enabled for purposes of website accessibility

Don't miss out! Join the thousands of people who subscribe to our once-daily email or our free miles and points Facebook group with all the best travel news. Points With a Crew has partnered with CardRatings for our coverage of credit card products. Points With a Crew and CardRatings may receive a commission from card issuers.

UPDATE 8/21: Reposting as the last day to take advantage of this is Friday August 23rd

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 tiered bonus up to 100%, now through August 23rd? This is a high bonus, just about the the best bonus IHG has ever offered. You can check out the deal and see your targeted bonus here. Let’s examine the math and see if this makes sense. I’ll run through the map assuming a 100% bonus; adjust as needed for your own bonus amount.

Normally, IHG points cost between $11.50 and $13.50 to purchase 1,000 points depending on how many points you buy (tax included), for a purchase price of 1.15-1.35 cent per point. That might seem cheap, but remember, IHG points are only worth about half a penny each, so at the normal rate, you’re paying almost triple the value. At the normal rate, it doesn’t make sense to buy IHG points.

What about with the 100% bonus? You’ll need to purchase at least 7,000 points to get the bonus, and at least 26,000 points to get the best rates, so for $260, you’re getting 52,000 points. That brings the purchase price to 0.5 cents per point, which is closer to the normal redemption value, but still slightly higher.

One other thing is that IHG has bumped up the maximum amount of points you can buy to 100,000 points at once.

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.

(SEE ALSO: When is buying miles worth it?  Only in these 3 instances)

If you do that, I recommend buying enough to get the maximum bonus amount. You can find the link to this promotion here

One other area where it might make sense is if you’re low on points and want to stay at one of the current IHG Point Breaks hotels, which can be had as low as 5000 points / night.  Buying 30,000 points for $300 gets you 52,500 points, which would be enough for 10 nights at a hotel, if you can find one you like in the 5000 point range.  Meaning that you’d get 10 nights for $300 which seems like a pretty good deal.  Even if you were staying at a mix of 5000 or 10000 night hotels you’d get 7 nights for your $300, which still seems like a good deal

Remember too if you have the IHG Rewards Club Premier card (current signup bonus is 80,000 points), you also get the 4th night free on award stays.  You can find out more information about the IHG card and other hotel cards here

What was your IHG bonus amount? Are you planning on buying IHG points?

Note: the affiliate links in this post support the blog and our bloggers. If you do use one of our links, thank you!

Points With a Crew has partnered with CardRatings for our coverage of credit card products. Points With a Crew and CardRatings may receive a commission from card issuers. Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Other links on this page may also pay me a commission - as always, thanks for your support if you use them

Sign up for our once-daily email with the latest tips and tricks on how to travel for free / cheap. 

You have Successfully Subscribed!