Title: IHG Points Purchase Promotion: Is it Worth Buying?
Introduction (150 words)
IHG (InterContinental Hotels Group) is currently offering a promotion on purchasing points, with a 100% bonus, until December 30, 2023. This means you can buy IHG points at a discounted rate of $0.005 per point. However, before making a purchase, it is important to consider various factors such as redemption opportunities, potential devaluation of points, and immediate usage plans. This article will explore the details of the promotion, discuss strategies for maximizing the value of purchased points, and highlight the benefits of IHG’s loyalty program.
Understanding IHG’s Point Purchase Promotion (250 words)
IHG’s point purchase promotion offers a 100% bonus, allowing you to buy a maximum of 150,000 points for $1,500. This equates to a price of $0.005 per point, which is the cheapest rate IHG has ever offered. However, it is important to note that IHG has previously allowed a maximum purchase of 250,000 points. While this promotion offers the best price per point, the maximum purchase limit has been higher in the past.
Using Points Strategically (400 words)
When considering buying IHG points, it is crucial to have a redemption in mind to take advantage of in the immediate future. IHG’s award rates fluctuate based on demand, and it is not advisable to buy points speculatively.
One strategy for using purchased points effectively is by taking advantage of IHG’s Cash + Points option. This allows you to book a hotel using a combination of cash and points, with the price per point typically around $0.006. If you don’t have enough points for a booking or don’t want to use all your points, this option provides flexibility and can still result in significant savings.
Another strategy is to leverage IHG’s free night certificates earned through certain IHG credit cards. These certificates can now be topped up with purchased points, making them more valuable. For example, if you have a free night certificate and need additional points for a longer stay, you can purchase the required points at a discounted rate during this promotion.
Benefits of IHG’s Loyalty Program (350 words)
IHG’s loyalty program offers several benefits that can enhance the value of purchased points. For instance, having an IHG Rewards Premier credit card grants you automatic Platinum status, a fourth night free when using points, and a $50 United Travel Bank credit. Additionally, the credit card provides a free 40,000-point night every year on your card anniversary.
Furthermore, IHG Rewards Premier cardholders can earn 10x points at IHG Hotels & Resorts worldwide, 5x points on travel, gas stations, dining/restaurants, social media and search engine advertising, and office supply stores, and 3x points everywhere else. These earning opportunities, coupled with the benefits of Platinum status, allow you to accumulate points quickly and maximize their value.
Conclusion (150 words)
IHG’s point purchase promotion offers an attractive opportunity to buy IHG points at a discounted rate. However, it is crucial to approach this offer strategically and avoid speculative purchases. Having a redemption in mind and considering the potential benefits of IHG’s loyalty program can help you make the most of this promotion.
By crunching the numbers, conducting thorough research, and considering your individual travel plans, you can determine whether purchasing IHG points during this promotion is a worthwhile investment. Remember, this article provides information and analysis, but the final decision should be based on your specific circumstances and needs.
Disclaimer: Opinions, reviews, analyses, and recommendations in this article are the author’s alone and have not been reviewed, endorsed, or approved by any of the mentioned entities.