Please note this site has financial relationships with American Express and this post may contain affiliate links. Read my Advertiser Disclosure policy here to learn more about my partners.
IHG points are ones that you can routinely “buy at a discount” via making and then canceling a “cash and points” reservation. This results in buying points at the “discounted” price of .7 cents per point instead of the regular IHG price of 1.11 cents per point (or more, depending on how many points you purchase).
However, right now you can cut through all of that and simply buy IHG points with a 100% bonus via a promo that is scheduled to run through June 30th. With the 100% bonus, the price per point drops to as low as .575 cents (just over 1/2 a cent each), which is better than the .7 cents each you can purchase them at via the “trick”.
IHG Buy and Gift Miles – 100% Bonus Through June 30th
You may purchase a maximum of 120,000 points per calendar year and receive 120,000 points per calendar year as a gift. Please allow 24-48 hours for points to post.
Via the 100% promo, prices for IHG points are as follows:
- 1,000 – 10,000 points for $13.50 per 1,000 points + 100% bonus = .675 cents per point
- 11,000 – 25,000 points for $12.50 per 1,000 points + 100% bonus = .625 cents per point
- 26,000 – 60,000 points for $11.50 per 1,000 points + 100% bonus = .575 cents per point
I purchased points at about this rate this year via the Daily Getaway Deals and I don’t regret it at all. This post explains why I more than got my money’s worth out of IHG points at that rate.
I also recently used 35,000 of my IHG points to book my parents a room during peak season at the Holiday Inn Express Seward, Alaska when cash prices for the room were $300+/night. At .575 cents each, 35,000 points is the equivalent of $201/night, which is about a 33% savings. That isn’t ground breaking, but it was a very solid way to save some cash during a heavy travel season.
At the .575 cents per point price, 5,000 points per night PointBreaks rooms are just $28.75 per night, which is phenomenal!
As always, I do not recommend purchasing miles or points without having a plan for how you are going to use them. That said, this is a very fair price for IHG points, and a price at which I have personally purchased in the past, and may very well again in the future.
This post contains affiliate links, as always your support of this site is appreciated.