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While it may seem counter-intuitive to spend money on points, purchasing points when they are offered at a discount or with a bonus can make a lot of sense. Obviously, using points you earned from sign-up bonuses or while going about your everyday life is optimal, but even if you have to purchase points, you may still come out ahead over paying the going rate for travel. Via a very limited-time flash sale, you can get a 100% bonus on purchased IHG points. This 100% bonus drops the price per point to as low as 1/2 a cent each. That is about as good of a sale as IHG ever has on points, so if you need to purchase some IHG points, you will want to jump on this offer before 11:59 PM ET on March 22, 2018.
The 100% bonus kicks in on purchases as small as 5,000 IHG points, resulting in 10,000 total points. However, there are a few pricing tiers, so purchasing just 5,000 points will mean you are paying .00675 per point. You can drop that rate to .00575 per point if you purchase at least 11,000 points. You can get the price per point all the way down to .005 (aka 1/2 a cent) per point if you purchase at least 26,000 IHG points. At 1/2 a cent each with this 100% bonus, you will spend $260 to purchase a total of 52,000 IHG points.
You can redeem IHG points for hotels starting at just 5,000 points per night for a hotel on the lowest pricing level of the PointBreaks offers. On the other end of the spectrum, IHG redemptions currently go as high as 70,000 points per night for a higher-end hotel such as the Kimpton Seafire in Grand Cayman, the Intercontinental Park Lane in London, or the Intercontinental Times Square in New York City.
At 1/2 a cent per point, that would be the same as booking one of those hotels for $350 per night. That obviously isn’t a great rate, but as you can see in the example below at the Kimpton Seafire, it can be less expensive than paying the going rate on some nights.
I only recommend purchasing hotel points if you are very familiar with the program and/or have a specific plan for the points, but if you want in on this deal, be sure to purchase before the end of the day on March 22, 2018.
Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.