February 2024 IHG Points Purchase Promotion: Get a 90% Bonus When You Buy IHG Points

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Offer Ends: Expired

IHG (InterContinental Hotels Group) offers a dynamic and rewarding loyalty program, allowing members to earn and redeem points for hotel stays, travel, and more. An intriguing aspect of this program is the option to buy IHG points. But what does this entail, and how can it benefit you?

Buy IHG Points

Buying IHG points can be a strategic move for travelers, especially when used during promotional periods when significant bonuses are offered. Normally, buying points may not be the most cost-effective approach for your travel needs. However, during promotions with bonuses of 80% to 100%, purchasing points can be a smart investment, especially for specific, targeted travel plans. These promotional bonuses increase the value of your purchase, making it a more justifiable expense compared to standard points fares.

IHG Buy Points Promotion

The IHG One Rewards program is offering an exciting opportunity for its members to augment their points balance. This limited-time offer, running from February 3 to February 12, 2024, presents a chance to significantly increase one’s points through purchases.

Key Points of the Offer

  • Offer Period: Valid from 12:00 AM ET on February 3, 2024, to 11:59 PM ET on February 12, 2024.
  • Bonus Points: Members will receive a 90% bonus on points purchased, provided they buy a minimum of 5,000 points.
  • Annual Limits: The offer is bound by the annual limits of point transactions as stated in the IHG One Rewards Membership Terms and Conditions. A member can buy a maximum of 150,000 points in a calendar year.
  • Exclusion from Elite Status: Points purchased or received as a bonus do not contribute towards achieving IHG One Rewards Elite status.

Points purchased with the 90% bonus are approximately worth 0.526 US cents each.

If you’re planning to stay at an IHG hotel in the near future, this promotion is very attractive, especially for stays at premium and luxury hotels. This offer becomes even more attractive if you have an IHG credit card, thanks to the free 4th night when booking with points.

Terms and Conditions

  • Exclusivity and Non-transferability: This offer is non-transferable and exclusively for intended recipients.
  • Award Applicability: Purchased points and bonus points can be used for all IHG One Rewards awards.
  • Point Posting: Allow up to 72 hours for the points to reflect in the recipient’s account.

Practical use of the IHG Buy Points Promotion

Let’s look at this with an example. Consider a 4-night stay in Singapore in InterContinental Hotels Singapore Robertson Quay, for 113,000 IHG One Rewards points.

This trip was found on pointscrowd.com

As part of the February promotion, you have the opportunity to purchase points at a 90% discount. This means that for 60,000 points you get an additional 54,000 points in the form of a bonus. At a price of $0.526 per point, the total cost of purchasing these 114,000 points (60,000 + 54,000) will be approximately $600. 

For comparison, paying cash for the same four nights would cost about $1,070.08. This is a significant saving and makes the offer particularly attractive.

Example cost of booking a stay at InterContinental Hotels Singapore Robertson Quay for cash

However, it’s worth noting that this isn’t the most generous offer IHG has ever made. Sometimes IHG offers a 100% bonus on points, which can provide even more benefits. If your travel plans are flexible, it’s worth waiting for such an offer to save even more. This strategy is ideal for travelers looking to optimize their hotel stays for the best price, especially if you plan to stay at more upscale IHG hotels.

F&Q

Can you buy IHG points?

Yes, you can buy IHG points. The cost of IHG Rewards points varies based on the quantity you purchase in a single transaction, with prices ranging from 1 to 1.35 cents per point. The best value is offered when buying at least 26,000 IHG points, which would cost $260 (1 cent per point). In a calendar year, you can buy or be gifted up to a total of 150,000 IHG points. It's important to note that purchased IHG points do not count towards IHG Elite Status. Additionally, there are often promotions, like the 90% or 100% Buy Points promo, where you can purchase IHG points at a lower cost.

How to buy IHG points cheap?

To buy IHG points at a cheaper rate, consider the following strategies:
  1. Promotions: IHG frequently offers promotions where you can buy points at a discounted rate, often with bonuses of up to 100%. Purchasing during these promotions can significantly reduce the cost per point.
  2. IHG Credit Card Discount: If you have an IHG credit card, you're eligible for a 20% discount on the standard rate of buying points. This can make a substantial difference, especially when purchasing larger amounts.

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