AwardWallet receives compensation from advertising partners for links on the blog. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.
This IHG Points Purchase promotion has ended, however, you can still purchase IHG points.
As one 100% bonus promotion ends with IHG, another one begins. Slightly different from the last promotion, there are multiple tiers of bonus where you can earn up to 100% on points purchases up to a maximum of 60,000 points. The promotion appears to vary by account, but this is what we received.
Key Terms & Full Language
- Promo is valid through 23:59 ET December 8, 2017
- No bonus on purchases of 1,000 to 4,000 points
- 40% bonus on purchases of 5,000 to 19,000 points
- 100% bonus on purchases of 20,000 to 60,000 points
- Maximum of 60,000 points can be purchased for a total of 120,000 points (after the bonus)
Members may purchase additional points necessary to redeem a reward at a variable cost based upon the amount of points purchased, up to a maximum of 60,000 points per calendar year. Members may purchase points up to the amount necessary for Reward issuance, but only when account balance is insufficient to reach desired reward. Points must be purchased in minimum increments of 1,000 points, and can only be paid for by an accepted credit card. No cancellations or refunds are permitted. Points will post to member's account within 24-48 hours of purchase.
Maximizing The Offer
With this promotion, if you purchase the maximum of 60,000 points, this will give you a total of 120,000 points for $600. At this rate, the cost works out at 0.50 cents per point. Remember that you can’t purchase more than 60,000 points per calendar year. So if you have already reached the 60,000 point purchase limit, you will not be able to take part in the promotion.
While buying points speculatively is never recommended, there is some value in this promotion particularly if you have a specific redemption in mind.
This is as good as it gets for direct IHG points purchases, even though occasionally you may receive a better deal when IHG runs a promotion on Points & Cash booking. IHG has been almost running this 100% points purchase promo non-stop for the past few years; one ends, the next one begins. At this price we're buyers, but not speculatively; only if we have a redemption in mind.
Source: Magic Of Miles
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.