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The present IHG factors sale has been operating because the starting of final week and it has been permitting IHG One Rewards members to purchase as much as 300,000 factors at a price of simply 0.5 cents per level. Right this moment, nevertheless, is the final day of this sale so if you may make economical use of this provide, you don’t have for much longer to refill on some factors.
Key phrases
- This Supply is on the market to IHG One Rewards members for qualifying purchases of IHG One Rewards factors made through the interval from 12:00 AM ET on October 2, 2023 via 11:59 PM ET on October 9, 2023 (TODAY).
- So as to qualify for this 100% bonus factors Supply, a member should make a minimal buy of 11,000 factors per transaction.
- The variety of factors a member could buy, present, or obtain as a present through the Supply Interval is topic to annual limits beneath the IHG One Rewards Membership Phrases and Circumstances, which can be found by visiting ihg.com.
- Members could buy a most of as much as 150,000 factors throughout a calendar yr, so the variety of factors a member should buy through the Supply Interval will rely on what number of factors the member had already bought throughout the identical calendar yr.
- Bought factors, in addition to any bonus factors awarded beneath this Supply, don’t rely in direction of IHG One Rewards Elite standing.
- Bought factors will not be refundable and are relevant towards all rewards accessible via the IHG One Rewards program.
- Please permit as much as 72 hours for factors to put up and seem within the recipient’s account.
Full phrases and circumstances could be discovered on the factors sale web page through this hyperlink
Click on To Purchase IHG One Rewards Factors
The numbers
There are two variables on this sale – the bonus and the associated fee per level… they usually’re not associated. Simply because there’s a 100% bonus on provide doesn’t imply that it is best to ignore the associated fee per level. Right here’s why:
Somebody shopping for the minimal variety of factors required to set off the 100% bonus would pay $126.50 for a complete of twenty-two,000 factors.
This works out to a price per level of 0.575 cents.
Somebody shopping for the utmost allowable factors on this sale would pay $1,500 and would web 300,000 factors courtesy of the 100% bonus:
300,000 factors at a price of $1,500 come to a value per level of 0.500 cents – It issues what number of factors you select to purchase regardless that most purchases will set off a 100% bonus.
Additionally, remember that there continues to be an odd anomaly that IHG Rewards likes to throw into all of its factors gross sales whereby you should purchase 26,000 factors for lower than it prices to purchase 23,000 factors. You may as well purchase 27,000 factors for lower than it prices to purchase 24,000 factors and you should purchase 28,000 factors for lower than it prices to purchase 25,000 factors.
It appears to be like unusual however this comes about as a result of IHG units the next value per level for purchases of 25,000 factors or much less. The 100% bonus is unbiased of this value/level.
To get the perfect worth out of this promotion you want to purchase no less than 26,000 IHG Rewards factors.
Click on To Purchase IHG One Rewards Factors
Must you purchase factors?
As normal, my golden rule about miles and factors gross sales comes into play right here so nobody needs to be shopping for factors on this sale and not using a stable plan in place for the way they’re going to make use of them… and use them quickly!
Having now stated all of that, it’s vital to level out that at 0.5 cents/level, this sale can provide nice offers at among the dearer properties within the IHG portfolio. A room costing 65,000-75,000 factors per night time will successfully value you $325-$375 per night time (together with all taxes and costs) for those who use factors bought on this sale, and that may typically signify a very good saving on the money price that’s being provided on the identical date(s).
Higher but and regardless of current devaluations, it’s nonetheless doable to guide some high-end properties with lots fewer factors than have been wanted earlier than IHG launched dynamic pricing:
Simply be sure you examine that the money value for a similar night time isn’t additionally very low – that will make an award reserving uneconomic.
It may get higher
In additional excellent news, the offers can get even higher if in case you have the appropriate bank card.
The card_name (evaluation) provides cardholders a 4th night time free on all award bookings so, for those who maintain this card and purchase sufficient factors to guide 4 nights (or sufficient factors to high up your account so you may guide 4 nights), the worth you’d be getting could be even higher.
Utilizing the instance of the InterContinental Chicago Magnificent Mile from above, a 4-night keep may value an card_name holder simply 75,000 factors which, at 0.5 cents per level, is a money value of simply $375 together with taxes – that’s a staggeringly whole lot.
It’s additionally value conserving in thoughts that anybody holding an Anniversary Free Evening Certificates that comes as one of many advantages of the card_name, can add factors to the worth of their certificates (at present capped at 40,000 factors) to permit them to redeem it at dearer properties.
For certificates holders and not using a important IHG Rewards steadiness, low-cost factors bought in gross sales resembling this one could provide a simple path to getting extra worth out of their certificates.
Backside line
I at all times provide the identical recommendation for promotions like this:
- Discover out the price of an evening on the properties you want to go to (on the time of yr you want to journey)
- Evaluate that value to the price of an award night time paid for with factors bought on this sale.
Simply by doing these two easy stuff you’ll know simply how good an concept it might be to purchase factors on this sale.
Click on To Purchase IHG One Rewards Factors
Featured picture: InterContinental Bora Bora Resort