11,000 + 11,000 bonus = $126.50
22,000 + 22,000 bonus = $253.00
26,000 + 26,000 bonus = $260.00
27,000 + 27,000 bonus = $270.00
same for anything above this amount
Sample rates:
$225 per night hotel costs 43,000 points
$292 per night hotel costs 57,000 points
expiredserra | Staff posted Jan 26, 2024 06:03 PM
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Item 1 of 2
expiredserra | Staff posted Jan 26, 2024 06:03 PM
IHG One Rewards: Make a Points Purchase, Get
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We just came back from Nice (Frnace) where we paid about 11,000 points per night. The cheapest cash price on non-cancellable room (same hotel, same dates) would've been $85 + fees and taxes. Cancellable rate was about $95 + fees and taxes. Basically I got about 1 cent per dollar. I should mention I do have IHG credit card which gives me 4th night free when paying with points, which is one of the reasons the rate was this low.
At the end of November we stayed in Holiday Inn Express close to Universal Studios Florida for about 11,500 points per night (also would've been about $100 + fees & taxes if paying cash). That was also after 4th night free.
However when we looked at booking a room in Phoenix in March, the cheapest was 28,000pts/night and up from there (that's also after 4th night free). Cash prices were just a bit over $100 on the cheapest properties. That's a bad value, so we didn't book it.
So IHG points can be worth about 1 cent per point if you:
1. Have an IHG credit card (from Chase) and get 4th night free when paying with points
2. Choose your dates and properties carefully.
Also you have to book way in advance (like several months in advance) because properties "sell out" of "reward nights" (nights you can pay with points). So a hotel might have rooms available but you won't be able to use rewards on dates close to travel.
I don't think I would be buying the points unless I had a specific property and redemption in mind in near future due to points devluation. But in general it is a good deal.
22,000 + 22,000 bonus = $253.00
26,000 + 26,000 bonus = $260.00
27,000 + 27,000 bonus = $270.00
same for anything above this amount
Sample rates:
$225 per night hotel costs 43,000 points
$292 per night hotel costs 57,000 points
doesn't seem like a good deal. Seems like regular price.
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Also quick question do you guys recommend points redemption per night or points plus cash? Reason I'm asking is I've noticed e.g. It's 25k points per night or 10k points and $80, but the property only costs $110 per night plus taxes! So $30 for 15k points = worthwhile?
At least half of my nights are paid in points.
So, I have a lot of experience playing this game.
I almost always extract at least 1 cent per point in redemption value, sometimes more than 2 cents vs refundable rates. It's definitely possible if you are somewhat flexible with dates and location.
I max out those "buy points" promotions every year without hesitation for the full allowable amount (often 500000 points)
For the full disclosure, I have 25% off credit card (4th night free) and 10% off old credit card on the top of that - further boosting the value of my points by ~50%
So you could buy a few points next January to keep your account active, or make a points reservation at a hotel.
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Also quick question do you guys recommend points redemption per night or points plus cash? Reason I'm asking is I've noticed e.g. It's 25k points per night or 10k points and $80, but the property only costs $110 per night plus taxes! So $30 for 15k points = worthwhile?
when combined with free 4th night when redeeming points it's more value but you do need to stay 4 nights.
So if you are not really planning 4 night stays then kind of not worth it to tie up your money in points which always get devalued over time.
So if you are maybe 5-20k points away from having enough for 3 night stay (4th night free) then it may be worth it.
I would just apply for the IHG business premier cc and get 140k points for 99 annual fee.
About a 700 dollar value for paying the 99AF and spending 3k within first 3 months.
If you have ebay or amazon and sell anything then you have a "business".
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Amenity fee is the newest term that IHG hotels are using replacing the term "resort fee".
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