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IHG® Rewards Club 100,000 Points for $565

IAlwaysCall 334 167 May 7, 2015 at 09:21 AM in Travel (3)
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Last Edited by IAlwaysCall May 7, 2015 at 09:33 AM
This is a good deal and even beats the biannual IHG 100% match on buying points by $10 or so. ThePointsGuy values IHG points at $.007/point [thepointsguy.com], so the value you are getting is $700 worth of points for $565 (disregard their $1,150 claim). Combine this with the IHG credit card offer of 80k points, and you've got yourself a nice vacation.

Normally, buying points/miles is a bad deal. This is one of the few exceptions.

What You Receive: 100,000 points deposited into your IHG® Rewards Club account

Dates of Travel: Anytime

Max. Quantity per Purchase: 3. No more than 3 packages of points purchased through this offer are allowed per loyalty number. A maximum of 16 packages of points is allowed per loyalty number across all IHG offers.


https://dailygetaways.ustravel.or...521657b7b1
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Last Edited by paperwastage May 7, 2015 at 09:20 PM
Remember, you can always purchase IHG points at $0.007/point.
This is the minimum value of an IHG point - Don't redeem using points if you get less than $0.007/point cash effective rate.
http://twoheartsonebeard.com/?p=1574

Right now, you have the option to buy points @ $0.00565/point, 20% discount (5.65/7 = 80%)

Scenario 1:
$150/night or 10,000 points
Cash Effective point rate: ($150/10000 = $0.015/point) -> worth paying via points

Scenario 2:
$50/night or 10,000 points
Cash Effective point rate: ($50/10000 = $0.005/point) -> worth paying via cash

Scenario 3:
$70/night or 10,000 points
Cash Effective point rate: ($70/10000 = $0.007/point) -> worth buying the 100k points at $565 and redeem them here, or just do the $0.0007 conversion at any time
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108 Comments

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Joined Feb 2007
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#3
Who is the Points Guy, why is he the authority on cash value of points, and where did he come up with that number?
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#4
TPG is just posted here as a reference IMO.You are free to do your own calculation to figure out how much those points are worth to you. But in general it is a better estimate then what IHG claims
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#5
Show me a legit place that will buy IHG points for .007, then we have a deal. Smilie
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Joined Feb 2010
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#6
Correct, I was just giving the reference that I use for my travel which I do on a weekly basis. Whether airline miles or hotel points, only use the points when it makes sense. If an IHG hotel is charging more than $.007 per point, I'm using my points (example: $225 for a room or 25k points). The utility of the points is what you make of them.
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#7
For a n=1 experiment, I looked up cost of 4 night stay in Disney World area at the end of this month. Found a place that was 25k points per night or $102 per night. Take that fwiw
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#8
Quote from b534202 View Post :
Who is the Points Guy, why is he the authority on cash value of points, and where did he come up with that number?
That website provides useful information but is not the Ultimate Authority on the value of points - you are, but you have to sit down and do the math and understand your usage patterns.

I regularly use two IHG hotels: a Holiday Inn Express and a Hotel Indigo. The Holiday Inn Express is (almost) always $100/night (taxes and fees included), or 15,000 points/night. If that were the only IHG hotel I ever stayed at, then I would value the points at $100/15,000 or 6.667 cents per point (close to the Points Guy's estimation). The Hotel Indigo is (almost) always $350/night or 40,000 points/night. If I were only staying there, I'd value the points at $350/40,000 or 8.75 cents per point.

More realistically than staying only at either of those hotels, though, for $565 I can buy 100,000 points that will cover two nights at the Hotel Indigo and one night at the Holiday Inn Express - which would otherwise sum to a cost of $800 - for a net savings of $235.

That's slick, thanks OP.
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#9
Quote from b534202 View Post :
Who is the Points Guy, why is he the authority on cash value of points, and where did he come up with that number?
The 0.7c/point is the rate at which you can always "buy" points from IHG. Normally they sell points to you at a higher rate than that, but you can always use a trick. You book a room using a mix of cash and points (you need to have some points to do this). Then you cancel. When you cancel they refund you the entire value in points (they keep the cash). The rates at which they "sell"/refund you points with this trick is 0.7cents/point.

Quote from TuckFigerDirect View Post :
Show me a legit place that will buy IHG points for .007, then we have a deal. Smilie
As with all hotel points (and airline miles) you get the best value by staying (or flying) with them. If you stay at their typical hotels in the US at 0.7cents/point you will at least break even (for most it is actually cheaper).

The best redemption is at their high end hotels around the world. The rooms are capped at 50,000 points/room, but the cash price is usually above $350/night. I can easily give you examples where the room is $700/night so you are redeeming points at 1.4cents/point.

Quote from nkutke262 View Post :
For a n=1 experiment, I looked up cost of 4 night stay in Disney World area at the end of this month. Found a place that was 25k points per night or $102 per night. Take that fwiw
So pay cash when its cheaper to pay cash or find a hotel where the redemption value is better.
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Last edited by alex_ro May 7, 2015 at 09:54 AM. Reason: Automerged Doublepost

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#10
Quote from b534202 View Post :
Who is the Points Guy, why is he the authority on cash value of points, and where did he come up with that number?
That website provides useful information but is not the Ultimate Authority on the value of points - you are, but you have to sit down and do the math and understand your usage patterns.

I regularly use two IHG hotels: a Holiday Inn Express and a Hotel Indigo. The Holiday Inn Express is (almost) always $100/night (taxes and fees included), or 15,000 points/night. If that were the only IHG hotel I ever stayed at, then I would value the points at $100/15,000 or .06667 cents per point (close to the Points Guy's estimation). The Hotel Indigo is (almost) always $350/night or 40,000 points/night. If I were only staying there, I'd value the points at $350/40,000 or .0875 cents per point.

More realistically than staying only at either of those hotels, though, for $565 I can buy 100,000 points that will cover two nights at the Hotel Indigo and one night at the Holiday Inn Express - which would otherwise sum to a cost of $800 - for a net savings of $235.

That's slick, thanks OP. Edit: Carried zeros incorrectly!
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#11
Quote from IAlwaysCall View Post :
This is a good deal and even beats the biannual IHG 100% match on buying points by $10 or so. ThePointsGuy values IHG points at $.007/point [thepointsguy.com], so the value you are getting is $700 worth of points for $565 (disregard their $1,150 claim). Combine this with the IHG credit card offer of 80k points, and you've got yourself a nice vacation.

Normally, buying points/miles is a bad deal. This is one of the few exceptions.

What You Receive: 100,000 points deposited into your IHG® Rewards Club account

Dates of Travel: Anytime

Max. Quantity per Purchase: 3. No more than 3 packages of points purchased through this offer are allowed per loyalty number. A maximum of 16 packages of points is allowed per loyalty number across all IHG offers.


https://dailygetaways.ustravel.or...521657b7b1
Points Guy Brian must be running out of ideas. he usually whores out Chase Ink and other high referral cards. Good deal my ass. LMAO

Quote from b534202 View Post :
Who is the Points Guy, why is he the authority on cash value of points, and where did he come up with that number?
Blogger who re-writes posts from flyertalk and pushes credit card offers mercilessly to get referral fees.
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Last edited by mazafaka May 7, 2015 at 09:57 AM. Reason: Automerged Doublepost
#12
Quote from Gigantopithecus View Post :
That website provides useful information but is not the Ultimate Authority on the value of points - you are, but you have to sit down and do the math and understand your usage patterns.

I regularly use two IHG hotels: a Holiday Inn Express and a Hotel Indigo. The Holiday Inn Express is (almost) always $100/night (taxes and fees included), or 15,000 points/night. If that were the only IHG hotel I ever stayed at, then I would value the points at $100/15,000 or .06667 cents per point (close to the Points Guy's estimation). The Hotel Indigo is (almost) always $350/night or 40,000 points/night. If I were only staying there, I'd value the points at $350/40,000 or .0875 cents per point.

More realistically than staying only at either of those hotels, though, for $565 I can buy 100,000 points that will cover two nights at the Hotel Indigo and one night at the Holiday Inn Express - which would otherwise sum to a cost of $800 - for a net savings of $235.

That's slick, thanks OP. Edit: Carried zeros incorrectly!
Or you can stop promoting crap and sign up for IHG card and do something like Set Your Sights promo.
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#13
Lol terrible deal....i got 85k points for FREE with a new card...current offer may be 70k points....
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Joined Nov 2006
Retail price:Just Say No!
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#14
If you have the card you also get 10% of your points back whenever you do a reward booking FYI, so would end up a total of 110k points eventually
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#15
Quote from mazafaka View Post :
Or you can stop promoting crap and sign up for IHG card and do something like Set Your Sights promo.
Why would you assume that I do not already have an IHG card, and that I do not already sign up for their promos? LMAO

Now I remember why I stopped posting here. For every one person posting a deal, there are legions of boneheads trashing it because their minds are narrow and/or they can't do math.
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