As a frequent person of the IHG One Rewards program, I usually redeem IHG factors for stays. Fortunately, IHG periodically presents purchase factors promotions that permit me enhance my account steadiness.
Nonetheless, you do not at all times need to purchase IHG factors throughout a purchase factors sale when you’re in search of the most effective deal. As an alternative, you may usually need to look forward to a 100% bonus promotion, which often seems a few times annually. Throughout 100% bonus promotions, you should purchase IHG factors for simply 0.5 cents per level — considerably decrease than the redemption charge I repeatedly get when redeeming IHG factors.
IHG is working a purchase factors promotion by Nov. 16, though members will see totally different bonus charges once they log in. TPG staffers have seen between 60% and 100% bonus presents, so let’s take a better have a look at this IHG purchase factors promotion and whether or not you must think about it.
IHG purchase factors sale particulars
IHG’s present purchase factors sale presents members as much as a 100% bonus once they purchase at the least 5,000 factors by Nov. 16. I am solely focused for a 60% bonus, however TPG senior author Ben Smithson is focused for a 100% bonus.
You possibly can solely buy 200,000 IHG factors per calendar yr. Nonetheless, in case you are focused for the 100% bonus and buy 200,000 factors for $2,000 throughout this sale, you may get a complete of 400,000 factors.
There are particular factors thresholds at which prices lower with quantity, so you may often want to purchase 26,000 IHG factors or extra at a time to get the most effective buy charge. For instance, it is dearer to purchase 25,000 factors ($287.50) than 26,000 factors ($260).
Notice that time purchases are nonrefundable, and it might take as much as 72 hours for bought factors to look in your account. You should buy IHG factors by going to IHG’s purchase factors web page and logging in.
Associated: The 19 finest IHG lodges on this planet
Ought to I purchase IHG factors now?
In case you are focused for a 100% bonus and often get greater than 0.5 cents per level when redeeming IHG factors, you must think about shopping for IHG factors throughout this purchase factors promotion.
Every day E-newsletter
Reward your inbox with the TPG Every day publication
Be part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s specialists
My husband and I often purchase the utmost variety of IHG factors annually throughout 100% bonus purchase factors promotions. In any case, IHG purchase factors promotions do not get higher than 0.5 cents per level, and we will simply get greater than 0.5 cents per level when redeeming IHG factors.
We incessantly use the fourth-night-free reward perk — a good thing about the IHG One Rewards Premier Credit score Card — to get extra worth from our IHG factors. This perk, which can be out there to cardholders of the IHG One Rewards Traveler Credit score Card and the IHG One Rewards Premier Enterprise Credit score Card, lets us pay zero factors for each fourth evening when redeeming IHG factors for a keep of 4 nights or longer.
Plus, most IHG award bookings are versatile till shortly earlier than your arrival date. So, you should purchase IHG factors now and snag low award charges for upcoming journeys with out a lot threat.
Keep in mind, although, that IHG makes use of dynamic award pricing. So, though it is at present straightforward to get greater than 0.5 cents per level when redeeming IHG factors, IHG might change its award pricing algorithm at any time.
Associated: How you can maximize award redemptions with the IHG One Rewards program
Ceaselessly requested questions on shopping for IHG factors
You could have different questions on shopping for IHG factors. Listed below are a number of the commonest.
How else can I earn IHG factors?
This purchase factors promotion is not the one technique to earn IHG factors.
For instance, you might join an IHG bank card. My private favourite is the IHG One Rewards Premier Credit score Card because it supplies computerized Platinum Elite standing, an anniversary evening price as much as 40,000 factors annually, as much as $50 in United TravelBank Money every calendar yr and entry to the beforehand talked about fourth-night-free reward after I redeem IHG factors for stays of 4 nights or longer.
You may also switch Chase Final Rewards factors to IHG One Rewards. Nonetheless, I do not advocate doing this since you may usually discover extra worth when transferring Final Rewards factors to different packages.
Bilt Rewards Factors additionally switch to IHG One Rewards. Nonetheless, you may often get a greater worth out of your Bilt factors when transferring to a higher-value companion like World of Hyatt.
Associated: Present IHG promotions: Earn bonus factors, fast-track to elite standing, reductions and extra
How a lot does it price to purchase IHG One Rewards factors?
Focused members should purchase IHG factors for as little as 0.5 cents per level by Nov. 16. That is a lot decrease than the usual buy charge of 1 to 1.35 cents per level that you will see when there is not a purchase factors promotion.
Associated: When does it make sense to purchase factors and miles?
Which bank card ought to I exploit to purchase IHG factors?
If you purchase IHG factors, factors.com processes the transaction as an alternative of IHG. Your buy will not code as journey, and you will not earn a journey class bonus when you use one of many finest journey rewards playing cards.
The IHG One Rewards Premier Credit score Card, the IHG One Rewards Traveler Credit score Card and the IHG One Rewards Premier Enterprise Credit score Card offer you a 20% low cost whenever you purchase IHG factors. You possibly can’t mix this low cost with another factors buy provide, so you will not get the low cost until you purchase IHG factors at full value exterior of a purchase factors promotion.
As such, you may often need to purchase IHG factors with one of many finest playing cards for on a regular basis spending or a card for which you are at present working to meet a minimal spending requirement.
Associated: The very best bank cards for purchasing factors and miles
Backside line
When IHG One Rewards presents a 100% purchase factors promotion, it is time to think about whether or not you want extra IHG factors for upcoming journeys. Since IHG makes use of dynamic pricing, shopping for factors carries a small threat when you aren’t assured you may go on the award journey you e book with the factors you’ve got bought.