Strategically shopping for factors generally is a good worth, particularly for luxurious lodge stays. IHG has simply launched its newest sale on bought factors, which has the potential to be deal, particularly in mild of the latest program refresh. That is consistent with the perfect affords we see from this system.
Sale on bought IHG One Rewards factors
Via Friday, October 21, 2022, IHG One Rewards is providing a bonus on bought factors. Totally different members will doubtless be focused for various affords. The accounts I handle present a bonus of as much as 100%. So as to unlock the perfect bonus you’ll want to buy at the least 30,000 factors in a single transaction.
How a lot does it value to purchase IHG One Rewards factors?
Ordinarily you should purchase IHG One Rewards factors for one cent every, earlier than any reductions or bonuses. For those who had been focused for a 100% bonus and bought 150,000 IHG One Rewards factors pre-bonus, you’d obtain a complete of 300,000 factors at a value of $1,500, which is a fee of 0.5 cents per IHG level.
IHG sells factors very often, and when this system does, the bonus is usually within the vary of 75-100%. As you’ll be able to see, the 100% bonus is nearly as good as affords from this system get.
Whereas the IHG® Rewards Premier Credit score Card (evaluate) and IHG® Rewards Premier Enterprise Credit score Card (evaluate) supply a 20% low cost on bought factors, that profit solely applies when shopping for factors on the regular value, and wouldn’t be relevant right here.
What number of IHG One Rewards factors can you buy?
IHG One Rewards lets members buy as much as 150,000 factors per calendar yr, earlier than any bonuses.
Which bank card must you purchase IHG One Rewards factors with?
IHG One Rewards factors purchases are processed by factors.com, which means they don’t depend as a lodge buy for the needs of bank card spending.
Due to this fact I’d advocate utilizing a card on which you’re making an attempt to achieve a minimal spending requirement, or in any other case, a bank card that maximizes your return on on a regular basis spending, just like the Chase Freedom Limitless® (evaluate), Citi® Double Money Card (evaluate), or the Capital One Enterprise Rewards Credit score Card (evaluate).
Earn 1% money again once you make a purchase order, earn 1% money again once you pay for that buy
Chase Freedom Limitless®
Earn 3% Money Again on Eating
Earn 3% Money Again at Drugstores
Earn 1.5% Money Again On All Different Purchases
Capital One Enterprise X Rewards Credit score Card
Earn 2x Enterprise miles on each buy
No International Transaction Charges
10,000 bonus miles each account anniversary
Capital One Enterprise Rewards Credit score Card
Earn 2x Enterprise miles on each buy
No International Transaction Charges
International Entry/TSA Pre-Test Credit score
The Blue Enterprise® Plus Credit score Card from American Specific
2x factors on purchases as much as $50k then 1x
Entry to Amex Affords
No annual charge
See this publish for extra on which bank cards are greatest for getting factors.
Is shopping for IHG One Rewards factors value it?
IHG One Rewards has dynamic award pricing, which implies there’s no minimal or most variety of factors a lodge keep can value. Moderately the price of an award keep typically correlates considerably to the price of a income keep.
Nevertheless, that doesn’t essentially imply you’ll get the identical worth with all lodge stays. There are lots of conditions the place you may get outsized worth by shopping for factors after which redeeming them, so let’s get into that in a bit extra element.
Tip: Get a fourth evening free with an IHG bank card
You’ll get probably the most worth out of your IHG factors if in case you have the IHG® Rewards Premier Credit score Card (evaluate), IHG® Rewards Premier Enterprise Credit score Card (evaluate), or IHG® Rewards Traveler Credit score Card (evaluate).
That’s as a result of the playing cards supply a fourth evening free profit, which means you could e-book a 4 evening award keep for the price of three nights. That is basically the equal of 25% off in increments of 4 nights, since you should use this profit an infinite variety of occasions.
At what resorts are you able to redeem IHG One Rewards factors?
IHG has over 15 lodge manufacturers, so there are many choices for redeeming your IHG One Rewards factors. IHG factors could be redeemed on the following properties, amongst others:
- For luxurious & premium resorts, there’s Six Senses, Regent, InterContinental, Kimpton and Lodge Indigo
- For mid-range and restricted service resorts, there’s Crowne Plaza, Vacation Inn, Vacation Inn Specific, Candlewood Suites, Staybridge Suites, voco, and EVEN
How a lot are IHG One Rewards factors value?
Everybody will worth factors in another way, however personally I worth IHG One Rewards factors at ~0.5 cents every, and I are likely to worth factors fairly conservatively. So the acquisition value is true round what I worth these factors.
Do IHG One Rewards factors expire?
For non-elite members, IHG One Rewards factors expire after 12 months of inactivity. Nevertheless, any type of factors incomes or redemption exercise would reset the expiration of your factors. Moreover, IHG One Rewards factors don’t expire for elite members in this system.
Understand that IHG elite standing is sort of simple to earn. Only for having the IHG Rewards Premier Card you obtain Platinum standing, with none type of a spending requirement.
Does IHG One Rewards have blackout dates?
IHG One Rewards doesn’t have blackout dates on award nights, however this system does have capability controls. What this implies is that some variety of commonplace rooms shall be made accessible for award redemptions each evening, however that doesn’t imply that every one commonplace rooms can be found for award redemptions.
What are good makes use of of IHG One Rewards factors?
Whereas all costs are topic to vary, let me give just a few examples of some nice offers I’m seeing proper now utilizing IHG One Rewards factors. Once more, take into account that IHG factors may very well be acquired for 0.5 cents every with this promotion.
For instance, you possibly can e-book an overwater villa on the Six Senses Laamu Maldives for 100,000 IHG factors per evening (with a fourth evening free you’d pay simply 75,000 factors per evening), when the paid fee can be over $1,500 per evening.
For those who’re in search of a luxurious metropolis getaway, the InterContinental London Park Lane is charging 75,500 IHG factors per evening on many dates (with a fourth evening free you’d pay simply ~56,600 factors per evening), when the paid fee can be over $700 per evening.
For those who’re in search of a luxurious seashore trip nearer to house, the Kimpton Seafire Resort & Spa in Grand Cayman is charging 70,000 IHG factors per evening on many dates (with a fourth evening free you’d pay simply 52,500 factors per evening), when the paid fee can be over $800 per evening.
IHG One Rewards is providing a sale on bought factors. Via October 21, 2022, IHG One Rewards is providing a bonus, and the commonest supply appears to be for a 100% bonus, which is a chance to purchase factors for 0.5 cents every.
There are positively circumstances the place it might make sense to purchase IHG factors. As you’ll be able to see above, there are cases the place shopping for factors can prevent over 50% on the price of a luxurious lodge keep. I additionally assume there’s worth in having a “reserve” of IHG factors, given the model’s world footprint.
You will get much more worth out of shopping for IHG factors along with the IHG Rewards Premier Card, which may get you a fourth evening without cost on award redemptions.
Do you propose on shopping for IHG factors with a bonus?