You can currently buy IHG Rewards Points with an 80% bonus! The low USD-EUR exchange rate makes the offer even more attractive:
IHG often offers a bonus of 100%! So if you don’t need a lot of IHG points in the foreseeable future, don’t buy any to hoard with the 80% bonus. You can only buy 100,000 points (+ bonus) per calendar year!
Redeeming points for otherwise very expensive hotels e.g. in New York, London,… is a great value. You can also book PointsBreak hotels for only 5.000 points and thus for the equivalent of around 25€ per night!
You can save over 1.300€ on a single night’s stay by buying points! How? By staying over New Year’s Eve directly on Time Square!
- Buy points with an 80% bonus
- Redeem points effectively
- Save over 1.300€ over New Year’s Eve on Times Square!
- Bottom Line
- IHG Reward Points do not expire as long as you have one activity per 12 months!
Buy points with an 80% bonus
For 1,000 points + bonus you pay $13.50, $12.50 or $11.50 or even only $10 depending on the number of points you buy:
- 1.000 – 4.000 points: 13,50$ (approx. 11,00€)
- 5.000 – 10.000 points + 80% bonus: 13,50$ (approx. 11,50€), effectively 6,90€/1.000 points
- 11.000 – 25.000 points + 80% bonus: 11,50$ (approx. 10,00€), effectively 6,00€/1.000 points
- 26.000 – 60.000 points + 80% bonus: 10,00$ (approx. 8,50€), effectively 5,10€/1.000 points
You get the best price if you buy at least 26.000 points + bonus. Effectively you pay $6 (ca. 5,10€) for 1.000 points including the bonus. The price per point is 0.6 USD cents (approx. 0.51 Euro cents).
You can buy a maximum of 100.000 points per calendar year + the 80.000 bonus points = 180.000 points for $1.000 (about 850€).
The promotion is valid until May 1st 2019.
Redeem points effectively
IHG Rewards Points can be redeemed starting from 10.000 points in one of the 4.700 hotels and resorts of the InterContinental Group. PointBreaks even start at only 5.000 points.
Expensive Hotels in New York, London, Hong Kong,…
A good use for the points are redeeming for stays at otherwise very expensive hotels in cities such as New York, Tokyo, Singapore, London, Paris,… But it is only worth it if you are willing to spend more than 200€ per night.
Unfortunately, IHG Rewards Club has introduced new categories: Up until recently, you had to pay a maximum of 50,000 points for a hotel, but now 55,000, 60,000 or even 70,000 points per night are a going rate for many expensive redemptions. That eats up a part of the discount.
When converted, 50.000 points = 202,50$ (approx. 172€) and 60.000 points = 255€. On this basis, here is a suggestion:
Instead of paying 434€ in cash for the room, a points redemption makes much more sense. At a price of 4,05€/1000 points you pay effectively only 283,50€ for the room!
Usually, depending on the hotel, a points redemption gives you a much better room than a base room anyway. You should always take this into consideration and make sure to check what kind of room a redemption night books into!
Save over 1.300€ over New Year’s Eve on Times Square!
If you really want to maximize your redemptions, you can book the Crowne Plaza Time Square Manhattan over New Year’s Eve. As a hotel guest, you have direct access to Times Square and don’t have to stand in line from the early afternoon.
There seems to be no minimum stay this year either. So you can book for one night from the 31st of December to the 1st of January for 60.000 points = 255€. Normally the hotel will charge you $1.960 (approx. 1.600€)! An incredible saving of 1.350€:
Alternatively, you can also book a room at the InterContinental Times Square on New Year’s Eve for 70.000 points instead of $1.597:
Of course you also redeem points instead of paying cash! So you end up paying only 283,50€ – a saving of 1.011,50€!
The reason why the Crowne Plaza is more expensive than the InterContinental is probably the viewing area in front of the Crowne Plaza. However, the Crowne Plaza still requires an additional entrance fee to enter the viewing area.
PointsBreaks: Hotels for 5.000 – 15.000 points per night
Those who are not willing to spend more than 200€ for a night in a luxury hotel can redeem their points for PointBreaks. If you buy points with a 100% bonus, the costs for one night at 5.000 points are effectively only 20,50€. With 15.000 points you pay 61,50€.
However, the hotels on offer as PointsBreaks are usually not in major cities and they are mainly Holiday Inn Express properties. Nevertheless, sometimes you can find an InterContinental amongst the deals – but you have to be quick and book directly the PointsBreaks go on sale!
I wouldn’t bet on getting rid of 200,000 points just by booking PointBreaks though, even if it might be tempting.
Booking hotels with points bought can be a good measure in many cities to keep the price of hotel stays within limits, e.g. during trade fairs or other large events that tend to drive up rates.
However, you should never buy miles or points without a redemption plan. These sales take place regularly and at the same time the points can be devalued at any time by the program e.g. if a new more expensive hotel category is introduced again.
IHG Reward Points do not expire as long as you have one activity per 12 months!
A special feature of IHG Rewards is that the points never expire! You only have to collect or redeem at least one point every 12 months. This makes it much easier to deal with a large stash of points without having to worry about expiry dates.
Source: meilenoptimieren.com – thanks!