Strategically shopping for factors could be a good worth, particularly for luxurious resort stays. IHG One Rewards has simply launched a brand new sale on bought factors. Totally different members could also be focused for various gives, although it seems that the usual provide isn’t fairly as beneficiant as some previous promotions that we’ve seen.
Sale on bought IHG One Rewards factors
By way of Friday, November 1, 2024, IHG One Rewards is providing a bonus on bought factors. Totally different members could also be focused for various gives — the usual promotion appears to be for an 80% bonus, which isn’t fairly nearly as good because the 100% bonuses that we typically see. To be able to unlock the most effective provide, it’s worthwhile to buy at the very least 5,000 factors in a single transaction.
How a lot does it price to purchase IHG One Rewards factors?
Ordinarily you should purchase IHG One Rewards factors for as little as one cent every (the pricing isn’t linear), earlier than any reductions or bonuses. With that in thoughts, if you happen to have been eligible for an 80% bonus and bought 150,000 IHG One Rewards factors pre-bonus, you’d obtain a complete of 270,000 factors at a price of $1,500, which is a fee of 0.56 cents per IHG level.
IHG sells factors very often, and when this system does, the bonus is often within the vary of 80-100%. So the 80% bonus isn’t fairly nearly as good as gives from this system get.
Whereas the IHG One Rewards Premier Credit score Card (evaluation) and IHG One Rewards Premier Enterprise Credit score Card (evaluation) provide a 20% low cost on bought factors, that profit solely applies when shopping for factors on the regular price, and wouldn’t be relevant right here.
What number of IHG One Rewards factors can you buy?
IHG One Rewards ordinarily lets members buy as much as 150,000 factors per calendar yr, earlier than any bonuses.
Which bank card do you have to purchase IHG One Rewards factors with?
IHG One Rewards factors purchases are processed by factors.com, that means they don’t rely as a resort buy for the needs of bank card spending.
Due to this fact I’d advocate utilizing a card on which you’re attempting 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® (evaluation), Citi Double Money® Card (evaluation), or Capital One Enterprise Rewards Credit score Card (evaluation).
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Earn 1% money again once you make a purchase order, earn 1% money again once you pay for that buy -
$0
Chase Freedom Limitless®
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Earn 3% Money Again on Eating -
Earn 3% Money Again at Drugstores -
Earn 1.5% Money Again On All Different Purchases -
$0
Capital One Enterprise X Rewards Credit score Card
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Earn 2x miles per greenback on each buy -
No Overseas Transaction Charges -
10,000 bonus miles each account anniversary -
$395
Capital One Enterprise Rewards Credit score Card
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Earn limitless 2X miles on each buy, daily -
No Overseas Transaction Charges -
World Entry/TSA Pre-Test Credit score -
$95
The Blue Enterprise® Plus Credit score Card from American Categorical
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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 finest for purchasing factors.
Is shopping for IHG One Rewards factors price it?
IHG One Rewards has dynamic award pricing, which suggests there’s no minimal or most variety of factors a resort keep can price. Slightly 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 resort stays. There are numerous 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 essentially the most worth out of your IHG factors when you’ve got the IHG One Rewards Premier Credit score Card (evaluation), IHG One Rewards Premier Enterprise Credit score Card (evaluation), or IHG One Rewards Traveler Credit score Card (evaluation).
That’s as a result of the playing cards provide a fourth evening free profit, that means that you would be able to e-book a 4 evening award keep for the price of three nights. That is primarily the equal of 25% off in increments of 4 nights, since you should utilize this profit a vast variety of instances.
At what motels are you able to redeem IHG One Rewards factors?
IHG has over 15 resort manufacturers, so there are many choices for redeeming your IHG One Rewards factors. IHG factors will be redeemed on the following properties, amongst others:
- For luxurious & premium motels, there’s Six Senses, Regent, InterContinental, Kimpton and Lodge Indigo
- For mid-range and restricted service motels, there’s Crowne Plaza, Vacation Inn, Vacation Inn Categorical, Candlewood Suites, Staybridge Suites, voco, and EVEN
How a lot are IHG One Rewards factors price?
Everybody will worth factors otherwise, however personally I worth IHG One Rewards factors at ~0.5 cents every, and I are inclined to worth factors fairly conservatively. So the acquisition value is 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 kind 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.
Take into account that IHG elite standing is sort of straightforward to earn. Only for having the IHG Rewards Premier Card you obtain Platinum standing, with none kind 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 normal rooms will probably be made accessible for award redemptions each evening, however that doesn’t imply that each one normal rooms can be found for award redemptions.
What are good makes use of of IHG One Rewards factors?
Whereas all costs are topic to alter, let me give a couple of examples of some nice offers I’m seeing proper now utilizing IHG One Rewards factors. Once more, remember that IHG factors may very well be acquired for 0.56 cents every with this promotion.
For instance, you could possibly 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 could be over $1,500 per evening.
If you happen to’re searching for 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 could be over $700 per evening.
If you happen to’re searching for a luxurious seaside 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 could be over $800 per evening.
Backside line
IHG One Rewards is providing a sale on bought factors. By way of November 1, 2024, IHG One Rewards is providing a promotion, and members appear to be eligible for as much as an 80% bonus, which is a chance to purchase factors for 0.56 cents every.
As you may see above, there are situations the place shopping for factors can prevent over 50% on the price of a luxurious resort 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 together with the IHG Rewards Premier Card, which might get you a fourth evening without spending a dime on award redemptions.
Do you propose on shopping for IHG factors with a bonus?