As a frequent consumer of the IHG One Rewards program, I usually redeem IHG factors for stays. Fortunately, IHG periodically gives promotions for purchasing factors that permit me increase my account steadiness.
Nevertheless, you do not all the time need to purchase IHG factors throughout a limited-time promotion for those who’re in search of the most effective deal. As an alternative, you will usually need to await a 100% bonus promotion, which often seems a couple of times annually. Throughout 100% bonus promotions, you should purchase IHG factors for simply 0.5 cents per level — considerably decrease than the redemption price I recurrently get when redeeming IHG factors.
IHG is operating considered one of these 100% bonus promotions via March 29. So, let’s take a more in-depth take a look at this alternative to purchase IHG factors to see whether or not it is best to think about it.
IHG purchase factors sale particulars
IHG’s present promotion for purchasing factors gives members a 100% bonus once they buy not less than 5,000 factors in a single transaction via March 29.
You may solely buy 200,000 IHG One Rewards factors per calendar yr. Nevertheless, if you are going to buy 200,000 factors for $2,000 throughout this 100% bonus, you will get a complete of 400,000 factors.
There are specific level thresholds at which prices lower with quantity, so you will often want to purchase 26,000 IHG factors or extra at a time to get the most effective buy price. For instance, shopping for 25,000 factors ($287.50) is costlier than buying 26,000 factors ($260).
Notice that time purchases are nonrefundable, and it could take as much as 72 hours for bought factors to seem in your account. You should buy IHG factors by going to IHG’s purchase factors web page and logging in.
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Ought to I purchase IHG factors now?
In case you get greater than 0.5 cents per level when redeeming IHG factors, it is best to think about shopping for IHG factors throughout this 100% bonus promotion.
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My husband and I often purchase the utmost variety of IHG factors annually throughout 100% bonus promotions. In spite of everything, IHG promotions for purchasing factors do not get higher than 0.5 cents per level, and we will simply get greater than 0.5 cents per level in worth when redeeming IHG factors.
We often use the fourth-night-free reward perk — a advantage of the IHG One Rewards Premier Credit score Card — to get extra worth from our IHG factors. This perk, which can be accessible 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 night time 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 danger.
Bear in mind, although, that IHG makes use of dynamic award pricing. So, though it is presently straightforward to get greater than 0.5 cents per level when redeeming IHG factors, IHG may change its award pricing algorithm at any time.
Associated: The way to maximize award redemptions with the IHG One Rewards program
Ceaselessly requested questions on shopping for IHG factors
You’ll have different questions on shopping for IHG factors. Listed here are among the commonest.
How else can I earn IHG factors?
This promotion is not the one technique to earn IHG factors.
For instance, you could possibly join an IHG bank card. My private favourite is the IHG One Rewards Premier Credit score Card because it offers automated Platinum Elite standing, an anniversary night time value 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 once I redeem IHG factors for stays of 4 nights or longer.
It’s also possible to switch Chase Final Rewards factors to IHG One Rewards. Nevertheless, I do not suggest doing this since you will usually discover extra worth when transferring Final Rewards factors to different applications.
Bilt Rewards Factors additionally switch to IHG One Rewards. Nonetheless, you will often get higher worth out of your Bilt factors when transferring to a higher-value associate like World of Hyatt.
How a lot does it value to purchase IHG One Rewards factors?
IHG members can purchase factors for as little as 0.5 cents per level via March 29. That is a lot decrease than the usual buy price of 1 to 1.35 cents per level you will see when there is not a 100% bonus promotion.
Associated: When does it make sense to purchase factors and miles?
Which bank card ought to I take advantage of to purchase IHG factors?
Whenever you purchase IHG factors, Factors.com processes the transaction as a substitute of IHG. Your buy will not code as journey, and you will not earn a journey class bonus for those who use one of many greatest 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 while you purchase IHG factors. Nevertheless, you possibly can’t mix this low cost with every other factors buy provide. So, you will not get the low cost until you purchase IHG factors at full value outdoors of a promotion for purchasing factors.
As such, you will often need to purchase IHG factors with one of many greatest playing cards for on a regular basis spending or a card for which you are presently working to meet a minimal spending requirement.
Associated: The most effective bank cards for purchasing factors and miles
Backside line
When IHG One Rewards gives a 100% bonus 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 danger for those who aren’t assured you will go on the award journey you e book with the factors you’ve got bought.