Today Daily Getaways is offering IHG points in several different packages. You’ll be able to grab IHG points for 0.567 to 0.6 cents per point. Normally you can buy IHG points for 0.7 cents each using the Cash & Points trick, so you’re looking at buying IHG points for 14% to 19% cheaper than the regular rate at which you can buy them. Remember that you need to make the purchase with a American Express credit card to receive the extra 10% off.
Leading up to IHG’s new PointBreaks list coming out on Tuesday, this is potentially a great way to top off your IHG account balance. Unfortunately, this time around we did not get a full preview list of the 150 properties that will be available on the PointBreaks list. This makes buying the points a gamble of whether or not you’ll have a property from the list that you can redeem them at.
Even with a large number of points packages, they are likely to go fast, so you may want to be at your computer when the deal goes live at 1:00 PM ET. If you don’t grab any tomorrow, you will have another chance on Thursday June 5th.
Daily Getaways is offering IHG points packages on two separate days, today Monday, May 26, and again on Thursday, June 5. Here is what you will pay including the 10% discount from using an American Express card:
- 100,000 points for $567 (1000 available) — 0.57 cents per point
- 50,000 points for $292.50 (1,250 available) — 0.59 cents per point
- 25,000 points for $150.30 (2,000 available) — 0.60 cents per point
- 15,000 points for $90 (2,500 available) — 0.60 cents per point
Is It Worth Buying IHG Points During Daily Getaways?
That really depends on if you can put them to good use and how soon. Take for example, the Intercontinental Singapore where standard rooms normally run around $300 to $350 in June. If you buy IHG points for 0.567 each you can potentially drop that rate down to $280 per night, or you will just about break even. I found roughly the same value per point redemption when I compared the Holiday Inn Resort Phuket that is only 15k per night.
If you do have a rewards stay that you would like to redeem at an expensive property it may be worth it to buy some points. That said, I wouldn’t suggest loading up on IHG points to keep them sitting in your account. Just make sure to rung the numbers before you think you’re getting in on a good deal.
If you can have a couple thousand points in your IHG Rewards Club account, you can always buy points for 0.7 cents each. When you use the Cash & Points award night trick you can ‘buy’ 10,000 points for $70, and later cancel the reservation to have the 10k points deposited back into your account. You can only net 10,000 points per night, but do this over a short period of time and you can buy a substantial quantity of points.
For PointBreaks considerations, the difference in cost per night of using points purchased during Daily Getaways vs. the Cash & Points method is only $6.65 per night.