IHG currently has a promotion offering a 60% Bonus on Buy/Purchase points between now and August 18th.
The 60% IHG Purchase Bonus Promotion
This promotion has been targeted for certain members of the IHG Rewards Club program, it seems for Gold Elite and above. You can find out if you are eligible by seeing if the bonus appears when you try and purchase points here.
The usual cost for purchasing points is at $11.50 (USD) per 1000 points, up to maximum of 120,000 points in a calendar year. Under this promotion as long as you purchase minimum 10,000 you’ll receive a 60% bonus, so purchasing the maximum single transaction of 60,000 you’d receive a bonus of 36,000 for a total of 96,000. So under this offer that would work out at $7.19 per 1000 points.
IHG regularly runs promotions offering bonus points for purchases, with the last being 100% for some people in their Mystery Bonus promotion. They do seem to run these at the same time as they release their Points Breaks promotions, which I expect they’ll be one soon offering nights at just 5,000 points per night.
Is the Purchase Points Promotion a Good Deal?
Well it really depends on what value you’d get for your points, but I generally won’t buy points unless I have an immediate use for them. In this case the price is still high for me, I would go for a 100% bonus – not this 60%.
If you are a KrisFlyer member or Enrich member this promotion does not enable you to buy cheaper miles than either through Starwood SPG for KrisFlyer members or through Malaysia Airlines for Enrich members.
You can find the IHG Purchase points site here: IHG Buy/Purchase Points Promotion 60% Bonus Until August 18th 2014