IHG One Rewards has launched its first points sale of 2024, which runs from now till 3 February 2024, 12.59 a.m SGT.
During this period, members will receive up to a 100% bonus on points purchases, which reduces the cost per point to 0.5 US cents each. This is the highest bonus we ever see IHG offering, though it happens frequently enough that you shouldn’t feel FOMO.
Buy IHG Rewards points with a 100% bonus
|Buy IHG One Rewards Points
IHG One Rewards members can now buy points with up to a 100% bonus. Do note that different accounts may be targeted for different bonuses, so you’ll need to login and see what offer you have.
A minimum purchase of 5,000 points is required, and a maximum of 150,000 points (pre-bonus) can be purchased during this sale.
IHG One Rewards points never expire for elite members. For entry-level Club members, points will expire after 12 months if you do not earn or redeem at least one point.
What can I do with IHG One Rewards points?
IHG One Rewards does not publish an official award chart, and award nights are priced dynamically based on demand.
This means you should do a search for your preferred dates and destinations and do a cash versus points comparison. A few things to note:
- When you redeem points, you don’t need to pay taxes or fees. Therefore, you should use the post-tax, post-fees cash rate when calculating the value you get per point
- If the difference between cash rates or buying points is marginal, the cash rate would make more sense because it lets you earn IHG points
Some properties which might be of interest include (remember that the prices below may change depending on which date you’re looking at):
- Six Senses Laamu Maldives (100,000 points per night, versus US$1,500 per night)
- InterContinental London Park Lane (120,000 points per night, versus US$820 per night)
- Kimpton Shinjuku Tokyo (79,000 points per night versus US$527 per night)
- InterContinental Hotels Osaka (87,000 points per night versus US$547 per night)
Don’t forget that IHG periodically runs discounts on hotel redemptions worldwide, which allow you to stretch your points even further. We recently saw a 15% off sale for Diamond and Platinum Elite members, valid at all IHG properties worldwide.
What card should I use to purchase IHG One Rewards points?
IHG One Rewards points purchases do not code as hotel transactions. Instead, they are processed by in USD by Points.com under MCC 7399 Business Services Not Elsewhere Classified.
Here’s the best cards to maximize the miles earned on your purchase:
|Citi Rewards Card
|Cap of S$1K per s. month
|UOB Visa Signature
|Min S$1K, max S$2K FCY spend per s. month
|Maybank Horizon Visa Signature
|Up to 3.2 mpd^
|Min. S$800 per c. month, no cap
|SCB Visa Infinite
|Min spend S$2K per s. month
|HSBC TravelOne Card
|UOB PRVI Miles
|UOB VI Metal Card
|S. Month= Statement Month | C. Month= Calendar Month
^If your card was approved before 1 November 2023, earn 3.2 mpd till 31 January 2024. If your card was approved from 1 November 2023, earn 3.2 mpd for the approval month + 3 full calendar months. 2.8 mpd subsequently. Read more here.
I personally don’t recommend the DBS Woman’s World Card for Points.com purchases, as MCC 7399 is a problematic MCC for DBS, and many people have reported issues with getting the bonus points properly credited.
IHG One Rewards is offering a 100% bonus on points purchases till 3 February 2024, which reduces the cost per point to 0.5 US cents each.
Buying points can help you save money on hotel stays, but you shouldn’t do so speculatively. IHG’s programme uses dynamic pricing, which means the prices you see now may not be the prices you see a few months down the road.
A 100% bonus is offered every few months, so there’ll definitely be another chance down the road.