IHG Cardmembers: 15% Discount on IHG Points + Cash

IHG Points and Cash Discount

A new cardmember offer gives IHG credit card holders a 15% discount on the cash portion of a points + cash booking for reservations made by February 12th, 2017 and stays through March 31, 2017.  This promotion stacks with the 10% points rebate already given to card members on all points or points + cash stays.  For example, a 25,000 point hotel could be booked for 15,000 points + $59.50 before the 1500 points are rebated, for a net cost of 13,500 + $59.50. On the the other end, one could book for 10,000 points + $84.15 and effectively buy IHG points at a rate of $0.0561 per point. Some bookings bring the cost lower yet to $0.0531. Read more about it and see the terms here.

IHG points and cash example

HT: Loyalty Traveler

About Nick Reyes

Nick Reyes is a (fairly) regular guy with an animalistic passion for maximizing the value of miles and money to travel the world in comfort and style. There is little in life that he loves more than finding a fantastic deal and helping you shop smarter & harder to achieve your travel dreams.

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Make your move on these Last Chance Deals before it's too late - Frequent MilerIt’s not too late – Deals still alive as of 01/29/2017 - Frequent MilerIHG Cardmember Discount, 15% Off Points + Cash Bookings - Miles to MemoriesiahphxElias Recent comment authors

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Kathy (Will Run For Miles)
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you’re missing another big benefit to this promotion.

Elias
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Elias

LOL I see what you mean

iahphx
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iahphx

I don’t understand the above comments, but I do know you could book and then cancel the reservation — keeping the points and effectively “buying them” at a discounted rate. If you cancel, though, I don’t think you get the 10% in points rebated, right?

This blog has identified an IHG property near Chicago that seems to be a little cheaper in “selling” points. With the extra 15%, I get to just over 50 cents a point. Can anyone get it cheaper (or otherwise decipher the above comments?).

http://www.travelbeet.com/extreme-savings-ihg-cash-points/

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[…] IHG Cardmembers: 15% Discount on IHG Points + Cash […]

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[…] IHG Cardmembers: 15% Discount on IHG Points + Cash — Today is your last chance to effectively buy IHG points at a decent discount — just over half a penny a point.  IHG isn’t my favorite program, but I inevitably find myself in a situation a few times a year where my preferred options aren’t available and IHG points come in handy. I’ll probably grab a few. […]