As a frequent consumer of the IHG One Rewards program, I feared the worst when this system moved to dynamic award pricing in 2020. However though a number of the most costly IHG resorts and resorts usually price considerably extra factors now than earlier than dynamic pricing, I am nonetheless discovering it straightforward to get glorious worth when redeeming IHG factors.
Fortunately, IHG periodically affords purchase factors promotions that permit loyalists enhance their account steadiness. The perfect one — a 100% bonus promotion — sometimes seems a number of occasions every year. Throughout 100% bonus promotions, you should buy IHG One Rewards factors for simply 0.5 cents per level — considerably decrease than the redemption price I commonly get when redeeming IHG factors.
IHG’s 100% bonus purchase factors promotion is again via Oct. 9, 2023. So, let’s take a more in-depth have a look at this IHG purchase factors promotion and whether or not you must think about it.
IHG purchase factors sale particulars
IHG’s present purchase factors sale affords members a 100% bonus once they purchase a minimum of 40,000 IHG factors via Oct. 9, 2023.
You possibly can solely buy 150,000 IHG factors per calendar yr. Nevertheless, if you buy 150,000 factors for $1,500 throughout this sale, you may get a complete of 300,000 factors.
Notice that time purchases are nonrefundable, and it could take as much as 72 hours for bought factors to look in your account. You should buy IHG factors by going to IHG’s purchase factors web page and logging in.
Associated: The 19 finest IHG resorts on this planet
Ought to I purchase IHG One Rewards factors now?
My husband and I usually purchase the utmost variety of IHG factors every year throughout 100% bonus purchase factors promotions. In any case, IHG purchase factors promotions do not get higher than 0.5 cents per level, and we are able to simply get greater than 0.5 cents per level when redeeming IHG factors.
In actual fact, you may get a considerably greater redemption price on many stays for those who make the most of the fourth-night reward perk that successfully helps you to pay zero factors for each fourth night time if you redeem IHG factors (obtainable to these with the IHG One Rewards Premier Credit score Card, IHG One Rewards Traveler Credit score Card or IHG One Rewards Premier Enterprise Credit score Card).
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Plus, most IHG award bookings are versatile till shortly earlier than your arrival date. So, you should buy IHG One Rewards factors now and snag low award charges for upcoming journeys with out a lot threat.
Nevertheless, do not forget that IHG makes use of dynamic award pricing. So, though we’re nonetheless seeing the constructive facet of dynamic award pricing with low award night time charges in lots of areas and the flexibility to get nicely over 0.5 cents per level on many redemptions, IHG may determine to vary its award pricing algorithm at any time.
Associated: Find out how to maximize redemptions with the IHG One Rewards program
Ceaselessly requested questions on shopping for IHG One Rewards factors
You’ll have different questions on shopping for IHG One Rewards factors. Listed below are a number of the commonest:
How else can I earn IHG One Rewards factors?
This purchase factors promotion is not the one technique to earn IHG One Rewards factors.
For instance, you would join an IHG bank card. My private favourite is the IHG One Rewards Premier Credit score Card. On prime of a stable welcome bonus, it additionally offers automated Platinum Elite standing, an anniversary night time price as much as 40,000 factors every year and entry to the beforehand talked about fourth-night reward once I redeem IHG factors for stays of 4 nights or longer.
You may also switch Chase Final Rewards factors to IHG One Rewards. Nevertheless, I do not advocate doing this since you may sometimes discover extra worth when transferring Final Rewards factors to different applications.
Bilt Rewards factors additionally switch to IHG One Rewards. Nonetheless, you may normally get a greater worth out of your Bilt Rewards when transferring to a higher-value accomplice like American Airways AAdvantage or World of Hyatt.
Associated: 7 methods to earn extra IHG One Rewards factors on your subsequent redemption
How a lot does it price to purchase IHG One Rewards factors?
Members should buy IHG factors for as little as 0.5 cents per level via Oct. 9, 2023. You could pay between 1 cent and 1.35 cents per IHG level when there is not a purchase factors promotion.
Which bank card ought to I take advantage of to purchase IHG factors?
If 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 prime journey rewards bank cards. So, you may wish to use probably the greatest playing cards for on a regular basis spending to earn bonus factors in your buy.
Associated: The perfect bank cards for purchasing factors and miles
Backside line
When IHG One Rewards affords a 100% purchase factors promotion, it is time to think about whether or not you want extra IHG factors for upcoming journeys. However since IHG makes use of dynamic pricing, shopping for factors may be dangerous for those who aren’t assured you may go on the award journey you e-book with the factors you have bought.
