Update: This offer ends today!
IHG normally sells points directly for 1.15 cents each. And you can transfer points from Chase, but that’s a criminal use of Chase points. Of course there’s a hack to buy their points at .7 cents each but with the current sale you can buy them directly for less than that without jumping through hoops. And that hack requires that you have points to start with.
You can get the lowest rate with this promotion by buying between 50K-60K points and your point purchase will be doubled. So 50K points will actually become 100K points for $575. Or 60K points will become 120K points for $690.
This promotion expires on 09/22.
IHG points never expire.
You can purchase 120K points per member per year, so you can get up to 240K points with this promotion in 2 transactions of 60K each. You can also buy up to 120K points as a gift for the same member that already purchased, so you can get up to 480K points per member from this promotion in total.
IHG runs PointBreaks which allows you to book rooms at rotating hotels for just 5,000 points per night. That’s just $28.75 for a room if you buy points at .575 cents each. Those hotels rotate every couple of months and a new list will be out very shortly.
There are also good values to be had at high-end properties. The highest tier is 50K points.
-An overwater bungalow in Bora Bora can go for as much as $1,000 with tax but costs just 50K points. That’s just $287.50 at .575 cents per point.
-Intercontinental has a heavy presence in French Polynesia with properties on Tahiti and Moorea islands for just 40K points ($230 at .575).
-Bargains can be had for high end Intercontinental hotels in NYC, Hong Kong, Paris, London, etc. thanks to the 50K redemption level.
There are several IHG hotels in Israel:
Holiday Inn Ashkelon: 10K ($57.50 with this promo)
Crowne Plaza Jerusalem: 20K ($115)
Crowne Plaza Dead Sea: 30K ($172.50)
Crowne Plaza Eilat: 30K ($172.50)
Crowne Plaza Haifa: 30K ($172.50)
Crowne Plaza Tel Aviv Beach: 30K ($172.50)
Hotel Indigo Tel Aviv Diamond District: 30K ($172.50)
Crowne Plaza Tel Aviv City Center: 30K ($172.50)
InterContinental David Tel Aviv: 40K ($230)
Are you a buyer at this price?