Update: The IHG bonus offer ends tonight!
Originally posted on 06/16:
-IHG: Get 100% bonus points through 06/30.
120,000 points would cost $690 (0.575 cents per point).
-Hilton: Get 100% bonus points through 06/17.
160,000 points would cost $800 (0.5 cents per point).
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 26K-60K points and your point purchase will be doubled. 26K points will become 52K points for $299. 50K points will become 100K points for $575. Or 60K points will become 120K points for $690.
This promotion expires on 06/30.
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)
Hilton normally sells points for 1 cent each, which drops to half a cent with this promotion.
As far as the potential value, take the Waldorf Astoria Jerusalem, probably the nicest hotel in the entire country. A 5 night stay from October 11-16 for example would run $620/night (plus 18% VAT for locals). However it’s just 64K points per night with a 5 night stay or 80K points per night without a 5 night stay.
When buying points for 0.5 cents each that’s just $320 per night on a 5 night stay or $400 per night without a 5 night stay.
Need the full 320K points for a 5 night stay? Just open 2 Hilton accounts in your name, purchase 160K points in each, and then merge the accounts via this link.