Update, 11:15am: This is now dead in most cities, though it’s still working in select cities.
IHG is having an unpublished award sale with bargains on hotels worldwide, such as many Intercontinental properties that normally go for 80K-120K points per night now pricing around 40K points per night. These have come and gone very quickly before, so as long as the cancellation policy for your hotel looks good, book it now and figure out if it will work out later.
For example many Intercontinental properties are pricing at just 40K points per night! Plus, if you have an IHG Traveler Card, IHG Premier Card or IHG Premier Business Card you’ll get every 4th night free. Grandfathered IHG Select cardholders also get 10% off award rates.
You can purchase IHG points here with a 75% purchase bonus, so points will cost as low as 0.57 cents each, though points don’t post instantly. That’s just $228 for a 40K hotel night or $171 with a 4 night stay if you’re a cardholder. Some of these hotels can go for up to $800/night after tax, making this a bargain!
You can also transfer points from Chase, but that transfer also isn’t instant and isn’t a good value considering the price that points are sold for.
Which hotels will you book?
HT: mileagejunkie via LoyaltyLobby