There are tons of ways to earn IHG Points. One such way is buying these Points. It could be a good deal to buy points when there is a bonus offer. Now, you can buy IHG Points and get 80% bonus points. However, this is not the best offer from IHG, as we usually offer a 100% bonus promotion. So, here is everything you need to know about this bonus offer.
Buy IHG Points by 1st Nov 2024 with 100% Bonus
When you buy IHG Points from now until 1 November 2024, you can get 80% bonus points. You must purchase at least 5K IHG Points in a single transaction to qualify for this offer. So, whenever you buy 5K or more points, you will get 80% additional bonus points.
In a year, you can only buy 1.5 Lac IHG Points. So, if you have already exhausted your limit of 1.5 Lac this year, then you can’t buy more points.
Related: Ongoing Buying Points & Miles Offer
How much does it cost to buy IHG Points?
Usually, you can buy 1000 IHG Points for $13.50. However, the cost per point cost reduces as you buy more. The lowest price to buy one IHG point is 1 cent or INR 0.84 without any offer. This offer has no tier; all points purchased above 5K will receive an 80% bonus, which is excellent.
A 100% Bonus will reduce the cost of buying one point to 0.56 cents or INR 0.46.
Points Purchased | Points Received (Inc. 80% Bonus) | Total Cost (USD) | INR Per Point | Cents Per Point |
1000 | 1000 (No Offer) | 13.50 | 1.13 | 1.35 |
5000 | 9000 | 67.50 | 0.63 | 0.75 |
150000 | 270000 | 1500 | 0.46 | 0.56 |
It is good to see the cost coming down to INR 0.46 per point, which is a decent value. Elite Members can surely make the most out of this.
Related: Current IHG Promotions
Things to Know Before You Buy
Here are a few things you should know before buying IHG Points:
- A maximum of 1.5 Lac IHG Points Can be Bought in a Calendar Year.
- Points will be credited within 72 hours from the time of purchase.
- IHG Points expire if there has been no earning or redemption in the past 12 months.
Usually, your spending at IHG is considered “Hotel” spending. However, points purchased transactions will be at points.com and not categorized as “Hotel” spending, so using an Axis Atlas Credit Card will get you two eDGE miles on every INR 100 spent. You can choose an excellent international spending-friendly credit card to complete this transaction.
Are IHG Points Worth Buying?
Everyone has their reason for buying hotel points. I usually don’t buy points unless I’m sure I’ll be using them soon. Also, there could be limited opportunities to use points. Usually, you will use points where the cost to buy points, including after the bonus offer, is lower than the cost of paying for the room.
This Offer allows you to buy IHG Points at INR 0.42 per point. At the same time, I value IHG Points at INR 0.5. Hence, the cost of buying points is lower than the value. For IHG Elite, room upgrades and other benefits can make this offer lucrative. Also, most IHG hotels’ value per point varies between 0.45 and 0.65, with the higher being at some premium properties. IHG has now started offering a 15% discount on award nights at new hotels.
Related: How to find IHG’s Lowest Points Redemption Rate?
Bonus IHG Points Offer on Buying [Past 5]
Here is the past five Bonus Points offer summary on buying IHG Points:
Start Date | End Date | Bonus % Offered | INR Cost Per Point | Cents Per Point |
17th Oct 2024 | 1st Niv 2024 | 80% | 0.46 | 0.56 |
23rd Sep 2024 | 5th Oct 2024 | 100% | 0.42 | 0.50 |
25th Jul 2024 | 7th Sep 2024 | 100% | 0.42 | 0.50 |
8th Jul 2024 | 14th Jul 2024 | 100% | 0.42 | 0.50 |
20th Jun 2024 | 3rd Jul 2024 | 100% | 0.42 | 0.50 |
25th Apr 2024 | 8th Jun 2024 | 80% | 0.46 | 0.56 |
13th Feb 2024 | 7th Mar 2024 | 80% | 0.46 | 0.56 |
Buy & Check for the latest Offer Here.
Bottomline
Buying IHG Points while there are bonus offers is a good deal when you know your stay plans. Since the offer costs IHG 0.46 per point, less than the usual INR 0.5 value per point, buying may make sense. I would, however, advocate for a specific stay plan so you save on your next travel adventure instead of blocking your money for points you might not need.