IHG One Rewards Summer Promo: Earn Up To 4x Points

A couple of weeks ago, IHG One Rewards revealed the details of its summer 2022 promotion, which has the potential to be pretty lucrative. This is a reminder that the promotion is live for stays as of today, so this offer is worth keeping in mind.

IHG One Rewards global summer 2022 promo

With IHG One Rewards’ new global promotion, members can earn more bonus points the more nights they stay, as follows:

• Earn 2x IHG points for nights 2-5 during the promotion period
• Earn 3x IHG points for nights 6-14 during the promotion period
• Earn 4x IHG points for nights 15+ during the promotion period
• Those with an IHG credit card can earn an additional 3,000 bonus points after every three nights, up to a total of 6,000 bonus points; this includes the IHG® Rewards Premier Credit Card (review), IHG® Rewards Traveler Credit Card (review), and IHG® Rewards Premier Business Credit Card (review)

As you’d expect, there are some details to be aware of:

• The promotion is valid for stays between May 18 and August 31, 2022
• Registration is required between May 4 and August 31, 2022, and prior to an eligible stay
• There is no booking deadline, so nights consumed anytime during the promotion period would be eligible, as long as you register in time
• All paid nights booked directly with IHG qualify for this promotion, as long as the nightly rate is at least $30 (award nights don’t qualify)
• You can earn up to a total of 100,000 IHG bonus points during the promotion period
• Bonus points will post up to six weeks after an eligible stay

How lucrative is this IHG One Rewards promo?

This has the potential to be quite a lucrative promotion, but there are quite a few restriction here:

• You don’t get rewarded for your first night
• You only earn 4x points starting with your 15th night
• You’re capped at earning 100,000 IHG bonus points, which is a limit frequent guests may reach pretty quickly

For what it’s worth, I value IHG points at ~0.5 cents each, and ordinarily IHG One Rewards members earn the following number of points for stays:

• IHG offers 10x points per dollar spent at most brands, and 5x points per dollar spent at Candlewood Suites and Staybridge Suites
• IHG members receive bonus points — Silver members receive a 20% bonus, Gold members receive a 40% bonus, Platinum members receive a 60% bonus, and Diamond members receive a 100% bonus
• If you pay with the IHG^® Rewards Premier Credit Card (review) or IHG® Rewards Premier Business Credit Card (review), you earn 10x IHG bonus points per dollar spent

In other words:

• You earn 10x IHG bonus points for nights 2-5
• You earn 20x IHG bonus points for nights 6-14
• You earn 30x IHG bonus points for nights 15+
• This doesn’t factor in the up to 6,000 bonus points you can earn for being a cardmember

With the cap of 100,000 bonus points through the promotion, you’d potentially reach that cap within a few thousand dollars of spending. For most people that shouldn’t be a major limit, but for those who stay with IHG a lot, that could limit the usefulness of this.

In the past the best we’ve seen from IHG is a 3x bonus points promotion, so a 4x bonus points promotion is awesome. It’s just all the restrictions associated with the offer that potentially limit how much value members will get from this.

Bottom line

IHG One Rewards has today launched its summer 2022 promotion. With this offer, you can earn more bonus points the more nights you stay. You can earn up to 4x points, and on top of that those with a co-branded IHG card can earn up to 6,000 additional bonus points after staying six nights.

This is a solid promotion, especially in light of the general value of the new IHG One Rewards program, whereby elite status is much more valuable than in the past.

What do you make of IHG One Rewards’ new promotion?