Why You (Probably) Shouldn’t Buy IHG Points Today

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Update: This offer for the IHG® Rewards Club Premier Credit Card has expired. Learn more about the current offers here.


In mid-February I first wrote about how Daily Getaways will be returning this year. For those of you not familiar, Daily Getaways is a promotion, sponsored by the US Travel Association, which has been offered annually since 2011 to encourage US tourism. The promotion has consisted of all kinds of travel packages, including offers on car rentals, hotel stays, loyalty program points, and theme park admission. Last week I shared a preview of the promotions that are available this year, and this week the promotion formally kicked off.

I’ll be writing about these promotions when I think the deals are worth being aware of. Yesterday there was an opportunity to purchase Choice Privileges points, and today at 1PM ET IHG Rewards Club points are going on sale. There are six types of packages available:

There are almost 10,000 packages available for sale here, and I can’t imagine these will sell out. The rates this year are roughly the same as last year, and that’s despite the fact that IHG has increased award pricing since then. So in general I’d give this promotion a miss.

Typically when IHG sells points directly with a promotion they offer up to a 100% bonus, which would bring down the cost per purchased point to less than this. In those cases it gets even better than that, though. The new IHG® Rewards Club Premier Credit Card was recently introduced, which offers 20% off when you purchase IHG Rewards Club points and pay with your card. That discount only applies when buying points directly from IHG, so that’s another reason to take advantage of IHG promotions directly, and is even less reason to take advantage of this promotion.

The only real reason to buy points through Daily Getaways rather than directly through IHG is if you’re otherwise maxed out on purchasing IHG points, since they limit you to purchasing 60,000 miles per year, pre-bonus. However, I also can’t wrap my head around how it makes sense to purchase IHG points for ~0.6 cents each nowadays without any further discounts or bonuses.

In case you do decide to buy points, Daily Getaways purchases should be coded as travel.

Best cards for Daily Getaways

Does anyone plan on picking up IHG Rewards Club points through this Daily Getaways promotion?

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Comments

  1. Yep. The Managua Holiday Inn Express is about $60 a night, but the taxes are anotherm$25, so it’s $58 through purchased points, or $85 all in to pay.
    There aren’t inexpensive hotels you can get for less, including taxes, where I’d want to stay.
    There’s no taxes on award nights, so it’s a good deal in this case.

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