Only a Few More Days to Book an IHG Hotel on a Cash + Points Stay at a Discount


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Back in January, IHG announced a promotion for those that are an IHG credit card holder to receive a 15% discount on the cash portion of a “Points + Cash” reservationWhile this is valid for reservations through March 31st, you MUST actually book your stay by February 12, 2017.

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While a 15% discount on the cash portion is great, keep in mind you also receive a 10% rebate on the points portion since it is one of the everyday perks of being a card holder. So let’s say you are looking to make a reservation that requires 20,000 points and $125 cash, that will ultimately only cost you 18,000 points and $106.25.

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With this particular promotion, you can actually “buy” the points for even less. There is essentially a roundabout method to purchasing IHG points at a fixed .7 cents per point. Read more about this here. When you make a “Cash & Points” reservation, if you need to cancel it, you will not receive the cash back to your credit card, but instead a fixed value of points back to your account. Typically, most times the points you receive equal a fixed .7 cents per point. Although there are many hotels and cash + point options that can actually give you closer to a .6 cents per point “purchase,” like the example above. 

In this example above, if you book the “20,000 Points + $106.25” option, if you need to cancel, you’ll get back 20,000 points, which is the difference of the amount of points you paid vs. if you used all points (40,000 points). In this scenario, you are ultimately then “buying” 20,000 points for $106.25, which means every point is costing you .53 cents per point.

Editorial Disclosure: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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SteveH
SteveH
7 years ago

I don’t think your post is quite accurate. When booking a points + cash rate, you are essentially booking completely with points so your card holder 10% rebate is actually on the full point rate for the room…not just the portion of points you used.

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