If you have the IHG® Rewards Club Credit Card you can get a free 500 points by adding the card to your Rewards Club profile by October 31, 2015.
Rewards Club is the loyalty program of the Intercontinental Hotel Groups, which owns the Holiday Inn, Staybridge Suites, Candlewood Suites, Crowne Plaza and Hotel Indigo brands, among others.
Just by owning the credit card you get Platinum status with IHG, though it’s not worth a whole lot – but can be used for status-matching to competing hotels. Best of all, the credit card gives you one free night per year at any IHG brand hotel, including their top-level Intercontinental hotels, all for a low annual fee of just $49. And the fee is even waived the first year! The card earns 5 points per dollar at IHG hotels and 2 points per dollar at gas stations, grocery stores and restaurants. So the card pays for itself.
IHG hotels do have a large world-wide footprint with over 4500 properties. If you want to apply for the card, check out this blog post from The Frequent Miler on how to get an 80K sign-up bonus AND a $50 statement credit.
IHG, the company behind Intercontinental Hotels and Holiday Inn, has announced that they’re adding a new top tier loyalty level that will be the next step above Platinum. Platinum has been fantastically easy to achieve because you can “earn” it just by holding the Chase IHG MasterCard, although you can also earn it the hard way, by staying 50 nights or earning 60,000 points via hotel stays. The IHG MasterCard has possibly the lowest annual fee of any status-earning credit card at only $49 per year. Paying the annual fee also entitles the card holder to a free night at any IHG hotel.
But now a new tier has been added though we don’t yet know its name. Check out the graphic from the IHG website – it’s just called New Membership Level:
If you get Platinum status the hard way, the good news is that it’ll be easier to attain, requiring only 40 nights or 40,000 points through hotel stays. The new level requires 75 nights or 75,000 points earned at an IHG hotel. Platinum members get a 50% bonus on points for paid stays while the new level members will get a 100% bonus on points earned. They’ll also receive an annual 25,000 point bonus or they can choose to gift Platinum status to a friend or family member.
Another change is that points will now expire after 12 months of inactivity in your account. To get around that you can transfer in points from Ultimate Rewards. As a general rule I’d transfer as few UR points as allowed as URs are much more valuable than IHG points.
And on May 1st IHG will be reclassifying some 450 properties, though they claim that less than 300 will be increasing by 5000 – 10,000 points per night while 150 properties will decrease by 5000 points.
I typically don’t stay at IHG properties though in the last four months I have stayed at two different hotels. My Platinum status didn’t help at all at a Candlewood Suites but it got me an excellent free breakfast buffet at a Crowne Plaza.
The IHG website does state that all stays in 2015 will count towards the new level, so if you often stay at IHG properties, maybe this will be a benefit to you. As long as I still get breakfast and wifi I’ll hang on to the credit card just for the free night. Once any of those benefits goes away I’ll have to re-evaluate.
HT: Frequent Miler
Tags: IHG, IHG Hotels
Now through December 23 you can get a 100% bonus on purchased IHG points. These points are good at all brands of the Intercontinental Hotel Group which includes: Intercontinental Hotels, Holiday Inn, Holiday Inn Express, Hualuxe, Crowne Plaza, Hotel Indigo, Staybridge Suites, Even Hotels and Candlewood Suites.
The pricing structure is staggered so that the more points you buy, the cheaper they are per point:
1,000 – 10,000 points for $13.50 per 1,000 base points (.675 cents per point)
11,000 – 25,000 points for $12.50 per 1,000 base points (.625 cents per point)
26,000 – 60,000 points for $11.50 per 1,000 base points (.575 cents per point)
Note that the 1000 points above are the base points. So for $13.50 you’d actually get 2000 points when the bonus is included.
You may purchase a max of 120,000 points per year and receive a max of 120,000 points per year. So this can be half of your annual total.
But is it a good deal? As always, let’s check The Points Guy and One Mile At A Time for their current valuations. Brian (TPG) values them at 0.7 cents apiece while Ben (OMAAT) values them at 0.5 cents apiece. Here we see the points fall right in the middle of this range, so it’s not a bad deal, especially if you need to top off your account for you next award.
Note that these purchases are processed by points.com so that if you were to use your IHG credit card for the purchase, it would not count as hotel spend.
Categories: Hotel, IHG