IHG is offering a limited time promotion where you can get a 100% bonus when you purchase points now through May 19th. The max amount of points you can purchase is 60k points and you will get a bonus of 60k for a total of 120k points. The rate would be only ~.58 cents per point which is pretty solid.
100% Bonus On IHG Points
- Log into IHG here to view the offer
Buy 5,000 or more IHG® Rewards Club points now and get a 100% bonus. Hurry, offer ends May 19th!
- Offer available for purchases made between 12:00 AM ET May 16, 2017 12:00 AM ET and 11:59 PM May 19, 2017 inclusive.
- Bonus points will be awarded upon completion of the transaction.
- Only purchases made online are eligible for bonus.
If you compare the cost of buying the points to the hotel nightly cost that you are looking to book, this promotion could save you some good money! For example, a few years ago we stayed at the InterContinental Thalasso Bora Bora which for an overwater bungalow can run you $900+ a night. If you can get award availability, you can certainly do better paying with points.