IHG Reward Club Spire and Platinum Elite Members Save 15% on Points & Cash Nights!
Expiration Date – March 26, 2016
IHG Reward Club Spire and Platinum Elite members save 15% on Points & Cash stays through April 30, 2016. Simply sign into your IHG account and book by March 26! If you qualify, your discount will show up with the normal Points & Cash price crossed out. All hotels that offer Points & Cash stays are participating except The Venetian® and The Palazzo® hotels in Las Vegas.
As you know from prior trvlvip Perks and Tips, we believe the value of an IHG Rewards Club point is 0.7 cents per point, which is the value we would be willing to pay for IHG Rewards Club points if we could buy them for cash. It is also the minimum value we feel you should expect before redeeming your points.
So you are essentially buying points during this Elite Points & Cash sale for less than we believe they are worth and the more you buy the better the value.
IHG handles Points & Cash award stays in a unique way compared to the other major hotel companies. With a 15% discount here are your options:
If you choose the option to pay 5,000 less rewards points and $34 per night, you are paying 0.68 cents per point
If you choose the option to pay 10,000 less rewards points and $59.50 per night, you are paying 0.59 cents per point
If you choose the option to pay 15,000 less rewards points and $76.50 per night, you are paying 0.51 cents per point
Special note: Your debit or credit card will be charged right away for the $40, $70 or $90 per night depending on the option you choose and if you cancel your stay you will not receive the money you paid per night back in the form of a cash credit, you will instead have 5,000 to 15,000 points for each night of your stay credited to your account (depending on the option you chose).
Until March 26, Spire and Platinum members have an opportunity to enjoy a 15% discount on Points & Cash nights for stays through April 30, 2016, which results in acquiring points for less than we believe they are worth. This is a very nice Elite perk!
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