The Sale and Its Clocks
IHG One Rewards is selling points with a 100 percent bonus through October 5, 2026. A single transaction of 5,000 points or more triggers the bonus. The terms reproduced by Points with a Crew cap a member's purchases at 150,000 points during the promotional period, and the cap depends on how many points the member has already bought in the same calendar year.
What a Point Costs
The published base rate runs from $11.50 to $13.50 per 1,000 points with tax, which is 1.15 to 1.35 cents a point. The review's worked example prices $1,000 at 200,000 points, which is 0.50 cents a point. The same review values an IHG point at about half a penny on redemption.
Points bought at 0.50 cents sit level with that redemption value. Points bought at the 1.35-cent base rate cost 2.7 times it.
What the Desk Can Pull Before the Window Closes
The purchase happens inside a member's own account, and the figure shown there is the figure that applies. A revenue desk can pull three things before October 5: the property's loyalty-channel share for the same weeks of 2026, the award-night pace against the cash pace for the dates a balance would cover, and the rate plans loaded for those dates.
A purchase lands in a balance that can be spent on an award night at a property. IHG counts more than 6,000 properties worldwide.
The Card Benefit on Award Stays
Three IHG co-brand cards carry a fourth-night-free benefit on award stays of four nights or more. The IHG One Rewards Premier carries 140,000 points after $3,000 in spending, the Premier Business carries 140,000 points after $4,000 with a $99 annual fee, and the Traveler carries 80,000 points after $2,000.
The benefit takes one night off a four-night award booking, and the review lists it as a way to stretch a balance.
Before the Window Closes
Price the nights a member wants at the cash rate, then compare the points cost at 0.50 cents a point. A purchase against a named stay can pass that test. A speculative purchase fails it.