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One of the best feature of IHG rewards club is Point Breaks.
What are Pointbreaks?
Pointbreaks are reward nights at select IHG hotels for just 5,000 IHG points only. This list of hotels may include a top tier hotel, where a room could cost $500 per night.
Some of the features of Pointbreaks
- Pointbreaks are only valid at select IHG hotels during a specific period(usually 4 months)
- Rooms at Pointbreaks rate (5000 points per night) are capacity controlled (only few rooms available at this rate 5,000 points / night)
- you can only make 2 reservations for the same hotel at Pointbreaks rates
- Pointbreaks hotel may be removed from the list at any time.
Please follow this link to see the list of Pointbreaks for the current period through February 28. 2015. IHG is expected to release the next set of Pointbreaks on Feb 24,2015 and will be bookable from Feb 25, 2015. Stay tuned …...
Starting Feb 25, 2015 you can book the next Pointbreaks for just 5,000 points.
How to get started?
The first step to take advantage of this promotion is to become IHG Rewards club member. Once you signup, you need to a minimum of 5,000 to book the Pointbreaks.
What if you do not have any Points?
If you are new IHG rewards club member, It is possible that you do not have any point balance in your account. so the general question is how to get these points.
To take advantage of this promotion all you need is 5000 points, after that you can buy as many points as you like at $35 for 5,000 points.
Step 1: Add 5000 points to the account.
If you already have more than 5000 points in your account, you can move to step 2. There are many ways to get IHG points.
a. Buy 5,000 IHG points at $13.50 for every 1000 points, which means it will cost you $67.50 for 5,000 IHG points
b. If you have Chase Sapphire Preferred or Chase Ink Plus Credit card, you can transfer 5,000 ultimate rewards points to IHG Rewards Club
c. If you have an upcoming hotel stay, you may stay at a IHG hotel and book a bonus point package. sometimes you can find a 5000 bonus points package for just $10.
Step 2: Make a dummy award booking (Make sure to check the cancellation policy)
Once you have 5,000 points or more in your account, search for hotels that offers rewards nights for 15,000 points. IHG offers points and cash booking, you can book a 15,000 points reward night for 5,000 points + $70. per the terms and conditions, you are buying 10,000 points for $70.
It is important to book the dummy award bookings that are refundable, so make sure to book as far as possible so these bookings are refundable.
Step 3: Cancel the dummy award booking
Per the T&C’s, the points purchase (10,000 points for $70 is non refundable). so when you cancel this award booking, you would not get $70, but 10,000 points to your IHG account.
Now login in back to your IHG account, open the dummy award booking you just made under “Upcoming reservations” and cancel the reservation. When you cancel, your account will have 15,000 points instead of 5,000 points you started with.
As you may notice in the above picture, (from the bottom) the first entry is buying 10,000 points for $70, second entry is redeeming a reward night for 15,000 points and the third entry is the reversal of the 15,000 points after cancellation.
You can use this method as many times as you like, to generate IHG points at 0.7 cents a piece. Since the Pointbreaks are only 5,000 points per night, it essentially means you are getting a room for $35.
However, you can apply for the IHG rewards club credit card and earn 70,000 points which is enough for 14 nights at Pointbreaks hotels. Always ensure that your account has 5000 points or more to take advantage of Pointbreaks or any award night sale, since you can generate as many IHG points as you like using this method.
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Editorial Note: Opinions, analysis and any calculations shown are authors alone. Information in this post is not reviewed, approved and endorsed by any airlines, frequent flyer programs or financial institutions.