Are you wondering if the IHG Rewards Club is the right fit for you? After all, you’re probably already earning points with travel credit cards if a hotel membership is on your mind. With thousands of properties around the world, IHG probably has a location you’ve stayed at already. Holiday Inn, The InterContinental and the Crowne Plaza are all part of IHG’s family.
So if you’re traveling with any of IHG’s brands, the rewards program is worth considering. It’s free to join and offers different perks depending on how many points you earn over the course of a year. But what are those IHG Rewards points actually worth?
How much are IHG points worth?
The exact dollar value of IHG Rewards points will vary, but they are typically valued at $0.005 per point.
This estimate by The Points Guy considers a few important factors, including:
The value of redeeming the points: How much would you normally spend on an equivalent stay if you were paying out of pocket?
How much it costs to buy points: You can buy IHG points at a discounted rate if you don’t have enough earned points to cover a rewards night.
Availability: Unless you reach elite status, there may be blackout date restrictions.
Cancellation/change fees and policies.
IHG Rewards Club members earn 10 points for every dollar spent at its hotels and resorts, except for its extended-stay brands, which earn 5 points per dollar. IHG Rewards Club points values may vary depending on the location and date of your stay, as well as the type of property you stay at.
But how many points do you get per night at IHG? The points you get per night when you stay at an IHG hotel depend on how much you spend on that room, and if you have any bonus benefits from a higher member status.
How do I redeem IHG Rewards points?
IHG reward points can be used for partner deals, although the best way to redeem them is for hotel stays.
So how many IHG points do you need for a free night? Point values will vary based on multiple factors, like room availability and selected dates, on top of the property type. A single rewards night starts as low as 10,000 points.
The more points you earn, the more benefits you can get with an IHG Rewards card. There are three status levels you can attain:
Gold Elite: You can unlock this level by earning 10,000 IHG Rewards points. That’s the equivalent of spending $1,000 at an IHG brand hotel or resort. Perks include late checkout, free Internet with your stay and bonus points earning of 10 percent.
Platinum Elite: You can unlock Platinum Elite status by earning 40,000 rewards points. You can also gain automatic Platinum Elite status as an IHG Premier credit card holder. Platinum status comes with exclusive rate discounts on IHG stays, free room upgrades when available and a dedicated customer service line. Plus, you can earn points towards your next status level even when redeeming rewards nights.
Spire Elite: Spire Elite status is granted after earning 75,000 rewards points or spending $7,500 at IHG hotels and resorts. Spire offers the most bonus points with 100 percent extra earnings—meaning you’ll double your points on all purchases. Plus, you’re guaranteed room availability with sufficient notice.
If you’re already staying at IHG hotels and want to attain these reward levels faster, combining your rewards club membership with a hotel credit card can give you a boost. The IHG Premier and Traveler credit cards both earn additional points per dollar spent at IHG brands and can stack points towards status levels.
What are the restrictions?
Some may wonder: Do IHG Rewards expire? The answer depends on how often you earn and use points. As long as you have some account activity within a 12-month period, your points are good. However, points will expire after long-term inactivity.
How do IHG points compare to other hotel rewards programs?
The value of IHG Rewards points is a little bit lower than other similar hotel rewards programs. Using the same calculation methods, both the Hilton Honors and Marriott Bonvoy rewards programs offer a higher valuation at $0.06 and $0.08, respectively, according to The Points Guy. Your options for redemption will be about equal, though—Hilton Honors and Marriott Bonvoy both have between 5,000 and 6,000 properties to choose from for redemption and offer a similar range of hotel styles across their partner brands.
Are IHG points worth the membership?
The IHG Rewards program is free, and if you’re already a fan of the many worldwide brands, there’s no harm in joining the membership program. Plus, if you already carry one of IHG’s Rewards credit cards, like the IHG Rewards Club Premier Credit Card or the IHG Rewards Club Traveler Credit Card by Chase, you can earn even more points.
The bottom line
If you stay at IHG hotels more than once a year, it’s worth joining this free program. However, the most value from this membership comes once you can earn bonus points at higher member status levels. IHG Rewards credit card holders can stack points and reach those levels even faster.
Information about the IHG Rewards Club Traveler Credit Card and IHG Rewards Club Premier Credit Card has been collected independently by Bankrate.com. The issuer did not provide the content, nor is it responsible for its accuracy.