I have been following a developing opportunity to earn lots of IHG points over the last two months. At first, I wasn't sure if it would pan out, but now that I have started receiving my points, I want to share this awesome opportunity with my readers! Second, a friend recently asked me to recommend a credit card sign-up that had a low minimum spend requirement and I think the IHG card is a perfect fit. In this post, I'll discuss how combining both of these opportunities can result in thousands of dollars in free hotels like the one one that grants you that beach access above!
The current credit card offer & why it's so great
The IHG credit card issued by Chase is one of the few no-brainer cards to get and keep year-after-year. It comes with 60,000 points after spending just $1,000 in the first 3 months and the first-year fee is waived. If you do a dummy-booking on their website, you can usually also generate the same offer, but with an additional $50 statement credit. To save you time, I am including a link to the landing page for that offer here; it should look like the image below.
That means, in the first year they give you 60,000 points and $50 profit for free! After the first year, you pay a $49 annual fee, but in return you get a free night at any IHG hotel. Since Intercontinental, Crown Plaza, Hotel Indigo, and Holiday Inns are all part of the IHG network, there are lots of hotels out there that go for $300-$600 per night. That $49 fee is well worth it!
Additionally, the card also comes with IHG Platinum Elite Status. I have been upgraded to suites several times since receiving this status. It's really fun to show up expecting a basic room and then get a bigger room with a jacuzzi inside!
A Limited-Time Offer to supercharge your IHG rewards account
Right now, you can add at least 47,500 points to your account by participating in a sweepstakes that runs through mid-February. Rather than try to explain this myself, I'll direct you to one of my favorite bloggers to share the details on the Priceless Surprises Promotion. The basic idea is that you send in 94 sweepstakes entries that earn a minimum of 500 points each.
You will spend between $50-60 and 4-5hrs to send in these entries, but if you sign up for the credit card with the $50 statement credit, participating in this sweepstakes is basically covered by that credit. I am on pace to earn about 50,000 points from this offer, and since Johanna is taking part as well, we should double that!
If you have questions about this sweepstakes promotion, ask away in the comment section below! I have been studying this thing as it has developed and have it pretty-well figured out at this point.
The Bottom Line
I value IHG points at between 0.5-1 cent-per-point, so let's take a look at what a couple could earn in hotel stays by combining these two great deals for a really good redemption:
- 2X60,000 signup bonus points + 2X50,000 sweepstakes points = 220,000 IHG points
- 220,000 IHG points X 1 cent-per-point = $2,200 in IHG hotel stays
You're probably wondering what 220,000 points looks like in hotel-form, so I'll provide an example. When Johanna and I go to New Zealand, we plan to hit Fiji on the way back. For 210,000 IHG points, we'd be able to spend 7 nights at the Intercontinental Fiji Golf Resort & Spa, which is the little spot on the beach pictured at the top of this post. This is just one of many options available to you with IHG points.
Would you move your everyday spend to a new credit card for a few months and spend 4-5 hours filling out entry forms for up to $2,200 in free hotels? The real question is, why haven't you done this already?