IHG Rewards club, much like Hilton Honors, offers reliable, but low-value award program. However, IHG, unlike Hilton, transfers at 1:1 with it’s credit card partner, Chase. After we crunched the numbers, we assigned an ACRV of $0.0044 per IHG Rewards Club point.
Though not particularly valuable as a transfer option, IHG Rewards Club points are quite easy to earn. Stays at most IHG properties will net one 10 ppd spent. This would mean that one is earning a 4.4% reward return, if one was to take our ACRV at face-value. Furthermore, one could pair this with a credit card that earns bonus points on travel, like the Sapphire Reserve. With 3 Ultimate Rewards worth roughly $0.02 each plus 10 IHG points worth $0.0044 each, one would effectively earn a 10.4% rebate on each stay!
Also like Hilton, we’re reducing our usual reduction factor of 25% to 10.
|30 Days Advance Booking ACRV||$0.0038|
|60 Days Advance Booking ACRV||$0.0049|
|30 Days Advance Booking Non-Zero||$0.0048|
|60 Days Advance Booking Non-Zero||$0.0054|
|Overall Non-zero Average||$0.0051|
What the bell curve above tells us, is that one is almost guaranteed to redeem at a rate of ~$0.0049, give or take a 1/10ths of a penny. There is virtually no chance of a high-value award.
Sadly, IHG does blackout some dates. We really hate arbitrary rules like this. Why a hotel would punish a customer otherwise loyal to the brand is beyond us. Even though availability is great, >90%, the one week we couldn’t find availability just irks us.
The table above isn’t very good. The best we could do for the month is a week-long stay at the Intercontinental Toronto Centre. This was available for $1,639.56 or 240,000 points, providing a $0.0068 redemption value.