Originally Posted by
anonymous4a
Yes,
It may be a cheap way to book a room. But the cost is out of date.
At 10,000 points, you are buying them at $.007 a point. So the measure is $105.00 for a 15,000 point hotel, $175 for a 25,000 point hotel, and so on.
Remember a few other things.
On the plus side,
A free night is a free night. There should be no additional sales taxes. So in Canada, you avoid the 13% HST.
On the minus side,
You get no points. Right now, with the huge bonuses, the unearned points you would not harvest will likely make up for paying for the stay.
Finally, always keep a balance of 5,000 points in your account so you can take advantage of this "deal". It's not a "trick", as some may suggest.
IGH would not allow this "trick" to exist if it was not profitable. Look for price anomalies, particularly in popular destinations and exchange rates.
It may work to your advantage.