Re below I'm referring to IHG closing accounts for the 'trick' as highlighted above and buying in points at $70 for 10,000 points.
Originally Posted by
torcross
Just curious, if IHG does close accounts for this could this also be fraud for allowing a person to use this system and then in their opinion and their only they close the account and I take it you do not get a refund of the points purchased. So you could end up $70 out of pocket for every 10,000 points purchased and have nothing to show for it.
Nothing in the T&C's to say you can't do it other than the rather ambiguous 'we can do what we want'.
This does not sound right, as you would be losing hard cash, just glad I gave up on IHG some time ago.
Further to this, T&C's clearly state that you can purchase up to $280 a day, see below, so no way should they be terminating customers accounts for this reason only (unless of course they were 'buying' more than this in a day')
IHG® Rewards Club "Points & Cash" is an option for obtaining a Reward Night. You may choose to redeem IHG® Rewards Club points for a Reward Night in three ways: using your existing points for all required points for the desired Reward Night; using your existing points and 5,000 points purchased for $40USD to total the required points; or using your existing points and 10,000 points purchased for $70USD to total the required points. The total purchase on any single day may not exceed $280USD. Points & Cash Reward Nights may only be redeemed online at
www.ihgrewardsclub.com. Point purchase amounts are subject to change by IHG® Rewards Club. You must use a valid credit card for points purchase. Upon completion of the points purchase, you agree that the total dollar amount will be immediately charged to the credit card you specified. The cost for the points purchased is non-refundable. If the Reward Night is cancelled in accordance with Reward Nights terms and conditions and with each hotel's cancellation policy, the purchased IHG® Rewards Club points will be re-deposited into your IHG® Rewards Club account. Cash components of this award that are paid in currencies other than U.S. dollars will be adjusted by IHG® Rewards Club, as needed, to reflect the USD equivalent of the non-USD payment at that time. All other Reward Night terms and conditions apply.