Originally Posted by
Smiley90
Buying IHG points isn't worth it even with the 100% bonus IMHO, unless you need a specific amount. say, 120k for 690 USD means you're buying them at 0.575cpp, If they're worth 0.7cpp, that's barely below value - not bad, but not great. and that's only with the 100% bonus. I only got the 50% bonus, so I'd have to buy them at 0.76cpp...... definitely above value
True - buying points anywhere is typically only good value for a top up to get the reservation, and even better value if you can score a rather expensive hotel at a lower redemption rate.
In my case, at the end of the day I paid my $120CAD annual fee in January, and got over $900CAD of value with those 60,000 points - which means a $780CAD value for applying for that card. That's a decent sign up bonus for taking two HPs, wouldn't you say?