Looks like IHG has made the 20% a temporary offer only. I did get it one time on P&C before I had the card, when it was offered to everyone.
Then, with the card last spring, I bought a large amount up to the current maximum -- received nothing. Should have been $120 off.
The Chase site still says it's a benefit for holding the card, doesn't distinguish between the two modes of points purchase.
https://www.chase.com/personal/credi.../premier-perks
IHG just had it as a one week P&C offer only. Not as stated in the credit card offer from April.
Save 20% on Points Purchases
Save at least 20% on points purchases when you pay for those points with your IHG®
Rewards Club Premier or Traveler Credit Cards. Point purchase amounts are subject to change by IHG®
Rewards Club. These points are Non-Qualifying points and do not count towards Elite qualification. Upon completion of the points purchase, you agree that the total dollar amount of the points, minus the discount, will be immediately charged to your credit card. The cost for the points purchased is non-refundable. The 20% discount cannot be combined with any other points purchase offer. Point purchase transactions managed by Points.comOpens Overlay.
https://www.ihg.com/content/us/en/de...ndcash-premier
The email I received Friday "get the most out of your Premier Card" doesn't mention it at all.
If I try to test the 20% through the Points.com portal it tells me "Sorry" -- that I've reached a limit. Thought I read something about them expanding the limit. Not that I'd want to...I get enough from stays, promos, and the occasional P&C discount offer.
And I just realized today that my rollover nights from this year's stays are going to be largely wasted going into 2020. Time to diversify.