Points earning in Euros?
I've had multiple stays at a particular property in Spain over the past 6 months and just noticed that I have been earning 10 points per euro instead of per converted dollar. Has the policy changed, or am I being short-changed by this hotel?
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Double check VAT. After VAT is deducted, it might be 10 points per dollar. I'm not aware of any policy change.
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Originally Posted by srodr
(Post 29402757)
I've had multiple stays at a particular property in Spain over the past 6 months and just noticed that I have been earning 10 points per euro instead of per converted dollar. Has the policy changed, or am I being short-changed by this hotel?
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Originally Posted by Flying Lawyer
(Post 29403947)
Spanish rates are inclusive of VAT
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Taxes would explain it
Looking at a hotel in Madrid for example, rate includes 10% VAT Exchange rate for EUR-USD according to xe.com is 1.226 EUR1.00 inc VAT = EUR0.91 exclusivg of tax EUR0.91 = $1.12 so should be earning about 11 points per Euro I suspect that the exchange rate used by IHG isnt quite as good as xe is listing so would be slightly lower |
IHG definitely is having a problem converting currencies to Qualified Spending, maybe not with EUR but with several other currencies
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Originally Posted by Dave Noble
(Post 29404213)
so should be earning about 11 points per Euro
I suspect that the exchange rate used by IHG isnt quite as good as xe is listing so would be slightly lower The IHG system has a habit of taking tax off the ex tax amount, I see this at most hotels I stay at, cannot be bothered chasing up such a fundamental error for the return involved. |
Originally Posted by :D!
(Post 29404186)
But IHG points earning is exclusive of taxes.
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Originally Posted by Flying Lawyer
(Post 29411026)
this, my dear, is the reason for his impression that he gets not enough points. The rate he sees contains a certain tax portion which does not earn points. |
Originally Posted by The Mileage Millionaire
(Post 30143262)
Partly wrong. The IHG website clearly shows the qualified amount with taxes incorrectly removed (should be 10% VAT I believe, but some other random amount is removed instead), converts from EUR to USD, and then only gives 10 points per EUR not USD. The whole thing is a mess.
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Originally Posted by The Mileage Millionaire
(Post 30143262)
Partly wrong. The IHG website clearly shows the qualified amount with taxes incorrectly removed (should be 10% VAT I believe, but some other random amount is removed instead), converts from EUR to USD, and then only gives 10 points per EUR not USD. The whole thing is a mess.
Took a 30 min phone call, but IHG got it straightened out and added adjusted credits. Considering it was about a 35k point difference, it was worth the time to chase in this instance. |
Sample of maily European ICs.
Most stays posted correctly. In some cases I even got the points on the VAT part. |
I just checked reviewed how IHG stays in EUR countries posted, and every single stay posted incorrectly.
The online bill for example states that the total qualified spending was: EUR 215.34 (USD $249.32), but the basepoints are 2,154. I assume that what is listed as total qualified spending, is actually qualifying, without additionally having to deduct VAT. Even assuming the VAT discrepancy, it would still be incorrect, so i assume it simply takes the EUR value to incorrectly calculate basepoints. |
Originally Posted by r0me0
(Post 30608850)
I just checked reviewed how IHG stays in EUR countries posted, and every single stay posted incorrectly.
The online bill for example states that the total qualified spending was: EUR 215.34 (USD $249.32), but the basepoints are 2,154. I assume that what is listed as total qualified spending, is actually qualifying, without additionally having to deduct VAT. Even assuming the VAT discrepancy, it would still be incorrect, so i assume it simply takes the EUR value to incorrectly calculate basepoints. |
Originally Posted by sharps1337
(Post 30608883)
The online display is showing this in a wrong way. I experienced that the first value that shows "EUR" is actually the USD value (excl. taxes) and correctly used as a basis for points. So the calculation is correct but displayed completely wrong.
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