Today I received an IHG Rewards Club email notifying me I have a targeted offer for 15% discount on the price of points when booking Points & Cash reward nights by Sep 25 for stays completed by Oct 28, 2018.
In past years I have used the IHG Points&Cash discount rate to buy IHG Rewards Club points at the lowest price I find for the year.
This discount rate makes it possible to purchase points for an even lower rate than $5.00 per 1,000 points, the rate when there is an IHG Rewards Club buy points with 100% bonus points promotion.
InterContinental Monterey offers IHG Rewards Club Points & Cash rate to buy 20,000 points for $97. That comes out to $4.85 per 1,000 points.
Since points purchases made for an IHG Rewards Club Points & Cash booking are nonrefundable, reward night cancellation places those points back into your account.
This is a targeted offer.
Check your email or try a sample Points&Cash booking to see if you were targeted for this discount rate.