Should you buy IHG points with a 100% bonus? (Expires Saturday June 8th)

With over 5,000 IHG properties worldwide, you’re likely to find one that fits your needs when planning your next vacation. And your next vacation might be closer than you think, now that IHG is offering a 100% bonus, now through June 8th (Saturday)? This is a high bonus, just about the the best bonus IHG has ever offered. The deal and information can be accessed here. Let’s examine the math and see if this makes sense.

Normally, IHG points cost between $11.50 and $13.50 to purchase 1,000 points depending on how many points you buy (tax included), for a purchase price of 1.15-1.35 cent per point. That might seem cheap, but remember, IHG points are only worth about half a penny each, so at the normal rate, you’re…