IHG One Rewards is running a Cyber Monday promotion that dramatically increases earning potential for hotel stays booked by tomorrow. The offer provides 5x bonus points on all new bookings completed before the end of 2024, potentially stacking with existing elite benefits and co-branded credit card bonuses for a combined earning rate of up to 70x points per dollar spent.
Understanding the Promotion
The standard IHG One Rewards program already allows members to earn 10x points per dollar at most properties (5x at Candlewood Suites and Staybridge Suites). Elite status adds further bonuses: Silver (20%), Gold (40%), Platinum (60%), and Diamond (100%). Combining this with the Cyber Monday 5x multiplier, and the 10x bonus from using the IHG One Rewards Premier Credit Card, creates an exceptional opportunity to maximize rewards.
Earning Potential Breakdown
Here’s how the math works for different tiers:
- Base Rate (No Status): 5x promotion on a 10x property = 50x points per dollar.
- Diamond Elite + Credit Card: 100% elite bonus + 10x card bonus + 5x promotion on a 10x property = 70x points per dollar.
The value of IHG points is around 0.5 cents each, meaning a 70x earning rate effectively provides a 35% return on spending. This makes it one of the highest earning rates currently available in the hotel loyalty space.
Key Takeaways
This promotion is valuable because it allows rapid accumulation of points for future stays, upgrades, or even transferring to airline partners. However, it’s crucial to book by tomorrow and complete the stay before the end of the year. If you haven’t registered for the underlying 3x promotion, do so immediately to take advantage of the 5x Cyber Monday boost.
In short, IHG’s Cyber Monday offer presents a limited-time chance to earn an outsized return on hotel spending, making it worthwhile for frequent travelers and reward maximizers.
