Update: Usually it’s 0.4¢ per point. $5 is 1300 points, $10 is 2500 points, $20 is 5000 points
IHG is testing pay with points, this will let IHG Rewards Club members redeem IHG points for purchases in hotel (e.g food, drink and spa treatments). It will cost 200 points to redeem for $1, and partial redemptions will not be allowed (e.g $1.5 would cost 400 points). Currently it’s only available at a few select hotels. If it was just a flat 0.5¢ per point then this would be great value, but because of the breakage of having to redeem in flat $1 increments it’s less useful for small purchases.
Hat tip to DDG
