Stay 2 consecutive weekend nights at an Intercontinental Hotel Group property between now and August 31 and receive a $75 prepaid card. You must register before your stay at http://www.ihg.com/get75.
This makes an interesting value proposition for me since I have two nights booked at the Holiday Inn Milwaukee Airport for May 28-30 on Pointbreak nights, which comes out to 9000 points for both days once I factor in my 10% rebate for having the Priority Club Visa. The going rate is $76.99+tax per night, and with Platinum status and the PC Visa bonus, I get 18 PC points per dollar. If I value PC points at 0.6 cents per point, that makes the Pointbreak option and paying for the nights almost even (the paid nights will be about $20 more). Not that an upgrade is guaranteed, but on a reward night, I can be assured that it won’t happen. So do I cancel the Pointbreak stay and go with the advance purchase rate? I don’t have any other stays before August 31 planned, so I won’t be losing out on a potential future rebate.