With Kim’s IHG Chase credit card Anniversary Free Night expiring at the end of 2014, I’ve been trying to figure out how we should redeem it.
Each year one Anniversary Free Night is earned on your card’s renewal anniversary. The free night is good for one year and is a relative bargain since all you are paying is the $49 annual fee.
In the recent years we’ve used our Chase free nights in Singapore and Japan. With one night pricing in the $200+ range, this makes keeping the IHG card a great deal and a card that I don’t see myself cancelling.
Since we only have one more trip coming up in 2014 I wasn’t sure what to do with Kim’s free night. We’re not going to fly somewhere just to redeem our free hotel night (although the idea was briefly talked about).
In order for us to consider the Chase Anniversary Free Night a great deal, we have to feel like we are truly coming out ahead.
This could mean for some of you, getting a room with a value of at least $49. However, nobody wants to break even and it’s highly unlikely that any of you would try to find such a cheap room.
So what about a room that goes for $100. Is that a good value for the annual fee? $300?
You get the idea.
With no availability at our final 2014 destination, I started looking into some ideas on how to use the certificate. The key was to still feel like there was some value involved.
I thought maybe a one night stay at a nice hotel in Philadelphia would work or possibly at some other close destination.
Rooms in Philadelphia didn’t seem too appealing nor did other areas within a 2 hour drive.
I then decided to check on spending a night in NYC. (Totally unnecessary but maybe a fun idea).
I plugged in a few dates and saw rooms going for between $200 to mid $300 per night. This might be a good option but then I had a better idea.
Would there be a room available with a Free Anniversary Night in NYC to book for New Years Eve? If so, what would the room be valued at.
I did a search and found availability at one IHG property.
The Hotel Indigo in Chelsea was available on New Years Eve with our Free Anniversary Night.
The Indigo usually goes for something like $250 per night. However, for NYE, our mock booking showed that rooms were selling for (from) $1,999.00!
Talk about an insane amount of money just to stay in a hotel in the city.
We’re not interested in being in New York City for New Years Eve. Being home in Brooklyn is close enough for us. However, this would’ve definitely been an interesting way to use our free night.
Imagine a $49 annual fee getting you a hotel which costs $1,999! Pretty solid return if you ask me.
Feel free to share how you usually spend your Chase Anniversary Free Night?