As do most hotel loyalty programs, InterContinental Hotels Group’s IHG Rewards Club allows members to combine rewards points and cash to pay for their stays.

For a limited time, there’s a 15 percent discount on the cash part of the Points & Cash price, making decent deals good ones, and good deals even better.

Offer Details

Through February 12, IHG Rewards members who hold an IHG Rewards Club credit card can save 15 percent on the cash portion of their Points & Cash bookings, for stays through March 31.

The discount applies to bookings at all hotels in the IHG network except The Venetian and The Palazzo in Las Vegas.

Deal or No Deal

The credit card requirement limits this promotion’s applicability to established or potential IHG loyalists only. If you don’t already have the IHG Rewards credit card, this offer isn’t reason enough to apply for one.

On the other hand, if you’re invested in the IHG network and program, the offer is icing on the cake. Depending on the particular hotel, and the number of points and amount of the cash surcharge, a discount on Points & Cash stays can represent solid value.

After 20 years working in the travel industry, and almost that long writing about it, Tim Winship knows a thing or two about travel. Follow him on Twitter @twinship.

This article first appeared on SmarterTravel.com, where Tim is Editor-at-Large.