IHG is sending out targeted emails offering Diamond status all the way until December 31, 2026, if you buy 120,000 IHG points. This deal effectively lets you purchase Diamond status for around $800 if you have an IHG credit card that gives you a 20% discount on points purchases. Without the discount, the points would normally cost $1000, which means that you are effectively paying $200 for Diamond status. So, why should you care? Well, IHG Diamond status comes with perks like complimentary upgrades, breakfast, and lounge access. If you have a bunch of IHG stays planned between now and the end of 2026, this could be a worthwhile deal to get a more comfortable hotel experience. Before jumping in, consider whether you'd naturally spend enough on IHG stays to justify the $800 price tag. Also check if you can stack even more rewards by going through a shopping portal that pays out on Points.com purchases to sweeten the deal.