Free points?

Ok, that’s a 1st. Booked P+C rate last week for June, sweet spot was effectively buying 50K points for $280 USD, paid on my Wise debit. Hold has been sitting on the money since then.

Just got notification that the $280 wasn’t taken by IHG and has been returned to me. Res is confirmed, so what happens… do I get a very cheap stay?

$245/night for 15k… I’m not complaining. Nearly as good as the 5 nights free at IC Baku last year when they refunded the points twice after I rebooked my stay at a lower rate