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Update: The offer mentioned below for the Citi Hilton HHonors Reserve Card has expired. View the current offer here.
The Citi Hilton Reserve card is one of the most lucrative hotel cards out there. The two free weekend night signup bonus (after spending $2,500 within 4 months of account opening) can be super valuable. I used mine at the $1,000+ a night Conrad Maldives, but you can use them at pretty much any Hilton resort that has standard award room availability. In addition to this, Citi is now offering $100 in statement when you spend $100 or more on a Hilton stay within the first 3 months of account opening. You earn 10 Hilton points per dollar spent on Hilton stays and in addition, Hilton is offering double points or airline miles from May 1- July 31, so a summer stay could be pretty lucrative.
Considering you can use these free nights at properties that charge 95,000 HHonors points per night and you get another free night every year you spend $10,000 on the card (another 95,000 point payday) this is one of the most lucrative hotel cards on the market- especially for those who like to stay at high-end, aspirational properties.
Other Key Benefits
Complimentary Hilton Gold status (free breakfast) as long as you have the card open (no spend requirement)
Hilton Diamond status with $40,000 in spend per year
No foreign transaction fees Chip + Signature technology
Visa Signature perks (like luxury hotel program and travel protection)
Even though Hilton devalued their program massively last year, this card is a no-brainer for the two free weekend nights alone, plus this statement credit with a Hilton stay basically wipes out the $95 annual fee for the first year. It is still not even half-way through the year, so if you can swing $10,000 in spend, getting a $750+ in value from that free weekend night is not hard to do. I don’t know how long the $100 statement credit will be around- my contacts have simply said this will be “limited time”. I’ll update as soon as I hear any concrete end-date news, but this is definitely the best offer I’ve ever seen on this card since it was launched in 2012.