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Update: Some offers mentioned below are no longer available – Citi Hilton HHonors Visa Signature Card
Now through July 18 (next Monday), you can earn an 80% bonus when you purchase Hilton HHonors points, up to a maximum of 80,000 points. While points usually cost 1 cent apiece, this promotion drops the price down to just 0.556 cents per point.
A few months ago we saw an even higher 100% bonus offer, but there’s no saying when that will come around again. Hilton offered the same 80% bonus promotion last summer, and if you’re considering a stay at any Hilton properties in the near future and are low on points, it’s definitely a great opportunity to stock up. However, it’s worth noting that TPG pegs HHonors points at just 0.5 cents apiece in his latest valuations — that’s slightly lower than the amount you’ll be paying per point even with this promo.
Still, some redemptions can get you more value for your points. For example, a beach villa at the Category 10 Conrad Maldives Rangali Island in late October costs $950 or 95,000 points per night, giving you a value of 1 cent per point.
On the low end, the Category 2 DoubleTree Kuala Lumpur charges $102 or 10,000 points for a free night in early December, which also amounts to a per-point value of about 1 cent. If you’d like to cut out-of-pocket expenses, this could be a good opportunity to purchase points toward a redemption — and with the bonus you wouldn’t need to buy too many to get a few free nights.
Other Earning Options
Of course, buying points isn’t your only option for padding your HHonors account; you can also sign up for one of several co-branded credit cards and earn bonuses. The Citi Hilton HHonors Visa Signature Card (with no annual fee) is currently offering a limited-time sign-up bonus of 75,000 points after you spend $2,000 in the first three months. That’s enough for a free night at a Category 9 property like the Conrad New York, or it can get you quite far if you redeem at a lower-level hotel. There’s also the Hilton HHonors Surpass Card from American Express ($75 annual fee), which is currently offering 75,000 points after you spend $3,000 in the first three months and includes automatic Gold status as a benefit. The Citi Hilton HHonors Reserve Card ($95 annual fee) is also worth considering, as its sign-up offer is for two free weekend nights after you make $2,500 in purchases in the first four months.
If you need to buy some Hilton points to top off your HHonors account for an upcoming redemption, this promotion lets you do so at a decent rate of 0.556 cents per points. It’s probably not worth taking advantage of this limited-time offer unless you need the points for something specific, though, especially since there are other ways to boost your balance.
Featured image courtesy of the DoubleTree Kuala Lumpur.
Will you be taking advantage of this promotion?Citi® Hilton HHonorsTM Visa Signature® Card