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Update: Some offers mentioned below are no longer available. View the current offers here – Citi Hilton HHonors Visa Signature Card

Hilton’s back with another buy-points promo, and this one actually lasts almost a whole month. Now through September 16, you can up to a 50% discount when you buy HHonors points. This isn’t a tiered offer, though; you’ll get a mystery discount when you check your account.

To see which of those discounts you’re eligible for, simply log in here. You’ll be offered a discount of 30%, 40% or 50%.

With the 30% discount, points cost 0.7 cents apiece.

If you luck out and get the 50% discount, you’ll be able to bring the per-point cost down to just 0.5 cents — equal to TPG’s current valuation for HHonors points. With the 30% bonus, you’re looking at a per-point cost of 0.7 cents, and with the 40% offer you’ll be paying 0.6 cents per point.

Especially if you get the 50% discount, this promo could be a good option if you need to stock up on rewards for an upcoming award stay. Recent promos have significantly lowered the cost per point by awarding you bonus rewards — such as the 80% bonus Hilton offered last month — but it’s always better when you can pay the valuation rate (or ideally less) per point.

Other Earning Options

Especially if you don’t have an immediate use for HHonors points in mind, it could be a better option to earn them through a credit card sign-up bonus than through purchasing them outright. Now’s an especially great time to get the Citi Hilton HHonors Visa Signature Card (with no annual fee), as it’s offering 75,000 points after you spend $2,000 in the first three months. This is a limited time offer, so act soon if you’re interested — those points are enough for a free night at a Category 9 hotel, after all!

Another option is the Hilton HHonors Surpass Card from American Express, which is also currently offering a sign-up bonus of 75,000 points — but after you spend $3,000 in the first three months, and with a $75 annual fee and higher bonus category earning rates among other benefits. If you only need a few free nights, you could also consider the Citi Hilton HHonors Reserve Card (with a $95 annual fee), which offers a sign-up bonus of two free weekend nights at participating Hilton hotels after you make $2,500 in purchases within the first four months.

Bottom Line

Buying points usually only makes sense when you have a specific redemption in mind, and while this promo does bring down the per-point cost you’ll pay, your specific mystery discount will determine how good of a deal you get. Still, if you’re on the cusp of reaching the necessary rewards balance for an upcoming redemption, buying them through this promo is definitely a better bet than purchasing them without it.

Featured image courtesy of the Conrad Tokyo.

Will you be taking advantage of this promotion?

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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