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While the Hilton Honors program does have some valuable perks, especially for elites, that you could take advantage of, its Honors points aren’t the most useful or most rewarding. There are currently two promotions on offer from Hilton, but they’re not all that great, unfortunately.

The first promotion is offering is up to an 80% bonus when you purchase points through December 29, 2017. Here’s how the bonus breaks down based on how much you spend:

  • If you purchase 10,000-19,000 points, you’ll get a 60% bonus
  • If you purchase 20,000-80,000 points, you’ll get an 80% bonus

You must purchase points in increments of 1,000. In addition, you won’t get a bonus until you’ve purchased at least 10,000 points. With the 80% bonus, you’re purchasing points at a price of about 0.56 cents apiece, so you’d be paying slightly less than TPG’s most recent valuation of 0.6 cents apiece. So, you’re getting a total of 0.04 cents per point in savings by maxing out this promotion. Of course, if you have a specific redemption in mind, a minuscule bonus is better than no bonus at all.

You can purchase up to 80,000 with Hilton per calendar year. In addition, if you’re looking to take advantage of the bonus, you must purchase points by December 29 at 11:59pm ET.

In addition to the above promo, American Express is targeting members to get a 33% bonus when you transfer Amex Membership Rewards points to Hilton Honors. If you’re targeted for the offer, you’ll get 2,100 Hilton points for every 1,000 Amex points transferred through December 15, 2017.

Like the first promotion, this isn’t particularly exciting — especially if you don’t have a specific redemption in mind. Based on TPG’s most recent valuations, Hilton points are worth 0.6 cents apiece whereas Amex Membership Rewards points are worth more than double that at 1.9 cents apiece. Even with the 33% transfer bonus, you’re still losing out on some value here. Say, for example, you transfer 10,000 Amex points (worth $190), you would get 20,100 Hilton points, which are worth $121.

Of course, both of these promotions aren’t bad under every circumstance. If you have a specific redemption in mind, either (or both) of these promotions could be worth it for you. It’s never recommended to transfer points or buy points without a specific redemption in mind, as there’s no way to reverse the transfer or sell points back after they’re bought.

Featured image of the Conrad Koh Samui by Hilton.

Know before you go.

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2018 TPG Award Winner: Mid-Tier Card of the Year
Chase Sapphire Preferred® Card

NEW INCREASED OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

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More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Intro APR on Purchases
N/A
Regular APR
18.24% - 25.24% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the 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.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.