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Update: This offer is no longer available.

Through March 16, 2018, Hilton is offering a bonus when you purchase Honors points. There are two versions of this promotion: all Honors members are eligible for 80% bonus points, and Amex co-branded cardholders are eligible for a 100% bonus.

Without any bonus, Hilton sells its Honors points for 1 cent apiece. With the 80% bonus, you’ll be able to purchase points for just 0.56 cents apiece, so you’d be paying slightly less than TPG’s most recent valuation of 0.6 cents apiece — a savings of 0.04 cents per point. In order to get the 80% bonus, you must purchase at least 5,000 points, and they must be purchased in 1,000-point increments.

If you’re a cardholder of a Hilton co-branded American Express card, you’re eligible for even more bonus points. Through March 16, 2018, you’re eligible to earn a 100% bonus on purchased Honors points. With the 100% bonus, you’ll end up paying 0.5 cents per point — .1 cent less than TPG’s most recent valuation.

Keep in mind that you can only purchase up to 80,000 points per calendar year with Hilton. For both versions of this promo, you must purchase by March 16, 2018, at 11:59pm ET in order to qualify for the bonus points.

Featured image by Hilton.

The Platinum Card® from American Express

The American Express Platinum card has some of the best perks out there: cardholders enjoy the best domestic lounge access (Delta SkyClubs, Centurion Lounges, and Priority Pass), a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at SPG, Marriott, and Hilton. Combined with the 60,000 point welcome offer -- worth $1,140 based on TPG's valuations -- this card is a no-brainer for frequent travelers. Here are 5 reasons you should consider this card, as well as how you can figure out if the $550 annual fee makes sense for you.

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More Things to Know
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards points on prepaid hotels booked on amextravel.com.
  • Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$550
Balance Transfer Fee
See Terms
Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

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.