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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.
If you have a specific redemption in mind, this could be worth taking advantage of. You could also consider signing up for one of the Amex co-branded credit cards, such as the new Hilton Honors American Express Ascend Card, the Hilton Honors American Express Aspire Card or the Hilton Honors American Express Business Card, in time to qualify for the 100% bonus, as well as to earn up to 100,000 points through the sign-up bonus.
Featured image by Hilton.
With great travel benefits, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game. Here are the top 5 reasons it should be in your wallet, or read our definitive review for more details.
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
- Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
- Get 25% more value when you redeem for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel.
- No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards