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Hilton just announced a new way to redeem your points

Nov. 22, 2019
2 min read
zemi-beach-anguilla
Hilton just announced a new way to redeem your points
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Buckle up. A new way to redeem your Hilton points is right around the corner.

Literally.

As of today, if you're a Hilton Honors member, you can redeem your points on Lyft rides. It's the latest development in the partnership between the two companies since it was announced in May.

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All you have to do is select a fixed amount of points you'd like to redeem in exchange for Lyft credits. Just note that they have to be in increments ranging from $10 to $100.

The in-app functionality will let you request a Lyft ride within the Hilton app itself during your hotel stay. Your hotel location will automatically populate as the pick-up location, too. In addition, you can redeem your points for Lyft credits and gift them to friends or family this holiday season.

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Here's the thing, though. You shouldn't do it. We talk a lot around here how your points and miles are worth value, and in this case, you'd only be getting 0.2 cents per point. That's a big contrast to the 0.6 cents that we value Hilton points for.

Translation: You'd be getting so much more value out of your Hilton points by using them on actual hotel stays. Yes, no matter how many of them you have. I mean, if you're really looking to burn through a stash of them, just go live at the Conrad Tokyo or Waldorf-Astoria Maldives for a month. Rates start at 95,000 points and 120,000 points respectively.

Like we've said time and time again, you'll always get more valuable redeeming your points and miles for actual travel than anything else.

Our advice? You should absolutely link your accounts to start earning Hilton points (and Delta miles!) for every Lyft ride you take ... but you'd be better off saving them for actually, you know, going on vacation instead of going down the street.

Photo courtesy of Zemi Beach House/Hilton.

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4 / 5
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Rewards rate
1XEarn up to 1X points on rent and mortgage payments with no transaction fee
2XEarn 2X points + 4% back in Bilt Cash on everyday purchases
Intro offer
Open Intro bonus
50,000 Bilt Points + Gold Status + $300 of Bilt Cash
Annual fee
$495
Regular APR
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Recommended credit
Open Credit score description
Good Credit, Excellent Credit

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Cons

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  • Designed primarily for members seeking a premium, all-in-one card
  • Earn points on housing with no transaction fee
  • Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
  • 2X points on everyday spend
  • $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
  • $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
  • Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 3 months + $300 of Bilt Cash.
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  • Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.