Membership Rewards to Hilton Honors Transfer Bonus
American Express has a new transfer bonus to Hilton Honors points. This is a good deal for those with a redemption in mind. But it depends what bonus you receive in your account, if you get one at all. You will be able to redeem Membership Rewards Points by transferring them to Hilton Honors Points at a rate of up to 1:3 Points. The regular rate is 1:2. The bonus varies anywhere from 10% to 50%.
RELATED: Why Mark Actually Transferred Membership Rewards Points to Hilton
How to Transfer Membership Rewards to Hilton Honors
American Express makes transferring Membership Rewards to their partners easy. To transfer your points, simply login to your Membership Rewards account and click on the transfer option under “travel”. You will see all of the transfer partners listed and the Hilton Honors transfer bonus will be automatic. Keep in mind that you will need to link your Hilton account before you can transfer points and the minimum you can transfer is 1,000 points.
Analysis
To decide whether this is a good deal or not, we first need to look at the value of each currency. MR points are flexible and can be redeemed in many ways. That versatility makes them pretty valuable. I would say at least 1.5 cents a piece.
Hilton Points are valued at around .4 cents a piece, maybe even slightly lower than that for some. Lets do the math on the transfer, using these values, and add in the 50% bonus.
1000 MR Points * .015 = $15 (Minimum)
vs.
3,000 Hilton Points * .004 = $12
You come out a bit short, even with the best bonus. But there’s no fixed value for either, so could definitely do better or worse depending on your specific use.
And then there’s the possible 0.5 cent redemption on Amazon. That’s not a guarantee, but it would be huge if it’s really added as a perk to Amex Hilton cards.
Conclusion
This is a good deal for anyone who was planning on using Hilton points for a specific redemption or who uses the program regularly and will have a redemption option in the near future. It’s also a great option for topping off your account. 50% bonus is as good as it gets, and hopefully some of you see it in your Membership Rewards accounts.
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