Membership Rewards to Hilton Honors Transfer Bonus
American Express has a new transfer bonus to Hilton Honors points. This is an okay deal for those with a redemption in mind, but it depends what kind of value you would get for the booking. You will be able to redeem Membership Rewards Points by transferring them to Hilton Honors Points at a rate of up to 1:2.8 Points. The regular rate is 1:2, this is an increase of 40%. This offer lasts until October 31, 2020.
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 30% 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.
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 around .4 cents a piece. Lets do the math on the transfer, using these values, and add in the 50% bonus.
1000 MR Points * .015 = $15 (Minimum)
2,800 Hilton Points * .004 = $11.20
You come out a bit short on the average. But there’s no fixed value for either, so could definitely do better or worse depending on your specific use. Often, you’ll get a much better value for point when redeeming Hilton points for a 5 nights stay with the fifth night free.
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.
This is a good deal for anyone who was planning on using Hilton points for a specific redemption. Or for anyone 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. The offer has been as high as a 50% bonus in the past.
Hat Tip: Frequent Miler
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.