Amex Membership Rewards Transfer Bonus, Get 40% More Hilton Points
Update: This offer is back and available until 1/31/2021.
American Express has a new transfer bonus promotion going on where you can get 40% more Hilton Honors points when you transfer Membership Rewards points. The regular transfer rate is 1000 Membership Rewards points to 2000 Hilton Honors points. So with this promotion you can transfer 1000 Membership Rewards points and get 2800 Hilton Honors points. This offer is available until October 31.
- Minimum transfer is 1,000 Membership Rewards points.
- The additional Hilton Honors Bonus Points will be awarded at the time of transfer.
- Hilton Honors Bonus Points do not count towards elite tier qualification.
- Offer expires October 31, 2020.
Even with this 40% bonus, transferring Membership Rewards points to the Hilton Honors program will not make sense for most people. Hilton points are often valued at 0.4 cents or less, so this will give you a value of just over one cent for your Membership Rewards. That’s not the best use of your Amex points.
You could use this promotion if you need some more Hilton points towards a redemption, or to keep your Hilton points from expiring. Hilton is also selling points with a 100% bonus, which gives you a price of 0.5 cents per point. Usually the best way to rack up lots of Hilton points is to go for one of the American Express Hilton Credit cards.
HT: Frequent Miler