American Express emailed a lot of HFP readers yesterday with an attractive transfer bonus.
This is very good. I value a Hilton Honors point at 0.33p. Because you can use Hilton points to part-pay cash bookings at roughly this level, even if you can’t get a standard redemption room, there is a floor beyond which the value won’t fall.
With the transfer bonus, you are getting around 1p per Amex Membership Rewards point. This is as good as it gets, and puts Hilton Honors transfers on a par with Radisson Rewards (usually 1:3 with a similar 0.33p per point value) and frequent flyer mile transfers (assuming 1p per mile of value).
The bad news is that the offer appears to be targeted. I didn’t get it (I have transferred to Hilton Honors before) and neither did my wife (no previous Hilton transfers). I have done a speculative 200 point transfer and will report back, but if you didn’t get the email you should assume that you are not getting the bonus.
If you DID get the email then it is well worth considering. It isn’t a knockout deal – as I said, it simply moves Hilton onto equal footing with Radisson and the airlines – but it is also as good as you’ll see for an Amex redemption.
How to earn Hilton Honors points from UK credit cards (January 2021)
There are various ways of earning Hilton Honors points from UK credit cards. Many cards also have generous sign-up bonuses!
Do you know that holders of The Platinum Card from American Express receive FREE Hilton Honors Gold status for as long as they hold the card? It also comes with Marriott Bonvoy Gold, Radisson Rewards Gold, Shangri-La Golden Circle Jade and MeliaRewards Gold status. We reviewed American Express Platinum in detail here and you can apply here.
Did you know that the Virgin Atlantic credit cards are a great way of earning Hilton Honors points? Two Virgin Points can be converted in three Hilton Honors points. You can apply here.
You can also earn Hilton Honors points indirectly via American Express Gold, the American Express Rewards Credit Card and – for small business owners – American Express Business Gold and Business Platinum.
(Want to earn more hotel points? Click here to see our complete list of promotions from the major hotel chains or use the ‘Hotel Offers’ link in the menu bar at the top of the page.)