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Quick update to let you know that American Express has a 40% transfer bonus to Hilton Honors. Usually Amex to Hilton is 1000 Amex points nets you 2000 Hilton Honors. Until June 15th, 2021 – 1000 Amex will net your 2800 Hilton Honors.
Should I transfer Amex to Hilton Honors?
This is a great question. I value Amex points at nearly 2 cents a piece, and Hilton Honors at about 4/10 a piece. So…even getting the normal 1:2 is usually a terrible redemption in my opinion. HOWEVER…there instances in which this isn’t the case. Really expensive hotels that take Hilton points. Let’s look at one as an example: The Waldorf Astoria Beverly Hills
You can find dates that are 95k Hilton points a night.
Room rates are nearly $700 without tax
With tax…over $800
It would take just over 34k Hilton Points per night
Factoring in 5th night free for Hilton Honors Elites
If you have Silver, Gold, or Diamond status with Hilton you’ll get a 5th night free when using points ( as long as points are available all 5 nights ). This would mean you could stay for 5 nights for just 136k Amex points. That’s pretty amazing considering the cash price for the stay would be over $4k.
Don’t forget that you get Hilton Gold status as a perk of American Express Platinum.
Learn More about American Express Platinum
Crunch the numbers but be aware that a bonus is in effect
I don’t think you’ll extract the same kind of value as illustrated above if you’re looking at a Hilton Garden Inn. But, with that said, there are instances that utilizing your Amex points for Hilton redemptions that could make sense on a pure valuation standpoint.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.