We may receive a commission when you use our links. Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers. Monkey Miles is also a Senior Advisor to Bilt Rewards Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. As an Amazon Associate I earn from qualifying purchases.
Buy Hilton points
Ready to finally book that dream trip post lockdown? Eyes set on Bora Bora sunsets, waking up in the Maldives, or a getaway to New York City? This promo could help you get on your way, but if you’re not targeted for 100% bonus then just realize you’re not getting the best deal. If you have a trip you’re looking to book, and buying points could make it cheaper, pull the trigger. Otherwise I’d suggest waiting until we have a best ever offer. Let’s take a look at this deal, what to be aware of, and some serious examples of how it can save you big bucks.
If you are targeted for 100% bonus, this is the best deal we’ve ever seen because they have increased the max to buy 240k and get 240k = 480k total Hilton Points
Why would you buy Hilton Points?
Buying any kind of point or mile comes with the risk that those points could be devalued before you have a chance to use them. The way around this is to buy them with a specific redemption in mind + when you see the award availability you want to book.
This way you know you’re getting the value you want out of the points you’re buying because you’re using them immediately. I’ll give a couple of examples further down in this post, but I’m not advising you to buy Hilton points without a specific purpose of use.
The deal runs through 05/09/2023 – Get 100% bonus Hilton Honors up to 480k total points
This bonus is capped at buy 240k get 240k…1/2 penny a point and the most we have ever seen.
In the past, Hilton would cap the amount of points you can buy to 160k and get 160k bonus. In my opinion this had been the best bonus structure since it increases your max to 320k, but the new offer smashes that and raises the cap to 480k total points.
Want more than the max? Here’s the trick: You can pool up to 2M points from multiple accounts
Hilton allows members to pool their points into a one account. You can transfer up to 500k from a single account, but up to 11 people can participate in a pool, and one member can receive up to 2,000,000 points in a given calendar year. So…you can certainly work around the restriction by having multiple people buy the points, you reimburse them, and then pool them all into your account. Is that a lot of work? Yes, but I’m just stating what’s possible.
If you’re getting married and wanting to take a dope honeymoon, you could have your loved ones can all contribute to help you reach your travel goal.
Holiday Hack…How to purchase points for paradise.
Hilton recently increased their prices on a load of their top tier properties from 95k to 120k. In fact, some hotels are even 150k. With that said, if you’re looking to stay in uber 5 star luxury…buying points can save you a boatload of cash if you’re already in the market for an expensive trip. The strategy is the same regardless of the class of hotel though…just make sure you’re saving money, and hopefully making use of a 5th night free.
Waldorf Astoria Pedegral Cabo. 120k per night, take advantage of pooling.
You’ll need 480k Hilton points to snag the Waldorf Pedegral, so if you’re starting from zero, this new offer would sort you out. If you didn’t get that offer, you’d need to pool points.
The cost? $2400 for 5 nights at a hotel that typically charges over $1k per night – and often over $1500. Remember, these are just examples and aren’t reflective of current Covid restrictions, so make sure you can get into your destination prior to buying.
Since Hilton allows pooling of up to 2 million points across multiple accounts, this deal is within reach. Note the most one account can merge is 500k.
As we said in the intro, don’t buy points speculatively. Also we’re giving outrageously aspirational and insanely expensive destinations to show the potential of deals like this so keep that in mind. Don’t buy points to redeem at your local Hilton Garden Inn by the airport unless it makes sense. Crunch the numbers. We’re just trying to show you what’s possible, and what we’re truly shooting for when we buy points during offers like these. In fact, we purchased last year and wrote an entire article about it.
If you’re interested in buying…use our link to support the site.
*feature image courtesy of Hilton
The Chase Sapphire Preferred is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based.
60k Points after $4k spend in 3 months
80k offer in branch currently – I think this should be online soon
Transferrable Chase Ultimate Rewards
Super solid welcome offer.
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.
- 3x on dining
- including eligible delivery services for takeout
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- 5x on all travel purchased through Chase Ultimate Rewards – Chase Travel Portal
- $50 Annual Credit on hotel stays purchased via Ultimate Rewards/Chase Travel
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 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 Portal and the slew of other benefits remain in tact including primary rental car insurance, purchase protections, etc.
- Points are transferrable to 13 Ultimate Rewards partners
- Redeem in the Chase Travel center for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Primary rental car coverage is my favorite
There is currently an 80k offer after $4k spend in 3 months available in branch, and up to 90k after $6k spend in 6 months. I suspect some version of this will be online soon if you don’t want the hassle of going into a branch.
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 60k is a very, very good offer. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back. .
Cards that earn flexible points and should be used on the bulk of your purchases.
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.