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. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. We appreciate you using our links!!!
Buying points can save you $1000s on your holiday
Dreaming of a honeymoon in Bora Bora, the Maldives, or a getaway to New York – you know, when you can travelvto these places? This promo could be exactly what you need to jumpstart your honeymoon plans. Hilton has matched their best ever price on purchased Hilton points at $0.005 a piece. What does this mean? It means you can go from zero to honeymoon hero fast. Let’s take a look at this deal, what to be aware of, and some serious examples of how it can save you big bucks.
Points devalue all the time, so I’d advise you to heavily consider this when making a purchase, and only do so if you have a definite redemption in mind.
Normally Hilton limits the amount of points you can buy at 80k, but this offer, which matches its best ever, will allow up to 160k with a 100$ bonus.
You can read all the details here, but effectively 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 that means, that you and your loved ones can all contribute to help you reach your travel goal.
Honeymoon Hack…How to purchase points for paradise.
The drop dead gorgeous Conrad Bora Bora. 89k a night base rate.
If you have Silver or higher status ( Gold comes with an American Express Platinum and Diamond with a Amex Hilton Aspire ) you’ll get a 5th night free when using points. That means if you can find the availability, you could stay for 5 nights at the Conrad Bora Bora for under 360k, or as I’ll show you, utilize Hilton’s generous pooling to stay at the Conrad Maldives for 380k
Here’s Conrad Bora Bora in January 2021 – plenty of time to plan your flights and hedge against any travel restrictions, plus you could cancel free of charge
Another insane redemption? Conrad Maldives. 95k per night, take advantage of pooling.
You’ll need 380k Hilton points to snag the Conrad Maldives and stay in an overwater hut, so if you’re starting from zero, you’ll need to pool. The cost? $1900 for 5 nights at a hotel that typically charges over $1k per night. Let’s take a look
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.
Here’s a look at availability in Jan 2021 for 5 night stays.
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
Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers
A Monkey Miles favorite for beginners and point pros alike because it earns 3-5x on select categories + Enjoy 5x on groceries up to $12k a year + $200/20k welcome bonus and no annual fee!
♥ Earn 20k Bonus Points or $200 after $500 Spend in 3 months
♥5x on travel booked with Chase Travel, 5x on rotating quarterly categories ( capped at $1500 per quarter )
♥5x on grocery stores, up to $12k ( no Target/WalMart) on your first 12 months of cardmembership
♥3x on all dining and qualifying delivery apps
♥0% interest on new purchases for 15 months