Membership Rewards to Hilton Honors Transfer Bonus
American Express is offering a new transfer bonus for its Membership Rewards points to Hilton Honors points. This bonus is targeted, so not everyone will see it in their accounts. If you are eligible, you can transfer your Membership Rewards points to Hilton Honors points at a ratio of up to 1:2.6 points, which is a 30% boost from the regular transfer ratio of 1:2. This offer is valid until December 31, 2023.
To transfer your Membership Rewards points to Hilton Honors points, simply go to the Membership Rewards transfer page on the American Express website and log in to your Membership Rewards account. From there, you will see all of the transfer partners listed, and if you are targeted for the bonus, the Hilton Honors transfer bonus will be displayed. Keep in mind that you will need to link your Hilton Honors account before you can transfer points, and the minimum transfer amount is 1,000 points.
Now, let’s analyze whether this transfer bonus is a good deal or not. To determine this, we need to look at the value of each currency. Membership Rewards points are flexible and can be redeemed in many ways, making them valuable. On average, they are worth at least 1.6 cents each. On the other hand, Hilton Honors points are valued around 0.4 cents each.
Let’s do some math on the transfer using these values and factoring in the 30% bonus:
– 1,000 Membership Rewards points * 0.016 (average value) = $16 (minimum value)
– 2,600 Hilton Honors points * 0.004 (average value) = $10.40
As you can see, the value you would get from transferring Membership Rewards points to Hilton Honors points does not come close to the average value of Membership Rewards points. However, it’s important to note that these valuations are subjective, and you may be able to get a better or worse value depending on your specific redemption. Hilton Honors points can often be more valuable when redeemed for a 5-night stay with the fifth night free.
In conclusion, this transfer bonus can be a decent deal if you have a specific redemption in mind and just need a little more Hilton Honors points to top up your account. However, it’s not the best use of Membership Rewards points, so it’s not recommended to transfer points speculatively. Keep in mind that in the past, we have seen transfer bonuses as high as 50%, so it may be worth waiting for a better offer if you’re not in immediate need of Hilton Honors points.
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