(EXPIRED) 40% transfer bonus American Express Membership Rewards to Hilton

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Marriott isn’t the only transfer bonus being offered by American Express this month. They’re also offering a 40% bonus when transferring Membership Rewards to Hilton.

American Express Membership Rewards Hilton 40% Transfer Bonus

The Deal

  • Get a 40% bonus when transferring Membership Rewards to Hilton.

Key Terms

  • Expires January 31, 2021.

Quick Thoughts

I’d cautioned against transferring Membership Rewards to Marriott earlier as it doesn’t provide great value. While I wouldn’t necessarily recommend transferring Membership Rewards to Hilton either, this transfer bonus makes the math work out a little more in its favor.

The 40% transfer bonus means every 1,000 points you transfer becomes 2,800 Hilton Honors points. Hilton sometimes sells its points for 0.5cpp, so if you were to buy 2,800 points during one of those sales it would cost $14. If you were to transfer while this bonus is being offered, it effectively means you’re getting 1.4cpp of value from your Membership Rewards based on what you could pay for those points. That’s certainly not excellent value as you can often get much better value by transferring to airline partners, but it’s not a terrible redemption either. Still, I’d prefer to buy points at 0.5cpp if I needed them so that I could save my Membership Rewards for other redemptions.

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