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American Express is offering a bonus when transferring Membership Rewards to Hilton Honors. It seems like some people aren’t seeing a transfer bonus at all, while others are being offered a ratio of either 1,000:2,6000 or 1,000:3,000, representing a 30-50% increase on the normal ratio.
- Transfer Membership Rewards to Hilton Honors on a 1,000:2,600 or 1,000:3,000 basis.
- Expires December 31, 2018 at 11:59pm MT.
- Minimum transfer is 1,000 Membership Rewards points.
- Please allow up to eight weeks for the additional Hilton Honors Bonus Points to be awarded.
- Hilton Honors Bonus Points do not count towards elite tier qualification.
If you’re targeted for the 1,000:3,000 transfer bonus, it’s worth considering if you have plans to stay at a Hilton property. It effectively makes a free night at one of their lowest tier hotels such as the Hilton Sharm Waterfalls Resort in Egypt only 1,667 Membership Rewards (although note that you can only transfer in increments of 1,000).
On the other end of the spectrum, a water villa at the Conrad Maldives Rangali Island Resort would only cost 31,667 Membership Rewards per night.
The rate gets even better if you book in five night increments seeing as you get the fifth night free on award stays so long as you have Silver status or higher. That would mean a five night stay at the Hilton Sharm would only cost 1,333 Membership Rewards per night, while the Conrad Maldives would only cost 25,333 Membership Rewards per night.
I wouldn’t make any speculative transfers simply due to this transfer bonus, but if you’re sitting on a large pile of Membership Rewards and have a Hilton redemption in mind, taking advantage of the 1,000:3,000 rate might make sense. Just be aware of the terms stating that the bonus could take up to eight weeks to hit your account. Edit: Fernando has commented below that he received the bonus points immediately.