Frequent Miler on the Air
Debate: 30% Amex to Hilton Transfer Bonus. Should we do it? | Coffee Break Ep26 | 9-17-24
Sep 17, 2024
In a lively discussion, Greg, a points enthusiast, argues for capitalizing on the 30% transfer bonus from American Express to Hilton, emphasizing the increased potential of turning 1,000 points into 2,600. Conversely, Nick, a cautious skeptic, highlights the historical low redemption value and advocates for alternative redemptions, like premium airline tickets. They explore the emotional satisfaction of using points strategically and weigh personal travel preferences to determine if it's worth the transfer or better to hold out for future opportunities.
18:41
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Quick takeaways
- The current 30% Amex to Hilton transfer bonus converts points at a perceived value of 1.3 cents each, but historically lower than previous offers.
- The choice to transfer Amex points to Hilton should reflect individual travel preferences and potential for greater value with airline redemptions.
Deep dives
Understanding the Amex to Hilton Transfer Bonus
The current 30% transfer bonus from Amex Membership Rewards points to Hilton points converts 1,000 Amex points into 2,600 Hilton points, providing a perceived value of 1.3 cents per point. While this rate may seem attractive, it is historically lower than better transfer bonuses that have occurred in the past, such as 40% or even 50%. Many analysts, including one in the discussion, argue that transferring to airline partners often yields much higher value, sometimes exceeding 2 cents per point, especially for international business class flights. Thus, the transfer bonus should be carefully considered against other options for utilizing Amex points more effectively.
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