I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
Through September 16 Hilton HHonors is running a sale on Hilton points. You have to log in to see the offer, so it’s possible some people don’t get the full 50% off, but I haven’t heard from folks yet that are offered something else.
Hilton usually charges a penny apiece for points, so with this bonus is selling points for half a cent each. That’s tied for the cheapest I’ve ever seen (in June 2015 they offered a 100% bonus on purchased points). They’re selling points for just about what they’re worth.
Hilton will let you buy up to 80,000 points per year. The pricing here amounts to $0.005 per point. I value Hilton points at $0.004, since I can pretty much always get half a cent in value at least from Hilton points and I have a preference for holding cash.
Conrad New York
You can really stretch Hilton points for their lower-tier redemptions. A category 1 property is 5000 points, with 5th night free for elites, so a 5 night stay averages 4000 points per night or ~$22. (There aren’t many of these in the U.S…)
You won’t get bonus points for paying for purchased Hilton HHonors points with a Hilton co-brand credit card, as the purchase is processed by points.com rather than Hilton.
I’m close to a buyer of Hilton points at half a cent apiece.
Terms and conditions:
Honors Points purchased do not count towards elite tier qualification. Hilton HHonorsTM and Points.com reserve the right to change or terminate the discount promotion at any time. All purchases must be made through the Purchase page on HHonors.com. The HHonors Points 50% Discount is available on Points purchases made between August 18, 2016, at 12:01am ET and September 16, 2016, at 11:59pm ET. All purchases are non-refundable. HHonors Members may purchase a maximum of 80,000 HHonors Points per calendar year. Offer cannot be combined with any other offer. Points will be posted to the recipients Hilton HHonors account within 24 hours of the completed transaction. Buy transactions are final and non-refundable. All Hilton HHonors program terms and conditions apply. Hilton HHonorsTM membership, earning of Points and MilesTM and redemption of Points are subject to HHonors Terms and Conditions.
Price includes all applicable fees. GST/HST will be charged to Canadian residents. Points purchased are final and not refundable and are applicable towards all HHonors Terms and Conditions. Email address is required and will only be used for transaction and marketing communications related to this purchase. Purchased points do not count towards HHonors status upgrades.