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Through October 21 Hilton HHonors is running bonus on purchased Hilton points.
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 also, and a few months back they ran 50% off). They’re selling points for just about what they’re worth.
Hilton will let you buy up to 80,000 points per year. With this bonus, an 80,000 point purchase gets you 160,000 points at a price of $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:
The HHonors Points up to 100% Bonus with a minimum purchase is available on Points purchases made between October 6, 2016, at 12:01am ET and October 21, 2016, at 11:59pm ET. Hilton HHonorsTM and Points 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. HHonors Points purchased do not count towards elite tier qualification. 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. All purchases are final and non-refundable. Price includes all applicable fees. CST/HST will be charged to Canadian residents. 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.