However, if you can find rooms available for 120,000 Hilton points per night, you'll effectively pay $600 per night if you buy the points at half a cent each.
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Hilton Honors American Express Surpass® Card: Earn 130,000 Hilton Honors bonus points after you spend $2,000 in purchases on the card within your first three months of card membership. Per TPG's latest valuations, the 130,000 Hilton points are worth $780 in value toward award stays.
You can expect 150,000 Hilton points to be worth $750 in free night awards, but you will need to compare hotel options to lock in this great rate. There are many ways to earn Hilton points in addition to limited-time credit card bonus offers so you can quickly get the points you need for a free night.
That means that five nights would cost you 40,000 points, or an average of 8,000 points per night. That means that 100,000 points would get you 12 free nights at that hotel.
On paper, TPG values 1 million Hilton Honors points at $6,000, which is much lower than some other programs we've looked at in this series. However, as you're going to see, there are some tricks you can use to squeeze more value out of these points.
Additional ways to redeem Hilton points is by shopping, traveling, and dining with Hilton partners. Once you redeem enough Hilton Honors points, you can use them for free nights at Hilton hotels, free car rentals, or you can sell Hilton points for cash to MileageSpot and earn cash in return.
With 2X points, members can expect to earn anywhere from 20 to 30 points per US$1, depending on their tier. 1 Hilton point is worth about 0.5 US cents, so you're looking at a rebate of 10% to 15%. 1,000 bonus points will be awarded for each stay at a different brand in the Hilton portfolio, namely: Canopy by Hilton.
There are a few factors that can determine that. Members earn 10 Base Points per dollar spent (5 at Tru and Home2 brands, excluding Home2 China where you will earn 10 Base Points). As tier status increases (Silver, Gold, Diamond), additional Bonus Points are earned.
Hilton Honors doesn't have the most lucrative travel rewards, with an average Hilton points value of 0.5 cents apiece in Personal Finance Insider's most recent points and miles valuations. Nonetheless, the program offers good (and sometimes great) value when redeeming for hotel rooms and access to special events.
To qualify, you must complete 30 stays, stay 60 nights or earn 120,000 base points in a calendar year. However, primary cardholders of the Hilton Honors American Express Aspire Card (see rates and fees) enjoy complimentary Diamond status as a perk of their card.
500 Honors points definitely isn't much to write home about — according to TPG's latest valuations they're only worth about $2.50. But, if you have several stays with Hilton planned, there's no reason not to book your stay through the app to claim these bonus points.
The Hilton Honors program's top tier is Diamond status, typically earned after 30 stays or 60 nights or by earning 120,000 base points in a calendar year (which equates to $12,000 in spending).