Hilton Honors points are generally valued at 0.4 cents per point. This makes the value of 10,000 Hilton Honors points roughly $40.
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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.
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.
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.
If you don't plan on staying at Hilton properties at least once per year, it's not worth obtaining Gold or Diamond status, even if you're just getting it through a credit card. It may also not be worth it if you typically stay at limited-service properties where upgrades are unlikely and breakfast is free to all.
For example, a hotel room that costs $100 per night might have a cost of 20,000 points; this would make each point worth 0.5 cents when redeemed for that particular room.
5,000 Hilton Honors points are worth an average of $31.5, according to WalletHub data. You will get the best value for your Hilton Honors points when you redeem them for Travel, but there are multiple redemption options.
Airline and Hotel Rewards Credit CardsWith airline credit cards and hotel credit cards, the points or miles that you earn are automatically added to your loyalty program account. As a result, you can keep the rewards even if you close your credit card.