Looking for a cheap way to buy Hilton Honors points? Hilton Honors is currently is offering an 80% bonus on purchased points until 18 December. On top of that, some members have been targetted with a bonus of 100%.
The main aim of buying points is that they can be used to gain cheap room nights. Basically, they allow you to book nights at award pricing.
A bonus of 100% is about as good as these offers from Hilton get. Having said that, it is best to buy points if you already have a specific award in mind.
Current Offer (to December 18, 2018)
Hilton Honors is running a promotion offering a bonus of 80% – 100% when purchasing over 10,000 points. Under the open offer of 80% bonus, this means that you will be buying points at 0.6 US Cents per points. If you have been lucky enough to have the 100% bonus offer, you will be paying 0.5 US Cents per points.
Why Buy Points?
Hilton Honors run occasional promotions offering points at a discounted rate. Sometimes that sell them at a discount, and sometimes by offering bonus points. Either way, they offer points at a better than normal price.
Hilton normally sell points at US1c each, and during an offer period, there is an opportunity to buy them at a discount.
The big advantage of buying such discounted points is the opportunities that arise in booking rooms at award rates. These are typically offered at a discount to cash rates. Thus, leveraging points to book an award night can yield savings on your hotel stays.
While you can buy rooms at a discounted rate, there are a few caveats to keep in mind. Firstly, for a given hotel, you should run the numbers to see if it is worthwhile jumping through the various hoops to get the discount. Secondly, it is probably wise to have an immediate use in mind – the discount may not be worthwhile for a speculative redemption down the track.
A Note on award nights
Hilton Honors recently removed its previous system of categories for Award nights. This has resulted in the number of points required for any given night being more dynamic than it was in the past. Ultimately, this may affect the value that you can get from Award nights.
Another factor with redemption bookings is that under the Honors program, if you book a five night stay (with points), the fifth night is free. That is, you pay for four nights, and can stay a fifth for no extra points. Note that under the new Points and Cash system, if you add any cash component to the payment, you will lost the fifth night free benefit. This can swing the equation back towards a points redemption for a longer stay.
Keeping all that in mind, the best redemption s occur in hotels that have a low points requirement for redemption, but have a high cash price. In any case, while that is the best case, there is the possibility of extracting good value at other hotels that you may be interested in.
In summary, there is value to be extracted through this promotion, although you do need to do your math first.