Looking for a cheap way to buy Hilton Honors points? Hilton Honors is currently is offering 100% bonus points when you purchase points by 26 November 2019. The bonus is offered to members purchasing 10,000 points or more.
Even better, during the promotion, Hilton is letting you buy up to 160,000 Points. This is double the normal annual limit of 80,000 Points. All up, you could walk away with 320,000 Points, if you choose to maximize the offer.
Promotions of this type can represent an affordable way to top up your points balance. This is especially so if you have a redemption in mind, but are a few points short. Or even if you have no points – buying points for a reward night could be cheaper than the cash price of the room.
Having said that, it is best if you have a room in mind, rather than buying speculatively. This is, these offers are not usually great for buying points speculatively.
Current Hilton Honors Purchase Points Offer (until 26 November 2019)
Hilton Honors are running a promotion offering a bonus of 100% when purchasing over 10,000 points. This offer may be targetted, so you could have different tiers or bonus offers.
Under the offer, it means that you will be buying points at 0.5 US Cents per point. The current promotion runs through to 26 November. You can access the promotion through this link.
There are a few rules imposed by Hilton Honors that need to be kept in mind.
- Hilton Honors have lifted the usual annual limit of 80,000 Hilton Honors points to 160,000 Points. This limit excludes the bonus points.
- If you are a new member, you will not be able to buy points for:
- 30 days after enrolment if there is some activity in your account. For example, if you have earned points from a stay, you will be able to buy points after 30 days.
- 90 days if there is no activity in your account
Why Buy Hilton Honors Points?
Hilton Honors run occasional promotions offering points at a discounted rate. Sometimes the points are discounted, and sometimes, such as this time, by offering bonus points. Either way, it offers points at better than normal prices.
Hilton normally sells points at US1c each. During an offer period, the price per point comes down, often to a point where you may be better off buying points for a reward night, rather than paying cash for a room.
This is due to reward nights often have an effective price that is less than paying cash. As a result, you can leverage these promotions into discounted 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 lose 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 redemptions 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.