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Through tomorrow, May 3, 2017, you can buy Hilton HHonors points and get a 100% bonus on the points purchased.

Hilton points normally cost 1 cent each. With the 100% bonus, the price drops to 0.5 cents per point.

If you buy 80,000 Hilton points by May 3, you’ll receive 160,000 points for $800. With the bonus, you can buy any amount of points from 2,000 to 160,000 in 2,000 point increments during the promotion.

Here is the old Hilton award chart, which doesn’t exactly apply anymore, but it kind of does.Screen Shot 2015-05-27 at 6.26.13 PM

Basically, rooms now have variable award rates that will fluctuate with supply/demand and the price of the room. Hilton has promised though that the point price of a room won’t rise higher than what its category was priced on this old chart. Read Hilton Changes: Revenue-Based Pricing and Points & Money Awards to learn more.

When to Buy (Math)

Is buying Hilton points for 0.5 cents each a good deal?

I would not buy Hilton points speculatively for 0.5 cents each because I value them at 0.4 cents each. But if you have an immediate high value redemption in mind, buying points can be a good deal.

For instance, at these prices, Category 1 properties would be (at the most) $25 per night. Category 2 properties would be (at the most) $50. Top tier Category 10 properties would be (at the most) $475 per night. For all these categories, you can get a big discount off the retail nightly rate if you travel at a peak time.

You can get an even bigger discount on five nights stays because the fifth night is free with points. That drops the per night price of Category 1 properties to (at most) $20, Category 2s to (at most) $40, and Category 10s are $380 or less.

That’s fantastic when the Category 2 DoubleTree in Kuala Lumpur is a little less than $100 per night…

…or the Category 10 Conrad in the Maldives can be crazy expensive…

Check out: Only Two Good Hilton Strategies

Consult the Hilton award chart to see how many points you’d need to book the hotel you want for a night. Search the dates you’d like to stay to see the paid price. If buying the points makes sense, there is award space on your dates, and you are ready to redeem now, buy the points.

Also keep in mind that you don’t need to buy points when you can just open Hilton branded credit cards for free stays.

Right now, the Citi® Hilton HHonors™ Reserve Card comes with Two Free Weekend Nights (Friday, Saturday, or Sunday) worldwide at top tier Hiltons after spending $2,500 in four months. The card also comes with free Hilton Gold Status (upgraded internet, breakfast) as long as you hold the card. All that more than offsets the $95 annual fee.

Buy Hilton Points with These Credit Cards

Hilton points purchases are processed by, so the purchases will not code as a bonus “travel” or “hotel” purchase on any credit card. You will not earn category bonuses from the purchase of Hilton points.

Screen Shot 2015-05-27 at 6.31.02 PM

That means you should make the purchase with whatever card you need to meet a minimum spending requirement on.

Another Way to Amass Hilton Points Quickly

The Hilton Honors Card from American Express is offering 80,000 bonus points after spending $2,000 in the first three months. It has no annual fee. The Hilton Honors Surpass Credit Card from American Express is offering 100,000 bonus points after spending $3,000 in the first three months. It has a $75 annual fee. You can turn $5k or less of every day spending into 195,000 Hilton points!

Credit card links have been removed from posts and added to the menu bar at the top of every page of MileValue under the heading Top Travel Credit Cards.

Bottom Line

Tomorrow is your last day to buy 2,000 to 160,000 Hilton points for 0.5 cents each with the current 100% bonus sale. That’s too high to buy speculatively, but there are a lot of immediate awards you can book where that price offers great value.

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

Just getting started in the world of points and miles? The Chase Sapphire Preferred is the best card for you to start with.

With a bonus of 60,000 points after $4,000 spend in the first 3 months, 5x points on travel booked through the Chase Travel Portal and 3x points on restaurants, streaming services, and online groceries (excluding Target, Walmart, and wholesale clubs), this card truly cannot be beat for getting started!

Editorial Disclaimer: The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are the author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.

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