American Express Improves Membership Rewards Transfer Rate to Hilton

American Express Membership Rewards points have historically transferred to Hilton at a rate of 1000 -> 1500. So 1 Amex point was worth 1.5 Hilton points.

That’s not a rate I’d want to transfer at. I value Hilton points at 4/10ths of a cent and Amex points at 1.8 cents apiece.

Sometimes they’d run bonuses where 1 Amex point would yield 2 Hilton, still not a great deal but better of course.

Hilton Bora Bora Nui

Over the summer American Express scored an exclusive deal with Hilton. Citibank lost their Hilton card portfolio, and lost Hilton as a ThankYou Rewards transfer partner.

This month we’ll be seeing a new slate of Hilton American Express cards with some cool benefits.

And it appears there’s an improvement with Membership Rewards as well, transfers to Hilton now appear to have a 1:2 ratio and there’s no language suggesting this is a limited-time offer. (HT: Emily McNutt)

I’m still not interested in this deal, that’s cutting the value of my Membership Rewards points in half in my opinion, but it’s a better deal than it used to be.

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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  1. So what are the best uses of Membership Rewards points? I transferred my 60,000 bonus points to Hilton at 2.1 as I thought that was a good deal. Now I’m disappointed I did it.

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