Posted by William Charles on December 24, 2018
Hotel Booking

Published on December 24th, 2018 | by William Charles

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Hilton Considering Adding 0.5¢ Amazon Cash Out Option Permanently For American Express Hilton Cardholders

According to a survey sent out, Hilton is considering adding the ability to cash out Hilton points for Amazon credit at a rate of 0.5¢ per point for cardholders of the co-branded Hilton cards. The standard rate is currently 0.2¢ but twice recently it has been temporarily increased to 0.5¢ for an extremely short period of time. The survey specifically mentioned this as an option on the no annual fee version Hilton American Express card as well.

Personally this would be a game changer for me. Not only would it mean that I’d keep a Hilton card long term and use Hilton cards more frequently, it would also likely change some of my hotel booking habits as well. What do you think of this potential change? Let us know in the comments below.



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Geo

This would be an absolute game changer. Over 50 or so redemptions the last few years I’m averaging .48 cpp relative to revenue rates with HHonors points. Amazon is effectively cash to me. Would potentially change MS angles as well assuming no cap on point cashout.

Kalifa
Kalifa

not happening people

Bugadesh
Bugadesh

Why not Kalifa?

Jags
Jags

I don’t know how long AMEX will keep Hilton transfer bonuses alive going forward if this were to happen, or if Hilton will continue to allow transferred in points to be redeemed, but I’ve had a 1000:3000 MR to HH points bonus I feel like for months. That makes the BBP a 3% amazon cash card essentially? 6% amazon credit on dining and groceries with AMEX Gold?

IMO this single change would effectively put to rest the MR vs UR debate.

I have no idea how this is sustainable for these companies.

Mike
Mike

Your math is wrong this means one Hilton point is worth .005 going to amazon. You can use MR points for .01 cents each as true cash. Transferring them to Hilton at 1:1 the MR points lose value. Amex would be thrilled to allow this.

Denis
Denis

Default transfer ratio MR to HH is 1:2, promo up to 1:3

calwatch
calwatch

I can’t see 1:3 moving forward.

derikA
derikA

expires 12/31/18. then it will go back to 1:2.

derikA
derikA

His math was on point. but the HH 1:3 Amex offer expires 12/31/18. After that back to 1:2.

derikA
derikA

The 1000:3000 Amex offer has an expiration of 12/31/18. So that offer is almost done

Mario
Mario

This would be gold, Hilton gold!

FreeIsGood
FreeIsGood

Yes please!

me
me

If this would happen, Hilton spend on Aspire will earn you 14+20 = 34 pts, worth 17% back in Amazon cash. This makes the frequently seen 20% off Hilton GC promo completely useless, considering the hassle of carrying physical gift cards. Very interesting.

Eric
Eric

Where does the 20 points come from?

me
me

Diamond status from Aspire

Tammy
Tammy

I really hope this happens!

Niranjon Shrestho
Niranjon Shrestho

i am not understanding the conversion. Can you explain to me, what 100,000 hilton honors points will be in amazon.

jakethedog
jakethedog

$500 (100,000 * $0.005)

CM

At 1cpp, 150k points are worth 1.5k cash, e.g., with UR.

At 0.5cpp, 150k points are worth $750, e.g., Hilton being talked about.

Ray
Ray

I find myself using Amazon less and less because nowadays it’s not actually cheap anymore. With some attention to sales and coupons, physical stores almost always beat out the price on Amazon. I order something on Amazon maybe only once a month and will definitely be cancelling my Prime once it’s up in April. It’s a good option if you never have time to drive to stores but not exactly a killer deal.

MSer
MSer

Unless your time is worthless, dicking around with coupons and dealing with parking and hassles with returns with B&M is something few will voluntarily deal with.

miafll
miafll

many stores sent you coupons via email. You can load these to your loyalty cards. CVS happens to be one of such.
Many day to day consumption are CHEAPER at CVS when on sale and return to drug stores are very easy – they are everywhere. Hardly any line.

Unless you dont drive at all, walk or bike to where you need to be. Otherwise, the driving and parking hardly an issue, for 90% of people.

Return to AMZN is NOT easy – you now pay stocking fee if you return without a valid reason, i.e. defective products, wrong products shipped.

On top of that, you better read carefully on 3rd party suppliers on AMZN platform – far more often than not, the return is extremely restrictive.

Even return to AMZN is not without hiccup. I returned a sous vide cooker to them with the UPS print label supplied by AMZN. UPS “lost” the product on the last leg of delivery. It turned out was, AMZN generated a WRONG return to address! Luckily the chat rep got things straightened and the return was REDIRECTED to the usual return location.

Jake
Jake

I find Household and personal hygiene supplies consistently marked up higher on amazon than other retailers. I find them competitive on just about everything else though. For household and hygiene we still do target for everything (in store or online – and red card gets you free shipping every time regardless of order size). Everything else though – we buy on amazon.0

Paul
Paul

I agree. Bought a ton of stuff for cheap using CVS’s in-app coupons the other day, and it ended up being much cheaper than Amazon

Subhuman-Male
Subhuman-Male

Even Office Depot had cheaper Logitech speakers!

pbjclimbing
pbjclimbing

Since driving is typically a prepaid expense you do not really think of the added cost of driving. It is not an insignificant amount.

Sarah D
Sarah D

I don’t bother to use B&M to save money, but I agree with your point. For durable/high end goods there are better choices depending on the product, and for cheap stuff aliexpress is often better (actually a lot of the stuff on amazon is dropshipped – the *same* thing you get on aliexpress just marked up).

It’s still nice for convenience but I would not value amazon at cash value anymore, maybe 80-90%.

Frank Rizzo
Frank Rizzo

Quite often I can find the same items at the same price at retailers like Walmart, Target, Home Depot, Lowe’s or Best Buy. All these places allow you to order online just the same as Amazon. But the difference is you can go through shopping portals like Rapid Rewards Shopping or Chase Ultimate Rewards and earn extra points. It always amazes me how loyal people are to Amazon.

miafll
miafll

Exactly.
On top of that the returns are so much easier – no question asked to the above merchants you mentioned. AMZN you have to give an “acceptable” reason else you pay the restocking fee despite it is within the “free” return period.
I dont know when AMZN has started this but I find it very annoying because it has no warning whatsoever when you order the items.

People who swear with their prime accounts and blindly loyal to Amazon are people who do not keep up with the real world now every reputable B&M merchant has good functioning websites, often better than Amazon these days filled with all sorts of junks thanks to the 3rd parties and resellers.

Besides, the B&Ms all match whatever cheaper prices you found on Amazon – they go online right at the stores to check the prices and process the match on the spot when you purchase there.

Would only give 90% value of AMZN GC.

Jason
Jason

AMZN coins are essentially cash if you manage to do some online gaming business based on that.

Elias
Elias

Yes this would change my travel paterns and my spending too.

Kenneth Li
Kenneth Li

I only applied the Hilton credit card cus of sign up bonus. why would I use this card with shitty point value. gas, Costco card get 4%. everything else Citibank double get 2%

TomJ
TomJ

“I only applied the Hilton credit card cus of sign up bonus. why would I use this card with shitty point value. gas, Costco card get 4%. everything else Citibank double get 2%”

Pretty much my thoughts as well. I really don’t see much value in this even though I use Amazon a lot. But, I have been getting deals for 10% off Amazon GC’s and have a hefty balance now.

Subhuman-Male
Subhuman-Male

10% off Amazon GCs? Where?

TomJ
TomJ

DoC is always reporting on special deals. For example, Wells rewards twice in the past few months offered 15% (in my case) for Kmart. I bought Amazon gift cards both times in the amount of $300 and used 2 different cards. That is a total of $1200 right there.

More recently, DoC reported that Amazon Prime Chase card was offering 10% back at Whole Foods up to $400. I bought VGC’s but I could have bought Amazon cards.

Over the Summer, Retail Me Not kept offering special deals at different retailers. I did very well on those buying 3rd party GC’s, including Amazon.

There are more but that is to give you the idea of what you can do if you follow this site and maybe a few others.

calwatch
calwatch

There were many Chase Offers over the past month with 10% off at Staples, Office Depot, Walgreens, Lowes, etc. Same with the BOA offers as well.

Eric
Eric

6 x back on groceries/gas can be valuable for MS. 1000k buying visa GC nets $20 after fees in amazon points

A.J
A.J

The point is not to “use” Hilton card as your primary spending card. The point is to just use its perk and providing Hilton points base value of 0.5 cpp. Giving the fact that Amex points can be transferred to Hilton points on 1:2 ratio up to 1:3 with transfer bonus.

Then, the following categories can earn significantly more Amazon cash value:

Airfare (With Amex Platinum): 10-15 Hilton Points = 5-7.5 cpp on Amazon
Hilton properties (With Hilton Aspire): 14 Hilton Points = 7 cpp on Amazon
Dining (With Amex Gold or Biz Gold): 8-12 Hilton Points = 4-6 cpp on Amazon
Groceries (With Amex Gold): 8-12 Hilton Points = 4-6 cpp on Amazon
Gas (With Amex Biz Gold): 8-12 Hilton Points = 4-6 cpp on Amazon
Everything (With Amex BBP): 4-6 Hilton Points = 2-3 cpp on Amazon

me
me

Hilton properties, should be 14+20 = 34 pts, the 20 for Diamond status offered via Aspire. Am I wrong?

A.J
A.J

Also it can be useful who actually stay in Hilton properties and accumulate tons of points that they don’t find good redemption. (Hilton points are super easy to accumulate.)

JamaicanTraveller
JamaicanTraveller

Agreed. I primarily stay at Hilton for work and accure points crazy fast and I don’t have a Hilton card.. Depending where you stay and the promotions active, you can easily rake in thousands of points on a stay.

Stan
Stan

so… could one possibly sign up today for Hilton card with 150,000 point bonus on $3k spend, and soon get $750 Amazon credit? seems too good to be true.

Eric
Eric

Feel like they’re baiting us.

I will apply for those card anyway, maybe I should start now.

RC
RC

need to hit all the hilton cards asap if true

Steve
Steve

What happened to the option of cashing out with Hilton Points on amazon? I used it a month ago for .5c and now its gone?

FreeIsGood
FreeIsGood

It’s regularly and currently (just checked my amazon accct) 0.2 cents/ point. Which is robbery.

0.5 cents/pt would be good enough to cash out my hilton balance (again) on amazon. Good use of (multiple) signup bonus. Not great for regular spend.

If one can find hilton stays to use points on that fit into travel plans, that’s great. I plan my trips around where I want to go, not where I get the best ‘value’ on my points. When I search Hilton, I usually see terrible values for point stays… well below 0.5c/pt. Don’t think I’ve used hilton points for a room since they got rid of AXON.

My mann
My mann

It was always .2c and at .5c two times for a short period of time, as stated in the post.

MM
MM

The volume of points you can rack up from signup bonuses alone would make this a game changer (much less ongoing spend). $500 to Amazon for $1000 spend? Um, yes, please?

Staradmiral
Staradmiral

That would be great. I still have my sign up bonus sitting in my account. Hilton Honors is typically valued at 0.6cents per point, but remember you don’t earn points on reward nights. One could just redeem points for amazon, which is equivalent to cash for many people, then take the cash you were going to spend on amazon and use it to pay directly for your hotel night (via your amex hilton card of course), and earn alot of points in the process.

Also you’d have the freedom of using your cash to book any hotel, if there is a better deal.

Alex
Alex

When and how do you find out when it’s 0.5 cents per point???

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