Hilton Honors has just launched its newest bonus on purchased points, which is actually the program’s best-ever offer on purchasing points! While Hilton Honors ordinarily offers up to a 100% bonus on purchased points, this time around the program is offering up to a 120% bonus, which is a cost of 0.45 cents per point. This could represent a great value for hotel redemptions, especially with an immediate use in mind.
However, let me state that I find Hilton points purchase promotions broadly to be a lot less lucrative than in the past, given that Hilton Honors underwent a massive devaluation, and within the past year or so, top properties have gone up in price by up to 67%. So only take advantage of this if you know what you’re doing, and are aware of the program’s latest pricing.
Promotion on purchased Hilton Honors points
Between October 7 and November 21, 2026, Hilton Honors is offering a bonus on purchased points. Different members may be targeted for different bonuses, so you’ll want to log into your account to see what you’re eligible for. It would appear that the best offer is for up to a 120% bonus, which kicks in when you purchase at least 5,000 points in one transaction.

How much does it cost to buy Hilton Honors points?
Hilton Honors ordinarily charges one cent per purchased point, including all taxes and fees. That’s before any discounts or bonuses. If you’re eligible for the 120% bonus and maxed out the offer, you’d receive a total of 528,000 points at a cost of $2,400, which is a rate of 0.45 cents per Hilton Honors point.

When Hilton Honors offers a promotion on purchased points, it’s typically for either a 100% bonus or 50% discount, so this offer is better than all of the past offers that we’ve seen.
How many Hilton Honors points can you buy?
Ordinarily, Hilton Honors lets members buy up to 160,000 points per account per calendar year, before any bonuses. However, during this promotion, that cap has been increased by 50%, to 240,000 points. With a 120% bonus, that means you could purchase up to 528,000 points.
Do note that Hilton lets you combine points across accounts at no cost, so in reality you could acquire substantially more points by simply buying them across accounts and then consolidating them.

Which credit card should you buy Hilton Honors points with?
Hilton Honors point purchases are processed by points.com, meaning they don’t count as a hotel purchase for the purposes of credit card spending.
I’d recommend using a card with which you’re trying to reach a minimum spending requirement, or a credit card that maximizes your return on everyday spending. When in doubt, review which credit cards are best for buying points and miles.
- Earn 1% cash back when you make a purchase, earn 1% cash back when you pay for that purchase
- $0
- Earn 3% Cash Back on Dining
- Earn 3% Cash Back at Drugstores
- Earn 1.5% Cash Back On All Other Purchases
- $0
- Earn 2x miles per dollar on every purchase
- No Foreign Transaction Fees
- 10,000 bonus miles every account anniversary
- $395
- Earn unlimited 2X miles on every purchase, every day
- No Foreign Transaction Fees
- Global Entry/TSA Pre-Check Credit
- $95
- 2x points on purchases up to $50k then 1x
- Access to Amex Offers
- No annual fee
Is buying Hilton Honors points worth it?
There’s potentially huge value to be had buying Hilton Honors points. Hilton Honors sells points at a reasonable cost, has lots of aspirational properties, has good redemptions with a fifth night free opportunity, and elite status is also easy to earn with the program. Hilton’s partnership with Small Luxury Hotels of the World (SLH) is also awesome, and offers great redemption opportunities.
When you combine those factors, buying points can be a great deal.
How many points do you need for a free night at a Hilton?
Hilton Honors doesn’t have a published award chart, but rather the program has dynamic award pricing. This means that the cost of a standard free night award can vary depending on the day of the week, time of year, etc.
As a general rule of thumb, Hilton Honors free night awards start at 10,000 points per night, and go up to 250,000 points per night (which is a shame, because up until last year, properties maxed out at 150,000 points per night).
Sometimes you’ll see award costs that are way higher than these amounts. In those situations it’s because there’s not a standard room available, so higher pricing kicks in for premium rooms. That’s generally not nearly as good of a use of Hilton Honors points.

What is the Hilton Honors fifth night free benefit?
If you have Hilton Honors elite status (which is easy to earn, as I’ll outline below), you receive a fifth night free on award redemptions. This is a way to stretch your points even further, and whenever possible, I’d recommend making your Hilton Honors award stays in increments of five nights.
To take advantage of this, just log into your Hilton Honors elite account, and go through the process of making an award booking for five nights. When you get to the booking page, you should notice that the cost of the fifth night is automatically deducted.

Tip: Easily earn Hilton Honors elite status
One thing I love about the program is how easy it is to earn elite status with credit cards, including both Hilton Honors™ Gold Status and Hilton Honors™ Diamond Status. These tiers offer perks like room upgrades, complimentary breakfast, hotel credits, and more. For example:
- The Hilton Honors American Express Aspire Card (learn more) offers Diamond status for as long as you have the card
- The Hilton Honors American Express Surpass® Card (learn more) and The Hilton Honors American Express Business Card (learn more) offer Gold status for as long as you have the card
- American Express Platinum Card® (learn more) and The Business Platinum Card® from American Express (learn more) offer Hilton Gold status for as long as you have the card (Enrollment required)

Do Hilton Honors points expire?
Hilton Honors points don’t expire as long as you have at least some account activity once every 24 months. Eligible account activity includes earning or redeeming points, so buying points would even reset the expiration of your points.
How much are Hilton Honors points worth?
Everyone will value points differently, but personally I value Hilton Honors points at 0.5 cents each, and I tend to value points pretty conservatively. As you can see, the pricing here is potentially better than what I value these points, and there are lots of ways to get outsized value with this promotion.

Does Hilton Honors have blackout dates?
Hilton Honors doesn’t have blackout dates on award nights, and all standard rooms are available for award redemptions. So this is about as good of a policy as you’ll find with any hotel group when it comes to award room availability.
How else can you earn Hilton Honors points?
There are lots of ways to earn Hilton Honors points, beyond just staying at Hilton properties or buying the points directly. You can easily earn points by using Hilton Honors’ co-branded credit cards, which also offer great welcome bonuses. These cards include the following:
- Hilton Honors American Express Aspire Card (learn more)
- Hilton Honors American Express Surpass® Card (learn more)
- Hilton Honors American Express Business Card (learn more)
- Hilton Honors American Express Card (learn more)
While you can also transfer points from Amex Membership Rewards to Hilton Honors, I tend to think this doesn’t represent a very good deal, given how valuable Amex points are.

Bottom line
Hilton Honors has just launched a best-ever bonus on purchased points, whereby members can receive up to a 120% bonus, which is an opportunity to acquire points for 0.45 cents each. In the past we’ve generally seen bonuses of up to 100%, so this is a better offer than ever before. In fairness, Hilton Honors points have also been devalued a bit over time. With a short term use in mind, there are plenty of situations where this could represent a good deal.
Do you plan on buying Hilton Honors points with a bonus?
100% bonus has been the norm for a while now across most of the big chains. With all the devaluations I've been wondering when/if we'd start to push higher.
I'm a Lifetime Diamond and have watched the Hilton program go from the best value out there (I also have status on Marriott and IHG) to the worst insofar as point earning and redemption go (still the best upgrades but only when staying international - an upgraded room domestically is pretty much just a better view of the parking lot). The old Going Global got you a week at an international Conrad for 100K points...now...
I'm a Lifetime Diamond and have watched the Hilton program go from the best value out there (I also have status on Marriott and IHG) to the worst insofar as point earning and redemption go (still the best upgrades but only when staying international - an upgraded room domestically is pretty much just a better view of the parking lot). The old Going Global got you a week at an international Conrad for 100K points...now the same Conrad is over that for just one day. Just spent two nights at a Salt Lake City Hilton and got a misery 4000 points. The program doesn't drive behavior anymore.
Yeah, Hilton points values have become like IHG... not great.
Best value around with Hilton is still the uncapped FNC via Aspire card.
I just burned some HHonors points on a five night stay at the Hotel Astoria, Vienna. Although it was far from the best hotel I've ever stayed at, it was excellently managed, comfortable, and ideally located. I got about 0.9¢ per point value, which I felt was solid for a good hotel in Vienna's first district during the peak of the summer season.
I bought some points at this price about 18 months ago, and I still have some left. It is all too common that all of their hotels in a particular market have cash prices that are lower than the points price. Occasionally the fifth night free will make it worth it, but not often enough to tempt me to buy more.
I just did this last sale to top-off and book the Nobu in Marrakesh. On it's own it wasn't a great deal (compared to the room rate), but it did allow me to have a 5th night free booking, which made it worth it.
YMMV, but to me buying points only makes sense if you need to top up your account ahead of booking a stay, especially if you are booking 5 nights and can get the 5th night free
Hi lucky;
Love your blog- but how can you keep the points valuation the same across multiple devaluations? That does your readers a disservice.
Frequent miler has done a great job calculating the value by looking at almost all available redemptions. The 90th percentile value of redemptions is noticeably less than .5 cents. Sure there are exceptions but not if you don’t have tremendous flecibilty. Also the value is highest in aspirational properties, not many...
Hi lucky;
Love your blog- but how can you keep the points valuation the same across multiple devaluations? That does your readers a disservice.
Frequent miler has done a great job calculating the value by looking at almost all available redemptions. The 90th percentile value of redemptions is noticeably less than .5 cents. Sure there are exceptions but not if you don’t have tremendous flecibilty. Also the value is highest in aspirational properties, not many can afford that.
https://frequentmiler.com/what-are-hilton-points-worth/
Keep it real please!
Great website, had no idea it existed. Thanks!
100% I don't take the valuations this site seriously. FM's takes a fairly scientific approach rather than picking some value and never changing it.
Ben is the best when it comes to reviews tho
(Ugh, but then you'd be directly/indirectly supporting those corporate shills over at TPG...)
They should call it The Credit Card Shill Guy.
I'm not sure the 0.05/point valuation is still there (don't know if Lucky/Ben has re-evaluated recently). Frequent Miler just did another data analysis (like in the last 2 weeks) that pulled data from a huge amount of actual redemptions and the median value is somewhere closer to $0.04/point or slightly less.
As always YMMV (ie: special "high-end" redemptions IF coupled with the 5th night free, etc.)
Yesterday, I got an e-mail from TPG with a link to flash sale of Hilton Honors points at 125% bonus. The offer was valid for just 4 hours between 12:00 and 4:00 PM.
I stopped reading TPG when he banned reader comments a few years back. The comments are often the best part of any article.