New 40% Amex transfer bonus for Hilton, 25% Cathay Pacific bonus still alive

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Redeeming your points with Amex transfer partners during large promotional bonuses is often the best way to use Amex points. But whether or not a transfer bonus is worthwhile largely depends on the partner.

Now through October 31, 2020, there is a 40% transfer bonus to Hilton. Let’s take a brief look at what you can do with Hilton points and Asia Miles.

Current Amex transfer bonus deals

Below is a list of the current Amex transfer bonuses which apply to cards that earn Amex Membership Rewards points, like the following:

CardWelcome bonus & minimum spending requirements
The Business Platinum Card® from American Express
Earn 75,000 Membership Rewards® points after you spend $15,000 on qualifying purchases within your first 3 months of Card Membership.
Terms Apply.
American Express®️ Green CardEarn 30,000 Amex Membership Rewards® Points after you spend $2,000 on purchases in your first three months of account opening. Terms Apply.
The Blue Business® Plus Credit Card from American ExpressEarn up to $300 when you make eligible purchases with Dell Technologies, DocuSign and FedEx within the first three months of Card Membership (up to $100 per merchant, in the form of statement credits). This offer will run through November 4, 2020
The Platinum Card® from American Express
60,000 Amex Membership Rewards® points after spending $5,000 on purchases within the first three months of opening your account. Terms Apply.
American Express® Gold Card35,000 Amex Membership Rewards® points after spending $4,000 in purchases in the first three months of account opening. Terms Apply.
American Express® Business Gold CardEarn 35,000 Membership Rewards® points after you spend $5,000 on eligible purchases with the Business Gold Card within the first three months of Card Membership. Terms Apply.
Amex EveryDay® Preferred Credit Card from American Express
15,000 Amex Membership Rewards® points after spending $1,000 on purchases within the first three months of opening your account. Terms Apply.
Amex EveryDay® Credit Card from American Express10,000 Amex Membership Rewards® points after spending $1,000 on purchases within the first three months of opening your account. Terms Apply.
The information for the Amex EveryDay Preferred Credit Card and Amex EveryDay Credit Card has been collected independently by Million Mile Secrets. The card details on this page have not been reviewed or provided by the card issuer.

To see which deals your Amex Membership Rewards account is eligible for follow these steps:

  1. Log into your Amex account
  2. Select one of your cards that earns Amex points
  3. Click “Explore Rewards”
  4. Then select “Transfer Points”
  5. To see all your transfer options click “View All”

Any transfer partner targeted for a bonus will have the offer listed.

40% transfer bonus to Hilton

Expiration date: October 31, 2020 Transfer ratio: 1,000:2,800

Amex points regularly transfer to Hilton at a ratio of 1:2 (1 Amex points = 2 Hilton points). With this bonus, you’ll earn 2.8 Hilton points for every Amex point you transfer. What does this mean for you?

The 60,000 bonus points you’ll earn after spending $5,000 on purchases in the first three months of account opening The Platinum Card® from American Express could equal 168,000 Hilton points! There is no Hilton award chart, but Hilton prices its hotels between 5,000 and 95,000 points, depending on hotel quality (there are a few exceptions).

We estimate that Hilton points value averages around 0.5 cents each, so you’ll get a value of 1.4 cents per Amex point by taking advantage of this transfer bonus. However, we estimate Amex points value to be around 2 cents each. So, if you plan to transfer your Amex points to Hilton, you’ll want to ensure you’re receiving a value of AT LEAST 0.7 cents per point for your stay.

Use this Hilton transfer bonus to stay at the Grand Wailea Maui, A Waldorf Astoria Resort, for cheap. (Photo courtesy of Hilton)

Even so, this bonus isn’t strong enough to convince many of us to transfer our points to Hilton. There are many more valuable ways to use Amex points (namely for unbelievable business and first class seats on airlines), so unless you’re desperate for Hilton points, maybe better to simply open a Hilton credit card to accrue points. They’ve got gigantic bonuses, after all.

Cathay Pacific Asia Miles 25% transfer bonus

Expiration date: Dec. 31, 2020 Transfer ratio: 1,000:1,250 Good deal or not: Asia Miles is a solid currency. You can receive good value from them, though their award chart isn’t stellar. What does make their program stand out is that they offer increased award availability on Cathay flights when booking through Asia Miles, so you’re more likely to find that coveted first or business class seat.
Use Asia Miles to book business class flights on Cathay Pacific’s Airbus A350. (Image by JT Genter)
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Featured image by JT Genter

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

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Chris
7 months ago

well, it’s 1/22/20, and the 25% bonus transfer does not appear on amex rewards website.

chris
9 months ago

How do those of us that can only book through our company portal (concur) but want to utilize amex miles to upgrade get around that?