The Much Anticipated New/Revamped Line of Hilton Honors AMEX Co-brand Credit Cards Just Went Live!
My theory about AMEX "embargoing" all news and blogposts related to their co-branded HH cards just got a confirmatory boost!
There have now been at least two blogposts on the AMEX HH Ascend card (formerly the Surpass card) that coincided with the appearance of a commission-earning link for the same card on at least one travel blog. What this means is that AMEX has now lifted the embargo and released a commission-earning link for the Ascend card, thereby freeing travel bloggers to capitalize on it...
The next card to be de-embargoed should be the Aspire card, which is the more interesting and compelling new offering.
The lifting of the embargo means that we will now start to be bombarded with the claim (like here) that the signup bonus of 100K HH points offered for most of these AMEX HH cards has a monetary value of $400-$500, based on the average REDEMPTION value of HH points of 0.4-0.5cpp. The only problem with the claim is that it is based on "fuzzy math" nonsense, and is, thus, utterly bogus.
First, one is not redeeming the 100K signup bonus points; instead, one will earn the 100K bonus points after spending the required minimum. Therefore, it is completely mindless to use the average REDEMPTION value of HH points to estimate the monetary value [i.e. cost] of 100K HH points on the EARN side. If that confuses you then just thing about it this way: there is no place in the universe where one can purchase or EARN 100K HH points by spending $400-$500. Heck, a $5K revenue stay would manage to earn only half as many base points! In short, the claim that the monetary value of 100K HH points on the EARN side is $400-$500 is just nonsense.
Second, and perhaps more important, anyone -- like @gleff -- who can manage to get a redemption value of just $400-$500 out of 100K HH points isn’t playing the game with a “full deck” and should hang it up, because one can easily fetch a $1000+/night room at, e.g., Conrad Maldives Rangali for “just” 95K HH points; or use the 100K HH points to book a 5-night award stay (with the 5th night free) at a $200/night hotel for a monetary value of $1000 (i.e., 2x the claimed value!).
The simplest lesson to remember is that points currencies do not have a monetary value until they are redeemed.;)
I have just received the 100,000 Hilton Honors signup bonus points for the Aspire Card, not by doing "manufactured spending", but by booking advance purchase rates at properties where I know I will be staying for sure to attend conferences for which I have already registered: Hilton Grand Vacations in Hawaii and Hilton Paris Opera. The two are extended stays that will cost more than the required minimum spend of $4K. It took just 3 days after I met the minimum spend requirement for the 100K points to post to my HH account. I also got my first Hilton Honors bonus points (33K) on the Aspire at 14/$ from AMEX for one of the two AP bookings:
How good is this the Aspire Card? Here are key travel benefits, including a complimentary HH Diamond Status, a credit of up to $250 to offset the universally hated resort fee, a $250 airline credit, and unlimited Priority Pass Select visits for up to 2 guests:
The AMEX Hilton Honors Aspire Card Offer Terms and Benefits
A. OFFER TERMS
100,000 Hilton Honors Bonus Points
Earn 100,000 Hilton Honors Bonus Points after spending $4,000 on purchases on Card in first 3 months of Card Membership starting from the date account is approved.
B. BENEFIT TERMS (selected)
Hilton Honors Complimentary Diamond Status
$100 Property Credit
$250 Hilton Resort Credit
$250 Airline Fee Credit
Annual Weekend Night Reward from Hilton Honors
Hilton Honors Bonus Points on Eligible Purchases
You will receive 11 additional Hilton Honors Bonus Points, for a total of 14, for each dollar of eligible purchases charged directly with a property within the Hilton portfolio, including bookings and incidental charges.
No Foreign Transaction Fees
Premium Global Assist® Hotline
Premium Roadside Assistance
Priority Pass Select- Unlimited Visits
Weekend Night Reward from Hilton Honors
· Baggage Insurance Plan
· Car Rental Loss and Damage Insurance
· Extended Warranty
· Purchase Protection
· Travel Accident Insurance
and much more...
You don't got the Aspire Card yet? Then get it!