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HHonors special - purchase up to 160K, get 160K free

RX8

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I've never purchased Hhonors points before, and not really interested right now, but I received an e-mail about this special. I think the general consensus is that HHonors points are valued at about 1/2 cent (could be more or less depending on the value you are getting when redeeming).

So if one was to purchase 160K points they would get 160K free for a total of 320,000 points which would cost $1600. 320,000 X 1/2 cent is $1600 so it looks like the purchase price is about the true value. Even with the special, it doesn't look worth doing unless you think you could get a high end location in return for the points.

Am I missing anything?.

upload_2019-10-10_13-26-19.png
 

lds337

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I got the same email. Only thing I think you missed was deleting the email.

Never really makes sense to buy points unless your close to fulfilling a redemption of other points.

If I was short 10k points for a major use of points I wold consider buying the missing points to complete the reservation/ transaction.

Otherwise it’s probably a bad idea most of the time.


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jjking42

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I bought points for a high end stay last year . Its not a good idea for the local hampton inn but if you want to stay at the waldorf it might work out. I pay cash any time its cheaper than 1/2 cent per point
 

pianodinosaur

TUG Review Crew: Veteran
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I've never purchased Hhonors points before, and not really interested right now, but I received an e-mail about this special. I think the general consensus is that HHonors points are valued at about 1/2 cent (could be more or less depending on the value you are getting when redeeming).

So if one was to purchase 160K points they would get 160K free for a total of 320,000 points which would cost $1600. 320,000 X 1/2 cent is $1600 so it looks like the purchase price is about the true value. Even with the special, it doesn't look worth doing unless you think you could get a high end location in return for the points.

Am I missing anything?.

View attachment 14525
I don’t think you are missing a thing. I got the same email and deleted it. It makes much more sense to rent a hotel room using you HHONORS American Express credit card and earn the points that way.
 

brp

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I bought points for a high end stay last year . Its not a good idea for the local hampton inn but if you want to stay at the waldorf it might work out. I pay cash any time its cheaper than 1/2 cent per point
Yeah, this. It can make sense if you have a particular near-term redemption in mind where you can do better than the cost. However, to buy and hold, even if it seems a good deal, is often not due to potential devaluation over time. And, yes, it can make more sense to do that than paying for a room under the right circumstances, even a Hiltoin Amex card.

Cheers.
 
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