Amex Boosts Hilton Transfers with 40% Bonus

American Express is offering a 40% transfer bonus for Hilton Honors points from Membership Rewards until November 24, 2026. This promotion boosts the standard 1:2 rate to 1:2.8, making it easier for travelers to redeem luxury stays at properties like Waldorf Astoria.

The offer is valid between September 29 and November 24, 2026, with minimum transfer requirements of 200 points and maximums of 499,950 per transaction. Eligible cards include Gold, Platinum, Business Gold, and Business Platinum.

This promotion raises the value of each Membership Rewards point to 0.92p when transferred to Hilton, near airline mile benchmarks. It outperforms buying Hilton points during 100% bonuses, which cost more per point.