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Old Oct 23, 14, 1:30 pm   #1
mia
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ThankYou to HHonors transfer bonus to 1.8.2015

The standard transfer rate is 1000:1500
The promotional rate is 1000:2000

Quote:
For a limited time, enjoy 2 Hilton HHonors™ Bonus points for every Citi ThankYou® Point you transfer. Offer ends 1/8/2015.
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Old Oct 24, 14, 6:23 am   #2
 
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This is a good indicator of a potential HH devaluation coming soon. Anybody else also thinks the same?
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Old Oct 26, 14, 9:42 pm   #3
 
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Quote:
Originally Posted by jeelele View Post
This is a good indicator of a potential HH devaluation coming soon. Anybody else also thinks the same?
Given recent experience, the best indicator of a coming HHonors devaluation is the inexorable passage of time.
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Old Oct 27, 14, 12:12 pm   #4
 
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They ran this promo last year also. TY points generally have much more value than HH points and that is the problem.
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Old Nov 15, 14, 1:06 pm   #5
 
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Quote:
Originally Posted by beltway View Post
Since nobody has mentioned it here, I'll note that HH transfers have been bumped up to 1 TYP:2 HH until 1/8/15. See ThankYou to HHonors transfer bonus to 1.8.2015. (Still not worth it IMO, but may be of use to some folks.)

I've added a note to the wiki.
Can anyone provide thoughts on this promotion and if it would yield a decent CPP redemption rate vs flying on SQ?
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Old Nov 15, 14, 1:41 pm   #6
 
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Quote:
Originally Posted by JBG89 View Post
Can anyone provide thoughts on this promotion and if it would yield a decent CPP redemption rate vs flying on SQ?
Valuation of HH points is fairly OT here, so I'll summarize:
  • HH points have a default value of ~1/3 cent.
  • There are some sweet spots -- cat 1 & 2 properties, especially the resorts in Egypt -- where award redemptions can yield well above 1c/point.

There's a ton of existing discussion in the Hilton forum on the subject (in multiple threads, unfortunately), and any detailed discussion belongs there, not here.

Given that TYP, if redeemed with any intelligence whatsoever, are worth at least 1c/point (and in many cases appreciably more), transfers to Hilton are a generally poor deal unless you have a sweet-spot redemption planned and/or are just a few thousand HH points short of a desired award redemption. (For an exhaustive treatment of Hilton reward options, see link in my signature block.)
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