**Transfer Amex Points to Hilton Honors with 20% Bonus**
From July 1 to July 14, 2026, the Amex Membership Rewards program in the U.S. is providing a 20% bonus for transferring points to Hilton Honors. Normally, points move between the programs at a 1:2 ratio, but during this promotion, the transfer rate is 1:2.4. Essentially, for every 1,000 Amex Membership Rewards points transferred, you receive 2,400 Hilton Honors points.
There are many excellent credit cards in the United States that earn Amex Membership Rewards points. When transferring Amex points, you can generally expect that the conversion to Hilton Honors happens instantly. Ensure you see the bonus when you initiate the transfer, as it should be shown before your confirmation.
Annually, we typically observe several transfer bonuses from Amex Membership Rewards to Hilton Honors. These bonuses usually range from 20-40%, making this on the lower end of that spectrum. Nevertheless, any bonus is preferable to none.
**Should You Transfer Amex Points to Hilton with a Bonus?**
In my view, I value Amex points at about 1.7 cents each, while I assess Hilton Honors points at approximately 0.5 cents each. Based on my point valuation and the 1:2.4 transfer rate, you’re receiving around 1.2 cents of value per Amex point. While it may not be the most thrilling offer, it’s still reasonable, and could be beneficial for many.
It’s important to mention that my point valuation is meant to be cautious, and there are frequently opportunities to achieve significantly higher value through proper point usage. Just ensure you have a definite purpose in mind. Hilton often sells points at 0.5 cents each, and I’ve discussed some prime strategies for redeeming Hilton Honors points.
However, this is not a method I’d opt for when redeeming my Amex points, particularly considering the numerous Hilton Honors devaluations we’ve witnessed over time, with leading properties now asking for as much as 250,000 points for a standard room.
**Bottom Line**
For a limited duration, the Amex Membership Rewards program is providing a 20% bonus on transfers to Hilton Honors, which translates to a transfer ratio of 1:2.4. This could be a favorable deal if you have a specific use in mind, though personally, I would prefer to gain Hilton points through alternative means and reserve my Amex points for different opportunities.
**Do you plan on transferring Amex points to Hilton with a 20% bonus?**