Amex to Hilton: 40% Bonus on Points Transfers Until 11/24

American Express is offering a 40% transfer bonus on Membership Rewards points converted to Hilton Honors points — the first bonus on this pair since 2022 (which topped out at 30%). This limited-time offer runs from September 29 to November 24, 2026.

Who Is Eligible?

This promotion applies to the Membership Rewards-earning cards named on the offer:

• American Express Gold Card
• The Platinum Card from American Express
• American Express Business Gold Card
• American Express Business Platinum Card

Transferred points cannot be reversed back to Membership Rewards once converted.

Key Points of the Offer

• The bonus runs from September 29 through November 24, 2026.
• Minimum transfer of 200 points.
• Maximum transfer of 499,950 points per transaction.
• Transfers must be made in increments of 50 points.
• Hilton Honors bonus points don’t count toward earning or confirming elite status.

1,000 Amex points = 2,800 Hilton points (instead of 2,000).

How the Transfer Bonus Works

• The standard transfer ratio from Membership Rewards to Hilton Honors is 1:2.
• With this 40% bonus, every 1,000 Membership Rewards points yields 2,800 Hilton Honors points instead of the usual 2,000.
• Transfers must be made in increments of 50 points, not the 1,000-point increments required under past offers.

Standard points typically post to your Hilton Honors account within five business days, but the bonus portion posts separately and can take up to 20 days — plan around the slower bonus posting if you’re racing to book a specific award.

Where to Find the Transfer Option

Eligible cardholders can access this promotion by logging into their Amex account, navigating to the Membership Rewards section, and selecting Hotel Transfers under Hilton Honors.

When It Might Make Sense to Transfer

• You have already exhausted your annual points purchase limit.
• You see a great deal on a Hilton stay and have no other use lined up for your Amex points.
• A traveler plans to book Hilton stays where the redemption value exceeds the cash rate.
• For high-tier Hilton members (Gold or Diamond status) who can maximize benefits like free breakfast and room upgrades.
• When booking four nights with points, elite Hilton members starting from Silver status receive the fifth night free, stretching points further on premium stays.

Example: Say you need 100,000 Hilton points for a 5-night stay. Instead of transferring 50,000 MR points at the standard 1:2 ratio, you now only need about 35,715 MR points at 1:2.8 — over 14,000 MR points saved compared to transferring without the bonus.

Keep in mind that airline transfer partners often offer a higher value for redeeming points for member rewards. Some travelers may also get a better rate by booking hotels through Amex Fine Hotels & Resorts, which includes additional perks.

Conclusion

This 40% bonus is the richest Amex-to-Hilton transfer promotion since 2022, and it pushes the effective value of a Membership Rewards point transferred to Hilton close to 0.92p — near airline-mile territory for a currency that usually earns a weaker hotel redemption. It still makes most sense when your goal is specifically a luxury Hilton stay (especially one where you can stack the free fifth night), rather than as a default move for points you haven’t earmarked yet.