(UPDATE 3/14: Reposting as the last day to do this is on Friday March 16th)

With over 4,800 Hilton hotels worldwide, you’re likely to find one that fits your needs when planning your next vacation. And your next vacation might be closer than you think, now that Hilton is offering a 100% bonus on purchased points for some users from now through March 16th.

Targeted 100% bonus offer

Many Hilton members are reporting an 80% bonus on buying points, but cardholders of the Hilton Honors American Express Card are reporting a 100% bonus on points.  This is the highest offer for buying points that I had seen, and matches a similar offer from May 2017.  Those without the card are reporting an 80% bonus

I would imagine that many of you already have a Hilton Honors American Express Card – you can find the signup bonuses for these cards over on our top credit card offers page

(SEE ALSO: Taking a Closer Look at the New Hilton Cards from American Express)

(SEE ALSO: Should you Keep Your New, Blue Hilton Cards?)

You can access the Hilton purchase points page and check whether you have an 80% or 100% bonus here. Let’s examine the math and see if this makes sense.

Normally, Hilton points cost $10 to purchase 1,000 points (tax included), for a purchase price of 1 cent per point. That might seem cheap, but remember, Hilton points are only worth about half a penny each, so at the normal rate, your paying double the value. At the normal rate, it doesn’t make sense to buy Hilton points.

(SEE ALSO: The 5 best uses of Hilton points)

(SEE ALSO: How to transfer Hilton points to friends and family for free)

What about with the 100% bonus? You’ll need to purchase at least 5,000 points, so for $50, you’re getting 10,000 points. That brings the purchase price to 0.5 cents per point, which is actually pretty close to the value. This is much better than the normal rate.

You can buy a maximum of 80,000 Hilton Honors points per year, so if you were to max out this promotion, you’d be buying 160,000 points for $800.

To answer the question, “should you buy Hilton points with a 100% bonus,” my answer is yes, IF you have a redemption in mind. I’m generally against buying points speculatively but it can make sense ONLY if you have plans for them and buying points makes it cheaper than using cash.  You may be better off by paying cash for your stays and participating in the Winback promotion which may get you 50,000 Hilton points

You can get your 100% bonus on Hilton points here.  If you purchase through this link, we may receive a commission.  Only buy points if it makes sense for your situation

Will you buy Hilton points with an 100% bonus? If so, what are you planning to use them for?

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