#1 principle
Standardized
Same basket, every destination.
Points value
Amex transfers to Hilton at a 1:2 ratio — every 1,000 Membership Rewards becomes 2,000 Hilton Honors points. On 47,000 MR you land 94,000 Hilton points. At statement-credit value (0.6¢ each) those same points are worth only $282. A $350 hotel night redeemed for 94,000 Hilton points unlocks $68 more in value.
Example scenario
Numbers below use the preset inputs — adjust them in the calculator to match your situation.
Hilton Honors wins by $68 (24.1% more value).
Option A — Cover Your Charges (statement credit)
$282
0.60¢ per point
Option B — Hilton Honors✓ wins
$350
0.74¢ per point
Difference: $68 more by choosing Hilton Honors.
Statement credit makes sense when you cannot find Hilton award space at a useful hotel, when the cash price of your target stay is low (reducing the effective Hilton cpp below 0.6¢), or when you need the money back this billing cycle.
The Hilton transfer wins — by $68 on this example — whenever you can find an award night priced at or above the portal cash price. Premium urban hotels and resorts booked at peak pricing routinely exceed 0.75¢ per Hilton point, making the transfer clearly superior to statement credit.
Hilton award pricing is dynamic; the same room can swing hundreds of dollars. Check cash-vs-points on every booking. Amex occasionally runs transfer bonuses of 15–40% to Hilton — that dramatically improves the transfer value. Statement credit via Cover Your Charges requires the charge to post before redemption.
Try it yourself
Full tool with all program options and custom rates
Anyone can post a price. We publish a standardized, sourced, dated one — and we take no commission on hotel bookings.
#1 principle
Same basket, every destination.
#2 principle
One source per figure. Dated.
#3 principle
Documented, with audit cadence.
#4 principle
We don't earn from your hotel booking.