Membership Rewards offering a 33% transfer bonus to Hilton HHonors… and why you shouldn’t take advantage of it

Membership Rewards seems mighty generous this holiday season, as they’re offering several transfer bonuses at the moment. They’re offering a 35% bonus for Virgin Atlantic Flying Club transfers through December 28, and offering a 30% bonus for British Airways Executive Club transfers through January 14, 2013.

This bonus is valid through January 31, 2013, and offers a 33% transfer bonus from Membership Rewards to Hilton HHonors. Through this promotion the transfer ratio is 1,000 Membership Rewards points to 2,000 Hilton HHonors points.

However, nobody should take advantage of this. As I said earlier, there’s a 35% transfer bonus to Virgin Atlantic Flying Club, and their miles can be converted to Hilton at a 1:2 ratio. That means by first transfering your Membership Rewards to Virgin Atlantic, and then from Virgin Atlantic to Hilton, you get a 1:2.7 transfer ratio.

 

Funny enough I actually made exactly this transfer last night. I had roughly 55,000 Virgin Atlantic miles (from their credit card sign-up bonus) and transfered 108,000 Membership Rewards points to Virgin Atlantic, for a total of 200,000 miles. Then I called Virgin Atlantic to convert those into 400,000 Hilton HHonors points, which should post within a week or so. This will fund a few AXON awards for me.

(Tip of the hat to Gary)

Comments

  1. mitch says

    Lucky, do you consider Virgin miles to have any substantial in their own merit or would you only acquire them for their pass through purposes to Hilton?

  2. stacey says

    Hey Lucky,

    400K … wow. So are you stringing together 3 AXON’s or taking them separately? (Koh Samui anyone?)

    Funny, I’m deciding right now whether to liquidate my Virgin account to Hilton like you did. I can’t say I like paying the fuel surcharges, but it’s one of the only non-stops from LAX to Europe that you can actually find availability on in Business with a sleeper…. or am I missing something??

    Thanks!

    Stacey

  3. lucky says

    @ stacey — Just have Koh Samui planned in the immediate future, but I’m sure I’ll have more stays coming up as well.

    If you don’t mind paying the fuel surcharges then Virgin Atlantic is a decent program with the 35% bonus, since I do like Upper Class. In the past I would’ve transferred to Hawaiian to avoid the fuel surcharges, though now they greatly devalued their award chart, so that’s not practical anymore.

    So if you value being able to fly Upper Class then the transfer might not make sense for you.

  4. stacey says

    Cool! For Koh Samui would you string 2 AXON’s together for an 8 night stay? Or put together an AXON with your 2 free weekend nights?

    Regardless, I like the idea of stockpiling a few AXON’s in the Hilton account so think I’ll get to work on this…

    Thanks!

  5. lucky says

    @ stacey — Four days is about the limit for how long I’ll stay in one place, though it would be a great place to stack two AXONs or an AXON and two free nights from the card.

    Just keep in mind Hilton points are fairly likely to be devalued, given that they’re printed as quickly as SkyPesos. So I wouldn’t plan *too* far into the future.

Leave a Reply

Your email address will not be published. Required fields are marked *