Why I Got the Hilton Surpass Credit Card
Up until now, Hilton Hotels had co-branded credit cards with both Citi Bank and American Express. As of 1/18/18, Hilton cards will be exclusively issued by Amex; all Hilton Citi cards were phased out over the summer of 2017.
As part of this re-branding, Hilton and American Express are getting rid of the current cards and will be issuing new ones. Since Amex's Hilton cards will cease to exist by January 2018, their big sign-up bonuses will be gone too.
Luckily I was able to find a referral link to the Hilton Surpass card where I would receive 100,000 Hilton Honors points after spending $3,000 in the first three months after opening the card, and an additional 25,000 points after spending $1,000 in the first six months.
Having the card also gives me automatic Hilton Gold status which can come in handy if I want to use it for status matching.
Besides knowing that this was a limited-time offer, the cash value of the points I would receive convinced me that this was a no-brainer. The card has an annual fee of $75 that is not waived the first year. So you're getting 125,000 points for $75, which is 0.06 cents per point.
How could you use those points?
One of my favorite Hiltons is the Hotel Del Coronado down in San Diego. For a standard queen room in April, they charge $309 a night or 63,000 points
Assuming you pay with points and keeping in mind that those points cost you 0.06 cents each:
0.06 cents x 63,000 = $37.80
So you're now getting a $300 hotel room for a little under $40. There is about $30 in fees in addition, but you would have to pay that regardless of whether you used points or not.