Hilton Honors Card from American Express Review
- October 10, 2016
- Posted by: Jeff Gitlen
- Category: Credit Cards
- Earn 7x bonus points for purchases from a participating hotel or resort
- Various travel, entertainment, and consumer service benefits
- Car rental loss and damage insurance
- 15.49% - 19.49%
- Cash Advance APR: 25.49%
- Earn 50,000 bonus points after spending $750 within the first 3 months
- Earn 500 bonus points by using your card to book and pay online at Hilton
- Spend $20,000 in annual purchases and move up to Gold status
Choosing the right credit card can definitely be a daunting task, especially if you don’t know what to look for. American Express offers a variety of different credit card options for you to choose from. Amex is a multinational financial institution that was founded in 1850.
Of all credit card transactions in the United States, American Express cards make up around 24% of the total. They used to have a bad rep for not being widely accepted because of their fees, but recent changes have made them much more popular. One of the most popular cards is Hilton Honors Card from American Express.
Benefits & Rewards
American Express realizes that you have a lot of options when it comes to choosing a credit card. That means that they have rewards and other incentives in place to get consumers to choose their cards. The Hilton Honors card is no exception. They have the typical features that come along with most cards, like the Amex Mobile App and return protection. They also have additional benefits, like the Roadside Assistance Hotline, that will dispatch roadside assistance 24/7 when you need it for no additional charge. Whether you lock your keys in your car, have a flat tire, or need your car towed, they will be able to help!
The biggest perk that comes with this card, however, is the points toward hotel stays in Hilton hotels. During your first three months of being a card member, you can earn 50,000 Hilton HHonors bonus points if you spend $750 in purchases using the card.
You can also earn extra points depending on where you use your card. Receive an extra two points when you shop at superstores, warehouse clubs, U.S. restaurants, grocery stores and gas stations. Receive an extra three points for each dollar spent on eligible purchases. Get another four points when you use the card with a participating hotel. By using your card, you will automatically receive a complimentary silver status. Work your way up to gold status by reaching $20,000 in annual purchases during the calendar year.
Rates & Fees
15.49% - 19.49%
$5 or 3%
Now, let’s take a look at the rates and fees associated with the Hilton Honors Card from American Express. This is probably the part that people are most interested in before they make a decision on a card. First, we will look at the annual percentage rate, or APR. The APR on all purchases and balance transfers made on this card will vary from 15.49% to 19.49%. It will vary based on your credit history and other factors that are used to make the APR decision. If you get a cash advance with the card, however, you will pay a little bit higher interest rate at 25.49%.
If you want to avoid paying interest, make sure that you make your payment within 25 days of the end of the billing cycle. This will avoid interest from being added to your bill. You just have to make sure that you pay the entire balance. Put the date on the calendar each month, and you can avoid paying interest on your monthly charges.
While some cards have an annual fee that is charged to your account each year for being a card member, this card does not have an annual fee. There is also no fee for getting additional cards for authorized users. There are, however a few fees associated with this card. If you make a balance transfer or get a cash advance, the fee will be either $5, or 3% of the total amount. Foreign transactions are also charged an additional fee of 2.7% of the total charge.
There are also penalty fees that you should be aware of. If you have a late payment or returned payment, you may be assessed a fee of up to $37. The good news is that there are no over the limit fees if you happen to max the card out over the credit limit. That means that you really don’t have to pay fees unless you miss a payment or have a returned check.
All in all, the Hilton Honors Card from American Express is a good choice. It doesn’t offer the typical zero interest introductory rate that other cards may offer, but you can earn points for hotel stays from day one. If you want a card that is packed full of rewards for using the card, then this may be the perfect card for you- especially if you enjoy traveling and being able to stay in nice, quality hotels.
Not satisfied? Check out some of the best American Express credit cards that we have reviewed.