Hilton HHonors® Platinum Credit Card from American Express

At a Glance:

Issuer: American Express Intro APR: 2.9% Regular APR: 13.99% APR Type: Variable APR Annual Fee: $0 Application Fee: $0

Rewards: Points Online Application: Yes View More Rewards Cards See More Cards Issued By American Express View Cards With Better Ratings

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Review:

The Hilton HHonors® Platinum Credit Card from American Express is designed for those with very good credit who frequently stay at Hilton Hotels. Through the reward program, cardholders earn three points for every dollar spent on the card for general purchases (a rare benefit, as most reward programs only offer one point per dollar spent for general purchases) and five points for every dollar spent at Hilton Hotels, grocery stores, drugstores, gas stations, restaurants, the U.S Postal Service, and wireless phone bills. Earned points do not expire; however, points are limited to $100,000 in total annual spending. Card users will be awarded two points for every dollar spent on eligible purchases exceeding $100,000. The reward program can be combined with the Hilton's HHonors® reward program, which offers various benefits to cardholders including a chance to earn both points and frequent flyer miles for a qualifying hotel stay. Card users will also receive 10,000 bonus points after their initial purchase, which must be made within one month of approval, 15,000 bonus points after spending $5,000 in 5 months, and up to 10,000 bonus points for their first four stays at any Hilton. In addition to the reward program, the card does offer many of the common benefits and services provided by American Express®, such as auto rental insurance, travel accident insurance, various purchase protection related services, and discounts through the Offer Zone (which provides access to offers, discounts, and special events). There is no annual fee on the card, and a low introductory rate is available for purchases and balance transfers for the first six months (balance transfers must be submitted during the application process). The interest rate for purchases and balance transfers is above average for a reward credit card and is not ideal for those who plan to carry a balance after the low introductory rate expires. Overall, the Hilton HHonors® Platinum Credit Card from American Express is best for those who frequently stay at Hilton Hotels and will be able to take advantage of the reward program as well as the many cardholder benefits provided by American Express®.

Second Opinion:

The Hilton Honors Platinum Card is a personal card offered by American Express. It boasts of no annual fees, gives you 10,000 bonus points with your first purchase with the card, and then gives you the opportunity to earn 2,500 additional points with each of your first four stays at the Hilton Family Hotel chain. Finally, you’ll receive 5 extra Hilton points for every dollar you spend at all Hilton family hotels plus 3 extra Hilton points for every dollar spent elsewhere.

By calculations of our excellent points converting tool, we estimate that 5 Hilton points is equivalent to 4 cents, which means you’re essentially getting 4% cash back, which is a VERY good deal. However, remember that you can only spend these points at hotels, so if you don’t plan on accumulating the 30,000 to 40,000 points needed for a stay, then don’t bother signing up for this card. On the other hand, if you are a frequent traveler and use the Hilton chain, then there is no excuse for not owning this card.

Rates and Fees:

• Introductory Rates: The Hilton HHonors® Platinum Credit Card from American Express has an introductory rate of 2.9%, which applies to purchases and balance transfers and is effective for up to 6 months.
• Purchase APR: After 6 months, when the introductory rate ends, the APR for purchases will be 13.99%. This APR is variable.
• Cash Advance APR: The cash advance APR is 22.99%. Please note that the introductory rate does not apply to cash advances and that the cash advance APR for this particular card is variable. Please also note that the cash advance fee is .
• APR Type: The APR on purchases for this card is variable and the APR on cash advances for this card is also variable. A fixed APR means that it is guaranteed for the life of the credit card and a variable APR means that it could change according to market conditions.
• Balance Transfer Fee: This card does not charge an extra fee for balance transfers at this time. However, this policy may change in the future. Please contact card services if you plan on making balance transfers in the future.
• Annual Fee: The annual fee is $0.
• Payment Grace Period: The grace period for this credit card is 20 Days. This means you have 20 days to pay for your purchase before interest accrues.
• Late Payment Fee: The fee for a late payment is n/a.
• Over-The-Limit Fee: The fee for spending over this card's limit is $35.
• Application Fee: There is no application fee.

Rewards:

• You will earn Points for using this card.
• For every dollar you spend, you will earn 3 points.
• 5 points per eligible dollar spent at hilton hotels, grocery stores, drugstores, gas stations, restaurants, the u.s. postal service, and for wireless phone bills.
• What's the expiration policy for miles? none
• Is there a yearly point limit? $100,000 in total annual spending (2 points awarded for every $1 spent if purchases exceed $100,000)
• card users will earn 2,500 hilton hhonors bonus points for each of the first four stays at any hilton family hotel, which is equal to 10,000 hilton hhonors bonus points. earn 30,000 bonus points when $5,000 is spent in the first 5 months of card membership.

Card Features and Perks:

• No intrusive blackout dates.
• Full Featured Online account management tools.
• Year-end financial statement.
• Up to double the warranty on merchandise bought with card.
• No liability for unauthorized Internet transactions.
• Don't worry. Merchandise purchased with credit card will be automatically insured.
• Access to the Offer Zone for various discounts at numerous retailers and merchants.
• Guaranteed hotel and motel reservations.
• Card replacement in case of emergency.
• Cash replacement in emergencies.
• Complimentary car rental insurance.
• Medical referral services.
• Legal referral services.
• Roadside assistance.
• Free travel insurance for up to $100,000 just by being a cardmember.
• Details and more benefits and perks can be found at the card's website.