You state HHonors points are worth 1/2 cent, but you show the reward rate at 1.5% or 1.5 cents?
Please explain.
nerdwallet
Hi Ric, you earn 3 points for every dollar spent, so if each of those points is worth 1/2 cent, the reward rate comes out to 1.5%.
Glad someone is keeping us on our game though, keep the feedback coming! It's hard work keeping all these numbers accurate
Jerry Alsid
Other than accumulated points, the other benefit which is difficult to monetize (but is indeed a very excellent and worthwhile "reward") is the Diamond VIP status when $40,000 has been spent in any year. The Diamond level is good for a full year after the $40,000 spend.
Don Dirkse
Am I dreaming? I thot I saw something about HHGold requiring reduced points for rewards, particularly for cat. 6&7.
http://www.nerdwallet.com NerdWallet
Not sure if this is what you are talking about, but cardholders do have the opportunity to redeem 4-night stays at Category 5&6 hotels for less points than would normally be required.
A 4-night stay at a Category 5 hotel is 125,000 bonus points rather than 140,000, and the same stay at a Category 6 is 145,000 instead of 160,000.
HH Gold VIPs also earn a 25% bonus credit on stays, but you have to spend more than $20,000 on the card to earn complimentary VIP status (after the first year, which is free).
