Good afternoon everyone. I was just going through my recent American Express credit card statements and stumbled upon this upcoming change to the $250 Hilton Resort Credit and point transfers for the American Express Hilton Aspire Credit Card. Effective May 1, 2020, American Express may reverse statement credits earned if your eligible purchase is returned / cancelled (aka, if you book a refundable hotel reservation to earn the credit, then later cancel the hotel reservation). American Express may also reverse the statement credit for “abuse” or “misuse” of the benefit and if you do not maintain the eligible card for the entire year (aka, if you downgrade or close your card before the year is over). These are some pretty specific warnings from American Express.
In addition, American Express also announced changes that go into effect on May 1, 2020, regarding when your Hilton Honors points will be transferred from American Express to your Hilton Honors account. After May 1, 2020, you may have to wait up to 12 weeks for the Hilton points to post to your Hilton Honors account. That is an extremely long time to wait for Hilton points considering currently earned Hilton points show up within a week of your credit card statement closing.
These are both very negative changes to the American Express Hilton Aspire Credit Card, but we have almost 2 months until the changes go into effect. If you have any questions about these changes, please leave a comment below. Have a great day everyone!