The UPDATED Hilton Business Credit Card and What You MUST Know (2024)
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- čas přidán 4. 07. 2024
- On March 28th, 2024, American Express updated the Hilton Honors Business credit card. They raised the annual fee to $195, revamped the multipliers to include a 5X everything else category up to $100k in spend, then 3X, added a $60 quarterly Hilton statement credit, and added other benefits as well.
But they also removed some benefit on the card, including the spend $15,000 to get a Hilton Free Night Reward as well as the 10 Priority Pass Select Memberships per year.
Even though these beloved benefits are going away, they are not going away immediately, these benefits will expire on June 30th, 2024 so it’s critical to have a plan and a strategy to maximize value until then.
We explore these new updates and more in this video so sit back, relax, and enjoy this casual, conversational-style video about the new Hilton Honors Business credit card, and what it means for us moving forward.
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📚 Chapters:
00:00 Intro
00:50 Card Overview
05:16 Is the Welcome Offer Good?
09:10 No More $15k Free Night?!
10:48 No More Priority Pass
12:11 Is This a Good Catch-All Card?
15:33 The Strategy Moving Forward
20:12 Final Thoughts
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Some of the products that appear on this website are from companies from which I will earn an affiliate commission or referral bonus. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
I am not a financial advisor, accountant, or lawyer and do not provide financial, tax, or legal advice. This video and any ideas presented in it are my opinions and are provided for entertainment purposes only. Please do your own research and consult your own financial, tax, or legal professional for specific advice.
#creditcard #americanexpress #hilton
I like your videos where you’re not reading off a script 👍
Thanks! Hopefully will transition to this style for all my videos but it’s a process.
Never a dull moment in the Credit Card game SOMEHOW 😂😂😂
Yeahhh the first thing I did when I ran out this morning, was reading the fine print and finding out that June 30th date hiding in there, they always have something they don’t want the to be fully public facing, makes sense.
Good stuff Stan! I liked your thoughts towards the end, for sure many other cards to put that $8k towards, but hey, each card is valuable year 1 with the welcome offer!
For sure Tony! Great job getting your video out as well as the community post. There's always some hidden magic in the T&Cs, and thanks for letting me know about it when I got up this morning. You East Coast people have the news advantage! Yeah, it does seem like a nice catch-all card, but there are tons of other cards out there that are much better for spend, and the Hilton Business card is an Amex card so, by default, not a great option for catch-all since you can't reliably use it overseas.
These changes aren't good. Without the ability to earn a free night certificate, I think Amex will see many people canceling this card. The personal cards are better. Good video Stan 👍🏾
I agree. Mostly negative for sure. The $15k FNR benefit loss was huge. Like you said, personal cards are now the way to go. Appreciate it JP!
Stan coming out with the content QUICK! 🔥 As someone without the Platinum card, the main reason I’ve wanted this card is for Hilton Gold status without adding to my 5/24 count. I could still justify it by liquidating the Hilton credits, but overall the card definitely got a big nerf here.
Haha, thanks Spencer! If you can get this card before the $15k FNA disappears on 6/30/24, that would be ideal, but of course, only if you can meet that spend organically. The welcome offer on this card kind of sucks. Better to get the Surpass, but you're probably like me and want to go up the Hilton ladder starting with the regular HH card since family language is coming, we just don't know when!
@@TheCreditFrog yeah that welcome offer nerf hurt. I was banking on them buffing that. I may just garden my 5/24 status, forget about the business card and eventually work up the Hilton ladder on the personal side, we’ll see!
Spencer you should loose cool points...for hating on the Platinum
@@SpencerJohnsonOfficial I would garden, the Hitlon Surpass and Aspire are some of the best credit cards in the game.
@@angelamunson7383 Well the Platinum isn't for everyone!
Thank you for the quick content
You're welcome! I had to haul butt today.
Your videos are so helpful. Thanks for the quick update!
Also you mention by the 1st quarter $60 by buying Hilton gifts card. How do I do that? Because if I book a Hilton hotel the credit would probably not post by 3/31/24. Thanks
You're welcome Phuong! Glad you enjoyed the video!
First in the game to keep us updated 💯
You bet Oli & Kay!
Great info here Stan, and nice work getting this video released in record time. This card is certainly less appealing to me now, but I’m not writing it off just yet. You make a great point about still being able to get the FNR and stacking it on top of the new welcome offer.
Thanks so much Joshy! Yeah, I think for now you can certainly get some value while the 15k FNR is still available. But I would say it gets more questionable once the old benefits expire! In any case, year 1 could still be good, but the Surpass is much more appealing now!
I love your podcast firm videos.
What’s crazy is I was about to apply for the Hilton biz THIS WEEK before this.
Thanks! Yeah I had to get this one out kind of fast lol! Ah man, not sure if that would be better or worse if you applied before the changes. But at least now you can make a more informed decision!
Thank you!
You're welcome!
Just applied for the no af Hilton card since I already have the surpass and I'm expecting the family language soon. Now I'm thinking I should've tried to get the old version of the business card. Oh well, hindsight is always 20/20. Great video Stan!
I think you made the right call. Unless you could have met the $15k FNR in a short amount of time, you're not really missing out. In fact, now that you have the HH regular card, you can get the HH Surpass card, and that card IMO is much better than this updated Hilton Business card!
Thanks for the info. I only got it for the bonus. Definitely canceling next year
You're welcome Ty! Yeah, year 1 is good, but if you don't find value, time to say goodbye to it!
saw this on OMAAT, Frequent Miler & TPG post earlier... even these 3 were not thrilled about these changes 😂
100% agree with your approach
Thanks! Yeah I think we’re all disappointed with the loss of the hotel benefits in favor of a spending multiplier.
Awesome video Stan, you're spot on with the near-term strategy to get value from the card. My wife has the card and after we get those Q1 and Q2 credits, it'll almost certainly be a cancel. I feel like even for bigger businesses that spend/redeem a lot at Hilton, the value proposition of the card significantly dropped with the removal of the FN for $15k spend. The 5x catch-all multiplier definitely doesn't make up for it in my mind haha.
Thanks Monty! Yeah, this card is a cancel after you get the credits. Unless you're really gunning for *just* Hilton points, I have no idea who would realistically use this card when there are so many other cards out there that offer a better value proposition on that spend. I guess if you stay at Hiltons a LOT, like the business road warrier, I can see a use for this card, but that would be for the Hilton credit and the $60 quarterly credit, not the 5X category.
Swapping FNCs for higher multipliers is an obvious move to reward big spenders or big spending businesses, which is what they want on this card. If you max it out, 200K extra points is pretty equivalent to 2 FNCs. You can book the majority of Hilton properties for 100K points or less. Hilton gets more transaction fee revenue, customers get similar value with a lower fee thanks to the credit, and the cards costs Hilton less by not giving out too many FNCs. At least that’s how I’m reading these changes
That's a very astute observation Royce! Yeah, if they maxed out $100k spend, there will certainly be enough points for 2 FNAs - and there wouldn't be the standard room reward restriction (vs. premium room reward). It seems like a win-win in that scenario, but only for those very high spending businesses. $15k is still a lot of money on one card in a year, and I think a little more achievable for most people. I think Hilton just wants larger spend businesses, but no smaller businesses. And no businesses that use the shipping multiplier.
@@TheCreditFrog But what about us gamers?!?!? Why won't they think of us!!!! :)
I know Dugroz! So rude of them.
@@TheCreditFrog Hilton sees how successful Delta is with their co-branded cards and wants to do the same. They can give the illusion of higher value with a huge multiplier for everything while still cutting costs. Really smart honestly
@@royce1510 Dang, yeah they’ve really thought this through, which is why they’re so successful!
Great vid! I thought for a few moments about a usecase for using it for big ticket items -- new washing machine, video game console, etc. Things that ususally don't have a category of 5x or more. Assuming it still has purchase protection and warranty extension. But then I thought, nah, holding a card and using coupons just for that ain't worth it.
Thanks Dugroz! Haha! Exactly! I mean, if you wanted to go for the welcome offer, plus get to that $15k Hilton FNC, I don't think that unreasonable. But the issue is the only spending target is $40k for Diamond on this card which is useless. Yeah, you could keep getting the Hilton credit on this card, but almost every Amex card has some sort of credit now so it builds up quickly! I have this card and the Business Gold and both used to have no credits and now I have a surprise monthly on the Business Gold and a surprise quarterly on this card, and I didn't ask for that!
When the first positive was you talking about it being a metal card, I knew you were going to have a hard time finding a lot of positives w/the changes 🙂.
Card definitely got worse, but you definitely pointed out good ways to make lemonade out of lemons for those who have the card 👍🏽.
Lol! I use the negative feedback sandwich. Start with a positive, then negatives, then finish with a positive. Oh wait, I forgot that last part 🤣! Yeah, at least Amex was nice and gave us a 3 month grace period to exit out of the card if we wanted to. Pretty sure a lot of us are going to jump for that emergency exit as June 30th, 2024 approaches!
I like Wyndham, but I’m here to support the channel !
Yes! That Wyndham Business Earner card is pretty 🔥
Loved the discussion on strategy. So many videos just read off the benefits. I have 5 of these cards (there were many NLL links) and will cancel them, after I milk out the FNC and a bunch of gift cards.
Appreciate that man! Yeah, I try to make the information as practical as I can! Dang, you have a LOT of Hilton business cards. Time to downsize for sure! Also, whoa so many Dominoes!
Definitely agree with you here that a huge priority going forward with this is going to be to try to see if you can hit the spend cap for the FNA before 6/30 (high upcoming expenses), and if not, I honestly don't really think this Card is all that worth it, and would prefer sticking with the Surpass at this point. Of course if you already have a card like the Amex Plat and so Gold Status doesn't matter, then that's the icing on the cake. Great video as always Stan!
Thanks Matt! Yeah, the FNR was a really great selling point on the card, and to replace it with a 5X everything else Hilton multiplier doesn't really make up for it. The only spend target now is the $40k for Diamond status which is a waste of money tbh. There are a lot of other catch-all cards that are better choices. It was good while it lasted. On the flip side, Amex made their Surpass card look way better by nerfing the Business so there's that too 🤣. Since you have the Surpass, that must feel nice haha!
The Hilton Surpass comes out ahead for sure, I just product changed my Hilton Honors to a Hilton Surpass this evening. There is so much value and categories to build Hilton points, I look forward to using the card and racking up Hilton points!
That's awesome Shawn! Hope you got a great upgrade offer to go along with that. The Hilton Surpass is probably my target card when it comes to the Hilton program - it's the only Hilton option left for a $15k FNC!
Great video, Stan! Was considering canceling this card anyway, as I'm moving more toward Marriott/Hyatt/Chase, but these changes just sealed the deal, unless they can get me one hell of a retention offer
Thanks Ken! Yeah, there are a lot of other hotel chains to explore so as Hilton has become more statement credit happy on their credit cards, probably worth it to see if there are greener pastures elsewhere!
Got in Jan, the update is a bit a let down but I will plan to comtinue with it next yr, comsidering I put business spend on this card which is its purpose and stacking hilton pts.
Hey, that means you have 2 extra months to work on that $15k FNR spend right? Also, if you plan on stacking Hilton points, this may be a good update for you to get 5X instead of 3X so that's worth something!
Still like Hilton -BUT - moving my $15K spend on the BIZ card elsewhere. I'll be cancelling this card for sure. Thanks for the info + video!
You could always try to get it in before 6/30/24! But yeah, if you can't, I would move it elsewhere. Of course, Jimmy James!
Nice video Stan. $195 AF and no FNC after $15K spend - No thanks, will be canceling after AF hits on card in May. Will keep only the Aspire.
Sounds like a plan Juan! Yeah, once I get my $60 credits, I'm going to bounce too. Time to start playing the Hilton credit card ladder. I'd probably end up with the Surpass long term.
The changes actually help my business because most of my spend was in the base 3x category before. Now I am spending thousands each year and will get 5x on that spend. In addition, I utilize Hilton properties most years and will be able to get the credits on property multiple times a year. The remaining quarters I do not travel, I will buy gift cards to trigger the quarterly credit and save the gift cards for the next stay at Hilton.
Hey, that's great! There are certainly situations where the changes may benefit your use-case for the card. Especially if you stay at Hiltons often, you can organically get those credits, which is nice. I still think the loss of the 15k FNC is a huge bummer, and not sure if the extra 2X multiplier on everything else to 5X plus the AF increase was worth the loss of the FNC, but if you put tons of spend on the card, that's up to 500k Hilton points per year, which is definitely something!
This definitely changed my Hilton strategy after being a holder of the Hilton biz. Once AF comes up this year I’ll be cancelling to free up a slot as I’m currently at 5/5 AMEX cards with a limit. Truly a shame considering how the Surpass was improved
Yeah I agree Ninja! Loved the business too but definitely a cancel for me as well. The Surpass is a much better card now. Like you I also need another open slot so I guess it made the decision pretty easy that this card would be the one to go!
I have the biz card and have luckily met the 15k spend for the free night, so I will be canceling it before my first anniversary.
Nice! Yeah, I'm glad you got thar free night. Make sure you wait until the annual fee posts before you cancel the card to make sure the welcome offer and points aren't clawed back!
I hear the Hilton Business card is now a metal card nice touch, with some devaluations folks will reevaluate the card for sure. Priority Pass being taken away is a bummer not many cards are offering this anymore.
Yup! I ordered my replacement card this morning. For sure, PP is another loss, but I think the bigger loss is that 15k FNR, which makes this card not as good as good as the Hilton Surpass. Not sure why I'd spend $15k on the business card if all I'm getting is 5X Hilton points on everything.
Excellent points made here Stan. As you know, I'm a Marriott guy, with Hilton playing runner-up from time to time. I value Marriott Platinum over Hilton Diamond in almost every aspect😎 Hilton Diamond imo is a farce, but the FNA is great. By this summer I will only have 1 Hilton card. I actually like the Hilton Bus for my domestic Bus travel usecase, but may swap it out for the Surpass🤔(bonus). I will delete the Aspire for sure. I should hit Marriott Titanium this summer! Luv your content Stan!👍🏾
Thanks Nkosi! Yes, you and me both haha! Congrats on hitting Marriott Titanium soon, I have yet to do a Marriott stay with Marriott Titanium, but I have a ton of stays coming in the second half of the year so that should be good. I think the Surpass in the winning card here. The Hilton business is only good for the welcome offer at this point. The Surpass bonus is so much better at this point and it still has the $15k FNR! I appreciate you and your continued support Nkosi!
@@TheCreditFrog 😊🙏🏾
this makes Marriott Business look better, you don’t need to spend extra on that first FNC other than AF and it pairs well with the Brilliant. But I wonder if Amex will also go this route in the future for their Bonvoy cards
Yeah, it does! Never would I think the Marriott business card would look more enticing than the Hilton business, yet here we are. I think the Brilliant and Business are safe for a few more years since they were updated only 1-2 years ago, but on the next update, it wouldn't surprise me if they also went in this direction!
Very impressive how fast you came up with the video Stan ! Would getting the gift card today be fast enough to post before the quarter ends ? Thanks for the info
Thanks Basil! I tried really hard to get it out today hah! Yes, the gift card should be fast enough to post before the quarter ends. The longer you wait though, the less likely it will post before March 31st!
@@TheCreditFrog I’ll order it tonight ❤️
$240 credit is nice but I will be valuing it at $200 as you have to get gift cards in $50 increments via Hilton and most quarters likely would be doing that and saving up for spend at one time on a stay. I just bought one today to capitalize on Q1. I just renewed my card in December so guess I will keep it for a year and squeeze the limited value out of it before canceling but having a $10k business card is certainly tempting to keep. In some ways I like the 5x catch all because for once it actually simplifies a card
Yeah, the $240 credit is limited if you go the gift card route since the increments are weird. It does simplify the spending to have only one catch-all category multiplier, but if you're going to take away one of the best reasons to spend on the card, it's not even worth it anymore because there no spend target. Also, if you want to cancel the card early, I'm pretty sure you get a prorated refund of the $95 AF you spend in December so it wouldn't be a total loss if you canceled it earlier than your next renewal date!
I'm not even going to risk it with the RAT Team. This credit is mostly useless since I tend to pay in points, and already have the Surpass credit to strategize. I'm just going to go to the local Home2Suites to buy snacks this weekend, lol. Next quarter I'll try to actually use it at or for a hotel night, then enough of this card.
Stan does not play!
He’s here to educate and stay!
Name me one person who provides you news faster than Stan the frog man 🐸!
I’ll wait… 👑
Hah! Thanks Mike! Yes, I tried to get this one out as fast as I could! Glad I was able to get the news and strategies out to you quickly!
I actually like the change. Before you didn’t have a way to recoup the annual fee and now you can.
Yeah you’re losing the free night offer but I’d think most would have a hard time doing that on this card anyways and would be better done on Surpass. Get a 2nd Surpass if you are spending 30k
Most have Priority Pass on other cards anyways.
I think it will work great in conjunction with the Surpass for Hilton loyalists. Use the Surpass for all the big categories and the Business as a catch all.
Yeah, it's definitely going to depend on how you use the card. I think for business spenders, in particular, $15k per year is actually not to hard to do so, which is probably why it got nerfed. Personal spend of $15k is not at easy, but now this benefit only exists on the Surpass. It could act as a nice catch-all card, but it's also an Amex which doesn't work well overseas so it's like a catch-all*
Yeah I see your point for actual business use. But yeah 5X makes it essentially as 2.5% catch all card which is better than most at least.
@@brandonunruh1822 I have spent $110K on the Delta Card a few times, back when they offered bonus miles at $25K and $30K spend, and I was switching between the Delta Platinum and Reserve to double dip. I can see your point, especially if you only have the Hilton Business. For me, I would rather just throw a few large purchases on the Hilton Aspire to push it to $30K or $60K. That's only 1.5% back in HH points, but with the free nights I'm earning about 3.5%.
5x points with negative $45 EAF. This is not that bad. My AF will post next month, so I'll get $95 again, will use all the credits, and a free night, and then I'll think whether I want to cancel or not. Probably cancel, but I'm not sure yet. If I cancel, what should I replace it with? Looking at Bonvoy Business or Amex EDP probably.
Yeah, it’s still net positive value with the statement credit. My main issue is that with the $15k FNA going away, the motivation to spend on the card is no longer there so it’s a cancel for me. Bonvoy Business is a good option if there’s an elevated welcome offer!
Such a bummer! I was spending towards the $15k FNC... already "wasted" $6k of spend, and I plan to stop using this card and cancel at the next AF. I don't want to increase my spend just to spend an extra $9k by the end of June.
Aw man, that sucks LK! I think you're not alone in that journey since cutting the FNA off by 6 months for a lot of people puts a lot of pressure on that spend. It's time to cancel the card and move on.
Do you think any of the changes we've seen this week are in response to the pending Visa and Mastercard settlement? It seems like they're trying to get out in front of the potential fall out.
Possibly! The timing is a little too convenient!
Sadly I have a little over 1/3 of the way to the $15k spend on the Biz card. Was planning to earn the FNC by end of calendar year. Might be a stretch to do it by June. So now I have to risk it and go for it still or shift all of that spend to Surpass but sadly that card has a much lower limit, limiting what I can put on it for work expenses to get big chunks.
That's a hard question to answer. I'm not a big fan of overspending just for a benefit, but if it's for work spend, I think there's some wiggle room with that. Hopefully, you're able to get more CL on that Surpass because I think that's the winning card now!
@@TheCreditFrog plus to the business card was always work spend that might need a little more time to get a reimbursement from employer and not having to pay off maybe as quickly as personal card. that lack of impact on utilization is very nice to have
Mr. Frog, what credit card do you recommend for business? travel points
Ironically, the card we're talking about in this video may be helpful to you! 5X points on everything else up to $100,000 per year - that's 500,000 Hilton points annually! And you get Hilton Gold status with the card too.
bummer i was in PUJ before this refresh. about the only worthwhile business card I was eligible for and I couldn't get it. Now I don't even want it and the spend requirement is significantly more.
Dang, that's unfortunate. But hey, maybe you dodged a bullet because say you got the card sometime around now - you'd have to meet $15k spend in 3 months for the FNR! I guess you'll have to find another business card to go after!
Enjoy your channel and content. I recently opened this card (old version) and today when i communicated via AMEX chat they basically told me, the old welcome offer remains but i get the new features that makes sense. However when i asked about annual fees the rep said the annual fee has been $195 this whole time and was never $95. So they are basically telling me even though i signed up under the impression that the annual fee was $95 its $195 end of discussion. Is this common? Should i try another rep later because i know for a fact the annual fee was $95, who would sign up for this card for $195 with pre refresh credits and multiplers haha.
If you signed up with the $95 annual fee, you should only be charged the $95 annual fee, not sure what the Amex reps were talking about, but of course, they are the company so they can do what they want. It may help if you have screenshots of your application and what you agreed to when you pressed the submit button. You could also ask another CS rep. Most of them are good, but some of them don't know what they're talking about.
@@TheCreditFrog Appreciate the response, given the fact that i have transactions in the history from before the card was refreshed thats pretty solid evidence that i opened the account at the $95 verbiage but we will see. I will try another rep and see what their response is
Thanks for the work you do on this channel! How about we use the BBP at 2x for no annual free. Then transfer those points to Hilton for a total of for 2x. That gives us 4x for no annual fee. Thoughts?
Ultimately, I think the Hilton Surpass is better at $15K spend. That said, I'm keeping my BBP for Amex MR offers, and hopefully the occasional transfer bonus. If you make sure to use your Hilton points for at least 0.6 cents per point, that's essentially a 2.4% return on a card with no AF. When Hilton points go on sale for 0.5 cents per point, you could use either card to load up if you needed additional points.
That could work! It depends on how much you value those MR points. The no annual fee proposition is more appealing though, now that the Hilton Business has raised the annual fee (by a lot!)
But Hilton is 5x with negative $45 AF. I would say it's around 2.5% with them paying me additional $45.
@@yurig2530 If you don't have any personal Hilton cards, or have to time and natural spend to juggle them, I don't disagree. Many of us already have better Hilton cards that pay a higher return, so we're already spoiled and don't want to mess with new coupons. At $15K spend on the Hilton Surpass, and assuming I only spend on 3X, I"ll be getting about 5.5% back with the free night, and additional $50. If I spend $30K on the Hilton Aspire, I'll earn 5.5% again with the 2 free nights, ahead again by $50 if I use all the air and hotel credits. The earning drops to 4.5% at $60K on the Aspire, but still well above the business.
Hopefully no Marriott CC deval 😅 i just got the Brilliant and Business which got me 40 nights and i only need 3 more nights to get 50 nights for the 5 NUA certs (double night promotion)
Oh man, I hope not! 😕. The Brilliant/Business was revamped about 1-2 years ago so I think they're safe for a few more years. Very cool that you're close to 50. Not sure if you can make Titanium this year, but if so, maybe worth considering the 5 elite night credits reward at 50 nights. That means you'll only need 30 stays to reach Titanium (less for you since you're doing the double nights promotion!)
Yup. I’ll cancel mine. But that means I free up one of my 5 slots for Amex.
You and me both Mason!
Will the $60 Hilton quarterly credit be good for advance purchase room rates? Thanks in advance!
I think it should work, but not sure since I've never tried it!
I was expecting them to copy the surpass of course now it’s so bad I won’t even consider retention
Yeah, that's what I was expecting too! Disappointed, but so far with Amex that has been a common theme over the last year or so.
How do you use the credit for a gift card? Do you buy a gift card from the Hilton website?
Yeah, you buy a Hilton gift card from the website. There have been data points that this has worked on the revamped Surpass so it should work on the Business as well.
Yeah so sad this happened. Going to get my final free night and call it a day. Card is worthless without the free night. I guess its good in the long run because i needed the slot for the bonvoy brilliant anyways after I do the ritz conversion. Not going to prepay for benefits that I have to jump thru hoops to recover.
I agree. That free night was what made this card super good. Definitely a big fan of the Brilliant/RC combo so that will be nice when you have that extra slot open to get another card that you want! Having a higher multiplier but less benefits is not what I want in a hotel credit card.
Thanks for the video Stan. You mentioned triggering the $60 credit by buying a gift card. I tried reading the fine print but couldn’t find anything saying either way if it works or not. Do you have any more insight into that? Great way to trigger the credit this quarter if it works
You're welcome! The only insight I can share is that there are data points that buying a Hilton gift card works on the Hilton Surpass card. Right now there are no current data points for this card since, clearly, the card just was updated today!
That’s a good point. Do you know if this has been done at a property or does it also trigger it when busying the gift card online through Hilton?
@@Philippewert It should also trigger with buying a gift card online!
@@TheCreditFrog I can confirm that it worked. Got the statement credit even before having the gift card arrive at my house. Thanks for the info!
@Philippewert Of course! Thanks for leaving your data point!
Hey Stan. I have this card and I dont plan on keeping it when my fee is up in May. You mention I can use the 60 credit twice by then. How can I buy gift cards for that credit to kick in?
You can buy the gift card from Hilton online. There are data points that it triggers the credit on the Surpass card so it should also work for the Business card too.
If i make a purchase at hilton today do u think it would post before the 1st?
And if it does are u sure that if the statement credit comes AFTER the first we would still get the credit for QTR 2?
If you make a purchase today, it should post the following day so you should be good. Yeah, you should still get the Q2 credit if the statement credit for Q1 posts in Q2. I've had that happen with a lot of my monthly statement credits on Amex cards, and it's never been an issue.
@@TheCreditFrog cool. I just bought a $50 gift card from the hilton website. I had no other way of using it. Hopefully this works in my favor
if you cancel a business credit card, that will affect your credit report??
It may affect your business report, but not your personal, assuming that it never reported in the first place!
This makes me want to get 3rd Hilton Aspire card. What a garbage refresh! I sorta expected but I'm bummed out! As a Hilton Loyalist, this blows!
Hah! Yeah, that's probably a better use of an Amex credit card slot than this card. Honestly, the Surpass looks a whole lot better when compared to this updated Business card. It's too bad, because that card was one of my favorites.. until today.
Does the 5x on all purchases start from March 28th. Or from June 30th? Asking bc I just spend $20k to get the free night. So it will be great if I get 5x on that 20k.
It started on Mar 28th so if you made that purchase then, you should get the 5X!
Awesome. Thanks for the quick reply. Definitely satisfied this year but perhaps cancel in 2025. Thanks always for staying on top of the CC game for us.
Stan, my annual fee hits April 2 .Should I get the new metal card and the the $60 credit then cancel the card within 15 days?
You could do that! You can also wait the full 30 days before canceling to make sure that $60 credit posts first!
Thanks! @@TheCreditFrog
$60 can be used on Hilton giftcard? Can buy that at Hilton website?
Yup! Some data points have shown success on the Hilton Surpass card so it should also work on the Business card.
Looks like to buy the gift cards you have to choose 25, 50, or 100 amounts. So in order to actually get the full value you need to 75 for the $60 credit. Doesn’t seem make sense to do it, so I’ll probably just try the $50 gift certs. Additionally, I rarely spend extra money in hotels just because it’s overpriced and not worth it. All in all I think I’d value the $260 credits more like $100. I don’t see how the card is worth keeping anymore.
Yeah, that's the unfortunate limitation of the gift cards. So you'd still have to stay at Hilton hotel to get the credits unless you want to forego the extra $10 per quarter. The gift cards are nice though because they don't expire so you could get $50 and $25 gift cards and then save them for the end of the year and use them all in one go or something like that. It's more work than it should be though so I get it. I'm definitely not keeping the card open because it has "net positive value."
I have this card and may keep it for an extra year but don't like the changes. Fortunately I'll be able to hit the Free Night Certificate this year by the 6/30/24 deadline but Amex should have let this calendar year spend benefit expire at the end of the calendar year not in the middle of the calendar year; that's bogus. All things equal, Hilton is my fourth choice of hotel programs behind FHR, Hyatt and Marriott. I just got the Amex Marriott business card last week so this Hilton change is just telling me to be even less 'loyal' to Hilton..
It's true. But at least they gave us a 3 month warning instead of cutting it off completely. It's nice to have choices when it comes to hotels, but yeah you should definitely try out Marriott. There are some great properties and they're always in a location that you want to stay at, in my experience!
I just got into the game of team travel and it has been going downhill ever since I started. Maybe I’m the bad luck charm.😢
I have a quick question the free night award. Is there an expiration date on it when you receive it?
Oh no! It's just the timing. Points and miles get devalued continuously so you just have to keep your eyes open for updated news!
@@chrissan6015 yes, it's usually 1 year after you earn it.
Anyone compare the Amex language for the new quarterly Hilton credit to the surpass? There’s only a couple days left in the quarter and I know gift cards trigger the credit on the surpass but the fine print seems to indicate only directly at properties at the Hilton biz card announcement email
The terms are the same in both cards so only time will tell if the credit works with a gift card or not!
@@TheCreditFrog credit posted already!
@WhatsThePoints1 Very nice!!
I'm new at this. How do I get the $60 gift card?
You can buy them directly from Hilton on the internet.
This sucks. Is there any downgrade path for Hilton business? I have a 20k credit limit so I don’t really want to cancel but I also don’t like the changes. Already have the aspire and may downgrade to no annual fee or cancel. If I do that then maybe it makes sense to keep this card if no downgrade path?
Also I just paid my AF so am I locked for another year?
Sadly, no downgrade path for the Hilton Business. If you have another business card, you can move your limit to the new card. If you already paid the AF for another year, you could cancel at any time. You should be able to get a prorated refund. And yeah, if you already have the Aspire and want to save on AFs, keeping a NAF Hilton card would be good so you can maybe get an upgrade offer in the future!
@@TheCreditFrog Thanks for the comment, this is a huge bummer!
Amex has totally messed up the Hilton cards. It's a good thing Chase also partners with Marriott. Otherwise, there would be no good choices among the two biggest hotel chains.
I agree. I don't know if I would go so far as they ruined all the Hilton credit cards. I think the personal versions, although not my cup of tea, can be good for some Hilton loyalists. I do agree that the Hilton Surpass card got a nerf for sure.
As a catch all card I 100% would rather spend 60k on the Hilton Aspire in a non-category spend than on the new Business, this is gonna be a cancel for me. Now I hope more NLL hilton links pop up and I’ll finally complete my exodia of 4X aspire + bonvoy brilliant.
4X Aspires! Wow, that would be really good if you can handle all of the statement credits. Yeah, the Aspire is definitely the way to go for larger spend in that case. Better to get that second FNA on that card since it's uncapped. I would love to get me some NLL offers too!
Bonus points for "complete my exodia" lol
I think that the credit bureaus will start penalizing credit card cancellations more aggressively in the near future. Just my 2 cents. 💳🐸
Hah! I hope not - they probably can't do that. That would make every credit card issuer super predatory. Unless you're referring to an *oops* you're in PUJ, don't know why that happened BS lol.
@@TheCreditFrog I hope not too. Trying not to sound negative but it just feels that there are counters materializing to reign in the card churners. I appreciate your response & you make a good point about it being predatory. 💳🐸
If I close my Hilton Business card and open the Surpass, will I get a hard pull?
You probably will if the Hilton Business is your only Amex card. If you have another personal Amex card though, you shouldn't
@@TheCreditFrog I will probably be good then since I have the Amex Plat and BBP. I hate what they just did to kill the Hilton Business Card, now I have to figure out if I want the Aspire or Surpass.
Can we still apply to the old card w/ the $95 fee?
No, that card is in the past! But the benefits will remain until 6/30/2024
@@TheCreditFrog I thought so. Thank you for your videos!
If I apply for this card now, do I still get the priority pass benefits (10 visits)?
Yes, but you’d have to sign up for PP after you get the card. If you do so by 6/30/24, those benefits should be active until 3/31/25
@@TheCreditFrog thanks for the fast response
@@TheCreditFrogI got approved for the Hilton Business card yesterday but I cant find the enrollment for PP under Benefits. Or do I have to enroll somewhere else?
@@becks9765 You may have to call in to activate it
Wow a lot of nerfing going on lately , so if you wanted have FNA yearly then you would pretty much need to go to brilliant right ?
You could go Aspire for Hilton (or Brilliant/RC) for Marriott. The Surpass still has the $15k free night benefit too. I think we just all expected that credit to stay on the Hilton business for the referesh, but instead we got some "enhanced" multiplier.
First! Yay!
Almost!! 🥈
Tragedy
Amex is weeding out people who don't spend to the max. If you’re on the road for business a bunch, this card’s earning got turbo charged. One problem: how many people is that exactly? Answer: I’ve got more fingers
Yeah, I can definitely see what you're saying. People like us who are credit card enthusiasts are definitely not their target audience, but I'm not sure if I'd load all my spend on the HH Business when I can load my spend on other cards like MR-point earning cards or maybe even a nice catch-all cash back credit card!
Stan, my Annual Fee hits and it's only $95. Is this good to keep for another year?
If you can continue to use the $60 quarterly Hilton credit either through stays or through a gift card purchase, then it would still work out in your favor! But if you need the extra Amex slot or don't want to deal with it, may be worth canceling. Not sure of your other cards, but it's probably a keeper for the next year if it's your only card with Hilton Gold status.
Did they made mistake of charging me $96 instead of $195?
I mean $95.
@jacquelinedy8899 I think there’s a transition period so you’re probably within it, which is great!
@TheCreditFrog Thanks Stan! I really appreciate your answering me. By the way I got the U.S Altitude Reserved and I'm loving it. Thanks for all your wonderful videos.
could care less about the metal card. just makes wallet heavier and it is a ploy to fake you into feeling like you have a great card despite the nerfing
But at least we can request it for free and have it as a souvenir before canceling the card! That's kind of worth something, I guess.
Why do you only have 5 Amex slots? Thank you.
I don't know. That's how many Amex was willing to give me. If I try to get a 6th card, Amex denies me or tells me to cancel one before I can be approved for the other one. Rude.
@@TheCreditFrog is this regarding personal, business or a mix? Thanks for the data.
@@IanMaschal 5 credit cards only, including personal and business
@@TheCreditFrog good to known. Thank you.
I’m here first 😇
Here’s your medal! 🏅
@@TheCreditFrog 😃😃
Getting rid of Priority Pass and killing the free night certificate is enough for me not to renew. Had the triple of Aspire/Surpass/Business. May just go two Surpass, spend 30K, get two FNCs, gold status, and buy gift cards in quarters we don’t stay at Hiltons and make $100 negative fee from statement credits and call it a day.
For sure Len. Yeah, if I were you, I'd also probably go with 2 Surpass cards over the Hilton business. The fun part about having personal Hilton cards is also playing the upgrade ladder so that's another option to if you don't mind PCing your cards up and down the ladder!
Juice ain’t worth the squeeze with the entire Hilton lineup now. Too many hoops to jump through to liquidate the credits. Spend is better to put towards other welcome bonuses.
For sure Brandon, Amex continues to make it harder and harder to get value from their cards. I agree, welcome bonuses are the way to go, but it's nice when you can combine them with hotel benefits (like FNRs) so you can jump start your earnings!
RIP Hilton Biz card. If you jump through quarterly hoops theres some value but this is now a churn and burn for the sub card. Retention offer year 3 and dump year four. Not worth a long term Amex slot IMHO.
Hah! I agree Chad. Used to be a great card long-term for that $15k FNR, at least for me. Now I have some credit I have to deal with (again). Will get my credits, and the new design, then close.
Amex SUCKS!! I’m sick of the coupon books and them nerfing the best aspects of their cards.
Pretty much Keith! We can never have nice things 😢
👍🏽👍🏽👍🏽👍🏽
💯💯💯💯
I would not get the card.
Yeah, neither would I. Unless I'm out of welcome offers.
First?
Congrats Ahmad!! You are FIRST!! 🥇
I am in pop up jail so I'm hoping for an email offer.
Dang Joe! Pop up jail sucks. Hopefully you are able to get out soon!
@TheCreditFrog It does...I totally deserve it though if I'm being honest, lol.
@@joephillips5594 🤣 🤣🤣
Are you going to do a video on Robin Hood Gold card ?
Possbily! I need to do my research first.
this guys so full of it
useful knowledge, that is
Hah! Good save there!
This card sucks now so bad removing free night is just so such a stupid move you will see many people cancel the card .
I agree! Not a fan of that change. I will be canceling this card soon for this very reason!
Sub and dump while I’m waiting on 5/24.
Facts.
@@TheCreditFrog Actually you can buy 160k points for $1600. 175k points is not worth $8k spend (4.5x). Your are better off buying points at 0.01. This SUB is 0.045 CPP.
@@RITPA Yeah that sounds gross when you can buy points cheaper than the welcome offer when on sale!
All you need to know is to not get this card. If nobody gets it maybe AMEX will stop with the stupid credits.
Yeah, the personal cards are definitely a better option. Amex will keep on putting more statement credits. Sadly, I don't think that will change, but we can vote with our wallets.
This card is now garbage.
Yeah, they really put this one throught the wringer!