Key facts
Min. Credit Score for Approval:
Good *Ongoing APR:
17.74%-28.49% VariableForeign Transaction Fee:
2.7% of each transaction after conversion to US dollars.Get 30% more Hilton Honors Points when you transfer Membership Rewards® points through 10/14/2026.
Historically, which we can see in our master list of past transfer bonuses from Amex to Hilton, the offers tend to range from 25% – 40% (with 40% being extremely rare and 30% as the best of the regular offers). We have seen a few this year already but at only 20%.
Despite devaluations, Hilton points can be quite valuable, especially using the 5th night free on awards if you have Silver Elite status or higher as that increases your value both by giving the 5th night free and because resort fees and room tax are waived on award stays.
Data point: We just stayed 5 nights in Lake Como at the Grand Hotel Victoria (SLH). It was 130,000 points a night, 5th night free. 520,000 points total and the room was 1,500 Euro a night. That’s about $8,700 in value (and whatever you think of the cash rate, the hotel is impeccable and perfectly located and that is what it costs!) for 520,000 points. So we got 1.7 cents per Hilton point in value in this case. (Note, I believe that particular hotel is now 170,000 points a night.)
Generally, we value an Amex point at 1.7 cents and a Hilton point at 0.5 cents and while those values are an average, with a 5th night free award you can definitely do well transferring 1,000 Amex points for 2,600 Hilton Honors points as I showed you above.
Our advice is to run some sample searches for potential redemptions to see the value you’re likely to get before transferring. Note that Standard Reward night rates can be as high as 250,000 points / night. That said, at the 30% level is where I personally am comfortable transferring at least some speculatively.
Keep in mind that if you have any Free Reward Night Certificates (valid on any Standard Reward night) which can be earned with a Hilton Honors American Express Aspire Card (each anniversary year and after $30,000 and also after $60,000 spent in a calendar year) or the Hilton Honors American Express Surpass® Card (earned after $15,000 spent in a calendar year), you can add before or after a 5th night free award for a longer stay.
There are identical transfer bonuses on now to both British Airways and Aer Lingus Avios and British Airways are the most common / easy to use and link directly with Qatar so there are few people that would want to transfer to Iberia directly.
They ripped out their award charts in May 2025 and replaced them with new higher ones and the biggest Iberia Sweet Spot of US East Coast to Madrid in business class off peak for 34,000 Avios is now 40,500 Avios and at peak times it’s now 50,000 to 59,000 Avios. This is the 3,001–4,000 mileage band.
This still remains about the only award you would book with Iberia (you may find other instances where Iberia remains cheaper on its own metal) but keep in mind the biggest flaw of the Iberia program:
Award travel on partner airlines booked with Iberia Avios is non-refundable!!
That said, generally you want to move your points to British Airways first for the most flexibility – since you can move from there to Finnair, which has some great redemptions, or Qatar (note new restrictions on booking Qatar awards beyond yourself). I just booked an actual Iberia award and I’ll add that the website is full of glitches that can make booking even an Iberia award on Iberia quite painful.
See this post on the transfer bonus to British Airways Avios for more on the Finnair program.
Reminder: We now maintain an incredibly comprehensive Transfer Partner Matrix that tracks not just where every currency transfers but also notes any current transfer bonuses.
Aer Lingus has some sweet spots as well, like the US to Ireland for 13,000 – 16,250 Avios with no surcharges or 50,000 Avios – 62,500 Avios each way in Business Class. This would be if you find space on Aer Lingus metal. The lower pricing is from the East Coast, the higher is West Coast.
Combinable with other Avios programs like BA on the avios.com website.
That said, generally you want to move your points to British Airways first for the most flexibility – since you can move from there to Finnair, which has some great redemptions, or Qatar – (note new restrictions on booking Qatar awards beyond yourself) – or Iberia.
See this post on the transfer bonus to British Airways Avios for more on the Finnair program.
Reminder: We now maintain an incredibly comprehensive Transfer Partner Matrix that tracks not just where every currency transfers but also notes any current transfer bonuses.
Reward multipliers
- Earn one Membership Rewards® point for each dollar you spend on eligible purchases
- Earn 2X points for each dollar you spend on eligible purchases at AmexTravel.com
Earns bonus points for spend in the following bonus categories:
Estimated Rewards Value: 1.7%
Key features
Unique Card Benefits
PAY OVER TIME OPTION: Decide whether you want to pay eligible purchases in full each month-or pay over time with interest, up to the Pay Over Time Limit on your account
Has No Preset Spending Limit
No Preset Spending Limit means your spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment, and credit history.
Secondary Car Rental CDW Waiver
Car Rental Loss and Damage
Insurance can provide coverage up
to $50,000 for theft of or damage to
most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision
damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage.
Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply.
Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company,
Inc.
Travel and Emergency Assistance Services
You can rely on Global Assist
Hotline 24 hours a day / 7 days a
week for medical, legal, financial, or
other select emergency
coordination and assistance services
while traveling more than 100 miles
away from your home. Third-party
service costs may be your
responsibility. Eligibility and
Benefit level varies by Card. Terms,
Conditions, and Limitations Apply.
Please visit
americanexpress.com/benefitsguide
for more details. Card Members are
responsible for the costs charged by
third-party service providers.
Trip Protections
Baggage Insurance Plan
Baggage Insurance Plan coverage
can be in effect for Eligible Persons
for eligible lost, damaged, or stolen
Baggage during their travel on a
Common Carrier (e.g. plane, train,
ship, or bus) when the entire fare
for a Common Carrier Vehicle ticket
for the trip (one-way or round-trip)
is charged to an eligible Account.
Coverage can be provided for up to
$1,250 for carry-on Baggage and up
to $500 for checked Baggage, in
excess of coverage provided by the
Common Carrier (e.g. plane, train,
ship, or bus). For New York State
residents, there is a $10,000
aggregate maximum limit for all
Covered Persons per Covered
Trip. Eligibility and Benefit level
varies by Card.
Terms, Conditions,
and Limitations Apply. Please visit americanexpress.com/benefitsguide
for more details. Underwritten by
AMEX Assurance Company.
Earn more rewards by combining credit cards
Our review
The Business Green Rewards Card from American Express is clearly the “starter” card in the Amex ecosystem for small businesses looking for No Preset Spending Limit (which means your spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment, and credit history) without the heftier annual fees of the American Express® Business Gold Card or The Business Platinum Card® from American Express.
However, with this card earning just 1 point per eligible dollar spent (2 points per dollar only for Flights & Prepaid Hotels booked on AmexTravel.com) and lacking any annual statement credits or rich benefits, we struggle to see the value in paying a $95 annual fee.
Although it doesn’t have No Preset Spending Limit, if you truly can’t make the annual fee work on the American Express® Business Gold Card or The Business Platinum Card® from American Express cards, then we would recommend The Blue Business® Plus Credit Card from American Express which earns 2x bonus points on all eligible purchases up to a $50,000 annual limit (1x on all eligible purchases thereafter) and has no annual fee.
If you need a much higher credit limit, then we’d advise considering the American Express® Business Gold Card or The Business Platinum Card® from American Express.
Rates and Fees for the Business Green Rewards Card from American Express