Update: Per Gary in the comments there is an offer for 60k points. See my response in the comments but I believe both offers to be equal. The offer I listed below requires $750 in spend as opposed to $1,000 for the 60k offer.

I was in the processing on making a reservation today on Hilton.com (they had $99 rooms at the Hilton Waikoloa Village as part of their Cyber Monday promotion which worked out great for my trip to the Big Island in April) and I noticed a better offer for the no annual fee American Express Hilton HHonors credit card of 50,000 HHonors Points and a $50 statement credit! The public offer is currently 40,000 points with no statement credit. The only way to get this offer to appear is to go through the process of booking a hotel room on hilton.com and on the payment page you will notice a small box in the lower right hand corner with the credit card offer. You do not have to book a room to get this offer to appear.

Here are the key details to know about this offer:

• You must spend $750 within 3 months of membership to earn 50,000 HHonors points
• The $50 statement credit is awarded after 1st purchase
• No annual fee so you could keep this card for a long time for AXON awards though they are much less valuable now
• You also receive Hilton Silver Status which basically gives you 15% bonus points on stays and the ability to get a 5th night free on award stays

 

While this is an improved offer over the public one, this isn’t an amazing offer as 50,000 points will not even get you a free night at some mid-tier Hilton family hotels. After the massive Hilton devaluation last year, Hilton points are only good for low to mid tier hotels (see award chart below). For hotels in the higher categories, I would recommend other Hilton credit cards like the Citi Hilton Reserve before this one.

 

I personally have this card as I used it in the past to book a AXON award for my honeymoon in Bora Bora – back then you could book a 4 night stay at the Hilton Bora Bora for only 145,000 points total! Now, a single night goes for 95,000 points or 300,000 points with the new AXON awards! If you plan on using Hilton points for aspirational hotels, I would pass on this offer and focus on a card like the Citi Hilton Reserve which offers two free weekend nights at any Hilton in the world. I can only recommend this offer if you 1) have applied for pretty much every other Hilton credit card or 2) need to increase your Hilton balance quickly to book an award stay. I could also see recommending this card if you know you could actually take advantage of the low point rates at the category 1-4 hotels though I imagine for most those hotels do not align with their travel goals.