A Horrible Way to Earn 500K – 1M HHonors Points

Anyone else receive the email below from Hilton offering 500,000 – 1 Million HHonors bonus points plus Silver or Gold status for becoming a member of the Hilton Grand Vacations Club? Of course, becoming a member entails purchasing a timeshare…with prices ranging from $10,900–$613,000.  Given the 2013 HHonors devaluation and how easy it is to obtain Gold status each year via promotions requiring no stays at all (forget about Silver), it seems like a pretty horrible offer…unless you had planned to purchase an interest anyway. Still interested, you can sign up here with the full T&Cs below. My favorite line from the T&Cs – Retail value of 500,000 HHonors Bonus Points is up to USD $6,000, depending on the method of redemption. Obviously, to get that value with the current redemption rates you’ll have to redeem at a category 10 property like the Conrad Maldives at 95,000 per night with a 5th night free (rates during December for a standard room are $1365 with tax).

PS – Leaving for the Conrad Maldives under the old rates (35k per night) on Sunday!

500K HHonors

This offer is not valid with any other promotional offer and is only available through Hilton Grand Vacations™ Direct Department by calling 877-246-2832 and is not available on-site at any Hilton Grand Vacations resort. This offer begins December 4, 2013, and ends December 31, 2013. Offer valid for Hilton Grand Vacations Ownership Interest purchases equal to at least 7,000 ClubPoints. Hilton HHonors Points are awarded with 20,000 Hilton Grand Vacations Bonus Points, which can be converted to 500,000 HHonors Bonus Points. Award and use of Bonus Points are subject to the Club Rules. HHonors membership and Point redemption are subject to HHonors Terms and Conditions. HHonors Bonus Points do not count toward elite tier qualification. Employees of Hilton Grand Vacations Company, LLC are not eligible to participate. Retail value of 20,000 Hilton Grand Vacations Bonus Points is up to USD $6,000, depending on the method of redemption.
THIS MATERIAL IS FOR THE PURPOSE OF SOLICITING TIMESHARE INTERESTS IN HILTON GRAND VACATIONS RESORTS IN FLORIDA, NEVADA, HAWAII, UTAH, NEW YORK, CALIFORNIA AND SOUTH CAROLINA. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM THE DEVELOPER. Deeded interests are offered. Prices range from USD $10,900–USD $613,000. Prices subject to change.
This is not an offer or solicitation to any person residing in a state where the project is not yet registered.

Comments

  1. I guess if you wanted to buy such a “deal” anyway it’s better than a poke in the eye with a sharp stick. Personally I’d pay them Hhonor points not to be a vacation club member.

  2. I was offered 1M before devaluation, but the prices they sell the timeshares doesn’t make sense, when you can buy someone’s else.

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