Breaking Points: Credit Card News

Hilton Honors Business is offering 150,000 points plus a free night award after spending $8,000 in 6 months. The standard offer is 130,000 points after spending $6,000 in the first six months. The annual fee is $195. Offer expires 1/13/27.

American Express has launched elevated welcome offers on three Hilton personal cards. The Hilton Honors Surpass is offering 130,000 miles plus a free night award after spending $3,000 in 6 months. The standard offer is 130,000 points with the same spending requirement. The annual fee is $150. Best offer we have seen on Hilton Honors Aspire, which is offering 200,000 miles after spending $6,000 in 6 months. That’s up 50,000 miles over their standard offer of 150,000 miles with the same spending requirement. The annual fee is $550. The Hilton Honors is offering 70,000 miles plus a free night award after spending $2,000 in 6 months. The standard offer is 80,000 points with the same spending requirement. There is no annual fee. All three offers expire January 13, 2027.

Delta and Hyatt have announced a new long-term loyalty partnership that will launch in the coming months, just as Hyatt and American Airlines announced the end of their partnership. When it launches, elite members of both programs will get a new Dual Earn benefit. Delta Medallion members will earn SkyMiles on qualifying Hyatt stays in addition to their usual World of Hyatt earnings, while World of Hyatt elite members will earn Hyatt points on qualifying Delta flights in addition to their usual SkyMiles earnings. Delta and Hyatt say additional benefits and opportunities will be added over time, but they haven't released many other details yet, including when everything will begin. Hyatt also launched a partnership with Air Canada Aeroplan over the summer, so World of Hyatt members will have reciprocal benefits with two major airline loyalty programs.

Update: Just hours after Hyatt and American announced the end of their partnership, Hyatt and Delta announced a new long-term partnership that will launch in the coming months. The new partnership will initially include reciprocal earning opportunities for elite members of both programs, with additional benefits expected to be announced. See our Delta/Hyatt Breaking Point for more information.

Hyatt and American Airlines are ending their loyalty partnership after more than seven years. If you link your World of Hyatt and AAdvantage accounts by November 15, 2026, you can continue using the current reciprocal Milestone and Loyalty Point Rewards through the end of each program's current earning year. AAdvantage members can continue earning Hyatt awards through Loyalty Point Rewards through February 28, 2027, while Hyatt members can continue earning AAdvantage awards through Milestone Rewards through December 31, 2026. One benefit will remain after the partnership ends: AAdvantage members can continue choosing to earn 500 AAdvantage miles instead of World of Hyatt points on eligible Hyatt stays (we do not recommend this). Hyatt recently launched a separate partnership with Air Canada Aeroplan, offering reciprocal status challenges, new earning and redemption options, and a handful of other benefits. The most interesting is that Aeroplan elite members can fast-track to Hyatt Globalist after earning 20 elite nights in 90 days, compared to the usual requirement of 60 elite nights in a calendar year.

The Capital One Venture Rewards card is offering 75,000 miles plus a $300 Stays credit to use on hotels and vacation rentals through Capital One Travel. You must spend $4,000 on the card in three months to earn the bonus. The standard offer for the card is 75,000 miles with the same spending requirement, so the $300 Stays credit is the extra bonus. The annual fee on this card is just $95, making this an excellent return for a card with a relatively low annual fee.