Starting today, new and existing cardholders gain access to statement credits, revamped reward rates and rental car status. Some other changes include the annual fee increasing from $95 to $195 (see rates and fees) and the sunsetting of several valuable benefits, including the card's airport lounge access. With 175,000 Hilton points, you can book a variety of push hotels such as the Waldorf Astoria Beverly Hills, which typically costs 120,000 Hilton points.