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How to save money on Airbnb with points?

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With credit card points, you can save a lot of money on your Airbnb rentals!

Save on an Airbnb rental with family or friends

In many ways, hotels can’t win that fight, although, with some brands like Residence Inn / TownePlace Suites from Marriott Bonvoy, it is possible to find large accommodations with a kitchen.

And with the COVID-19 pandemic, more travellers turn to apartments or houses rather than hotels for their Canadian vacations.

For example, we are frequently asked in the Milesopedia community to find solutions to reduce the expenses of alternative accommodations like Airbnb. It’s possible with specific rewards programs and credit cards!

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Credit cards to save money on Airbnb

American Express - Membership Rewards

With the Membership Rewards program, you can redeem 1,000 points for a $10 credit on Airbnb, or 10,000 points = $100.

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The use of membership rewards for an airbnb rental

So 30,000 Membership Rewards Points can save you $300 on an Airbnb rental!

Here are the 7 cards part of the American Express Membership Rewards program whose points can save you money on an Airbnb rental:

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The American Express Cobalt™ Card is the best credit card from American Express, whether you want points for travel or cashback.

The welcome bonus is distributed monthly for the first 12 months. You earn 2,500 Membership Rewards points for every $500 in purchases charged to your card during the month (whether in the 1X, 2X, 3X or 5X category). That’s up to 30,000 Membership Rewards points.

Plus, you can earn a Welcome Bonus of 20,000 Membership Rewards points when you spend a total of $3,000 in purchases on your Card in your first 3 months of Cardmembership. That’s up to 50,000 Membership Rewards points as a welcome bonus!

You can easily use these points as statement credits for everyday or travel purchases. The value is the same for both: 1,000 points = $10.

Or, you can transfer your points to Aeroplan, Marriott Bonvoy, or Hilton Honors. With the American Express Cobalt™ Card, you can earn between 1 and 5 points per dollar:

Category Points per dollar
Groceries 5
Food delivery 5
Restaurants and bars 5
Convenience stores 5
Streaming subscriptions 3
Gas station 2
Gas & Transit 2
Travel 2
Other 1

This is a 1 to 5% return on all these purchases.

In addition, this card provides excellent insurance coverage: rental car theft and damage, baggage delay, lost or stolen baggage, flight delay, $250,000 travel accident, hotel or motel burglary, Mobile Device Insurance, Purchase Security, Purchase Protection Insurance.

Find out in this article how to optimize the welcome bonus to get 87,500 points with your current spending.

HSBC - HSBC Rewards

With the HSBC Rewards program, you can easily apply your points to the Airbnb rental made on your credit card.

You’ll have to redeem points according to the HSBC Rewards chart.

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Using HSBC points for Airbnb

25,000 points equal to a $125 credit on Airbnb, or 10,000 points = $50.

For example, 60,000 HSBC Rewards points can save you $300 on an Airbnb rental!

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The HSBC World Elite® Mastercard® is a great credit card with no foreign transaction fees, especially for travel purchases. For a limited time, you can get:

With the HSBC World Elite® Mastercard®, you can earn:

  • 6 points per dollar for travel purchases (flights, hotels, Airbnb, all-inclusive, etc.)
  • 3 points per dollar for all other purchases including Costco

This means a return of 1.5% to 3% depending on your purchases! You can apply your points on any travel purchase charged to your HSBC World Elite® Mastercard® (flights, hotels, Airbnb, all-inclusive, etc.). But you can also transfer your points to three airline loyalty programs: British Airways Executive Club, Asia Miles and Singapore Airlines Krisflyer. Finally, with the HSBC World Elite® Mastercard® you get:

  • $100 annual travel credit (for airport lounges, for example)
  • Unlimited access to Boingo WiFi hotspots around the world
  • 10% discount for hotel bookings on Expedia or Agoda
  • Premium insurance for your travels and purchases

Finally, the HSBC World Elite® Mastercard® does not charge any conversion fees for foreign exchange transactions: you save 2.5% for each transaction. And it’s one of the best credit cards for Costco, where you earn 3 points per dollar.

Scotiabank - Scotia Rewards

With the Scotia Rewards program, you can directly apply your points to your Airbnb rental made with your credit card.

You can use 5,000 points for a $50 credit on Airbnb, or 10,000 points = $100.

Scotia Points Apply Fr

So 30,000 Scotia Rewards can save you $300 on an Airbnb rental!

The Scotiabank Visa Infinite* PassportMD is one of Canada’s only cards with no-FX fees AND coming with 6 complimentary airport lounge passes.

The Scotiabank Gold American Express Card is also a no-FX fee credit card. This card is exciting because of its accelerated earning rates for daily purchases and its excellent insurance.

National Bank - NBC À la Carte Rewards

With the NBC Rewards program, you can directly apply your points to the Airbnb rental charged to your Card.

You can use 12,000 points for a $100 credit on Airbnb. If you redeem more than 55,000 points, each $100 in travel credit on Airbnb costs you only 11,000 points.

That’s 11,000 points = $100.

NBC World Elite Jm

The National Bank World Elite Mastercard® is the best credit card from NBC.

You can earn up to 2 points per dollar in card purchases, including at Costco. Besides, you get up to $250 in travel credits per calendar year:

  • Airport parking: $100
  • Baggage fees: $100
  • Seat selection: $50

Besides, you can enjoy access to the LoungeKey airport lounges as well as free Wi-Fi with Boingo. The National Bank’s World Elite Mastercard® is a credit card to keep, year after year, for several reasons:

  • it has one of the best travel and purchases credit card insurance on the market
  • up to $250 travel credit per year
  • Unlimited access to the National Bank Lounge at Montreal-Trudeau airport


As you can see, you can save money on Airbnb with several programs and credit cards.

The one that offers the most flexibility is the Membership Rewards program. For example, you could combine points earned on an American Express Cobalt™ Card with points from an American Express Business Edge™ Card!

You can save hundreds of dollars or even pay for your entire stay on Airbnb with reward points.

Come to discuss that topic in our Facebook Group!

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