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!
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.
Here are the 7 cards part of the American Express Membership Rewards program whose points can save you money on an Airbnb rental:
The American Express Cobalt™ Card is the best credit card from American Express. And this is the one we recommend to anyone who wants to save money on Airbnb.
With the American Express Cobalt™ Card, you can earn between 1 and 5 points per dollar:
|Category||Points per dollar|
|Restaurants and bars||5|
|Gas & Transit||2|
When applying for the American Express Cobalt™ Card, you can earn up to 30,000 points as a welcome bonus.
This is a great welcome offer for a credit card that requires no minimum income!
That’s a $300 value using your points for travel purchases made with the card (apartment rentals on Airbnb, flights, hotels, etc.). And up to $600 when you use the American Express Fixed Point Travel Program to book flights!
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.
25,000 points equal to a $125 credit on Airbnb, or 10,000 points = $50.
The HSBC World Elite® Mastercard® is a great credit card with no foreign transaction fees, especially for travel purchases. This is the one we recommend to anyone who wants to save money on Airbnb, especially abroad.
With the HSBC World Elite® Mastercard®,you earn:
- 6 points per dollar for travel purchases (flights, hotels, Airbnb, all-inclusive, etc.)
- 3 points per dollar for all other purchases
It’s a 1% to 3% value depending on your purchases!
You can easily use your points on any travel purchase made with the HSBC World Elite® Mastercard® (Airbnb, flights, hotels, 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.
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.
For a limited time, you can get a $300 cashback after $4,000 spending in the first three months.
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
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.