Are you an Airbnb host or guest looking to maximize your financial benefits through the use of credit cards? Look no further! In this guide, we'll introduce you to the best credit cards for Airbnb to make your experience even more rewarding. With the right card, you can travel and host seamlessly while racking up rewards and building your financial arsenal.
Credit Cards For Airbnb Table of Contents
The Best Credit Cards for Airbnb Users
In selecting the best credit cards for Airbnb, we've considered factors such as rewards rates, travel benefits, and ease of redemption. The following cards provide the perfect blend of these qualities:
1. Chase Sapphire Preferred
- 3x points on dining and online grocery purchases
- 2x points on travel (including Airbnb)
- 1x points on all other purchases
- No foreign transaction fees
- Redeem points for travel through Chase Ultimate Rewards at 25% higher value
- Transfer points to airline and hotel partners at a 1:1 ratio
- $95 annual fee
2. American Express Platinum
- 5x points on flights booked directly with airlines or amextravel.com
- 1x points on other purchases
- $200 annual statement credit on Airbnb and other eligible hotels when booked through amextravel.com (requires enrollment)
- Access to over 1,200 airport lounges
- No foreign transaction fees
- $695 annual fee (Rates & Fees)
3. Wells Fargo Propel American Express
- 3x points on dining, gas stations, rideshares, transit, flights, hotels, and unique travel experiences (including Airbnb)
- 1x points on other purchases
- No annual fee or foreign transaction fees
- Redeem points for travel, cash back, or gift cards
- Cell phone protection included
How to Make the Most of Your Airbnb Credit Card
To maximize the benefits of your chosen credit card, follow these tips:
1. Favor Cards with Travel Bonuses
Some cards offer extra rewards for travel-related purchases, such as flights, hotels, or Airbnb bookings. Make sure to use such cards when paying for your bookings.
2. Look for Cardholder Benefits
Many cards provide additional perks, such as travel insurance, airport lounge access, or hotel discounts. Be sure to take advantage of these benefits when applicable.
3. Pay Your Balance in Full Each Month
To avoid interest charges, make sure to pay your credit card balance in full each month. This also helps maintain a good credit score.
Credit Cards For Airbnb Example:
Imagine you're an Airbnb host who often travels and stays in other Airbnb properties. You decide to apply for the Chase Sapphire Preferred card to maximize your rewards. When booking stays for your own trips, you earn 2x points on all your Airbnb expenses. As a frequent traveler, you also use the card for other travel-related expenses, racking up even more points.
At the end of the year, you've accumulated enough points to treat yourself to a dream vacation. You redeem these points through Chase Ultimate Rewards, boosting their value by 25%. You also decide to transfer some points to your favorite airline's loyalty program at a 1:1 ratio. Not only have you enjoyed incredible Airbnb stays throughout the year, but you've also made memorable travel experiences even more affordable!
There you have it – the best credit cards for Airbnb users, along with tips to maximize the benefits. With the right card in your wallet, you can travel confidently, enjoy exclusive perks, and grow your financial IQ. Don't forget to share this article with your fellow Airbnb enthusiasts, and explore other fantastic guides on Flik Eco for more personal finance and investment advice.
