We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free – so that you can make financial decisions with confidence. The offers that appear on this site are from companies from which TheSimpleDollar.com receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. The Simple Dollar does not include all card/financial services companies or all card/financial services offers available in the marketplace. The Simple Dollar has partnerships with issuers including, but not limited to, American Express, Capital One, Chase & Discover. View our full advertiser disclosure to learn more.
Which Rewards Cards are Best for Vacation Rentals?
When you love to travel but don’t necessarily adore hotels, vacation rentals are easily the best alternative. With an Airbnb-style rental or vacation condo, you don’t have to cram your entire family into a hotel room. Plus, you can also score more room to move around, along with a shared living space and kitchen for meal preparation — so you don’t have to pay to eat out at every meal.
But, the biggest benefit of vacation rentals comes in when it’s time to go to sleep. If you’re traveling with children or extended family and don’t want to share sleeping space, you can book a vacation rental with more than one bedroom.
In a lot of ways, renting a vacation condo is more like staying in someone’s home than staying in a hotel. You get more space, and can often score a reasonable price: Many properties you can rent through VRBO or HomeAway offer much lower rates than you’d find if you tried to book a similarly-sized hotel room. And you may even get the amenities of a big resort, too — such as a pool, hot tub, gym, or on-site restaurant.
Five Travel Rewards Cards Ideal for Airbnb Travelers
While one of the biggest gripes people have about vacation rentals is that they’re not as easy to book with rewards points, you can pay for rental condos with points if you have the right rewards credit card. Here are five rewards cards that work perfectly, allowing you to redeem points for vacation rental stays.
Capital One® Venture® Rewards Credit Card
The Capital One® Venture® Rewards Credit Card may be the ideal rewards card to cover vacation rentals, and for more than one reason. First off, this card offers unlimited 2x miles for each dollar you spend, plus a huge signup bonus. Second, you can redeem your miles for any travel experience you want at a rate of one cent per mile.
Let’s say you managed to rack up 75,000 miles with this card after earning the signup bonus and using your card for regular spending. At that point, you would have $750 in travel credit you could use to pay for part or all of a rental condo of your choosing.
Redeeming your miles is also easy as pie since you can use the miles to erase all or part of travel purchases from your bill. The key to making this work is ensuring your vacation rental will code as travel on your credit card statement.
Discover it® Miles
The Discover it® Miles is another card option that makes booking vacation rentals with points easier than ever. This card doles out 1.5 miles for each dollar you spend. However, Discover will also match the miles you earn in the first year, bringing your year-one haul to three miles per dollar.
Redeeming your miles is also easy since you’ll cash them in at a rate of one cent per mile to cover travel expenses on your bill. So, you can use your Discover it® Miles to pay for your vacation rental when you’re ready, then cash in your miles to cover part or all of the expense.
Chase Sapphire Preferred® Card
Bank of America® Travel Rewards credit card – 25,000 Bonus Points Offer
The Bank of America® Travel Rewards credit card can be a smart option for travel expenses since you earn a flat 1.5 points for every $1 you spend. There’s no annual fee – and no foreign transaction fees — and you can also score a signup bonus early on. Your points also never expire as long as you have the card.
Like a few other cards on this list, this one lets you redeem your points for statement credits to cover travel expenses. Unlike many hotel rewards cards, this flexibility allows you to price shop and compare vacation rentals to find the best deal, instead of being locked into one hotel brand.
If you find a vacation rental you like for a price you can live with on Airbnb or VRBO, for example, you can use your card to book it and then redeem your points once the charge posts. But, you have the option to shop around for a lower price, so you could book with other travel vendors like Expedia, TripAdvisor, or Priceline, too.
Remember that any travel expense will work, so you could also use your points to book a vacation rental, flights, or a traditional hotel. The choice is up to you.
Please Note: Information about the Discover it® Miles and Capital One® Venture® Rewards Credit Card has been collected independently by TheSimpleDollar.com. The issuer did not provide the details, nor is it responsible for their accuracy.
Editorial Note: Compensation does not influence our recommendations. However, we may earn a commission on sales from the companies featured in this post. To view our disclosures, click here. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by our advertisers. Reasonable efforts are made to present accurate info, however all information is presented without warranty. Consult our advertiser’s page for terms & conditions.