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American Express Membership Rewards just announced their new partnership with Airbnb, which means that Amex cardholders, based in the United States, that have an eligible card which earns Mermbership Rewards points, will now be able to redeem for Airbnb eGift Cards, which will be avaiable in $100 and $250 denominations.
Airbnb is a website that allows you to book lodging–people rent out their apartments, houses, bungalows, villas etc and you can find some really unique and interesting properties in more than 34,000 cities and over 190 countries. It’s a very different way of experiencing a city or place than staying in a hotel and I find it usually offers a more “local” experience.
The Airbnb eGift cards are available for purchase starting at 10,000 points, and once you buy, the card will be emailed directly to you. Amex has launched this just in time for the holidays, and these could make great gifts for friends and family.
The terms and conditions state that while you are encouraged to use the value of your Airbnb eGift Card code in a single transaction, you will be issued a new Airbnb eGift Card code for any unused residual value via email within 5 days from the date of your booking using the original Airbnb eGift Card code, and they don’t expire.
In my most recent monthly valuations, I list Membership Rewards at 1.9 cents apiece, so redeeming for Airbnb gift cards doesn’t provide a very good value. I’d rather save my points for transfers to air and hotel partners, though if you really want to stay with Airbnb and want to save some money, then this could be of value to you.
So TPG readers, will anyone be redeeming their American Express Membership Rewards Points to buy an Airbnb gift card?
Chase Sapphire Preferred® Card
|Intro APR||Regular APR||Annual Fee||Foreign Transaction Fee||Credit Rating|
|N/A||16.24%-23.24% Variable||Introductory Annual Fee of $0 the first year, then $95||0%||Excellent Credit|