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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.

Amex just announced their new partner Airbnb.
Amex just announced their new partner Airbnb.

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.

You can buy Airbnb gift cards in denominations of $100 or $250
You can buy Airbnb gift cards in denominations of $100 or $250

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?

2018 TPG Award Winner: Mid-Tier Card of the Year
Chase Sapphire Preferred® Card

NEW INCREASED OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

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More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Intro APR on Purchases
N/A
Regular APR
18.24% - 25.24% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.