Amex Transfer Bonus To Airbnb Gift Cards

Travis is my first new contributor to the blog, who will be posting a couple of times per week. The idea behind adding guest contributors is to add different perspectives to the blog. Travis has a unique approach towards travel, given that he travels almost exclusively with his wife and young children, which is in stark contrast to my travels, which are usually alone.


Back in December American Express announced a new Membership Rewards relationship with Airbnb “the world’s leading community-driven hospitality company where people can list, discover, and book unique accommodations around the world.”

The net effect of this relationship is that members were now able to redeem Membership Rewards points for Airbnb e-gift cards. The gift cards come in denominations of $100 or $250 and require 10,000 or 25,000 Membership Rewards points, respectively.

While more partners are better than fewer partners, redeeming for gift cards is rarely a good idea since it is a 1 cent per point redemption. So there really hasn’t been that much to get excited about.

Airbnb

Perhaps to build some buzz around the new partnership, however, American Express is currently offering the equivalent of a 25% transfer bonus with Airbnb. Though March 31, you can redeem 10,000 Membership Rewards points for $125. This improves the redemption to 1.25 cents per point. As with most Membership Rewards promotions, the bonus is coded into the transaction automatically.

airbnb-gift-card

I’ve used Airbnb a few times and have had decent results. That said, since I value Membership Rewards points at around 1.6 cents each, I don’t see myself redeeming for any Airbnb gift cards during this promotion.

But if you use Airbnb and are flush with Membership Rewards points, this could be a decent deal.

Are you excited about the new partnership? Ever used Airbnb? Will you be taking advantage of this promotion?

Comments

  1. Unfortunately once again seems to be restricted to US issued Amex cards. Somehow in other countries, Amex gets away without ever changing the few partners they have and never offer any promos.

  2. Travis,

    I love your posts!

    I am a huge fan of Airbnb, and in fact I have been a host since 2011 and have never looked back. I think personally that any publicity is good for the service (and in turn, the hosts that will benefit from this)- so – I am very excited for the community as a whole.

  3. Thanks for the post, Travis — it’s nice to see referrals to places that even I can afford, and would want to stay at, rather than the anonymous chains where you are just a reservation number. I won’t be taking advantage of it, since (1) my card is Canadian; and (2) the redemption value, as you say, is very low, even with the bonus….but it’s still good (??) to hear that this form of community sharing is being recognized by the multi-nationals

    I look forward to your weekly posts

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