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American Express adds Airbnb listings to Amex Travel
CNBC reports American Express and Airbnb said Thursday that more than 1 million Airbnb listings can be booked through Amex Travel, with Membership Rewards on prepaid stays.
- New headline Was: “American Express brings Airbnb bookings and rewards to Amex Travel platform”
- Our desk filed its story
American Express and Airbnb said Thursday that more than 1 million Airbnb listings are available to book through Amex Travel, and that eligible cardholders can earn Membership Rewards points on prepaid stays booked that way1.
CNBC reported that members cannot currently redeem points to pay for Airbnb bookings1. The listings sit alongside Amex's hotel offering, which CNBC said includes more than 3,400 properties in Fine Hotels + Resorts and The Hotel Collection1.
Point rates vary by card, according to CNBC1. Consumer and Business Platinum card members earn five times Membership Rewards on prepaid Airbnb bookings through Amex Travel1. Consumer Classic Green card members earn three times points on travel bookings made directly through third-party sites, including Airbnb1. Other eligible rewards members earn two times points on prepaid Airbnb bookings through Amex Travel1.
Holders of the consumer or business Platinum card can apply a $600 annual lodging credit, previously called the hotel credit, to Airbnb Luxe stays, CNBC reported1. After a Luxe booking, they can also use a $250 statement credit on eligible Airbnb Experiences1.
CNBC framed the partnership against competition among premium cards1. It said American Express last year raised the annual fee on its Platinum card to $895 and has added lounge and experience perks1. Earlier this month, Amex announced Centurion Lounge renovations and new lounges planned for Newark Liberty International Airport and London Heathrow Airport, CNBC said1.
CNBC cited a Squaremouth study finding that more than half of Americans reported making no changes to summer travel plans despite higher costs for airfare, gas and hotels1. Independent confirmation of booking terms and the companies' full news release were not reviewed for this report.
